Oakham House Prices Oakham House Prices

The average house price in Oakham is £472,250 using HM Land Registry data.

The average property price increased by £60,118 (22.09%) over the last 5 years and increased by £12,019 (3.75%) over the last 12 months.

Over the last year, there were 185 residential property sales – a decrease of 34 transactions (-18.38%) relative to the previous year. The majority of house sales (63) were in the £230,000 - £310,000 range. Then came properties in the £150,000 - £230,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 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 30 new estate agency instructions, 22 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in Oakham

22.09%

Property prices in Oakham increased by 22.09% 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 Oakham Over the Last Year

3.75%

Property prices in Oakham increased by 3.75% 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.

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).

Property Market Heat Gauge for 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 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 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 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 Oakham since 1995

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

Recent Property Sales in Oakham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Hambleton Close, Oakham, LE15 6FY£575,000£570,000-£5,00020 Apr 202623 Jul 202694 Days
17 Chater Road, Oakham, LE15 6RY£350,000£340,000-£10,00008 Apr 202614 Jul 202697 Days
17 Gretton Street, Oakham, LE15 7UU£450,000£418,000-£32,00020 Apr 202623 Jun 202664 Days
19 Livery House, Stud Road, Oakham, LE15 7TN£130,000£130,000£009 Dec 202518 Jun 2026191 Days
17 Farrer Way, Oakham, LE15 7GG£250,000£250,000£020 Apr 202612 Jun 202653 Days
3 Tabberer Close, Oakham, LE15 6FS£340,000£330,000-£10,00020 Apr 202612 Jun 202653 Days
4 Elm Close, Oakham, LE15 6DS£215,000£212,000-£3,00021 Jan 202601 Jun 2026131 Days
17 Blackwater Road, Oakham, LE15 7WF£215,000£215,000£004 Nov 202522 May 2026199 Days
17 Balmoral Road, Oakham, LE15 6RT£349,950£349,950£025 Feb 202622 May 202686 Days
22 Nightingale Way, Oakham, LE15 6ES£220,000£220,000£030 Mar 202622 May 202653 Days
10 Lonsdale Way, Oakham, LE15 6LR£305,000£295,000-£10,00023 Feb 202618 May 202684 Days
66 Ladywell, Oakham, LE15 6DB£169,995£165,000-£4,99526 Dec 202511 May 2026136 Days
7 Penn Street, Oakham, LE15 6BB£240,000£230,000-£10,00019 Sep 202529 Apr 2026222 Days
108 Brooke Road, Oakham, LE15 6HJ£275,000£266,500-£8,50025 Nov 202527 Apr 2026153 Days
56 Welland Way, Oakham, LE15 6SL£245,000£245,000£020 Apr 202627 Apr 20267 Days
9 West Road, Oakham, LE15 6LT£225,000£215,000-£10,00022 Oct 202524 Apr 2026184 Days
5 Shannon Way, Oakham, LE15 6SY£249,950£249,950£007 Aug 202521 Apr 2026257 Days
4 Withers Close, Oakham, LE15 6GG£425,000£380,000-£45,00003 Jun 202515 Apr 2026316 Days
3 Jubilee Court, Northgate, Oakham, LE15 6NG£260,000£250,000-£10,00010 Jul 202515 Apr 2026279 Days
83 Ladywell, Oakham, LE15 6DB£152,000£150,000-£2,00002 May 202510 Apr 2026343 Days

Most Expensive Streets in Oakham

PostcodeStreetAreaAverageNo. of Sales
LE15 6JAStamford RoadOakham£919,1666
LE15 6HNCatmose Park RoadOakham£821,8744
LE15 6JDUppingham RoadOakham£750,0003
LE15 6GFTolethorpe CloseOakham£702,5006
LE15 6EGVicarage RoadOakham£648,9287
LE15 6EBPeterborough AvenueOakham£646,8405
LE15 6EWSt Alban's CloseOakham£630,8333
LE15 6RGBarmstedt DriveOakham£609,9995
LE15 6FYHambleton CloseOakham£585,0004
LE15 6BXPartridge WayOakham£553,7504

Least Expensive Streets in Oakham

PostcodeStreetAreaAverageNo. of Sales
LE15 6BFHorseshoe CourtWest Road£115,0624
LE15 7TNLivery HouseStud Road£128,10015
LE15 6DBLadywellOakham£155,07114
LE15 6RNThe SidingsOakham£157,03822
LE15 6DDLadywellOakham£160,06615
LE15 6LGRutland CourtBraunston Road£174,7504
LE15 6SSRibble WalkOakham£179,7169
LE15 6QRNorthgateOakham£180,0004
LE15 6PLSnowdon AvenueOakham£180,3005
LE15 6RPHuntsmans DriveOakham£180,65516

Explore Oakham and Neighbouring Area House Prices

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