Property profile

7 Nether Close

Map showing 7, Nether Close, Oakham

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£225,000

Terraced sold in Cottesmore

The box shows the middle 50% of terraced 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 sold06 Oct 2023
£210,000Change since last sale: +£17,000 (+8.0%)
Annualised change
+2.5% per yearRutland annualised change (terraced) since 2023: −5.7% per yearThis property outperformed the market
Price per sq ftLocal median £307 per sq ft
£263 per sq ftEstimate vs local median: −£44 per sq ft (−14%)
Local sold pricesMedian for terraced in Cottesmore
£235,750Estimate vs local median: −£9,000 (−3.8%)
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 / End-Terrace
TenureFreehold
Construction period1967-1975
Floor area80 m² / 861 sq ft
Rooms5 habitable / 1 heated
EPC ratingD
EPC inspection04 Jul 2026

Sales history

DatePriceChange
06 Oct 2023£210,000-

Local market

Property prices in Cottesmore

Median price: £340,540
Price per sq ft: £301
Sales (last 12 months): 25
Typical range (middle 50%): £300K – £450K

Based on 25 recent sales, the median property price is £340,540 (about £301 per square foot) in Cottesmore area, with individual transactions ranging from £139,475 up to £657,500.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Cottesmore over the last year.
TypeSalesMedian£/sq ft
Detached17£350,000£301
Semi-Detached6£302,000£289
Terraced2£235,750£307

10-year price trendmedian sale price in Cottesmore

Sale price

Ten year median sale price trend for each property type in Cottesmore.
YearDetachedSemi-DetachedTerraced
2016£291,944—£247,500
2017£300,000£189,000£210,000
2018£263,500£225,000£173,500
2019£285,000£217,500£350,000
2020£390,000£189,000£198,000
2021£370,000£230,000£215,000
2022£390,051£310,000£318,500
2023£383,500£322,500£225,000
2024£342,500£335,000£217,750
2025£450,000£267,000£428,250
2026£342,500£295,000£230,000
Ten year median sale price trend for each property type in Cottesmore.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Cottesmore.
YearDetachedSemi-DetachedTerraced
2016£269—£270
2017£240£244£226
2018£245£213£192
2019£252£222£234
2020£263£258£222
2021£287£284£266
2022£298£307£302
2023£296£326£303
2024£265£280£283
2025£301£336£340
2026£306£289£274
Ten year median sale price per square foot trend for each property type in Cottesmore.

Price distribution by property typelast 12 months

Price distribution by property type for Cottesmore in the last year.

Recent sales

There were 15 recent sold properties in the last 18 months near LE15 7DN.

Recent sold properties in the last 18 months near LE15 7DN
DateAddressTypeTenurePriceMap
12 Feb 202611, Nether Close, Oakham, LE15 7DNSemi-DetachedFreehold£235,000
27 Mar 20267, Heath Drive, Oakham, LE15 7DFSemi-DetachedFreehold£355,000
17 Mar 202614, Heath Drive, Oakham, LE15 7DFDetachedFreehold£250,000
09 Mar 202620, Heath Drive, Oakham, LE15 7DFDetachedFreehold£330,000
29 Jul 20259, Heath Drive, Oakham, LE15 7DFDetachedFreehold£440,000

Other properties at this postcode

Area insights for LE15 7DN

Full area profile →

Overview

Postcode LE15 7DN is located in a rural village, within the Cottesmore area of Rutland in the East Midlands region, and forms part of the Market Overton, Cottesmore & Empingham area. It has low deprivation and very low crime levels, with around 20 crimes per 1,000 residents per year, about 79% below the East Midlands average of 96 per 1,000. The average income per household in Market Overton, Cottesmore & Empingham is £68,567 per year. The median sale price in Cottesmore is £340,540 (around £301 per square foot), with typical sale prices between £300,000 and £450,000. The nearest station is Oakham, about 4.2 miles away. There are 2 primary and no secondary schools in the area.

Crime rate
1/10
Crimes per 1k residents
20
Deprivation level
3/10
Income level
10/10
Social housing
10.5%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

3/10

Market Overton, Cottesmore & Empingham has a low level of deprivation, ranked at position 25,929 out of 32,844 areas in England, placing it within the bottom 21% least deprived areas in England.

Crime level

1/10

Market Overton, Cottesmore & Empingham has a very low crime rate, with approximately 20 reported incidents per 1,000 population each year.

Social housing

10.5%

Approximately 10.5% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 8.8% of dwellings are socially rented.

Income level

10/10

The average income per household in Market Overton, Cottesmore & Empingham is £68,567 per year.

Noise Level

No noise

No significant noise sources from railways or roads near LE15 7DN.

Flood risk

No risk

Market Overton, Cottesmore & Empingham near LE15 7DN 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 4.2 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
269
Population density
4,657.5 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
11.51(-67%)
Vehicle crime
1.64(-60%)
Other theft
1.64(-71%)
Burglary
1.37(-59%)
Other crime
1.1(-53%)
East Midlands average

Demographics

Ethnic groups

British
265
97.43%
Other White
5
1.84%
Other Asian
1
0.37%
Other Mixed or Multiple ethnic groups
1
0.37%
Total population: 272

Economics

Education (age 16+)

Level 4+ (Degree)
66
29.6%
Level 3 (A level)
50
22.42%
No qualifications
37
16.59%
Level 2 (GCSEs 9-4)
32
14.35%
Level 1 (GCSEs 3-1)
17
7.62%
Total 16+ residents: 223

Housing

Housing tenure

Owns outright
50
43.86%
Owns with a mortgage
36
31.58%
Private landlord or letting agency
13
11.4%
Social rents from council
6
5.26%
Other social rented
6
5.26%
Total households: 114

Schools

In the LE15 7DN postcode area, located within Market Overton, Cottesmore & Empingham, there are 2 primary and 0 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 7DN
DistancePhaseNameTypeRatingLinks
0.3 miPrimarySt Nicholas Church of England Primary SchoolAcademy converter
Good
0.7 miPrimaryCottesmore AcademyAcademy sponsor led
Good

Local amenities

1 nearby supermarkets & convenience stores within 0.5 mi of LE15 7DN

Nearby supermarkets & convenience stores for LE15 7DN
DistanceNameAddressDirections
0.3 miCottesmore Post Office and General Stores36 Main Street, Oakham, LE15 7DJWalking directions to Cottesmore Post Office and General Stores