Average Price for property in Oakham is around £320,721 which varies based on type of property you are interested in and ranges from £416,279 for detached house to around £235,956 for semi-detached. Similarly terraced house is around £196,437 and a flat is worth £156,532. Values have been changing and have risen £970 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,545 in last 6 months, £21,282 in last 1 year, £38,714 in last 2 years, £25,466 in last 3 years, £36,393 in last 4 years and £36,338 in last 5 years.
Currently average asking price of a property in Oakham is around £319,732 based on approximately 528 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £716 per month.
Estimated property value in Oakham is £320,721. Average asking price is £319,732 while average price paid is £262,878 which is up by £21,282 and Avg. asking rent £716.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Oakham area. In last 1 year alone average price buyer paid is around £262,878 based on approximately 528 sales in Oakham area alone. If you compare it to last 3 years sales of 1,493 properties where buyers paid around £261,471. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £259,498 for 2,330 and average amount paid for purchase of approx. 3,096 properties sold in last 7 years comes to about £259,259 per sale.