According to the public record, 40, The Gills, Otley is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,010 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
The Gills, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
40, The Gills, Otley has 21 entries in the Land Registry database, most recently in April 2007 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 40 The Gills Otley as £314,124 and the rental value as £1,812 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 40 The Gills Otley has increased by £6,562 (2.1%) and its rental value has increased by £35 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 40, The Gills, Otley is in very good condition we estimate a sale value of £329,830 and rental value of £1,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,135 and a rental value of £1,685 per month.
If you were able to purchase this property for the estimated value of £314,124, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,544 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, 40, The Gills, Otley was last sold on 05 Apr 2007 for £175,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 44.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, The Gills, Otley within a radius of 720 metres over the last 2 years.
The most recent example is 103, Wrenbeck Drive, Otley, LS21 2BP, a Freehold house which sold for £362,000 in May 2023.
Read more about house prices in LS21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Gills, Otley, LS21 has a total of 121 addresses. According to our analysis of all the public data, 40, The Gills, Otley is the 35th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in LS21.
The closest station to 40, The Gills, Otley is Menston station which is 3.7 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, The Gills, Otley, 42.3% of property is privately owned outright and 37.3% 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, The Gills, Otley, 16.0% of residents are recorded as possessing school level qualifications and 32.0% 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, The Gills, Otley, the average age was 43.6 and the most common age was 52.
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, The Gills, Otley, 0.6% 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, The Gills, Otley, 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.