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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, Reeves Lane, Oakham is a mid-century freehold house with 2,055 ft2 of internal area and sits on a 867 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, Reeves Lane, Oakham is £700,654 and the estimated rental value is £1,856 per month.
Reeves Lane, Wing, Oakham, LE15 is located within the LE15 postal district.
7, Reeves Lane, Oakham has 21 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated May 2014.
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, Reeves Lane, Oakham is in very good condition we estimate a sale value of £735,686 and a rental value of £1,949 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £651,608 and a rental value of £1,726 per month.
Over the last 12 months the sale value of 7 Reeves Lane Oakham has decreased by an estimated £18,882 (2.7%) and its rental value has increased by an estimated £25 per month (1.4%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 7, Reeves Lane, Oakham sits on a plot of 867m2.
We have plot size data on 10 out of 13 other houses in the postcode and 7, Reeves Lane, Oakham sits on the 9th largest plot.
7, Reeves Lane, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 7, Reeves Lane, Oakham was last sold on 18th February 2019 for £555,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2019, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Reeves Lane, Oakham within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Holly Tree House, Top Street, Oakham, LE15 8SE, a freehold house which sold for £700,000 on the 10th February 2023.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeves Lane, Wing, Oakham, LE15 has a total of 13 addresses. According to our analysis of all the public data, 7, Reeves Lane, Oakham is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £320k more expensive than the average property in LE15.
The closest station to 7, Reeves Lane, Oakham is Oakham station which is 6.8 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, Reeves Lane, Oakham, 50.4% of property is privately owned outright and 27.0% 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, Reeves Lane, Oakham, 13.8% of residents are recorded as possessing school level qualifications and 46.2% 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, Reeves Lane, Oakham, the average age was 45.8 and the most common age was 17.
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, Reeves Lane, Oakham, 3.8% 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, Reeves Lane, Oakham, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
