According to the public record, 232B, Otley Road, Leeds is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 232, Otley Road, Leeds, LS16.
Otley Road, Leeds, LS16 is located in the borough of Leeds within the LS16 postal district.
232B, Otley Road, Leeds has 41 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated June 2020.
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 232B Otley Road Leeds as £198,075 and the rental value as £913 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 232B Otley Road Leeds has increased by £1,907 (1.0%) and its rental value has increased by £34 per month (3.7%).
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 232B, Otley Road, Leeds is in very good condition we estimate a sale value of £207,978 and rental value of £958 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,209 and a rental value of £849 per month.
If you were able to purchase this property for the estimated value of £198,075, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £973 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, 232B, Otley Road, Leeds was last sold on 30 Sep 2021 for £175,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2021, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 232B, Otley Road, Leeds within a radius of 710 metres over the last 2 years.
The most recent example is Flat 5, Castleton Court 3, Arncliffe Road, Leeds, LS16 5JE, a Leasehold flat which sold for £190,000 in Apr 2023.
Read more about house prices in LS16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otley Road, Leeds, LS16 has a total of 395 addresses. According to our analysis of all the public data, 232B, Otley Road, Leeds is the 229th largest and the 235th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in LS16.
232B, Otley Road, Leeds has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jun 2020.
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 232B, Otley Road, Leeds is Headingley station which is 1.8 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 232B, Otley Road, Leeds, 39.7% of property is privately owned outright and 37.4% 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 232B, Otley Road, Leeds, 18.2% of residents are recorded as possessing school level qualifications and 58.8% 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 232B, Otley Road, Leeds, the average age was 37.3 and the most common age was 22.
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 232B, Otley Road, Leeds, 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 232B, Otley Road, Leeds, there are an average of 1.1 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.