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According to the public record, 8, The Gills, Otley is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, The Gills, Otley is £154,533 and the estimated rental value is £727 per month.
The apartment is within 8, The Gills, Otley, LS21.
The Gills, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
8, The Gills, Otley has 31 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated July 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, The Gills, Otley is in very good condition we estimate a sale value of £162,260 and a rental value of £764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,716 and a rental value of £676 per month.
Over the last 12 months the sale value of 8 The Gills Otley has decreased by an estimated £218 (0.1%) and its rental value has increased by an estimated £26 per month (3.6%), giving an expected gross yield of 5.6%.
8, The Gills, Otley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, The Gills, Otley was last sold on 25th March 2022 for £155,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2022, the market for similar properties has risen 22.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Gills, Otley within a radius of 720 metres over the last 2 years.
The most recent example is Flat 1, Newall Hall, Newall Hall Park, Otley, LS21 2RD, a leasehold flat which sold for £140,000 on the 18th October 2019.
Read more about house prices in LS21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Gills, Otley, LS21 has a total of 122 addresses. According to our analysis of all the public data, 8, The Gills, Otley is the 72nd largest and the 115th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in LS21.
The closest station to 8, The Gills, Otley is Menston station which is 3.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, The Gills, Otley, 42.3% of property is privately owned outright and 37.3% 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 8, The Gills, Otley, 16.0% of residents are recorded as possessing school level qualifications and 32.0% 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 8, The Gills, 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 8, The Gills, Otley, 0.6% 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 8, The Gills, Otley, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.