LE15 6RT is a residential postcode located on Balmoral Road, Oakham, LE15. It is the 842nd largest postcode in the LE15 area.
It contains 26 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £309,358. Sales values have increased in the last 12 months by 1.1% and Rental values have increased by 3.8%.
Property sale values range from £236,280 for a freehold house, with 2 bedrooms split across 678 square feet of gross internal area and has a garden to £389,007 for a freehold house, with 4 bedrooms split across 1,615 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LE15 6RT is £292/ft2.
Properties achieve a rental yield of between 3.9% and 4.8%, and rental values range from £945 to £1,273 per month.
The last sale was 24 Feb 2023 for £250,000 and since then the market in the area as increased by 0.9%. The postcode has had a total of 4 sales since 1995.
LE15 6RT has seen 4 sales in the last three years and no sales in the last twelve months.
LE15 6RT is the 842nd largest and the 390th most expensive postcode out of the 1,051 postcodes in the LE15 area.
LE15 6RT is a residential postcode located on Balmoral Road, Oakham, LE15 with 26 houses within its bounds.
The most common property type in LE15 6RT is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to LE15 6RT is Oakham station which is 700 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LE15 6RT, 63.5% of property is privately owned outright and 24.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 LE15 6RT, 12.1% of residents are recorded as possessing school level qualifications and 44.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around LE15 6RT, the average age was 46.4 and the most common age was 17.
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 LE15 6RT, 0.0% 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 LE15 6RT, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.