# LE15 6GH Area Summary
The LE15 6GH postcode covers part of Oakham, the county town of Rutland, England's smallest historic county. This area represents a modest residential market with 60 properties averaging £173,822, positioning it below the typical East Midlands average but reflecting Oakham's appeal as a market town with a blend of period and modern housing stock. The locale benefits from Oakham's historic character, centred around its famous 12th-century castle and bustling market square, whilst maintaining good connectivity via the A1 and direct rail links to London St Pancras.
The property market here typically features a mix of Victorian and Edwardian terraces, post-war semi-detached homes, and newer developments that have expanded the town in recent decades. At the current average price point of approximately £174,000, the area offers relatively accessible entry points compared to nearby Stamford or Leicester suburbs, attracting a combination of first-time buyers, families seeking good local schools (including Oakham School and Catmose Primary), and retirees drawn to Rutland's rural setting and proximity to Rutland Water, one of Europe's largest reservoirs offering extensive recreational facilities.
The market in this postcode area reflects Oakham's steady demand as a commuter-friendly town with strong local amenities, independent retailers, and a genuine community atmosphere, making it a practical choice for those seeking small-town living within reach of larger employment centres.
The average house price in LE15 6GH, Oakham is £173,822. Prices range from £99,950 to £320,000.
There are 60 properties in LE15 6GH, Oakham.
LE15 6GH contains 20 semi-detached properties, 19 detached properties, 17 flat / maisonette properties, 4 terraced properties.
Average house prices in LE15 6GH have risen by 49.5% from £183,090 in 2012 to £273,750 in 2024.
LE15 6GH is located in Oakham, Rutland, England.