8, St. Marys Close
8, St. Marys Close
Description & Estimates
8, St. Marys Close, Oakham is recorded publicly as a mid-century freehold house across 1,754 ft2 of internal area, sitting on a 901 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, St. Marys Close, Oakham is £803,327 and its rental estimate is £2,072 per month, given the available information and assuming reasonable condition.
St. Marys Close, Edith Weston, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
8, St. Marys Close, Oakham has 21 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated March 2020.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, St. Marys Close, Oakham, we estimate a market value of £843,494 and a rental value of £2,176 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £747,094 and £1,927 per month respectively.
Recent Market Change
Over the last year, 8, St. Marys Close, Oakham has seen its estimated sale value drop by £17,415 (2.2%) and its estimated rental value rise by £45 per month (2.2%). This results in an estimated gross rental yield of 3.1%.
Plot Size
HM Land Registry records the plot of land for 8, St. Marys Close, Oakham as measuring 901 m2.
That makes it the 4th largest plot in the postcode, where 7 of the 8 other houses have recorded plot data.
Energy Efficiency
8, St. Marys Close, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, St. Marys Close, Oakham completed on 6th July 2023 at £780,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 1.6% over the period since July 2023.
- Sold Jul 2023£780,000
- Sold Aug 2005£320,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, St. Marys Close, Oakham have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th July 2023, was 20, Weston Road, Oakham, LE15 8HQ, a freehold house which sold for £677,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on St. Marys Close, Edith Weston, Oakham, LE15, 8, St. Marys Close, Oakham comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £423k more expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 500mEdith Weston Academy
- 2.1kmSt Mary and St John CofE VA Primary School
- 4.3kmEmpingham Church of England Primary School
- 8.3kmCatmose College
- 8.4kmCasterton College Rutland
- 9.0kmUppingham Community College
More reading links
Public Transport Nearby
From 8, St. Marys Close, Oakham, the nearest station is Oakham, 8.0 kilometres away.
- 8.0kmOakham
- 10.1kmStamford (Lincs)
- 17.2kmCorby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
