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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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3A, Oakham Road, Oakham is recorded publicly as a modern freehold house across 2,680 ft2 of internal area, sitting on a 1,077 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 3A, Oakham Road, Oakham is £839,900 and its rental estimate is £2,225 per month, given the available information and assuming reasonable condition.
Oakham Road, Langham, Oakham, LE15 falls within the LE15 postal district.
3A, Oakham Road, Oakham has 2 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 3A, Oakham Road, Oakham, we estimate a market value of £881,895 and a rental value of £2,336 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £781,107 and £2,069 per month respectively.
Over the last year, 3A, Oakham Road, Oakham has seen its estimated sale value move down by £22,634 (2.7%) and its estimated rental value increase by £31 per month (1.4%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for 3A, Oakham Road, Oakham as measuring 1,077 m2.
That makes it the 3rd largest plot in the postcode, where 4 of the 5 other houses have recorded plot data.
3A, Oakham Road, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3A, Oakham Road, Oakham completed on 15th February 2022 at £780,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 25.3% over the period since February 2022.
Over the past 2 years 3 properties similar to 3A, 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 10th November 2023, was 5, The Range, Oakham, LE15 7EB, a freehold house which sold for £821,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 13 addresses on Oakham Road, Langham, Oakham, LE15, 3A, Oakham Road, Oakham comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £460k more expensive than the average property across the LE15 district.
From 3A, Oakham Road, Oakham, the nearest station is Oakham, 2.3 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3A, Oakham Road, Oakham, 65.3% of property is privately owned outright and 21.6% is privately owned with a mortgage.
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 3A, Oakham Road, Oakham, 13.4% of residents are recorded as possessing school level qualifications and 33.8% 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 3A, Oakham Road, 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 3A, Oakham Road, Oakham, 1.2% 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 3A, Oakham Road, Oakham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
