According to the public record, 56, Coleridge Way, Oakham is a modern freehold house with 785 ft2 of internal area and sits on a 95 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Coleridge Way, Oakham, LE15 is located within the LE15 postal district.
56, Coleridge Way, Oakham has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated June 2022.
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 56 Coleridge Way Oakham as £232,102 and the rental value as £998 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 56 Coleridge Way Oakham has increased by £2,785 (1.2%) and its rental value has increased by £38 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 56, Coleridge Way, Oakham is in very good condition we estimate a sale value of £243,707 and rental value of £1,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,855 and a rental value of £928 per month.
If you were able to purchase this property for the estimated value of £232,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,141 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, 56, Coleridge Way, Oakham sits on a plot of 95m2.
We have plot size data on 38 out of 39 other houses in the postcode and 56, Coleridge Way, Oakham sits on the 22nd largest plot.
According to HM Land Registry, 56, Coleridge Way, Oakham was last sold on 30 May 2014 for £163,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 58.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Coleridge Way, Oakham within a radius of 630 metres over the last 2 years.
The most recent example is 10, Huntsmans Drive, Oakham, LE15 6RP, a Freehold house which sold for £235,000 in Dec 2023.
Read more about house prices in LE15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coleridge Way, Oakham, LE15 has a total of 62 addresses. According to our analysis of all the public data, 56, Coleridge Way, Oakham is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in LE15.
56, Coleridge Way, Oakham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2022.
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 56, Coleridge Way, Oakham is Oakham station which is 500 metres 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 56, Coleridge Way, Oakham, 57.4% of property is privately owned outright and 30.9% 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 56, Coleridge Way, Oakham, 16.6% of residents are recorded as possessing school level qualifications and 46.0% 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 56, Coleridge 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 56, Coleridge Way, Oakham, 1.9% 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 56, Coleridge Way, 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.