According to the public record, 9, Balmoral Road, Oakham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 990 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Balmoral Road, Oakham, LE15 is located within the LE15 postal district.
9, Balmoral Road, Oakham has 31 entries in the Land Registry database, most recently in November 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 9 Balmoral Road Oakham as £314,964 and the rental value as £1,109 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 9 Balmoral Road Oakham has increased by £3,339 (1.1%) and its rental value has increased by £42 per month (3.8%).
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 9, Balmoral Road, Oakham is in very good condition we estimate a sale value of £330,712 and rental value of £1,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,916 and a rental value of £1,031 per month.
If you were able to purchase this property for the estimated value of £314,964, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,548 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 HM Land Registry, 9, Balmoral Road, Oakham was last sold on 20 Nov 2006 for £279,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Balmoral Road, Oakham within a radius of 138m over the last 2 years.
The most recent example is 18, Balmoral Road, Oakham, LE15 6RT, a Freehold house which sold for £297,950 in Jun 2021.
Read more about house prices in LE15.
Balmoral Road, Oakham, LE15 has a total of 26 addresses. According to our analysis of all the public data, 9, Balmoral Road, Oakham is the 18th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in LE15.
The closest station to 9, Balmoral Road, Oakham 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 9, Balmoral Road, Oakham, 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 9, Balmoral Road, Oakham, 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 9, Balmoral Road, Oakham, 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 9, Balmoral Road, Oakham, 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 9, Balmoral Road, Oakham, 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.