According to the public record, 281, Otley Road, Leeds is a period freehold house with 2,421 ft2 of internal area and sits on a 532 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Otley Road, Leeds, LS16 is located in the borough of Leeds within the LS16 postal district.
281, Otley Road, Leeds has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated April 2012.
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 281 Otley Road Leeds as £547,688 and the rental value as £2,432 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 281 Otley Road Leeds has decreased by £4,418 (0.8%) and its rental value has increased by £45 per month (1.9%).
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 281, Otley Road, Leeds is in very good condition we estimate a sale value of £575,073 and rental value of £2,554 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £509,350 and a rental value of £2,262 per month.
If you were able to purchase this property for the estimated value of £547,688, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,692 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, 281, Otley Road, Leeds sits on a plot of 532m2.
We have plot size data on 6 out of 8 other houses in the postcode and 281, Otley Road, Leeds sits on the 2nd largest plot.
According to HM Land Registry, 281, Otley Road, Leeds was last sold on 09 Dec 2014 for £360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 51.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 281, Otley Road, Leeds within a radius of 700 metres over the last 2 years.
The most recent example is 21, Northolme Avenue, Leeds, LS16 5JB, a Freehold house which sold for £555,000 in May 2022.
Read more about house prices in LS16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otley Road, Leeds, LS16 has a total of 395 addresses. According to our analysis of all the public data, 281, Otley Road, Leeds is the 16th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in LS16.
281, Otley Road, Leeds has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Apr 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 281, Otley Road, Leeds is Headingley station which is 1.8 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 281, Otley Road, Leeds, 39.7% of property is privately owned outright and 37.4% is privately rented.
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 281, Otley Road, Leeds, 18.2% of residents are recorded as possessing school level qualifications and 58.8% 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 281, Otley Road, Leeds, the average age was 37.3 and the most common age was 22.
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 281, Otley Road, Leeds, 0.7% 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 281, Otley Road, Leeds, there are an average of 1.1 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.