According to the public record, 3 Queens Court, Otley is a mid-century leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Queens Court, Station Road, Otley, LS21.
Station Road, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
3 Queens Court, Otley has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated April 2016.
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 3 Queens Court Otley as £170,295 and the rental value as £993 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 3 Queens Court Otley has decreased by £2,578 (1.5%) and its rental value has decreased by £10 per month (1.0%).
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 3 Queens Court, Otley is in very good condition we estimate a sale value of £178,810 and rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,375 and a rental value of £924 per month.
If you were able to purchase this property for the estimated value of £170,295, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £837 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, 3 Queens Court, Otley was last sold on 31 Mar 2021 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Queens Court, Otley within a radius of 560 metres over the last 2 years.
The most recent example is 10D, Birdcage Court, Otley, LS21 3HH, a Leasehold flat which sold for £175,000 in Jun 2023.
Read more about house prices in LS21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Otley, LS21 has a total of 57 addresses. According to our analysis of all the public data, 3 Queens Court, Otley is the 27th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in LS21.
3 Queens Court, Otley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Queens Court, Otley is Menston station which is 3.0 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 3 Queens Court, 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 3 Queens Court, 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 3 Queens Court, 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 3 Queens Court, 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 3 Queens Court, 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.