According to the public record, Crag Cottage, Otley is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,093 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Castley Lane, Castley, Otley, LS21 is located in the borough of Harrogate within the LS21 postal district.
Crag Cottage, Otley has a single entry in the Land Registry database from November 2016 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 Crag Cottage Otley as £665,321 and the rental value as £2,141 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Crag Cottage Otley has decreased by £7,141 (1.1%) and its rental value has increased by £19 per month (0.9%).
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 Crag Cottage, Otley is in very good condition we estimate a sale value of £698,587 and rental value of £2,248 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £618,748 and a rental value of £1,991 per month.
If you were able to purchase this property for the estimated value of £665,321, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,270 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, Crag Cottage, Otley was last sold on 04 Nov 2016 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has risen 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Crag Cottage, Otley within a radius of 2.0km over the last 2 years.
The most recent example is Westcote, Weeton Lane, Leeds, LS17 0AW, a Freehold house which sold for £735,000 in Aug 2023.
Read more about house prices in LS21.
Castley Lane, Castley, Otley, LS21 has a total of 21 addresses. According to our analysis of all the public data, Crag Cottage, Otley is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £234k more expensive than the average property in LS21.
The closest station to Crag Cottage, Otley is Weeton station which is 1.9 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 Crag Cottage, Otley, 49.2% of property is privately owned outright and 30.5% 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 Crag Cottage, Otley, 19.1% of residents are recorded as possessing school level qualifications and 49.0% 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 Crag Cottage, Otley, the average age was 47.3 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 Crag Cottage, 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 Crag Cottage, Otley, there are an average of 1.9 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.