According to the public record, 16, Westfield Avenue, Oakham is a mid-century freehold house and with 947 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Westfield Avenue, Oakham, LE15 is located within the LE15 postal district.
16, Westfield Avenue, Oakham has a single entry in the Land Registry database from May 2011 and 2 entries in the EPC database, most recently in January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Westfield Avenue Oakham as £226,472 and the rental value as £939 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 16 Westfield Avenue Oakham has increased by £2,718 (1.2%) and its rental value has increased by £36 per month (3.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Westfield Avenue, Oakham is in very good condition we estimate a sale value of £237,796 and rental value of £985 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,619 and a rental value of £873 per month.
If you were able to purchase this property for the estimated value of £226,472, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,113 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 16, Westfield Avenue, Oakham sits on a plot of 218m2.
We have plot size data on 17 out of 33 other houses in the postcode and 16, Westfield Avenue, Oakham sits on the 15th largest plot.
According to HM Land Registry, 16, Westfield Avenue, Oakham was last sold on 18 May 2011 for £132,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 74.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Westfield Avenue, Oakham within a radius of 149m over the last 2 years.
The most recent example is 14, Westfield Avenue, Oakham, LE15 6PN, a Freehold house which sold for £250,000 in Sep 2022.
Read more about house prices in LE15.
Westfield Avenue, Oakham, LE15 has a total of 33 addresses. According to our analysis of all the public data, 16, Westfield Avenue, Oakham is the 14th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in LE15.
16, Westfield Avenue, Oakham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Westfield Avenue, Oakham is Oakham station which is 400 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 16, Westfield Avenue, Oakham, 30.5% of property is privately owned with a mortgage and 30.1% is privately owned outright.
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 16, Westfield Avenue, Oakham, 19.8% of residents are recorded as possessing school level qualifications and 28.5% 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 16, Westfield Avenue, Oakham, the average age was 43.6 and the most common age was 52.
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 16, Westfield Avenue, Oakham, 0.7% 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 16, Westfield Avenue, Oakham, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.