The Old School, Oakham
The Old School, Oakham
Description & Estimates
The Old School, Oakham appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,978 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Old School, Oakham is £659,460 and its rental estimate is £1,747 per month, given the available information and assuming reasonable condition.
Oakham Road, Exton, Oakham, LE15 falls within the LE15 postal district.
Our Data Sources
The Old School, Oakham has a single entry in the Land Registry from January 2023 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 2 out of 5 and is considered of medium 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 The Old School, Oakham, we estimate a market value of £692,433 and a rental value of £1,834 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £613,298 and £1,625 per month respectively.
Recent Market Change
Over the last year, The Old School, Oakham has seen its estimated sale value decline by £17,772 (2.7%) and its estimated rental value climb by £24 per month (1.4%). This results in an estimated gross rental yield of 3.2%.
Sold Prices
The most recent sale of The Old School, Oakham completed on 30th January 2023 at £932,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 22.9% over the period since January 2023.
- Sold Jan 2023£932,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Old School, Oakham have sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd September 2022, was 15, Top Street, Oakham, LE15 8BB, a freehold house which sold for £625,000.
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 11 addresses on Oakham Road, Exton, Oakham, LE15, The Old School, Oakham comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £279k more expensive than the average property across the LE15 district.
More reading links
Schools Nearby
- 600mExton and Greetham CofE Primary School
- 3.6kmSt Nicholas Church of England Primary School
- 3.9kmEmpingham Church of England Primary School
- 7.2kmCatmose College
- 8.1kmCasterton College Rutland
- 10.9kmStamford Welland Academy
More reading links
Public Transport Nearby
From The Old School, Oakham, the nearest station is Oakham, 6.9 kilometres away.
- 6.9kmOakham
- 11.4kmStamford (Lincs)
- 18.7kmMelton Mowbray
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.
