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House Prices in LE15

The average house price in LE15 (Oakham) is £445,400 using HM Land Registry data.

The average property price increased by £57,102 (17.68%) over the last 5 years and increased by £11,416 (3.1%) over the last 12 months.

Over the last year, there were 439 residential property sales – a decrease of 107 transactions (-24.37%) relative to the previous year. The majority of house sales (125) were in the £180,000 - £278,000 range. Then came properties in the £278,000 - £376,000 range, where 112 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,803 (-3%).

In Aug 2026, there were 82 new estate agency instructions, 75 agreed home sales and 46 property price reductions.

5-Year Average Property Prices in LE15 (Oakham)

17.68%

Property prices in LE15 (Oakham) increased by 17.68% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LE15 (Oakham) Over the Last Year

3.1%

Property prices in LE15 (Oakham) increased by 3.1% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LE15 (Oakham) - Aug 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LE15 (Oakham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LE15 (Oakham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LE15 (Oakham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LE15 (Oakham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LE15 postcode area since 1995.

Recent Sales in LE15 (Oakham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Willoughby Drive, Oakham, LE15 8PZ	£645,000	£645,000	£0	16 Mar 2026	29 Jul 2026	135 Days
21 Hambleton Close, Oakham, LE15 6FY	£575,000	£570,000	-£5,000	20 Apr 2026	23 Jul 2026	94 Days
17 Chater Road, Oakham, LE15 6RY	£350,000	£340,000	-£10,000	08 Apr 2026	14 Jul 2026	97 Days
3 Church Lane, Oakham, LE15 8ED	£800,000	£785,000	-£15,000	27 Jan 2026	09 Jul 2026	163 Days
11 Kempton Drive, Oakham, LE15 7QL	£350,000	£350,000	£0	15 Sep 2025	07 Jul 2026	295 Days
11 Swann Close, Oakham, LE15 8LJ	£250,000	£240,000	-£10,000	29 Sep 2025	03 Jul 2026	277 Days
6 Kempton Drive, Oakham, LE15 7QL	£230,000	£220,000	-£10,000	20 Apr 2026	02 Jul 2026	73 Days
34c, Ayston Road, Oakham, LE15 9RL	£450,000	£430,000	-£20,000	23 Feb 2026	23 Jun 2026	120 Days
Dingle Cottage, High Street, Oakham, LE15 8QU	£275,000	£270,000	-£5,000	30 Apr 2026	23 Jun 2026	54 Days
17 Gretton Street, Oakham, LE15 7UU	£450,000	£418,000	-£32,000	20 Apr 2026	23 Jun 2026	64 Days
36 Main Street, Oakham, LE15 7NL	£500,000	£490,000	-£10,000	08 Sep 2025	19 Jun 2026	284 Days
17 Derwent Avenue, Oakham, LE15 8HS	£215,000	£210,000	-£5,000	26 Sep 2025	19 Jun 2026	266 Days
19 Livery House, Stud Road, Oakham, LE15 7TN	£130,000	£130,000	£0	09 Dec 2025	18 Jun 2026	191 Days
13 North Street West, Oakham, LE15 9SF	£350,000	£337,500	-£12,500	19 Jan 2026	16 Jun 2026	148 Days
17 Farrer Way, Oakham, LE15 7GG	£250,000	£250,000	£0	20 Apr 2026	12 Jun 2026	53 Days
3 Tabberer Close, Oakham, LE15 6FS	£340,000	£330,000	-£10,000	20 Apr 2026	12 Jun 2026	53 Days
6 Lime Tree Avenue, Oakham, LE15 9SS	£400,000	£390,000	-£10,000	15 Sep 2025	09 Jun 2026	267 Days
4 Elm Close, Oakham, LE15 6DS	£215,000	£212,000	-£3,000	21 Jan 2026	01 Jun 2026	131 Days
17 Blackwater Road, Oakham, LE15 7WF	£215,000	£215,000	£0	04 Nov 2025	22 May 2026	199 Days
17 Balmoral Road, Oakham, LE15 6RT	£349,950	£349,950	£0	25 Feb 2026	22 May 2026	86 Days

Most Expensive Streets in LE15 (Oakham)

Postcode	Street	Area	Average	No. of Sales
LE15 7ST	Home Farm Close	Oakham	£1,365,000	3
LE15 8TH	Ketton Road	Oakham	£1,279,166	3
LE15 7FH	East Court, Cour D'honneur	Oakham	£1,181,666	3
LE15 8HQ	Weston Road	Oakham	£1,179,250	4
LE15 7DW	Clatterpot Lane	Oakham	£1,174,166	3
LE15 8ST	Priory Road	Oakham	£1,130,000	3
LE15 8QQ	Stamford Road	Oakham	£1,071,666	3
LE15 8AD	Church Road	Oakham	£970,000	3
LE15 9TJ	London Road	Oakham	£962,500	4
LE15 7SJ	West Street	Oakham	£945,833	3

Least Expensive Streets in LE15 (Oakham)

Postcode	Street	Area	Average	No. of Sales
LE15 9UR	Linnet Court, Goldfinch Road	Oakham	£115,000	3
LE15 6BF	Horseshoe Court, West Road	Oakham	£115,062	4
LE15 7TN	Livery House, Stud Road	Oakham	£128,100	15
LE15 7UR	Hornbeam Crescent	Oakham	£151,666	3
LE15 9SH	Queens Road	Oakham	£153,166	3
LE15 6DB	Ladywell	Oakham	£155,071	14
LE15 6RN	The Sidings	Oakham	£157,038	22
LE15 6DD	Ladywell	Oakham	£160,066	15
LE15 6LG	Rutland Court, Braunston Road	Oakham	£174,750	4
LE15 6SS	Ribble Walk	Oakham	£179,716	9