According to the public record, Flat 3, 44, Kirkgate, Otley is a modern leasehold apartment and with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 44, Kirkgate, Otley, LS21.
Kirkgate, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
Flat 3, 44, Kirkgate, Otley has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated October 2016.
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 3 44 Kirkgate Otley as £182,521 and the rental value as £1,043 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 3 44 Kirkgate Otley has decreased by £2,281 (1.2%) and its rental value has decreased by £8 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 Flat 3, 44, Kirkgate, Otley is in very good condition we estimate a sale value of £191,647 and rental value of £1,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,744 and a rental value of £970 per month.
If you were able to purchase this property for the estimated value of £182,521, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £897 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 3, 44, Kirkgate, Otley was last sold on 11 Jul 2017 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 44, Kirkgate, Otley within a radius of 233m over the last 2 years.
The most recent example is Flat 3, Well Hill Ct 58, Westgate, Otley, LS21 3AS, a Leasehold flat which sold for £145,000 in Jun 2021.
Read more about house prices in LS21.
Kirkgate, Otley, LS21 has a total of 34 addresses. According to our analysis of all the public data, Flat 3, 44, Kirkgate, Otley is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in LS21.
Flat 3, 44, Kirkgate, Otley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Oct 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 44, Kirkgate, Otley is Menston station which is 3.1 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 Flat 3, 44, Kirkgate, Otley, 63.2% of property is privately rented and 23.1% 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 Flat 3, 44, Kirkgate, Otley, 13.9% of residents are recorded as possessing school level qualifications and 31.7% 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 3, 44, Kirkgate, 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 Flat 3, 44, Kirkgate, Otley, 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 3, 44, Kirkgate, Otley, there are an average of 0.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.