Local market reports › LE area › LE15 › LE15 9
Cold Overton market report LE15 9, Oakham
The standing LE15 9 (Cold Overton) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 4,027 sales registered with HM Land Registry in LE15 9 (Oakham) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for LE15 9 (Oakham) is £346,000, from 41 registered sales, up 20% on five years earlier; the mean is £381,800, and by floor area homes here have averaged about £3,510 per square metre over the last five years. Behind the figures sit 4,027 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
A postcode sector like LE15 9 is a single group of streets within LE15 (Oakham), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where LE15 9 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in LE15 9
Across 41 registered 2026 sales, the typical (median) LE15 9 home went for £346,000. The mean is £381,800, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in LE15 9
Averaged across five years of sales, floor space in LE15 9 costs about £3,510 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Against a national (England and Wales) median of £285,000, LE15 9 runs 21% above it.
The price of a typical LE15 9 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £346,000 | £346,000 | 41 |
| 2025 | £367,000 | £375,776 | 121 |
| 2024 | £370,000 | £393,386 | 125 |
| 2023 | £405,000 | £444,996 | 101 |
| 2022 | £386,200 | £452,864 | 100 |
| 2021 | £288,000 | £364,645 | 140 |
| 2020 | £360,000 | £467,107 | 115 |
| 2019 | £330,000 | £432,551 | 134 |
| 2018 | £315,000 | £419,901 | 113 |
| 2017 | £280,000 | £381,892 | 113 |
| 2016 | £285,000 | £398,718 | 109 |
| 2015 | £267,500 | £377,978 | 142 |
| 2014 | £253,500 | £359,634 | 120 |
| 2013 | £230,000 | £330,947 | 101 |
| 2012 | £270,000 | £397,406 | 88 |
| 2011 | £220,000 | £332,115 | 101 |
| 2010 | £219,000 | £343,448 | 100 |
| 2009 | £217,000 | £348,829 | 107 |
| 2008 | £265,000 | £434,391 | 101 |
| 2007 | £229,200 | £388,787 | 140 |
| 2006 | £230,000 | £399,251 | 159 |
| 2005 | £215,000 | £382,613 | 173 |
| 2004 | £197,000 | £357,790 | 205 |
| 2003 | £175,000 | £322,392 | 199 |
| 2002 | £161,000 | £302,920 | 165 |
| 2001 | £125,500 | £241,267 | 158 |
| 2000 | £120,000 | £235,500 | 121 |
| 1999 | £93,500 | £186,341 | 106 |
| 1998 | £87,000 | £175,616 | 123 |
| 1997 | £85,000 | £174,318 | 154 |
| 1996 | £80,000 | £168,716 | 150 |
| 1995 | £84,000 | £182,603 | 102 |
In cash terms the typical LE15 9 home went from £84,000 in 1995 to £346,000 in 2026, roughly 4 times the price. Adjusted for inflation it still comes to a real rise of roughly 89%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2020, and today's median remains roughly 26% under it: a 2020 buyer is still waiting to get that price back in today's money.
Year-on-year change in the LE15 9 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2022 (+34.1% on the year before); the weakest, 2021 (−20.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.7% | −7.9% |
| 5 years (since 2021) | +3.7% | −1.0% |
| 10 years (since 2016) | +2.0% | −1.4% |
| 20 years (since 2006) | +2.1% | −0.7% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in LE15 9
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 41 LE15 9 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 165 sales a year before the financial crisis and 98 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What tenants pay around LE15 9
The local authority for LE15 9 is Rutland, and its ONS average private rent currently stands at £964 a month (May 2026 figures). The spread runs from £677 a month for a typical one-bed to £1,523 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Rutland
ONS Price Index of Private Rents, May 2026.
Against the £346,000 median purchase price, a rent of £964 a month (£11,568 a year) works out at a 3.3% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
How LE15 9 trades
This is a thin market: 41 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the LE15 district median, LE15 9 sits 15% higher, marking it as a dearer pocket of the district.
LE15 9 (Cold Overton): the questions that come up
How much did a house sell for in LE15 9 (Cold Overton)?
Are property prices falling in LE15 9 (Cold Overton)?
Is LE15 9 (Cold Overton) a good place to buy a house?
What happens to LE15 9 prices now?
The record answers a different question than "what happens next": the median is up 20% over five years in cash but down 5% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What you could buy in LE15 now
The live side of the market holds 259 homes at the moment, listed by 10 agents publishing to HomesIndex.
These cover the whole LE15 district, not just LE15 9: live asking prices are collected per district.
35% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
- Willoughby Drive, Empingham, Oakham, Rutland
- South Street, Baines Court South Street, LE15, Oakham
- Holyrood Close, Oakham
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every LE15 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in LE: the cost
Real sold prices by size across the LE area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £285,000 | £380,000 (+33%) | £560,000 (+47%) | £795,000 (+42%) |
| Semi-detached | £210,000 | £242,000 (+15%) | £282,000 (+17%) | £360,000 (+28%) | £500,000 (+39%) |
| Terraced | £183,000 | £205,000 (+12%) | £243,500 (+19%) | £310,000 (+27%) | £402,500 (+30%) |
| Flat | £125,000 | £152,750 (+22%) | £210,000 (+37%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the LE area is the point: the same five years treated these districts very differently.
LE area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in LE15
Sector boundaries hide real price steps. The rest of LE15, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LE15 6 | £273,500 | 66 |
| LE15 7 | £279,000 | 54 |
| LE15 8 | £450,000 | 31 |
Zoom out to the full LE15 district report for the type split, monthly volumes and how LE15 compares with its neighbours.
Selling in LE15 9? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LE15 9, open the average prices map and zoom from the LE15 9 shading down to the sold homes on your own street. Every recorded LE15 9 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim LE15 9.
Dig further
Behind the answers sits the same Land Registry record as this page, with LE15 9 already set as the subject. Free, one click sign in.
Two maps carry on from here: every LE15 9 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.