9, Well Cross
9, Well Cross
Description & Estimates
Public records show 9, Well Cross, Oakham to be a period freehold house with 697 ft2 of internal area, sitting on a 409 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
9, Well Cross, Oakham has an estimated sale value of £358,052 and an estimated rental value of £1,101 per month, assuming reasonable condition and based on the information available.
Well Cross, Edith Weston, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
9, Well Cross, Oakham has 21 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated April 2009.
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 9, Well Cross, Oakham would be worth £375,955, with a potential rental value of £1,156 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £332,989, with a rental value of £1,024 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 9, Well Cross, Oakham has decreased by £16,348 (4.6%) over the last year. During the same period, its estimated monthly rental value has grown by £2 (0.1%). The property's estimated gross yield is currently 3.7%.
Plot Size
9, Well Cross, Oakham occupies a 409 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
9, Well Cross, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
9, Well Cross, Oakham last changed hands on 10th July 2015, selling for £225,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 51.8% since July 2015.
- Sold Jul 2015£225,000
- Sold Aug 2006£147,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.7 kilometres of 9, Well Cross, Oakham across the last 2 years.
Most recently, 8, King Edwards Way, Oakham, LE15 8EZ, a freehold house, sold at £205,000 on the 3rd August 2022.
Read more about house prices in LE15.
- Sold Aug 2022£205,000 | 2 Bed House8, King Edwards Way, Oakham, LE15 8EZ8, King Edwards Way, Oakham, LE15 8EZ
- Sold Jun 2019£330,000 | 3 Bed House3, Well Cross, Oakham, LE15 8HG3, Well Cross, Oakham, LE15 8HG
- Sold May 2007£162,500 | 3 Bed House8, Well Cross, Oakham, LE15 8HG8, Well Cross, Oakham, LE15 8HG
•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 9, Well Cross, Oakham as the 19th largest and the 16th most expensive of the 19 addresses on Well Cross, Edith Weston, Oakham, LE15.
Against the LE15 postcode district average, it is £22k less expensive than the typical property.
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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
Oakham station is the nearest stop to 9, Well Cross, Oakham at 8.0 kilometres away.
- 8.0kmOakham
- 10.2kmStamford (Lincs)
- 17.0kmCorby
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.
