1 Banff Close

    1, BANFF CLOSE, OAKHAM, LE15 6JJ

    This detached freehold property on Banff Close last sold in February 2024 for £574,000. Based on price growth in the LE15 district since then, its estimated current value is £576,286 — placing it in the 84th percentile nationally and the 79th percentile within LE15. The property covers 130 m² (1,399 sq ft), giving an estimated value of £4,433 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,399 sq ft

    130 m²

    Last Sale Price

    £574,000

    Feb 2024

    Estimated Valuation

    £576,286

    Est. £/sq ft

    £412/sq ft

    £4,433/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,399 sq ft (130 m²)
    EPC dateMay 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2024

    £574,000

    Key Metrics

    Estimated valuation£576,286
    Value per sq ft / m²£412/sq ft (£4,433/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE15 district percentile79th percentile
    National percentile84th percentile

    District Context — LE15

    LE15 covers the market town of Oakham and surrounding villages in Rutland, in the East Midlands. It is a well-established residential area with a solid reputation for schools and community amenities.

    Average Property Price - LE15

    £411,171

    69

    National percentile

    Average Net Household Income - LE15

    £48,556

    85

    National percentile

    10-Year Annualised Price Growth - LE15

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE15

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