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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Hectors Way, Oakham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,380 ft2 of internal area and sits on a 322 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Hectors Way, Oakham is £368,860 and the estimated rental value is £1,353 per month.
Hectors Way, Oakham, LE15 is located within the LE15 postal district.
7, Hectors Way, Oakham has 31 entries in the Land Registry , most recently in October 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Hectors Way, Oakham is in very good condition we estimate a sale value of £387,303 and a rental value of £1,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,040 and a rental value of £1,259 per month.
Over the last 12 months the sale value of 7 Hectors Way Oakham has decreased by an estimated £10,209 (2.8%) and its rental value has increased by an estimated £40 per month (2.9%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 7, Hectors Way, Oakham sits on a plot of 322m2.
We have plot size data on 41 out of 41 other houses in the postcode and 7, Hectors Way, Oakham sits on the 4th largest plot.
According to HM Land Registry, 7, Hectors Way, Oakham was last sold on 14th October 2009 for £200,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2009, the market for similar properties has risen 123.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Hectors Way, Oakham within a radius of 750 metres over the last 2 years.
The most recent example is 9, Hectors Way, Oakham, LE15 6JZ, a freehold house which sold for £350,000 on the 24th April 2023.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hectors Way, Oakham, LE15 has a total of 42 addresses. According to our analysis of all the public data, 7, Hectors Way, Oakham is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in LE15.
The closest station to 7, Hectors Way, Oakham is Oakham station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Hectors Way, Oakham, 35.9% of property is privately owned with a mortgage and 26.9% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Hectors Way, Oakham, 20.3% of residents are recorded as possessing school level qualifications and 21.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Hectors Way, Oakham, the average age was 43.6 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Hectors Way, Oakham, 0.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Hectors Way, Oakham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
