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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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12, Wharfe Meadow Avenue, Otley is recorded publicly as a modern freehold house across 1,280 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 12, Wharfe Meadow Avenue, Otley is £448,348 and its rental estimate is £1,511 per month, given the available information and assuming reasonable condition.
Wharfe Meadow Avenue, Otley, LS21 falls within the LS21 postal district, in the borough of Leeds.
12, Wharfe Meadow Avenue, Otley has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Wharfe Meadow Avenue, Otley, we estimate a market value of £470,765 and a rental value of £1,586 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £416,964 and £1,405 per month respectively.
Over the last year, 12, Wharfe Meadow Avenue, Otley has seen its estimated sale value fall by £4,729 (1.1%) and its estimated rental value move up by £40 per month (2.7%). This results in an estimated gross rental yield of 4.0%.
12, Wharfe Meadow Avenue, Otley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 12, Wharfe Meadow Avenue, Otley completed on 8th October 2020 at £425,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 16.1% over the period since October 2020.
Over the past 2 years 3 properties similar to 12, Wharfe Meadow Avenue, Otley have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2022, was 20, Wharfe Meadow Avenue, Otley, LS21 2FF, a freehold house which sold for £460,000.
Read more about house prices in LS21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 36 addresses on Wharfe Meadow Avenue, Otley, LS21, 12, Wharfe Meadow Avenue, Otley comes out as the 32nd largest and the 22nd most expensive in our analysis of the public data.
It is also £102k more expensive than the average property across the LS21 district.
From 12, Wharfe Meadow Avenue, Otley, the nearest station is Burley-in-Wharfedale, 3.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Wharfe Meadow Avenue, Otley, 36.8% of property is privately owned with a mortgage and 31.3% is privately owned outright.
The graph below shows how this compares to Yorkshire and The Humber 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 12, Wharfe Meadow Avenue, Otley, 21.5% of residents are recorded as possessing school level qualifications and 41.7% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Wharfe Meadow Avenue, Otley, the average age was 43.6 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 12, Wharfe Meadow Avenue, Otley, 0.0% 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 12, Wharfe Meadow Avenue, Otley, 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.
