Property profile

29 Melton Road

LE15 6AX

Oakham North East

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Map showing 29 Melton Road, Oakham

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£335,000

Detached sold in Oakham North East

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold15 Nov 2017
£170,000Change since last sale: +£167,000 (+98%)
Annualised change
+7.9% per yearRutland annualised change (detached) since 2017: +1.7% per yearThis property's value grew faster than the market
Price per sq ftLocal median £341 per sq ft
£237 per sq ftEstimate vs local median: −£104 per sq ft (−30%)
Local sold pricesMedian for detached in Oakham North East
£380,000Estimate vs local median: −£43,000 (−11%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Semi-Detached
TenureFreehold
Construction periodbefore 1900
Floor area132 m² / 1,421 sq ft
Rooms5 habitable / 5 heated
EPC ratingD
EPC inspection10 Oct 2022

Sales history

DatePriceChange
15 Nov 2017£170,000-

Local market

Property prices in Oakham North East

Median price: £249,975
Price per sq ft: £307
Sales (last 12 months): 48
Typical range (middle 50%): £185K – £323K

Based on 48 recent sales, the median property price is £249,975 (about £307 per square foot) in Oakham North East area, with individual transactions ranging from £97,500 up to £695,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Oakham North East over the last year.
TypeSalesMedian£/sq ft
Detached17£380,000£341
Semi-Detached12£239,975£314
Terraced15£190,000£269
Flats4£122,500£178

10-year price trendmedian sale price in Oakham North East

Sale price

Ten year median sale price trend for each property type in Oakham North East.
YearDetachedFlatsSemi-DetachedTerraced
2016£275,125—£200,750£172,000
2017£325,000£117,000£184,500£180,000
2018£323,500£141,790£205,000£197,500
2019£342,500£108,000£199,998£194,000
2020£324,000£210,000£197,000£199,375
2021£381,250£123,500£210,000£218,000
2022£480,000£122,500£231,250£206,750
2023£476,500£147,500£228,500£227,000
2024£435,000£157,500£245,000£242,000
2025£372,500£120,000£247,475£187,500
2026£385,000£175,000£200,000£230,000
Ten year median sale price trend for each property type in Oakham North East.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Oakham North East.
YearDetachedFlatsSemi-DetachedTerraced
2016£252—£255£215
2017£245£207£230£222
2018£266£216£220£247
2019£279£207£255£220
2020£291£233£272£220
2021£326£206£291£253
2022£317£252£250£244
2023£340£240£263£260
2024£326£276£328£248
2025£350£192£286£277
2026£345£256£315£252
Ten year median sale price per square foot trend for each property type in Oakham North East.

Price distribution by property typelast 12 months

Price distribution by property type for Oakham North East in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near LE15 6AX.

Recent sold properties in the last 18 months near LE15 6AX
DateAddressTypeTenurePriceMap
16 Jan 202638A, Melton Road, Oakham, LE15 6AYOtherFreehold£157,500
20 Mar 202618, Finkey Street, Oakham, LE15 6AGTerracedFreehold£235,000
19 Feb 202625, Finkey Street, Oakham, LE15 6AGDetachedFreehold£170,000
26 Jun 202641, Deans Street, Oakham, LE15 6AFTerracedFreehold£225,000
24 Sept 202545, Deans Street, Oakham, LE15 6AFTerracedFreehold£190,000

Other properties at this postcode

Area insights for LE15 6AX

Full area profile →

Overview

Postcode LE15 6AX is located in an urban city, within the Oakham North East area of Rutland in the East Midlands region, and forms part of the Oakham East area. It has average deprivation and high crime levels, with around 75 crimes per 1,000 residents per year, about 22% below the East Midlands average of 96 per 1,000. The average income per household in Oakham East is £59,466 per year. The median sale price in Oakham North East is £249,975 (around £307 per square foot), with typical sale prices between £185,000 and £322,500. The nearest station is Oakham, about 0.1 miles away. There are 4 primary and 1 secondary schools in the area. There are 4 parks nearby, the closest small park is Centenary Field.

Crime rate
7/10
Crimes per 1k residents
75
Deprivation level
5/10
Income level
9/10
Social housing
9.2%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

5/10

Oakham East has an average level of deprivation, ranked at position 20,166 out of 32,844 areas in England, placing it within the bottom 39% least deprived areas in England.

Crime level

7/10

Oakham East has a high crime rate, with approximately 75 reported incidents per 1,000 population each year.

Social housing

9.2%

Approximately 9.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 12.4% of dwellings are socially rented.

Income level

9/10

The average income per household in Oakham East is £59,466 per year.

Noise Level

No noise

No significant noise sources from railways or roads near LE15 6AX.

Flood risk

No risk

Oakham East near LE15 6AX has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Oakham located about 0.1 miles away. There are 1 stations nearby.

Nearby public transport stations for LE15 6AX
DistanceNameLinesDirections
0.1 mi

Oakham

N/A

Walking directions to Oakham

Parks

Nearby parks and green spaces for LE15 6AX
DistanceNameSizeDirections
0.3 miCentenary FieldSmallWalking directions to Centenary Field
0.2 miCutts Close ParkSmallWalking directions to Cutts Close Park
0.4 miRoyce Recreation GroundSmallWalking directions to Royce Recreation Ground

Area Profile

Population
129
Population density
4,121.4 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
38.39(+11%)
Shoplifting
35.39(+307%)
Anti-social behaviour
21(+24%)
Criminal damage and arson
10.2(+37%)
Public order
9.6(+39%)
East Midlands average

Demographics

Ethnic groups

British
107
82.95%
Other White
10
7.75%
Indian
5
3.88%
White and Black Caribbean (mixed)
3
2.33%
Irish
2
1.55%
Total population: 129

Economics

Education (age 16+)

Level 4+ (Degree)
52
43.7%
Level 3 (A level)
23
19.33%
Level 1 (GCSEs 3-1)
14
11.76%
No qualifications
10
8.4%
Level 2 (GCSEs 9-4)
10
8.4%
Total 16+ residents: 119

Housing

Housing tenure

Owns outright
27
35.53%
Private landlord or letting agency
24
31.58%
Owns with a mortgage
14
18.42%
Other social rented
4
5.26%
Other forms of private rent
4
5.26%
Total households: 76

Schools

In the LE15 6AX postcode area, located within Oakham East, there are 4 primary and 1 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s profile for its inspection grades and results.

Nearby schools for LE15 6AX
DistancePhaseNameTypeRatingLinks
0.2 miNot applicableOakham SchoolOther independent school
Unrated
0.2 miNot applicableBrooke Priory SchoolOther independent school
Unrated
0.3 miSecondaryCatmose CollegeAcademy converter
Outstanding

Local amenities

9 nearby supermarkets & convenience stores within 0.5 mi of LE15 6AX

Nearby supermarkets & convenience stores for LE15 6AX
DistanceNameAddressDirections
0 miLondisStation Road, Rutland, LE15 6AXWalking directions to Londis
0.1 miWest End Convenience Store28a Cold Overton Road, Oakham, LE15 6NTWalking directions to West End Convenience Store
0.2 miTesco96 South Street, Oakham, LE15 6BQWalking directions to Tesco
0.2 miMorrisons Daily30-32 High Street, Oakham, LE15 6ALWalking directions to Morrisons Daily
0.3 miThe Co-operative Food83 Braunston Road, Oakham, LE15 6LEWalking directions to The Co-operative Food