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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, Westgate, Oakham is a period freehold house with 2,443 ft2 of internal area and sits on a 724 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, Westgate, Oakham is £796,125 and the estimated rental value is £2,101 per month.
Westgate, Oakham, LE15 is located within the LE15 postal district.
7, Westgate, Oakham has 31 entries in the Land Registry , most recently in January 2017 and a single entry in the EPC database dated September 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Westgate, Oakham is in very good condition we estimate a sale value of £835,931 and a rental value of £2,206 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £740,396 and a rental value of £1,954 per month.
Over the last 12 months the sale value of 7 Westgate Oakham has decreased by an estimated £27,195 (3.4%) and its rental value has increased by an estimated £59 per month (2.8%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 7, Westgate, Oakham sits on a plot of 724m2.
7, Westgate, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Westgate, Oakham was last sold on 23rd January 2017 for £600,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2017, the market for similar properties has risen 48.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Westgate, Oakham within a radius of 600 metres over the last 2 years.
The most recent example is 7, Lodge Gardens, Oakham, LE15 6EP, a freehold house which sold for £820,000 on the 1st March 2022.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westgate, Oakham, LE15 has a total of 9 addresses. According to our analysis of all the public data, 7, Westgate, Oakham is the largest and the most expensive property on the street.
When compared to the postcode district it is £419k more expensive than the average property in LE15.
The closest station to 7, Westgate, Oakham is Oakham station which is 200 metres away.
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, Westgate, Oakham, 37.3% of property is socially rented and 31.3% is privately rented.
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, Westgate, Oakham, 9.8% of residents are recorded as possessing school level qualifications and 24.5% 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, Westgate, 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, Westgate, 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, Westgate, Oakham, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
