Rear Of 7, New Market
Rear Of 7, New Market
Description & Estimates
Rear Of 7, New Market, Otley is recorded publicly as a period freehold house across 236 ft2 of internal area, sitting on a 32.2 m2 plot.
Locally, houses of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Rear Of 7, New Market, Otley is £101,671 and its rental estimate is £532 per month, given the available information and assuming reasonable condition.
New Market, Otley, LS21 falls within the LS21 postal district, in the borough of Leeds.
Our Data Sources
Rear Of 7, New Market, Otley has 21 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Rear Of 7, New Market, Otley, we estimate a market value of £106,755 and a rental value of £559 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,554 and £495 per month respectively.
Recent Market Change
Over the last year, Rear Of 7, New Market, Otley has seen its estimated sale value climb by £1,755 (1.7%) and its estimated rental value rise by £31 per month (5.8%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for Rear Of 7, New Market, Otley as measuring 32 m2.
That makes it the 8th largest plot in the postcode, where 5 of the 8 other houses have recorded plot data.
Energy Efficiency
Rear Of 7, New Market, Otley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Rear Of 7, New Market, Otley completed on 10th February 2023 at £95,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 27.2% over the period since February 2023.
- Sold Feb 2023£95,000
- Sold Oct 2006£82,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 510 metres of Rear Of 7, New Market, Otley, per the Land Registry and our network of Estate Agents.
The latest, on the 28th September 2022, was 1, New Inn Court, Otley, LS21 3AJ, a freehold house which sold for £130,000.
Read more about house prices in LS21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on New Market, Otley, LS21, Rear Of 7, New Market, Otley comes out as the 13th largest and the 12th most expensive in our analysis of the public data.
It is also £244k less expensive than the average property across the LS21 district.
More reading links
Schools Nearby
- 200mSt Joseph's Catholic Primary School, Otley
- 700mWestgate Primary School
- 800mOtley All Saints CofE Primary School
- 900mOtley Prince Henry's Grammar School Specialist Language College
- 3.5kmSt. Mary's Menston, a Catholic Voluntary Academy
- 4.0kmGuiseley School
More reading links
Public Transport Nearby
From Rear Of 7, New Market, Otley, the nearest station is Menston, 3.1 kilometres away.
- 3.1kmMenston
- 3.5kmGuiseley
- 4.0kmBurley-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.
