56A South Street, Oakham, LE15 6BQ is a leasehold flat built before 1900. The property offers approximately 1,615 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have five bedrooms.

The estimated current market value of the property is £283,461 , which equates to approximately £176 per square foot. It was last sold on 3 May 2017 for £256,000. Since then, the value has increased by £27,461, representing a 10.7% increase, or approximately 1.2% per year.

The current estimated value of £283,461 is:

  • 0.0% lower than the average property price on South Street
  • 3.2% higher than the average in the LE15 6BQ postcode area
  • and 15.1% lower than the average price for Oakham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 October 2016, the property was recorded as owner-occupied.

View sold house prices in LE15 6BQ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1615 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£283,461
Price Per sq ft (estimate)
£176
Bedroom Count (estimate)
5 bedrooms

EPC Summary

56A South Street, Oakham, Rutland, LE15 6BQ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 7 Oct 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Feb 2011, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 39.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from roof room(s), insulated (assumed) to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from solid brick, as built, partial insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from average to very poor.
  • The lighting was updated from low energy lighting in 26% of fixed outlets to low energy lighting in 84% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 84% of fixed outlets
Very Good

Compared to LE15 6BQ

7 th / 21
Price Rank
3% higher than average
1 st / 12
Size Rank
72% bigger than average
12 th / 12
Price Per Sq FT Rank
40% lower than average

Compared to other properties in LE15 6BQ , this flat's estimated value ranks 7th out of 21. Based on price per square foot, it ranks 12th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 12 properties in its postcode area.

Sale History

Today
£283,461
streetscan.co.uk estimate
+11 %
3 May 2017
£256,000
Leasehold
+65.2 %
12 Apr 2013
£155,000
Leasehold
+29.2 %
6 May 2005
£120,000
Leasehold
+152.6 %
19 Sep 2000
£47,500
Leasehold
+28.6 %
14 Jul 2000
£36,950
Leasehold

Area Insights

Nearby Properties

rooms: 6
size: 1378 sq ft
sale price: £540,000
sale date: 23 Aug 2023
rooms: 6
size: 1220 sq ft
sale price: £320,000
sale date: 25 Feb 2010
rooms: 4
size: 787 sq ft
sale price: £225,000
sale date: 23 Dec 2015
rooms: 2
size: 495 sq ft
sale price: £60,000
sale date: 28 Mar 2003
rooms: 3
size: 614 sq ft
sale price: £135,000
sale date: 18 Apr 2024

Data Sources

The property at 56A South Street, Oakham, LE15 6BQ appears five times in the Land Registry records, with the latest transaction recorded on 3 May 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Oct 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.