According to the public record, 2, Newstead Road, Otley is a period freehold house with 3,455 ft2 of internal area and sits on a 419 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Newstead Road, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
2, Newstead Road, Otley has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Newstead Road Otley as £725,147 and the rental value as £3,178 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 2 Newstead Road Otley has decreased by £896 (0.1%) and its rental value has increased by £11 per month (0.3%).
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 2, Newstead Road, Otley is in very good condition we estimate a sale value of £761,404 and rental value of £3,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £674,386 and a rental value of £2,955 per month.
If you were able to purchase this property for the estimated value of £725,147, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,564 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 data from HM Land Registry, 2, Newstead Road, Otley sits on a plot of 419m2.
We have plot size data on 3 out of 9 other houses in the postcode and 2, Newstead Road, Otley sits on the largest plot.
According to HM Land Registry, 2, Newstead Road, Otley was last sold on 15 Jul 2020 for £625,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Newstead Road, Otley within a radius of 560 metres over the last 2 years.
The most recent example is Chevin Close, Birdcage Walk, Otley, LS21 3HB, a Freehold house which sold for £770,000 in Oct 2014.
Read more about house prices in LS21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newstead Road, Otley, LS21 has a total of 9 addresses. According to our analysis of all the public data, 2, Newstead Road, Otley is the largest and the most expensive property on the street.
When compared to the postcode district it is £293k more expensive than the average property in LS21.
2, Newstead Road, Otley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Nov 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2, Newstead Road, Otley is Menston station which is 2.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Newstead Road, Otley, 38.1% of property is socially rented and 36.0% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Newstead Road, Otley, 16.3% of residents are recorded as possessing school level qualifications and 44.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Newstead Road, Otley, the average age was 46.4 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Newstead Road, Otley, 2.4% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Newstead Road, Otley, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.