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According to the public record, 7, Main Street, Oakham is a period freehold house with 2,314 ft2 of internal area and sits on a 1,380 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Main Street, Oakham is £1,118,750 and the estimated rental value is £2,952 per month.
Main Street, Empingham, Oakham, LE15 is located within the LE15 postal district.
7, Main Street, Oakham has 2 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Main Street, Oakham is in very good condition we estimate a sale value of £1,174,687 and a rental value of £3,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,040,437 and a rental value of £2,746 per month.
Over the last 12 months the sale value of 7 Main Street Oakham has decreased by an estimated £38,216 (3.4%) and its rental value has increased by an estimated £83 per month (2.8%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 7, Main Street, Oakham sits on a plot of 1380m2.
We have plot size data on 28 out of 41 other houses in the postcode and 7, Main Street, Oakham sits on the 3rd largest plot.
7, Main Street, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Oct 2017.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 7, Main Street, Oakham was last sold on 10th January 2018 for £950,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2018, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Main Street, Oakham within a radius of 5.2 kilometres over the last 2 years.
The most recent example is Mill View, Lower Farm Close, Oakham, LE15 8RB, a freehold house which sold for £900,000 on the 18th December 2020.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Street, Empingham, Oakham, LE15 has a total of 68 addresses. According to our analysis of all the public data, 7, Main Street, Oakham is the 12th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £742k more expensive than the average property in LE15.
The closest station to 7, Main Street, Oakham is Stamford (Lincs) station which is 8.0 kilometres 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, Main Street, Oakham, 51.8% of property is privately owned outright and 34.0% is privately owned with a mortgage.
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, Main Street, Oakham, 13.8% of residents are recorded as possessing school level qualifications and 49.6% 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, Main Street, Oakham, the average age was 40.8 and the most common age was 27.
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, Main Street, Oakham, 2.7% 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, Main Street, Oakham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.