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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, Orchard Close, Oakham is a mid-century freehold house with 1,054 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Orchard Close, Oakham is £376,170 and the estimated rental value is £1,215 per month.
Orchard Close, Egleton, Oakham, LE15 is located within the LE15 postal district.
7, Orchard Close, Oakham has a single entry in the Land Registry from July 2013 and a single entry in the EPC database dated October 2012.
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, Orchard Close, Oakham is in very good condition we estimate a sale value of £394,979 and a rental value of £1,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,838 and a rental value of £1,130 per month.
Over the last 12 months the sale value of 7 Orchard Close Oakham has decreased by an estimated £15,112 (4.0%) and its rental value has increased by an estimated £17 per month (1.4%), giving an expected gross yield of 3.9%.
7, Orchard Close, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Oct 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, dual fuel (mineral and wood).
According to HM Land Registry, 7, Orchard Close, Oakham was last sold on 1st July 2013 for £215,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2013, the market for similar properties has risen 77.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Orchard Close, Oakham within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 55, Greenwood Street, Oakham, LE15 6GU, a freehold house which sold for £394,995 on the 18th July 2024.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Close, Egleton, Oakham, LE15 has a total of 11 addresses. According to our analysis of all the public data, 7, Orchard Close, Oakham is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £880 less expensive than the average property in LE15.
The closest station to 7, Orchard Close, Oakham is Oakham station which is 2.4 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, Orchard Close, Oakham, 49.7% of property is privately owned outright and 23.5% 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, Orchard Close, Oakham, 14.7% of residents are recorded as possessing school level qualifications and 49.7% 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, Orchard Close, 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, Orchard Close, Oakham, 3.0% 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, Orchard Close, 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.
