Postcode LE15 7BE 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 4.8 miles away. There are 2 primary and no secondary schools in the area.
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.
Market Overton, Cottesmore & Empingham has a very low crime rate, with approximately 20 reported incidents per 1,000 population each year.
Approximately 11.2% 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.
The average income per household in Market Overton, Cottesmore & Empingham is £68,567 per year.
No significant noise sources from railways or roads near LE15 7BE.
Market Overton, Cottesmore & Empingham near LE15 7BE has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.
The nearest station is Oakham located about 4.8 miles away. There are no other stations nearby.
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.
| Type | Sales | Median | £/sq ft |
|---|---|---|---|
| Detached | 17 | £350,000 | £301 |
| Semi-Detached | 6 | £302,000 | £289 |
| Terraced | 2 | £235,750 | £307 |
Sale price
| Year | Detached | Semi-Detached | Terraced |
|---|---|---|---|
| 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 |
Price per sq ft
| Year | Detached | Semi-Detached | Terraced |
|---|---|---|---|
| 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 |
There were 1 recent sold properties in the last 18 months near LE15 7BE.
| Date | Address | Type | Tenure | Price | Map |
|---|---|---|---|---|---|
| 24 Apr 2026 | 8, Harrier Close, Oakham, LE15 7BT | Detached | Freehold | £365,000 |
In the LE15 7BE 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.
| Distance | Phase | Name | Type | Rating | Links |
|---|---|---|---|---|---|
| 0.1 mi | Primary | Cottesmore Academy | Academy sponsor led | Good Ofsted rating. Inspected 24 May 2022. | |
| 0.8 mi | Primary | St Nicholas Church of England Primary School | Academy converter | Good Ofsted rating. Inspected 19 Feb 2013. |
2 nearby supermarkets & convenience stores within 0.5 mi of LE15 7BE
| Distance | Name | Address | Directions |
|---|---|---|---|
| 0.1 mi | Spar | Blankney Road, Rutland, LE15 7AG | Walking directions to Spar |
| 0.3 mi | Kendrew Barracks Headquarters | Cottesmore Road, Rutland, LE15 7BA | Walking directions to Kendrew Barracks Headquarters |
Annual council tax rates for Rutland district.
Council tax bands are based on the value of your property. Most homes fall into bands A to D.
Elected local representatives for LE15 7BE, including ward councillors and the local member of parliament.
Abigail Grace MacCartney
Cottesmore - Elected 4 May 2023
Samantha Jane Harvey
Cottesmore - Elected 4 May 2023
Alicia Kearns
Rutland and Stamford - Elected 4 Jul 2024
The area around LE15 7BE records about 20 crimes per 1,000 residents per year, which is a very low crime rate for England: it scores 1 out of 10 on the Area360 crime scale, where 10 is the highest crime level. Across East Midlands as a whole the rate is about 96 per 1,000. The most common offences locally are violence and sexual offences, vehicle crime and other theft.
The median sale price around LE15 7BE in Cottesmore is £340,540 (about £301 per square foot) based on 25 registered sales according to HM Land Registry data.
There are 2 schools close to LE15 7BE, including Cottesmore Academy (Good) and St Nicholas Church of England Primary School (Good). Ratings are official Ofsted judgements or Area360 summaries of the latest available inspection grades.
LE15 7BE scores 3 out of 10 on the deprivation scale, where 10 is the most deprived. Its neighbourhood ranks 25,929 of 32,844 in England on the official Index of Multiple Deprivation (rank 1 is the most deprived).
The Member of Parliament for Rutland and Stamford covering LE15 7BE is Alicia Kearns (Conservative and Unionist Party), elected at the 2024 general election. The area is represented by 2 local councillors: Abigail Grace MacCartney (Liberal Democrats) and Samantha Jane Harvey (Independent).