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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, Mill Lane, Oakham is a mid-century freehold house with 692 ft2 of internal area and sits on a 520 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mill Lane, Oakham is £322,741 and the estimated rental value is £993 per month.
Mill Lane, Cottesmore, Oakham, LE15 is located within the LE15 postal district.
7, Mill Lane, Oakham has 41 entries in the Land Registry , most recently in September 2018 and a single entry in the EPC database dated August 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Mill Lane, Oakham is in very good condition we estimate a sale value of £338,878 and a rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,149 and a rental value of £924 per month.
Over the last 12 months the sale value of 7 Mill Lane Oakham has decreased by an estimated £14,736 (4.6%) and its rental value has increased by an estimated £1 per month (0.1%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 7, Mill Lane, Oakham sits on a plot of 520m2.
We have plot size data on 17 out of 22 other houses in the postcode and 7, Mill Lane, Oakham sits on the 13th largest plot.
7, Mill Lane, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Aug 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Mill Lane, Oakham was last sold on 21st September 2018 for £235,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2018, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mill Lane, Oakham within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 1, The Pastures, Oakham, LE15 7DZ, a freehold house which sold for £327,500 on the 3rd August 2022.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Cottesmore, Oakham, LE15 has a total of 22 addresses. According to our analysis of all the public data, 7, Mill Lane, Oakham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in LE15.
The closest station to 7, Mill Lane, Oakham is Oakham station which is 6.6 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, Mill Lane, Oakham, 53.4% of property is privately owned outright and 38.4% 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, Mill Lane, Oakham, 13.0% of residents are recorded as possessing school level qualifications and 40.7% 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, Mill Lane, 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, Mill Lane, Oakham, 0.0% 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, Mill Lane, 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.
