7, Melton Road
7, Melton Road
Description & Estimates
7, Melton Road, Oakham appears in the public record as a freehold house sitting on a 448 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,285 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7, Melton Road, Oakham is £340,503 and its rental estimate is £1,323 per month, given the available information and assuming reasonable condition.
Melton Road, Langham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
7, Melton Road, Oakham has a single entry in the Land Registry from August 2007 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Melton Road, Oakham, we estimate a market value of £357,529 and a rental value of £1,390 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £316,668 and £1,231 per month respectively.
Recent Market Change
Over the last year, 7, Melton Road, Oakham has seen its estimated sale value decline by £7,382 (2.2%) and its estimated rental value climb by £29 per month (2.2%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 7, Melton Road, Oakham as measuring 448 m2.
That makes it the 22nd largest plot in the postcode, where 32 of the 37 other houses have recorded plot data.
Sold Prices
The most recent sale of 7, Melton Road, Oakham completed on 22nd August 2007 at £210,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 54.7% over the period since August 2007.
- Sold Aug 2007£210,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Melton Road, Oakham have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd July 2025, was 18, Burley Road, Oakham, LE15 7HY, a freehold house which sold for £305,000.
Read more about house prices in LE15.
- Sold Jul 2025£305,000 | 4 Bed House18, Burley Road, Oakham, LE15 7HY18, Burley Road, Oakham, LE15 7HY
- Sold Mar 2022£321,500 | 3 Bed House23, Well Street, Oakham, LE15 7JS23, Well Street, Oakham, LE15 7JS
- Sold Feb 2021£276,000 | 4 Bed House2, Well Street, Oakham, LE15 7JS2, Well Street, Oakham, LE15 7JS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Melton Road, Langham, Oakham, LE15, 7, Melton Road, Oakham comes out as the 16th largest and the 19th most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 300mLangham CofE (Controlled) Primary School
- 2.9kmCatmose Primary
- 2.9kmOakham CofE Primary School
- 2.3kmCatmose College
- 12.4kmLong Field Spencer Academy
- 12.5kmUppingham Community College
More reading links
Public Transport Nearby
From 7, Melton Road, Oakham, the nearest station is Oakham, 2.5 kilometres away.
- 2.5kmOakham
- 11.7kmMelton Mowbray
- 19.2kmStamford (Lincs)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
