Oakham's LE15 postcode sits in the 18th percentile nationally for market trajectory, scoring 44.0 out of 100. Over the past five years, property prices and rental yields have grown at identical rates of 1.6% compound annually, while population growth has remained modest at 1.0%. The district remains in a latent gentrification stage, suggesting limited structural transformation currently underway. These metrics indicate a market characterised by stability rather than momentum, with growth rates falling substantially below national averages. Investors and buyers should note the alignment between price and rental appreciation, though the overall trajectory reflects a slower-moving market relative to national trends.
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See plans from £20/moKey signals
- 1Property prices up 0.0% over 5 years (5yr CAGR)
- 2Rents growing at 1.6% per year
- 3Population growing at 1.0% per year
- 4219 new homes in planning pipeline
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What's changing in Oakham · June 2026
The trajectory score moved down 1.3 points this month to 43/100, driven mainly by price opportunity.
272 planning applications submitted in LE15 over the last six months, including 7 new build residential schemes proposing 3 homes, 10 change of use, 10 demolition.
- S73 Variation of condition 2 (plans) in relation to: 2021/1421/FUL - Change of use and conversion of The Old Plough to create a 1 no. 4 bed dwelling and 1 no. 3 bed dwelling together with the erection of 2 no. dwellings in the car park with landscaping and related infrastructure works. Changes: replace the approved drawings: Replace 2480-02 Rev H, 2480-03 Rev B, 2480-04 Rev C and 2480-06 Rev E with revised drawings PDG/25012/PL01, PDG/25012/PL02, PDG/25012/PL03, PDG/25012/PL04, PDG/25012/PL05.Feb 2026 · Registered
- Extension to existing dwelling. Construction of 1 no. dwelling and associated landscaping and drainage works.Jun 2026 · Registered
- Section 73 application to vary Condition No. 2 (approved drawings), remove Condition No. 3 (details of stone and quoins, roofing tiles, eaves, verges, rainwater goods, windows and doors, repairs required to the stone perimeter wall), vary Condition No. 4 (off-site highway improvements shown on plan No. BRE/510/PA/001 Rev A), vary Condition 5 (car parking and turning as shown on plan No. BRE/510/PA/001 Rev A), vary Condition No. 6 (vehicular access as shown on plan No. BRE/510/PA/001 Rev A), vary Condition No. 7 (pedestrian visibility splays shown on plan No. BRE/510/PA/001 Rev A), vary Condition No. 8 (vehicle to vehicle splays as shown on plan No. BRE/510/PA/001 Rev A), vary Condition No. 11 (Condition Management Plan), vary Condition No. 14 (Construction Environment Management Plan), vary Condition No. 15 (Biodiversity Enhancement Plan), vary Condition No. 19 (existing and proposed site levels, finished floor levels), vary Condition No. 20 (soft landscaping works) and vary Condition No. 21 (replacement trees) on planning permission ref: 2025/0717/FUL (Demolition of existing barn and construction of a single dwelling including altered highway access).Jun 2026 · Registered
Oakham (LE15) common questions
Is Oakham up and coming?
Oakham (LE15) has a trajectory score of 43/100 (Average), placing it in the top 86% of postcode districts in England and Wales. The score is down 3.4 points over the last 12 months. The score combines price momentum, demand, transformation, economy, safety and risk signals from public data, updated monthly.
Is Oakham safe?
Oakham has a safety score of 45/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Oakham?
The average property price in Oakham (LE15) is £248k as of January 2026, based on UK House Price Index data. Prices have grown at 0.0% per year over the last five years.
What is the average rent in Oakham?
The median monthly rent in Oakham (LE15) is £785 (2026), based on ONS private rental data.
Which areas are near Oakham?
Neighbouring postcode districts include Northampton (NN3), High Wycombe (HP12), Melton Mowbray (LE13), Stamford (PE9), Northampton (NN5). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.