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Company No. 11113204
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According to the public record, 81, John Clare Close, Oakham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 577 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 81, John Clare Close, Oakham is £138,696 and the estimated rental value is £645 per month.
John Clare Close, Oakham, LE15 is located within the LE15 postal district.
81, John Clare Close, Oakham has a single entry in the Land Registry from May 2019 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 5 out of 5 and is considered of high accuracy.
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 81, John Clare Close, Oakham is in very good condition we estimate a sale value of £145,631 and a rental value of £677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,987 and a rental value of £600 per month.
Over the last 12 months the sale value of 81 John Clare Close Oakham has decreased by an estimated £4,170 (3.0%) and its rental value has increased by an estimated £21 per month (3.2%), giving an expected gross yield of 5.6%.
According to HM Land Registry, 81, John Clare Close, Oakham was last sold on 29th May 2019 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 81, John Clare Close, Oakham within a radius of 620 metres over the last 2 years.
The most recent example is 71, John Clare Close, Oakham, LE15 6GH, a leasehold flat which sold for £140,000 on the 25th April 2023.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
John Clare Close, Oakham, LE15 has a total of 63 addresses. According to our analysis of all the public data, 81, John Clare Close, Oakham is the 63rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in LE15.
The closest station to 81, John Clare Close, Oakham is Oakham station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 81, John Clare Close, Oakham, 28.8% of property is privately owned with a mortgage and 25.9% is socially 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 81, John Clare Close, Oakham, 20.4% of residents are recorded as possessing school level qualifications and 28.7% 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 81, John Clare Close, Oakham, the average age was 43.6 and the most common age was 52.
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 81, John Clare Close, 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 81, John Clare Close, Oakham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
