Station Road, Oakham
NE

Station Road, Oakham

By Newton Fallowell

£ 170,000

Reviews

3 out of 5 stars

Newton Fallowell says ..

Located on the historic Station Road in the heart of Oakham, within a stone's throw from the train station and the high street is this period two-bedroom mid-terrace property. The property offers two double bedrooms, one reception room, a utility area, and an enclosed rear courtyard garden. Th...

Property Oracle says ..

This property is a two-bedroom terraced house located on Station Road in Oakham, Rutland. The location is convenient, being close to Oakham train station and several schools, including Brooke Priory School and Oakham School. While the property itself is smaller than the average for the area at 627 sqft compared to the average of 976 sqft, it benefits from a small rear garden. The list price of £170,000 is significantly lower than the average house price in the area (£313,524), and also lower than the average price per sqft (£321). However, the property appears to be in need of some modernisation and updating, which is reflected in the lower price. Nearby properties on Station Road range in price from £123,000 to £366,500, with the average price being significantly higher than the list price of this property. This suggests that the list price may represent good value for money, considering the need for renovations.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
627.00
Lot (est)
527.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
260,000.00 £
Decreased by 10.40 %
from 290,190.00 £
Est sale value
206,910.00 £
Decreased by 5.71 %
from 219,450.00 £
Average area rental value
1,450.00 £/mo
Increased by 34.63 %
from 1,077.00 £/mo
Est letting value
627.00 £/mo
Unchanged by 0.00 %
from 627.00 £/mo
Est rental Yield
6.69 %
Increased by 50.34 %
from 4.45 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Brooke Priory SchoolOther Independent School0.22 KM
Oakham SchoolOther Independent School0.35 KM
The Parks SchoolCommunity Special SchoolOutstanding0.76 KM
The Shires At OakhamOther Independent Special SchoolOutstanding0.82 KM
Visions At OakhamChildren's Centre0.86 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Barlow Road £ 000.00 KM
Market Place £ 000.00 KM
Park Lane £ 000.00 KM
College Close £ 000.00 KM
Griffiths Close £ 350,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Oakham1904OKM0.37 KM

Nearby Listings

AddressPriceTypeScoreDistance
Station Road, Oakham £ 170,000BUY6 / 100.00 KM
Northgate, Oakham, Rutland £ 500,000BUY6 / 100.09 KM
Northgate, Oakham, Rutland £ 825,000BUY8 / 100.10 KM
Jubilee Court, Oakham £ 269,995BUY7 / 100.11 KM
Jubilee Court, Northgate, Oakham, Rutland £ 239,950BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
91 Station Road £ 250,0000.01 KM
57 Station Road £ 123,0000.02 KM
81 Station Road £ 366,5000.02 KM
75 Station Road £ 625,0000.02 KM
93 Station Road £ 156,5000.02 KM