Oakham or Keyworth: Which Is Better Value?
Oakham averages £400,000 against £380,000 in Keyworth, a gap of £20,000 or 5%. You would need £2,000 more deposit and about £105 a month more on a repayment mortgage at an assumed 5% over 25 years. Keyworth charges £116 less council tax at Band D.
Oakham averages £400,000 against £380,000 in Keyworth, a gap of £20,000 or 5%. You would need £2,000 more deposit and about £105 a month more on a repayment mortgage at an assumed 5% over 25 years. Keyworth charges £116 less council tax at Band D.
Price and deposit
The headline gap is £20,000, or 5%. On a 10% deposit that is £2,000 more cash to find before you start. Detached homes average £575,000 against £550,000.
Oakham against Keyworth
Town guides for each: Mortgage advice in Oakham and Mortgage advice in Keyworth.
Schools and families
Oakham has more schools graded Outstanding at their last graded Ofsted inspection (before September 2024), with 1 against 0 in Keyworth. Counting last graded Ofsted inspections (before September 2024), Oakham has 2 schools and Keyworth has 1 school graded Good or better.
A strong catchment in the cheaper town can cost more than an average street in the dearer one. Compare catchments, not averages.
Running costs and getting to work
Band D council tax is £2,740 in Oakham and £2,624 in Keyworth, a difference of £116 a year.
The honest verdict
Keyworth is cheaper to buy on these figures. Oakham carries the higher price and, on this data, the stronger school profile.
Neither is right in the abstract. If the deposit is your constraint, the £2,000 difference matters more than anything else here. If catchment is the constraint, price follows the school you need.
What each town is actually like
Price is one axis. These are the things people move for, and the things they find out afterwards.
Oakham
In its favour- The historic, affluent county town of Rutland
- Outstanding Catmose College & the independent Oakham School
- Oakham Castle, the Buttercross & market place
- Rutland Water, Barnsdale Gardens & countryside
- A premium town with genuinely limited stock
- Rutland is a high-charging council (high Band D)
- Not on a direct London line (change at Peterborough/Leicester)
- No full A&E in the county (minor injuries only in the town)
Best for Families ★★★★★
Catmose College is an Outstanding 11 to 16 secondary, with Good primaries (Catmose Primary) and the independent Oakham School, plus Rutland Water, a safe market-town feel and open countryside, a strong family town.
Keyworth
In its favour- A desirable, well-served wolds village
- Its own secondary (South Wolds Academy) & good primaries
- The British Geological Survey as a major local employer
- Open wolds countryside on the doorstep
- A premium village, above the county average
- No railway station in the village
- You commute by bus into Nottingham or drive to a station
- City-centre buzz is a journey away
Best for Families ★★★★★
Strong local schools (South Wolds Academy & Sixth Form, Crossdale and Willow Brook primaries), a genuine village feel, open countryside and a safe community, a premier family village.
Oakham and Keyworth, side by side
| Measure | Oakham | Keyworth |
|---|---|---|
| Average property price | £400,000 | £380,000 |
| Average detached | £575,000 | £550,000 |
| 10% deposit | £40,000 | £38,000 |
| Illustrative monthly payment | £2,105 | £1,999 |
| Band D council tax | £2,740 | £2,624 |
| Outstanding rated schools | 1 | 0 |
| Good rated schools | 1 | 1 |
Local averages used for illustration. Confirm your own figures before acting.
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