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Neighbourhood · Rutland

Oakham East: house prices and how the area is changing

Official figures for the Oakham East neighbourhood of Rutland, England (ONS area Rutland 003). Headline figures assembled 23 October 2026. Postcodes LE15. Figures that read a point use the neighbourhood's centre, near LE15 6DT.

A middle-income neighbourhood, with signals pointing away from gentrification

Oakham East is a middle-income neighbourhood. But area signals point away from gentrification against Rutland (3 of 16 signals falling, 1 rising). Houses here typically resell for £325,000 and flats for £160,000 (median resale prices, 2023-2025). Recorded crime is higher than across Rutland (1.1 times the borough's rate), schools nearby are improving in line with the council's and the nearest station, Oakham, is about a 7-minute walk from the neighbourhood's centre.

The neighbourhood in brief, from the figures on this page. Summary updated 23 October 2026; source dates are shown below.

Typical house price

£325,000

Median resale price of houses in the neighbourhood, 2023-2025; +22% against 2017-2019.

Source: HM Land Registry Price Paid Data

Typical flat price

£160,000

Median resale price of flats in the neighbourhood, 2023-2025; +34% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Middle income

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Moving the other way

Weighted balance -0.19; 1 of 16 signals up, 3 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 6 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 5 small areas range from decile 6 to 10.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£59,500

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

1.1 times the borough's rate

Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Schools getting better

In line with the council's

Nearby state schools' latest Ofsted inspections and results, against the council's schools.

Source: Ofsted, Department for Education

Where Oakham East sits in Rutland

  • Typical house price: 2nd lowest of 5 neighbourhoods in Rutland
  • Average household income: 2nd lowest of 5 neighbourhoods in Rutland

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 23 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Oakham East

House prices: Oakham East against Rutland: This neighbourhood £57k (1995) to £279k (2026); Rutland £65k (1995) to £335k (2026).£95k£317k2026202120162011200620011995This neighbourhood£279kRutland£335k
Median resale price of houses each year here and across Rutland, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).
Flat prices: Oakham East against Rutland: This neighbourhood £122k (2007) to £131k (2025); Rutland £121k (2007) to £135k (2026).£121k£232k2026202320202017201420112007This neighbourhood£131kRutland£135k
Median resale price of flats each year here and across Rutland, 2007 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 23 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

1 of 16 counted signals point towards rising affluence against Rutland, 3 the other way and 12 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Rising against the borough

  • Anti-social behaviour

Falling behind the borough

  • Income deprivation ranking
  • Air quality
  • Benefit claims (DWP)

Stations and schools nearby

Nearest station

  • Oakham Railway station, about a 7-minute walk from the neighbourhood's centre (500 m in a straight line). About 2.2 trains an hour leave between 07:00 and 19:00 on a weekday: CrossCountry to Birmingham New Street (about 78 min) and Stansted Airport (114 to 120 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

  • Nearest state primary school English Martyrs' Catholic Voluntary Academy 470 m from the neighbourhood's centre. Ofsted: Report card: Strong standard in 2 areas, Expected standard in 5 (Jan 2026).
  • Nearest state secondary school Catmose College 790 m from the neighbourhood's centre. Ofsted: Outstanding (Mar 2024).

Schools: Department for Education, Get Information about Schools (20 October 2026); inspections: Ofsted's management information as at 30 September 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Oakham East

What is the typical house price in Oakham East?

£325,000. Median resale price of houses in the neighbourhood, 2023-2025; +22% against 2017-2019.

How does Oakham East compare with the rest of Rutland?

Typical house price: 2nd lowest of 5 neighbourhoods in Rutland. Average household income: 2nd lowest of 5 neighbourhoods in Rutland.

Is Oakham East an affluent area?

Middle income. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Oakham East gentrifying?

Moving the other way. Weighted balance -0.19; 1 of 16 signals up, 3 down, against the borough.

What is the nearest station to Oakham East?

Oakham. Railway station, about a 7-minute walk from the neighbourhood's centre (500 m in a straight line). About 2.2 trains an hour leave between 07:00 and 19:00 on a weekday: CrossCountry to Birmingham New Street (about 78 min) and Stansted Airport (114 to 120 min).

Which state schools are nearest to Oakham East?

Nearest state primary school. English Martyrs' Catholic Voluntary Academy. 470 m from the neighbourhood's centre. Ofsted: Report card: Strong standard in 2 areas, Expected standard in 5 (Jan 2026). Nearest state secondary school. Catmose College. 790 m from the neighbourhood's centre. Ofsted: Outstanding (Mar 2024).

Each answer repeats a figure shown above, with its source there.

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Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.