18, Bank Parade
18, Bank Parade
Description & Estimates
Public records show 18, Bank Parade, Otley to be a period freehold house with 947 ft2 of internal area, sitting on a 120 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
18, Bank Parade, Otley has an estimated sale value of £291,997 and an estimated rental value of £1,267 per month, assuming reasonable condition and based on the information available.
Bank Parade, Otley, LS21 lies in the borough of Leeds, within the LS21 postal district.
Our Data Sources
18, Bank Parade, Otley has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 18, Bank Parade, Otley would be worth £306,597, with a potential rental value of £1,331 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £271,557, with a rental value of £1,179 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 18, Bank Parade, Otley has climbed by £389 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £51 (4.0%). The property's estimated gross yield is currently 5.2%.
Plot Size
18, Bank Parade, Otley occupies a 120 m2 plot as recorded by HM Land Registry.
Of the 33 other houses in this postcode, 28 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
18, Bank Parade, Otley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
18, Bank Parade, Otley last changed hands on 17th November 2023, selling for £295,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 11.9% since November 2023.
- Sold Nov 2023£295,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 18, Bank Parade, Otley across the last 2 years.
Most recently, 2, Bank Parade, Otley, LS21 3DY, a freehold house, sold at £290,000 on the 20th December 2024.
Read more about house prices in LS21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 18, Bank Parade, Otley as the 21st largest and the 21st most expensive of the 33 addresses on Bank Parade, Otley, LS21.
Against the LS21 postcode district average, it is £54k less expensive than the typical property.
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Schools Nearby
- 200mWestgate Primary School
- 500mSt Joseph's Catholic Primary School, Otley
- 1.2kmOtley All Saints CofE Primary School
- 1.2kmOtley Prince Henry's Grammar School Specialist Language College
- 3.0kmSt. Mary's Menston, a Catholic Voluntary Academy
- 3.6kmGuiseley School
More reading links
Public Transport Nearby
Menston station is the nearest stop to 18, Bank Parade, Otley at 2.6 kilometres away.
- 2.6kmMenston
- 3.1kmGuiseley
- 3.6kmBurley-in-Wharfedale
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
