Cedar House, Oakham
Cedar House, Oakham
Description & Estimates
Public records show Cedar House, Oakham to be a mid-century freehold house with 1,334 ft2 of internal area, sitting on a 3,573 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Cedar House, Oakham has an estimated sale value of £539,781 and an estimated rental value of £1,503 per month, assuming reasonable condition and based on the information available.
Kirks Close, Greetham, Oakham, LE15 lies within the LE15 postal district.
Our Data Sources
Cedar House, Oakham has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated October 2023.
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 Cedar House, Oakham would be worth £566,770, with a potential rental value of £1,578 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £501,997, with a rental value of £1,398 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 Cedar House, Oakham has decreased by £11,702 (2.2%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (2.2%). The property's estimated gross yield is currently 3.3%.
Plot Size
Cedar House, Oakham occupies a 3,573 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
Cedar House, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Cedar House, Oakham last changed hands on 6th September 2024, selling for £540,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 2.8% since September 2024.
- Sold Sep 2024£540,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.6 kilometres of Cedar House, Oakham across the last 2 years.
Most recently, 28, Church Lane, Oakham, LE15 7NF, a freehold house, sold at £475,000 on the 18th October 2024.
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
Our analysis of the public data ranks Cedar House, Oakham as the 5th largest and the 2nd most expensive of the 7 addresses on Kirks Close, Greetham, Oakham, LE15.
Against the LE15 postcode district average, it is £159k more expensive than the typical property.
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Schools Nearby
- 1.9kmCottesmore Academy
- 2.8kmSt Nicholas Church of England Primary School
- 3.3kmExton and Greetham CofE Primary School
- 8.9kmCasterton College Rutland
- 9.1kmCatmose College
- 11.9kmStamford Welland Academy
More reading links
Public Transport Nearby
Oakham station is the nearest stop to Cedar House, Oakham at 8.9 kilometres away.
- 8.9kmOakham
- 12.7kmStamford (Lincs)
- 18.0kmMelton Mowbray
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.
