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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, The Vale, Oakham is a mid-century freehold house with 1,668 ft2 of internal area and sits on a 864 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, The Vale, Oakham is £545,126 and the estimated rental value is £1,401 per month.
The Vale, Oakham, LE15 is located within the LE15 postal district.
7, The Vale, Oakham has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated July 2016.
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, The Vale, Oakham is in very good condition we estimate a sale value of £572,382 and a rental value of £1,471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,967 and a rental value of £1,303 per month.
Over the last 12 months the sale value of 7 The Vale Oakham has decreased by an estimated £15,088 (2.8%) and its rental value has increased by an estimated £41 per month (2.9%), giving an expected gross yield of 3.1%.
According to data from HM Land Registry, 7, The Vale, Oakham sits on a plot of 864m2.
We have plot size data on 7 out of 8 other houses in the postcode and 7, The Vale, Oakham sits on the 5th largest plot.
7, The Vale, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jul 2016.
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, The Vale, Oakham was last sold on 19th December 2016 for £395,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2016, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Vale, Oakham within a radius of 860 metres over the last 2 years.
The most recent example is 20, Cricket Lawns, Oakham, LE15 6HT, a freehold house which sold for £445,000 on the 17th February 2023.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Vale, Oakham, LE15 has a total of 8 addresses. According to our analysis of all the public data, 7, The Vale, Oakham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in LE15.
The closest station to 7, The Vale, Oakham is Oakham station which is 1.0 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, The Vale, Oakham, 56.5% of property is privately owned outright and 25.9% 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, The Vale, Oakham, 17.1% of residents are recorded as possessing school level qualifications and 55.8% 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, The Vale, 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, The Vale, Oakham, 4.0% 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, The Vale, 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.
