According to the public record, 1 Rose Bank Cottages, Carr Bank, Otley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Carr Bank, Otley, LS21.
Carr Bank, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
1 Rose Bank Cottages, Carr Bank, Otley has 6 entries in the Land Registry database, most recently in September 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Rose Bank Cottages Carr Bank Otley as £147,615 and the rental value as £924 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 1 Rose Bank Cottages Carr Bank Otley has decreased by £2,433 (1.6%) and its rental value has decreased by £17 per month (1.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Rose Bank Cottages, Carr Bank, Otley is in very good condition we estimate a sale value of £154,996 and rental value of £970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,282 and a rental value of £859 per month.
If you were able to purchase this property for the estimated value of £147,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £725 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 Rose Bank Cottages, Carr Bank, Otley was last sold on 28 Nov 2023 for £300,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1 Rose Bank Cottages, Carr Bank, Otley within a radius of 750 metres over the last 2 years.
The most recent example is 14A, The Gills, Otley, LS21 2AH, a Leasehold flat which sold for £141,500 in Aug 2023.
Read more about house prices in LS21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carr Bank, Otley, LS21 has a total of 13 addresses. According to our analysis of all the public data, 1 Rose Bank Cottages, Carr Bank, Otley is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £284k less expensive than the average property in LS21.
The closest station to 1 Rose Bank Cottages, Carr Bank, Otley is Menston station which is 3.7 kilometres away.