8, Main Street
8, Main Street
Description & Estimates
Public records show 8, Main Street, Oakham to be a modern freehold house with 1,394 ft2 of internal area, sitting on a 587 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Main Street, Oakham has an estimated sale value of £631,328 and an estimated rental value of £1,735 per month, assuming reasonable condition and based on the information available.
Main Street, Knossington, Oakham, LE15 lies in the borough of Melton, within the LE15 postal district.
Our Data Sources
8, Main Street, Oakham has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated March 2011.
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.
Price Range & Condition
In very good condition, we estimate 8, Main Street, Oakham would be worth £662,894, with a potential rental value of £1,822 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £587,135, 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.
Recent Market Change
The estimated sale value of 8, Main Street, Oakham has dropped by £13,686 (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 3.3%.
Plot Size
8, Main Street, Oakham occupies a 587 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
8, Main Street, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
Sold Prices
8, Main Street, Oakham last changed hands on 17th June 2021, selling for £700,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 5.1% since June 2021.
- Sold Jun 2021£700,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.8 kilometres of 8, Main Street, Oakham across the last 2 years.
Most recently, 9, Larchwood Rise, Oakham, LE15 8LS, a freehold house, sold at £590,000 on the 21st November 2024.
Read more about house prices in LE15.
- Sold Nov 2024£590,000 | 4 Bed House9, Larchwood Rise, Oakham, LE15 8LS9, Larchwood Rise, Oakham, LE15 8LS
- Sold Apr 2021£610,000 | 4 Bed House6, Mill Lane, Melton Mowbray, LE14 2QE6, Mill Lane, Melton Mowbray, LE14 2QE
- Sold Aug 2019£530,000 | 4 Bed House23, Somerby Road, Oakham, LE15 8LY23, Somerby Road, Oakham, LE15 8LY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Main Street, Oakham as the 6th largest and the 3rd most expensive of the 11 addresses on Main Street, Knossington, Oakham, LE15.
Against the LE15 postcode district average, it is £251k more expensive than the typical property.
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Schools Nearby
- 3.1kmSomerby Primary School
- 4.8kmLangham CofE (Controlled) Primary School
- 5.1kmCatmose Primary
- 5.2kmCatmose College
- 11.7kmLong Field Spencer Academy
- 11.8kmUppingham Community College
More reading links
Public Transport Nearby
Oakham station is the nearest stop to 8, Main Street, Oakham at 5.5 kilometres away.
- 5.5kmOakham
- 11.2kmMelton Mowbray
- 18.2kmSyston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
