8, Well Cross
8, Well Cross
Description & Estimates
According to the public record, 8, Well Cross, Oakham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 797 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Well Cross, Oakham is £378,046 and the estimated rental value is £1,155 per month.
Well Cross, Edith Weston, Oakham, LE15 is located within the LE15 postal district.
Our Data Sources
8, Well Cross, Oakham has 41 entries in the Land Registry , most recently in May 2007 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 8, Well Cross, Oakham is in very good condition we estimate a sale value of £396,949 and a rental value of £1,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,583 and a rental value of £1,075 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Well Cross, Oakham has moved down by £13,219 (3.5%), while its estimated rental value has increased by £12 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Sold Prices
According to HM Land Registry, 8, Well Cross, Oakham was last sold on 4th May 2007 for £162,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2007, the market for similar properties has risen by 79.1%.
- Sold May 2007£162,500
- Sold Feb 2006£140,000
- Sold Dec 1998£67,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Well Cross, Oakham within a radius of 4.8 kilometres over the last 2 years.
The most recent example is 3, Well Cross, Oakham, LE15 8HG, a freehold house which sold for £330,000 on the 7th June 2019.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Well Cross, Edith Weston, Oakham, LE15 has a total of 19 addresses. According to our analysis of all the public data, 8, Well Cross, Oakham is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in LE15.
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Schools Nearby
- 500mEdith Weston Academy
- 2.0kmSt Mary and St John CofE VA Primary School
- 4.4kmEmpingham Church of England Primary School
- 8.3kmCatmose College
- 8.5kmCasterton College Rutland
- 8.9kmUppingham Community College
More reading links
Public Transport Nearby
The closest station to 8, Well Cross, Oakham is Oakham station, which is 8.0 kilometres away.
- 8.0kmOakham
- 10.2kmStamford (Lincs)
- 17.0kmCorby
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
