According to the public record, 8, Coleridge Way, Oakham is a modern house with 753 ft2 of internal area and sits on a 1,269 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.
8, Coleridge Way, Oakham has no records in the Land Registry database and a single entry in the EPC database dated June 2012.
We combine this information with public data 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 8 Coleridge Way Oakham as £222,687 and the rental value as £965 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Coleridge Way Oakham has increased by £2,672 (1.2%) and its rental value has increased by £37 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 8, Coleridge Way, Oakham is in very good condition we estimate a sale value of £233,821 and rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,099 and a rental value of £897 per month.
If you were able to purchase this property for the estimated value of £222,687, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,094 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, 8, Coleridge Way, Oakham sits on a plot of 1269m2.
We have plot size data on 38 out of 39 other houses in the postcode and 8, Coleridge Way, Oakham sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Coleridge Way, Oakham within a radius of 610 metres over the last 2 years.
The most recent example is 30, Coleridge Way, Oakham, LE15 6GA, a Freehold house which sold for £172,000 in Dec 2019.
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, 8, Coleridge Way, Oakham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in LE15.
8, Coleridge Way, Oakham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jun 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, 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 8, 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 8, 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 8, 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 8, 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 8, 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.