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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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The public record lists 8, Main Street, Oakham as a freehold house.
Comparison with its neighbours suggests a period house with 1,720 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
8, Main Street, Oakham has an estimated sale value of £673,081 and an estimated rental value of £1,736 per month, assuming reasonable condition and based on the information available.
Main Street, Bisbrooke, Oakham, LE15 lies within the LE15 postal district.
8, Main Street, Oakham has 21 entries in the Land Registry , most recently in August 2021 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 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 8, Main Street, Oakham would be worth £706,735, with a potential rental value of £1,823 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £625,965, with a rental value of £1,614 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Main Street, Oakham has dropped by £14,591 (2.2%) over the last year. During the same period, its estimated monthly rental value has risen by £38 (2.2%). The property's estimated gross yield is currently 3.1%.
8, Main Street, Oakham last changed hands on 18th August 2021, selling for £715,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 3.6% since August 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.4 kilometres of 8, Main Street, Oakham across the last 2 years.
Most recently, 1A, Church Lane, Oakham, LE15 9EL, a freehold house, sold at £630,000 on the 4th October 2023.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Main Street, Oakham as the 11th largest and the 11th most expensive of the 26 addresses on Main Street, Bisbrooke, Oakham, LE15.
Against the LE15 postcode district average, it is £293k more expensive than the typical property.
Oakham station is the nearest stop to 8, Main Street, Oakham at 9.9 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Main Street, Oakham, 53.1% of property is privately owned outright and 31.6% 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 8, Main Street, Oakham, 13.0% of residents are recorded as possessing school level qualifications and 47.6% 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 8, Main Street, 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 8, Main Street, Oakham, 3.2% 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 8, Main Street, 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.
