Flat, Water Tower
Flat, Water Tower
Description & Estimates
Flat, Water Tower, Oakham is described in the public record as a modern apartment with 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat, Water Tower, Oakham is £180,977 and its rental estimate is £631 per month, given the available information and assuming reasonable condition.
Wing Road, Manton, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
Flat, Water Tower, Oakham has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
We combine this information with public data 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 Flat, Water Tower, Oakham, we estimate a market value of £190,026 and a rental value of £662 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,309 and £587 per month respectively.
Recent Market Change
Over the last year, Flat, Water Tower, Oakham has seen its estimated sale value drop by £1,557 (0.9%) and its estimated rental value rise by £25 per month (4.0%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
Flat, Water Tower, Oakham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Dec 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat, Water Tower, Oakham have sold within a radius of 4.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th February 2025, was 6C, Tods Terrace, Oakham, LE15 9SL, a leasehold flat which sold for £242,500.
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 10 addresses on Wing Road, Manton, Oakham, LE15, Flat, Water Tower, Oakham comes out as the 8th largest and the 10th most expensive in our analysis of the public data.
It is also £199k less expensive than the average property across the LE15 district.
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Schools Nearby
- 4.3kmEdith Weston Academy
- 4.4kmBrooke Hill Academy
- 4.5kmUppingham Church of England Primary School
- 5.6kmUppingham Community College
- 5.6kmCatmose College
- 13.2kmCasterton College Rutland
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Public Transport Nearby
From Flat, Water Tower, Oakham, the nearest station is Oakham, 5.4 kilometres away.
- 5.4kmOakham
- 14.9kmStamford (Lincs)
- 15.6kmCorby
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.
