According to the public record, Apartment 12, Victoria Court, Otley is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Victoria Court, Station Road, Otley, LS21.
Station Road, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
Apartment 12, Victoria Court, Otley has 3 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated December 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 Apartment 12 Victoria Court Otley as £200,066 and the rental value as £1,095 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Apartment 12 Victoria Court Otley has decreased by £2,501 (1.2%) and its rental value has decreased by £9 per month (0.8%).
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 Apartment 12, Victoria Court, Otley is in very good condition we estimate a sale value of £210,070 and rental value of £1,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,062 and a rental value of £1,018 per month.
If you were able to purchase this property for the estimated value of £200,066, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £983 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, Apartment 12, Victoria Court, Otley was last sold on 31 Mar 2023 for £218,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2023, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 12, Victoria Court, Otley within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 17, Victoria Court, Station Road, Otley, LS21 3GY, a Leasehold flat which sold for £205,000 in Mar 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, Apartment 12, Victoria Court, Otley is the 43rd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £232k less expensive than the average property in LS21.
Apartment 12, Victoria Court, Otley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Dec 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 12, Victoria 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 Apartment 12, Victoria Court, Otley, 42.7% of property is privately owned outright and 34.4% 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 Apartment 12, Victoria Court, Otley, 15.0% of residents are recorded as possessing school level qualifications and 47.1% 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 Apartment 12, Victoria 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 Apartment 12, Victoria Court, Otley, 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 Apartment 12, Victoria 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.