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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 21, Bank Parade, Otley is £283,921 and its rental estimate is £1,250 per month, given the available information and assuming reasonable condition.
Bank Parade, Otley, LS21 falls within the LS21 postal district, in the borough of Leeds.
21, Bank Parade, Otley has a single entry in the Land Registry from October 2009 and a single entry in the EPC database dated February 2018.
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.
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 21, Bank Parade, Otley, we estimate a market value of £298,117 and a rental value of £1,312 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,047 and £1,162 per month respectively.
Over the last year, 21, Bank Parade, Otley has seen its estimated sale value increase by £378 (0.1%) and its estimated rental value grow by £50 per month (4.0%). This results in an estimated gross rental yield of 5.3%.
HM Land Registry records the plot of land for 21, Bank Parade, Otley as measuring 76 m2.
That makes it the 22nd largest plot in the postcode, where 28 of the 33 other houses have recorded plot data.
21, Bank Parade, Otley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 21, Bank Parade, Otley completed on 30th October 2009 at £112,500 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 87.7% over the period since October 2009.
Over the past 2 years 3 properties similar to 21, Bank Parade, Otley have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2024, was 2, Bank Parade, Otley, LS21 3DY, a freehold house which sold for £290,000.
Read more about house prices in LS21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 33 addresses on Bank Parade, Otley, LS21, 21, Bank Parade, Otley comes out as the 29th largest and the 29th most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the LS21 district.
From 21, Bank Parade, Otley, the nearest station is Menston, 2.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 21, Bank Parade, Otley, 40.5% of property is privately owned outright and 30.2% is privately owned with a mortgage.
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 21, Bank Parade, Otley, 14.5% of residents are recorded as possessing school level qualifications and 45.2% 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 21, Bank Parade, 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 21, Bank Parade, Otley, 1.6% 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 21, Bank Parade, Otley, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.