Flat 1, The Maltings
Flat 1, The Maltings
Description & Estimates
Flat 1, The Maltings, Oakham appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 765 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, The Maltings, Oakham is £165,179 and its rental estimate is £638 per month, given the available information and assuming reasonable condition.
The Maltings, Mill Street is a residential building on Mill Street, Oakham, LE15 and falls within the LE15 postal district.
Our Data Sources
Flat 1, The Maltings, Oakham has 51 entries in the Land Registry , most recently in July 2024 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 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 Flat 1, The Maltings, Oakham, we estimate a market value of £173,438 and a rental value of £670 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £153,616 and £593 per month respectively.
Recent Market Change
Over the last year, Flat 1, The Maltings, Oakham has seen its estimated sale value drop by £1,421 (0.9%) and its estimated rental value rise by £26 per month (4.0%). This results in an estimated gross rental yield of 4.6%.
Sold Prices
The most recent sale of Flat 1, The Maltings, Oakham completed on 3rd July 2024 at £192,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 11.3% over the period since July 2024.
- Sold Jul 2024£192,500
- Sold Dec 2002£71,000
- Sold Sep 2000£54,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, The Maltings, Oakham have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd September 2024, was 4 Lodge Stables, Burley Road, Oakham, LE15 6DH, a leasehold flat which sold for £190,000.
Read more about house prices in LE15.
- Sold Sep 2024£190,000 | 2 Bed Flat4 Lodge Stables, Burley Road, Oakham, LE15 6DH4 Lodge Stables, Burley Road, Oakham, LE15 6DH
- Sold Feb 2024£210,000 | 2 Bed Flat1 Lodge Stables, Burley Road, Oakham, LE15 6DH1 Lodge Stables, Burley Road, Oakham, LE15 6DH
- Sold Feb 2020£145,000 | 2 Bed Flat14 Lodge Stables, Burley Road, Oakham, LE15 6DH14 Lodge Stables, Burley Road, Oakham, LE15 6DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 19 addresses on Mill Street, Oakham, LE15, Flat 1, The Maltings, Oakham comes out as the 14th largest and the 13th most expensive in our analysis of the public data.
It is also £215k less expensive than the average property across the LE15 district.
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Schools Nearby
- 500mEnglish Martyrs' Catholic Voluntary Academy
- 600mOakham CofE Primary School
- 900mCatmose Primary
- 900mCatmose College
- 9.9kmUppingham Community College
- 14.1kmCasterton College Rutland
More reading links
Public Transport Nearby
From Flat 1, The Maltings, Oakham, the nearest station is Oakham, 600 metres away.
- 600mOakham
- 14.8kmMelton Mowbray
- 16.8kmStamford (Lincs)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
