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8 Shannon Way, Oakham, Rutland, LE15 6SY

How much is 8 Shannon Way, Oakham, Rutland, LE15 6SY worth?

Estimated value — November 2026

£238,000

Likely range £195,000 – £289,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale July 1999

65%

confidence

High

Typically within 9% of the sale price

Property details

Semi-detached house

Shannon Way · Oakham · LE15 6SY

Address

District
Rutland
County
Rutland
See house prices in LE15 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k£400k20002002200420062008201020122014201620182020202220242026£238,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£71,827£62,552 – £85,050
2001£81,236£70,299 – £94,229
2002£106,254£91,129 – £123,167
2003£116,228£98,816 – £135,294
2004£142,847£120,462 – £167,387
2005£137,275£114,986 – £161,303
2006£146,688£122,281 – £172,395
2007£164,839£136,712 – £194,063
2008£144,862£119,340 – £171,210
2009£143,884£117,753 – £170,790
2010£148,937£121,250 – £177,541
2011£147,801£120,087 – £177,072
2012£150,015£121,979 – £180,487
2013£152,163£123,706 – £184,170
2014£165,082£134,309 – £200,520
2015£172,092£153,245 – £194,445
2016£187,086£165,349 – £212,867
2017£190,637£167,216 – £218,416
2018£199,196£173,395 – £229,798
2019£219,193£189,339 – £254,601
2020£211,742£181,490 – £247,622
2021£223,562£190,130 – £263,214
2022£251,247£211,999 – £297,797
2023£262,876£220,058 – £313,660
2024£261,050£216,788 – £313,547
2025£241,635£199,053 – £292,139
2026£238,000£195,000 – £289,000

Sale history

1997Sold
£54,000
1999Sold
+11%£60,000
2026Today — estimated
+297%£238,000

Mortgage calculator

£1,277

Estimated monthly repayment

£214,200

Loan amount

£245,649

Total interest

£459,849

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

8 Shannon Way, Oakham, Rutland, LE15 6SY is a semi-detached house on Shannon Way in Oakham, Rutland. Stede's estimated value for November 2026 is £238,000. Four in five similar homes sold within their likely range when tested; for this property that range is £195,000 to £289,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 90 similar homes in the same postcode sector (25%). The confidence score is 65 out of 100 (high): estimates like this one are typically within 9% of the eventual sale price.

It last sold in July 1999 for £60,000. It has 2 sales on record, the earliest in 1997. The current estimate is 297% higher than that price. The current owner has held it for about 27 years.

The modelled value is down 3% over the past year and up 5% over the past five years.

Among 10 nearby properties Stede tracks in the LE15 area, estimated values run from £245,000 to £345,000. This semi-detached house's £238,000 sits below that range.

Common questions

How much is 8 Shannon Way, Oakham, Rutland, LE15 6SY worth?

Stede estimates 8 Shannon Way, Oakham, Rutland, LE15 6SY is worth £238,000 as of November 2026, within a likely range of £195,000 to £289,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 8 Shannon Way, Oakham, Rutland, LE15 6SY last sell?

It last sold in July 1999 for £60,000. There are 2 sales on record, the earliest in 1997.

What type of property is 8 Shannon Way, Oakham, Rutland, LE15 6SY?

It is recorded as a Semi-detached house on Shannon Way in the LE15 postcode area.

How reliable is this estimate?

The confidence score is 65 out of 100 (high). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 90 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 26,680 real sales of similar homes.

  • Its sale in July 1999, brought up to today with the House Price Index£231,13775%
  • 90 similar homes sold recently in the same postcode sector£257,88025%

Estimate £238,000, likely £195,000 – £289,000

Read the full methodology and data sources →