According to the public record, 40, Otterwood Lane, York is a mid-century freehold house with 854 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Otterwood Lane, York, YO24 is located within the YO24 postal district.
40, Otterwood Lane, York has 41 entries in the Land Registry database, most recently in October 2015 and a single entry in the EPC database dated August 2011.
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 40 Otterwood Lane York as £277,975 and the rental value as £1,121 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 40 Otterwood Lane York has increased by £6,268 (2.3%) and its rental value has decreased by £72 per month (6.4%).
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 40, Otterwood Lane, York is in very good condition we estimate a sale value of £291,874 and rental value of £1,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,517 and a rental value of £1,043 per month.
If you were able to purchase this property for the estimated value of £277,975, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,366 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, 40, Otterwood Lane, York sits on a plot of 339m2.
We have plot size data on 10 out of 21 other houses in the postcode and 40, Otterwood Lane, York sits on the 6th largest plot.
According to HM Land Registry, 40, Otterwood Lane, York was last sold on 22 Oct 2015 for £245,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Oct 2015, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Otterwood Lane, York within a radius of 550 metres over the last 2 years.
The most recent example is 7, Bellhouse Way, York, YO24 3LL, a Freehold house which sold for £242,000 in Jun 2023.
Read more about house prices in YO24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otterwood Lane, York, YO24 has a total of 54 addresses. According to our analysis of all the public data, 40, Otterwood Lane, York is the 42nd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in YO24.
40, Otterwood Lane, York has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Otterwood Lane, York is York station which is 3.4 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 40, Otterwood Lane, York, 69.5% of property is privately owned outright and 22.9% is privately owned with a mortgage.
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 40, Otterwood Lane, York, 14.6% of residents are recorded as possessing school level qualifications and 30.7% 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 40, Otterwood Lane, York, the average age was 44.4 and the most common age was 37.
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 40, Otterwood Lane, York, 0.0% 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 40, Otterwood Lane, York, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.