Values have been changing and have risen £632 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,244 in last 6 months, £12,151 in last 1 year, £21,152 in last 2 years, £20,277 in last 3 years, £21,118 in last 4 years and £19,252 in last 5 years.
Currently average asking price of a property in Penn Street, Oakham, LE15 is around £318,967 based on approximately 1 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 Penn Street, Oakham, LE15 is £196,912. Average asking price is £318,967 while average price paid is £125,000 which is up by £12,151 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 Penn Street, Oakham, LE15 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Penn Street, Oakham, LE15 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £142,498. 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 £146,041 for 12 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £149,182 per sale.