According to the public record, 59, Gay Lane, Otley is a period house with 710 ft2 of internal area and sits on a 18.5 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Gay Lane, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
59, Gay Lane, Otley has no records in the Land Registry database and a single entry in the EPC database dated March 2014.
We combine this information with public data 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 59 Gay Lane Otley as £193,583 and the rental value as £1,310 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 59 Gay Lane Otley has increased by £4,733 (2.4%) and its rental value has increased by £38 per month (2.9%).
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 59, Gay Lane, Otley is in very good condition we estimate a sale value of £203,262 and rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,032 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £193,583, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £951 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, 59, Gay Lane, Otley sits on a plot of 19m2.
We have plot size data on 14 out of 16 other houses in the postcode and 59, Gay Lane, Otley sits on the 14th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Gay Lane, Otley within a radius of 244m over the last 2 years.
The most recent example is 4, Craven Street, Otley, LS21 1BU, a Freehold house which sold for £176,560 in Mar 2023.
Read more about house prices in LS21.
Gay Lane, Otley, LS21 has a total of 47 addresses. According to our analysis of all the public data, 59, Gay Lane, Otley is the 20th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in LS21.
59, Gay Lane, Otley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2014.
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 59, Gay Lane, Otley is Menston station which is 3.2 km 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 59, Gay Lane, Otley, 33.9% of property is privately rented and 29.2% 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 59, Gay Lane, Otley, 16.7% of residents are recorded as possessing school level qualifications and 43.2% 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 59, Gay Lane, 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 59, Gay Lane, Otley, 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 59, Gay Lane, 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.