That is the middle of 677 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 5.1 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
677 homes sold in three years: 300 detached houses, 145 semi-detached houses, 163 terraced houses and 69 flats and maisonettes. A detached house sells for 2.6 times what a flat does.
Detached houses£410K
median sale · 300 sold in 3 years
Middle half
£345K–£540K
Last 12 months
£385K86 sold
New build
£420K
Semi-detached houses£260K
median sale · 145 sold in 3 years
Middle half
£226K–£285K
Last 12 months
£250K36 sold
New build
£296K
Terraced houses£225K
median sale · 163 sold in 3 years
Middle half
£193K–£270K
Last 12 months
£221K58 sold
New build
£287K
Flats and maisonettes£158K
median sale · 69 sold in 3 years
Middle half
£125K–£209K
Last 12 months
£137K17 sold
The mix
Mostly detached: 44% of homes sold stand on their own plot
Detached houses44%
Semi-detached houses21%
Terraced houses24%
Flats and maisonettes10%
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Price range
Half of Oakham’s homes sold for between £223K and £400K
One sale in ten was under £163K and one in ten over £565K. 34% sold for under £250K.
Sales by price · Sep 2023 to Aug 2026
The median, £290,000, sits in the £250–300K band
677 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
Since 1995
The typical home costs 5.1 times as much as in 1995, in step with England
Land Registry has recorded every sale since 1995. The median went from £54,500 in 1995 to £280,000 in the last 12 months (£235,000 in 2019).
31 years of sales
Fewer homes sell than in most years
197 sales in the last 12 months, against 389 in 1999, the busiest year, and 156 in 2011. Sales fell by 29% from 2007 to 2009 in the financial crisis, and the median by 11%. 2021, the stamp duty holiday, saw 40% more sales than 2020.
Homes soldMedian sale price
Against England
Oakham costs about what England does
Median sale price each calendar year: Oakham, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
By type
Terraced houses rose the most since 1995
1995
2000
2005
2010
2015
2020
Last 12 months
Detached houses
£83K
£117K
£226K
£249K
£290K
£347K
£385K
Semi-detached houses
£51K
£69K
£152K
£160K
£181K
£210K
£250K
Terraced houses
£42K
£57K
£149K
£150K
£157K
£184K
£221K
Flats and maisonettes
—
£45K
£123K
£125K
£108K
£210K
£137K
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
New builds
Hardly any new homes: 2.5% of sales in the last 12 months
1,543 new homes have been sold in Oakham since 1995; the share peaked at 38% in 2000.
New-build share of sales
Calendar years with 10 or more sales, then the last 12 months.
New builds and tenure · 3 years
A new home sold for a median £394,995
against £275,500 for a home sold on, 43% more, over three years. New homes are often a different mix from the homes sold on, so part of the gap is size and type.
12% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 2.3% sold leasehold in Oakham. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Streets
Greenwood Street is Oakham’s busiest street, with 37 sales in three years
50 streets had five or more sales from Sep 2023 to Aug 2026, 11 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
#
Street
Postcode area
Sales
Median
Homes
1
Greenwood Street
LE15
37
£399,995
Mostly detached houses · new builds
2
Stud Road
LE15
32
£252,500
Mixed
3
Penn Street
LE15
21
£235,000
Mixed
4
Brooke Road
LE15
18
£337,500
Mixed
5
Ladywell
LE15
17
£158,500
Mixed
6
Holbrook Way
LE15
15
£235,000
Mixed
7
West Road
LE15
15
£215,000
Mostly terraced houses
8
Braunston Road
LE15
13
£340,000
Mostly detached houses
9
Welland Way
LE15
13
£290,000
Mixed
10
Barleythorpe Road
LE15
12
£212,500
Mostly flats
11
Tyne Road
LE15
10
£348,750
Mostly detached houses
12
Kilburn End
LE15
9
£268,000
Mostly terraced houses
13
Deans Street
LE15
9
£235,000
Mostly terraced houses
14
Cold Overton Road
LE15
9
£225,000
Mixed
15
John Clare Close
LE15
8
£265,000
Mixed
Dearest streets
Tolethorpe Close: £715,000
Oakham median£290K
Tolethorpe Close£715K
Vicarage Road£700K
Peterborough Avenue£650K
Grove Close£650K
Foxhound Close£600K
Cheapest streets
The Sidings: £137,500
Oakham median£290K
The Sidings£138K
Ladywell£159K
Burley Road£175K
Ribble Walk£185K
Northgate£195K
Among streets with five or more sales; the dearest street’s median is 5.2 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Across Rutland
Oakham is the 3rd most expensive of 3 towns in Rutland
Oakham is one of Rutland’s cheapest towns to buy in; the typical UK town’s median is £277,000.
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Oakham
What is the average house price in Oakham?
The median home in Oakham sold for £290,000 from September 2023 to August 2026, across 677 standard sales (£280,000 in the last 12 months). By type: detached houses £410,000, semi-detached houses £260,000, terraced houses £225,000 and flats and maisonettes £157,500.
Are house prices going up in Oakham?
The median was £290,000 in 2025, down 3% on 2024 (£300,000), and £280,000 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Oakham each year?
197 standard sales were recorded in the last 12 months, against an average of 263 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Oakham?
Among streets with five or more sales in three years: Tolethorpe Close (LE15, £715,000), Vicarage Road (LE15, £700,000) and Peterborough Avenue (LE15, £650,000).
How much does a new build cost in Oakham?
New homes sold for a median £394,995 over three years, against £275,500 for homes sold on. New builds were 12% of sales.
Is Oakham expensive for Rutland?
Oakham is the 3rd most expensive of 3 towns of 2,500 or more in Rutland by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.