1A, Oakham Road
1A, Oakham Road
Description & Estimates
1A, Oakham Road, Oakham is recorded publicly as a modern freehold house across 1,700 ft2 of internal area, sitting on a 440 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1A, Oakham Road, Oakham is £424,310 and its rental estimate is £1,453 per month, given the available information and assuming reasonable condition.
Oakham Road, Langham, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
1A, Oakham Road, Oakham has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated May 2016.
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 1A, Oakham Road, Oakham, we estimate a market value of £445,525 and a rental value of £1,526 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £394,608 and £1,351 per month respectively.
Recent Market Change
Over the last year, 1A, Oakham Road, Oakham has seen its estimated sale value fall by £9,198 (2.2%) and its estimated rental value move up by £32 per month (2.2%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 1A, Oakham Road, Oakham as measuring 440 m2.
That makes it the 5th largest plot in the postcode, where 4 of the 5 other houses have recorded plot data.
Energy Efficiency
1A, Oakham Road, Oakham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1A, Oakham Road, Oakham completed on 5th March 2018 at £335,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 30.0% over the period since March 2018.
- Sold Mar 2018£335,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1A, Oakham Road, Oakham have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2023, was 11, Ruddle Way, Oakham, LE15 7NZ, a freehold house which sold for £490,000.
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
Of the 13 addresses on Oakham Road, Langham, Oakham, LE15, 1A, Oakham Road, Oakham comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £44k more expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 100mLangham CofE (Controlled) Primary School
- 2.6kmOakham CofE Primary School
- 2.7kmCatmose Primary
- 2.1kmCatmose College
- 12.3kmUppingham Community College
- 12.7kmLong Field Spencer Academy
More reading links
Public Transport Nearby
From 1A, Oakham Road, Oakham, the nearest station is Oakham, 2.3 kilometres away.
- 2.3kmOakham
- 12.0kmMelton Mowbray
- 19.0kmStamford (Lincs)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
