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Oakham House Prices

The average house price in Oakham is £256,250 using HM Land Registry data.

The average property price increased by £60,150 (22.2%) over the last 5 years and increased by £12,024 (3.77%) over the last 12 months.

Over the last year, there were 184 residential property sales – a decrease of 36 transactions (-19.57%) relative to the previous year. The majority of house sales (61) were in the £226,000 - £302,000 range. Then came properties in the £150,000 - £226,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,639 (-3%).

In Jul 2026, there were 34 new estate agency instructions, 34 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in Oakham

22.2%

Property prices in Oakham increased by 22.2% 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

3.77%

Property prices in Oakham increased by 3.77% 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 Oakham - Jul 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
10 Lonsdale Way, Oakham, LE15 6LR	£305,000	£295,000	-£10,000	23 Feb 2026	18 May 2026	84 Days
66 Ladywell, Oakham, LE15 6DB	£169,995	£165,000	-£4,995	26 Dec 2025	11 May 2026	136 Days
7 Penn Street, Oakham, LE15 6BB	£240,000	£230,000	-£10,000	19 Sep 2025	29 Apr 2026	222 Days
108 Brooke Road, Oakham, LE15 6HJ	£275,000	£266,500	-£8,500	25 Nov 2025	27 Apr 2026	153 Days
56 Welland Way, Oakham, LE15 6SL	£245,000	£245,000	£0	20 Apr 2026	27 Apr 2026	7 Days
9 West Road, Oakham, LE15 6LT	£225,000	£215,000	-£10,000	22 Oct 2025	24 Apr 2026	184 Days
5 Shannon Way, Oakham, LE15 6SY	£249,950	£249,950	£0	07 Aug 2025	21 Apr 2026	257 Days
4 Withers Close, Oakham, LE15 6GG	£425,000	£380,000	-£45,000	03 Jun 2025	15 Apr 2026	316 Days
3 Jubilee Court, Northgate, Oakham, LE15 6NG	£260,000	£250,000	-£10,000	10 Jul 2025	15 Apr 2026	279 Days
83 Ladywell, Oakham, LE15 6DB	£152,000	£150,000	-£2,000	02 May 2025	10 Apr 2026	343 Days
111 Stud Road, Oakham, LE15 7WA	£152,500	£150,000	-£2,500	22 May 2025	10 Apr 2026	323 Days
5a, Cold Overton Road, Oakham, LE15 6NT	£175,000	£175,000	£0	26 Jun 2025	07 Apr 2026	285 Days
19 Willow Crescent, Oakham, LE15 6EQ	£165,000	£165,000	£0	16 Aug 2025	02 Apr 2026	229 Days
14 Ladywell, Oakham, LE15 6DD	£185,000	£185,000	£0	30 Sep 2025	01 Apr 2026	183 Days
18 Tyne Road, Oakham, LE15 6SJ	£289,950	£280,000	-£9,950	01 Sep 2025	01 Apr 2026	212 Days
18 Holbrook Way, Oakham, LE15 7WL	£240,000	£235,000	-£5,000	05 Nov 2025	27 Mar 2026	142 Days
5 Graffham Drive, Oakham, LE15 6DQ	£225,000	£222,000	-£3,000	23 Jul 2025	27 Mar 2026	247 Days
70 Graffham Drive, Oakham, LE15 6DQ	£210,000	£205,000	-£5,000	02 Sep 2025	25 Mar 2026	204 Days
9 Mistley Close, Oakham, LE15 7WH	£225,000	£218,000	-£7,000	17 Apr 2025	18 Mar 2026	335 Days
40 Racecourse Road, Oakham, LE15 7TF	£235,000	£232,500	-£2,500	17 Apr 2025	16 Mar 2026	333 Days

Most Expensive Streets in Oakham

Postcode	Street	Area	Average	No. of Sales
LE15 6JA	Stamford Road	Oakham	£919,166	6
LE15 6HN	Catmose Park Road	Oakham	£832,499	3
LE15 6JD	Uppingham Road	Oakham	£750,000	3
LE15 6EP	Lodge Gardens	Oakham	£747,500	3
LE15 6GF	Tolethorpe Close	Oakham	£702,500	6
LE15 6EG	Vicarage Road	Oakham	£648,928	7
LE15 6EB	Peterborough Avenue	Oakham	£646,840	5
LE15 6EW	St Alban's Close	Oakham	£630,833	3
LE15 6RG	Barmstedt Drive	Oakham	£609,999	5
LE15 6FY	Hambleton Close	Oakham	£590,000	3

Least Expensive Streets in Oakham

Postcode	Street	Area	Average	No. of Sales
LE15 6BF	Horseshoe Court	West Road	£115,062	4
LE15 7TN	Livery House	Stud Road	£127,964	14
LE15 6DB	Ladywell	Oakham	£155,071	14
LE15 6DD	Ladywell	Oakham	£160,066	15
LE15 6RN	The Sidings	Oakham	£160,917	20
LE15 6QU	Station Road	Oakham	£169,300	5
LE15 6LG	Rutland Court	Braunston Road	£174,750	4
LE15 6SS	Ribble Walk	Oakham	£178,245	10
LE15 6QR	Northgate	Oakham	£180,000	4
LE15 6PL	Snowdon Avenue	Oakham	£180,250	6