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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, Suthern Close, Oakham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,359 ft2 of internal area and sits on a 382 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Suthern Close, Oakham is £493,181 and the estimated rental value is £1,369 per month.
Suthern Close, Oakham, LE15 is located within the LE15 postal district.
7, Suthern Close, Oakham has 41 entries in the Land Registry , most recently in December 2019 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.
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, Suthern Close, Oakham is in very good condition we estimate a sale value of £517,840 and a rental value of £1,438 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,658 and a rental value of £1,274 per month.
Over the last 12 months the sale value of 7 Suthern Close Oakham has decreased by an estimated £13,650 (2.8%) and its rental value has increased by an estimated £40 per month (2.9%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 7, Suthern Close, Oakham sits on a plot of 382m2.
We have plot size data on 12 out of 12 other houses in the postcode and 7, Suthern Close, Oakham sits on the 7th largest plot.
According to HM Land Registry, 7, Suthern Close, Oakham was last sold on 16th December 2019 for £389,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since December 2019, the market for similar properties has risen 24.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Suthern Close, Oakham within a radius of 830 metres over the last 2 years.
The most recent example is 41, Schofield Road, Oakham, LE15 6FW, a freehold house which sold for £482,500 on the 16th July 2024.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Suthern Close, Oakham, LE15 has a total of 12 addresses. According to our analysis of all the public data, 7, Suthern Close, Oakham is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in LE15.
The closest station to 7, Suthern Close, Oakham is Oakham station which is 700 metres 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, Suthern Close, Oakham, 54.4% of property is privately owned outright and 30.2% 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, Suthern Close, Oakham, 17.3% of residents are recorded as possessing school level qualifications and 48.4% 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, Suthern Close, Oakham, the average age was 46.4 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, Suthern Close, Oakham, 1.5% 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, Suthern 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.
