According to the public record, The Chestnuts, Otley is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,013 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Avenue Des Hirondelles, Pool In Wharfedale, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
The Chestnuts, Otley has 21 entries in the Land Registry database, most recently in August 2007 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 The Chestnuts Otley as £876,213 and the rental value as £2,447 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of The Chestnuts Otley has decreased by £10,119 (1.2%) and its rental value has increased by £23 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 The Chestnuts, Otley is in very good condition we estimate a sale value of £920,024 and rental value of £2,569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £814,878 and a rental value of £2,275 per month.
If you were able to purchase this property for the estimated value of £876,213, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,306 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, The Chestnuts, Otley was last sold on 30 Aug 2007 for £575,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 49.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Chestnuts, Otley within a radius of 1.9 kilometres over the last 2 years.
The most recent example is Wood Croft, Pool Bank New Road, Otley, LS21 1EU, a Freehold house which sold for £640,000 in Nov 2022.
Read more about house prices in LS21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Des Hirondelles, Pool In Wharfedale, Otley, LS21 has a total of 7 addresses. According to our analysis of all the public data, The Chestnuts, Otley is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £444k more expensive than the average property in LS21.
The closest station to The Chestnuts, Otley is Weeton station which is 4.1 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 The Chestnuts, Otley, 43.9% of property is privately owned outright and 42.5% 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 The Chestnuts, Otley, 23.3% of residents are recorded as possessing school level qualifications and 51.8% 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 The Chestnuts, Otley, the average age was 44.6 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 The Chestnuts, Otley, 2.4% 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 The Chestnuts, 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.