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Gable Cottage, Oakham is described in the public record as a period house with 1,600 ft2 of internal area, sitting on a 1,571 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Gable Cottage, Oakham is £828,146 and its rental estimate is £2,173 per month, given the available information and assuming reasonable condition.
Main Street, Teigh, Oakham, LE15 falls within the LE15 postal district.
Gable Cottage, Oakham has no records in the the Land Registry and a single entry in the EPC database dated January 2009.
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.
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 Gable Cottage, Oakham, we estimate a market value of £869,553 and a rental value of £2,282 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £770,175 and £2,021 per month respectively.
Over the last year, Gable Cottage, Oakham has seen its estimated sale value decline by £17,953 (2.2%) and its estimated rental value climb by £47 per month (2.2%). This results in an estimated gross rental yield of 3.1%.
HM Land Registry records the plot of land for Gable Cottage, Oakham as measuring 1,571 m2.
That makes it the 4th largest plot in the postcode, where 13 of the 20 other houses have recorded plot data.
Gable Cottage, Oakham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 Jan 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Over the past 2 years 3 properties similar to Gable Cottage, Oakham have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th June 2021, was 11, Cottesmore Road, Oakham, LE15 7LJ, a freehold house which sold for £690,000.
Read more about house prices in LE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on Main Street, Teigh, Oakham, LE15, Gable Cottage, Oakham comes out as the 13th largest and the 2nd most expensive in our analysis of the public data.
It is also £448k more expensive than the average property across the LE15 district.
From Gable Cottage, Oakham, the nearest station is Oakham, 7.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Gable Cottage, Oakham, 49.5% of property is privately owned outright and 19.6% 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 Gable Cottage, Oakham, 13.6% of residents are recorded as possessing school level qualifications and 33.5% 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 Gable Cottage, Oakham, the average age was 40.8 and the most common age was 27.
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 Gable Cottage, Oakham, 1.4% 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 Gable Cottage, 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.