3, Richmond Terrace
3, Richmond Terrace
Description & Estimates
3, Richmond Terrace, Otley is recorded publicly as an early-century freehold house across 667 ft2 of internal area, sitting on a 118 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Richmond Terrace, Otley is £268,383 and its rental estimate is £1,154 per month, given the available information and assuming reasonable condition.
Richmond Terrace, Otley, LS21 falls within the LS21 postal district, in the borough of Leeds.
Our Data Sources
3, Richmond Terrace, Otley has 31 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 3, Richmond Terrace, Otley, we estimate a market value of £281,802 and a rental value of £1,212 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,596 and £1,073 per month respectively.
Recent Market Change
Over the last year, 3, Richmond Terrace, Otley has seen its estimated sale value climb by £4,632 (1.7%) and its estimated rental value rise by £67 per month (5.8%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 3, Richmond Terrace, Otley as measuring 118 m2.
That makes it the 14th largest plot in the postcode, where 15 of the 17 other houses have recorded plot data.
Energy Efficiency
3, Richmond Terrace, Otley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Richmond Terrace, Otley completed on 11th March 2019 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 39.3% over the period since March 2019.
- Sold Mar 2019£170,000
- Sold Jul 2014£131,000
- Sold Feb 2006£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Richmond Terrace, Otley have sold within a radius of 830 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th September 2024, was 20, Inglewood Drive, Otley, LS21 3LD, a freehold house which sold for £254,125.
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
Of the 17 addresses on Richmond Terrace, Otley, LS21, 3, Richmond Terrace, Otley comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £78k less expensive than the average property across the LS21 district.
More reading links
Schools Nearby
- 100mWestgate Primary School
- 600mSt Joseph's Catholic Primary School, Otley
- 1.1kmAshfield Primary School
- 1.2kmOtley Prince Henry's Grammar School Specialist Language College
- 2.9kmSt. Mary's Menston, a Catholic Voluntary Academy
- 3.6kmGuiseley School
More reading links
Public Transport Nearby
From 3, Richmond Terrace, Otley, the nearest station is Menston, 2.5 kilometres away.
- 2.5kmMenston
- 3.1kmGuiseley
- 3.4kmBurley-in-Wharfedale
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
