According to the public record, Flat 2, 117, Otley Road, Harrogate is a period leasehold apartment with 1,173 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 117, Otley Road, Harrogate, HG2.
Otley Road, Harrogate, HG2 is located in the borough of Harrogate within the HG2 postal district.
Flat 2, 117, Otley Road, Harrogate has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated March 2021.
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 Flat 2 117 Otley Road Harrogate as £236,094 and the rental value as £1,071 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 2 117 Otley Road Harrogate has increased by £361 (0.2%) and its rental value has increased by £46 per month (4.2%).
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 Flat 2, 117, Otley Road, Harrogate is in very good condition we estimate a sale value of £247,898 and rental value of £1,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,567 and a rental value of £996 per month.
If you were able to purchase this property for the estimated value of £236,094, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,160 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, Flat 2, 117, Otley Road, Harrogate was last sold on 24 Sep 2021 for £260,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 117, Otley Road, Harrogate within a radius of 620 metres over the last 2 years.
The most recent example is 139A, Otley Road, Harrogate, HG2 0AG, a Leasehold flat which sold for £246,000 in Sep 2023.
Read more about house prices in HG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otley Road, Harrogate, HG2 has a total of 238 addresses. According to our analysis of all the public data, Flat 2, 117, Otley Road, Harrogate is the 84th largest and the 185th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in HG2.
Flat 2, 117, Otley Road, Harrogate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 117, Otley Road, Harrogate is Harrogate station which is 1.9 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 Flat 2, 117, Otley Road, Harrogate, 45.2% of property is privately owned outright and 39.7% 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 Flat 2, 117, Otley Road, Harrogate, 23.1% of residents are recorded as possessing school level qualifications and 48.8% 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 Flat 2, 117, Otley Road, Harrogate, the average age was 44.7 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 Flat 2, 117, Otley Road, Harrogate, 1.0% 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 Flat 2, 117, Otley Road, Harrogate, there are an average of 1.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.