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Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 8, Willoughby Gardens, Oakham is £493,095 and its rental estimate is £1,521 per month, given the available information and assuming reasonable condition.
Willoughby Gardens, Oakham, LE15 falls within the LE15 postal district.
8, Willoughby Gardens, Oakham has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, Willoughby Gardens, Oakham, we estimate a market value of £517,750 and a rental value of £1,597 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £458,579 and £1,415 per month respectively.
Over the last year, 8, Willoughby Gardens, Oakham has seen its estimated sale value move down by £22,514 (4.6%) and its estimated rental value increase by £2 per month (0.1%). This results in an estimated gross rental yield of 3.7%.
8, Willoughby Gardens, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 1 property similar to 8, Willoughby Gardens, Oakham has sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2016, was 42, Braunston Road, Oakham, LE15 6LD, a freehold house which sold for £135,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 22 addresses on Willoughby Gardens, Oakham, LE15, 8, Willoughby Gardens, Oakham comes out as the 6th largest and the 3rd most expensive in our analysis of the public data.
It is also £113k more expensive than the average property across the LE15 district.
From 8, Willoughby Gardens, Oakham, the nearest station is Oakham, 500 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Willoughby Gardens, Oakham, 48.6% of property is socially rented and 20.3% 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 8, Willoughby Gardens, Oakham, 20.7% of residents are recorded as possessing school level qualifications and 19.9% 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, Willoughby Gardens, 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 8, Willoughby Gardens, 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 8, Willoughby Gardens, Oakham, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.