According to the public record, 35, Hectors Way, Oakham is a modern freehold house and with 789 ft2 of internal area and sits on a 293 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hectors Way, Oakham, LE15 is located within the LE15 postal district.
35, Hectors Way, Oakham has 31 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated September 2010.
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 35 Hectors Way Oakham as £253,895 and the rental value as £1,027 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 35 Hectors Way Oakham has increased by £2,847 (1.1%) and its rental value has increased by £40 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 35, Hectors Way, Oakham is in very good condition we estimate a sale value of £266,590 and rental value of £1,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,122 and a rental value of £955 per month.
If you were able to purchase this property for the estimated value of £253,895, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,248 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, 35, Hectors Way, Oakham sits on a plot of 293m2.
We have plot size data on 33 out of 41 other houses in the postcode and 35, Hectors Way, Oakham sits on the 6th largest plot.
According to HM Land Registry, 35, Hectors Way, Oakham was last sold on 25 Oct 2018 for £225,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2018, the market for similar properties has risen 25.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Hectors Way, Oakham within a radius of 256m over the last 2 years.
The most recent example is 49, Alexander Crescent, Oakham, LE15 6LA, a Freehold house which sold for £243,000 in May 2023.
Read more about house prices in LE15.
Hectors Way, Oakham, LE15 has a total of 42 addresses. According to our analysis of all the public data, 35, Hectors Way, Oakham is the 29th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in LE15.
35, Hectors Way, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2010.
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 35, Hectors Way, Oakham is Oakham station which is 800 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 35, Hectors Way, Oakham, 35.9% of property is privately owned with a mortgage and 26.9% 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 35, Hectors Way, Oakham, 20.3% of residents are recorded as possessing school level qualifications and 21.5% 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 35, Hectors Way, 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 35, Hectors Way, Oakham, 0.5% 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 35, Hectors Way, Oakham, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.