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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 1, Redlands, Otley is recorded publicly as a period leasehold apartment across 1,194 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 1, Redlands, Otley is £249,653 and its rental estimate is £1,008 per month, given the available information and assuming reasonable condition.
Redlands, Billams Hill is a residential building on Billams Hill, Otley, LS21 and falls within the LS21 postal district and the borough of Leeds.
Flat 1, Redlands, Otley has 41 entries in the Land Registry , most recently in April 2016 and a single entry in the EPC database dated August 2015.
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.
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 Flat 1, Redlands, Otley, we estimate a market value of £262,135 and a rental value of £1,058 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £232,177 and £937 per month respectively.
Over the last year, Flat 1, Redlands, Otley has seen its estimated sale value rise by £2,756 (1.1%) and its estimated rental value move up by £49 per month (4.9%). This results in an estimated gross rental yield of 4.8%.
Flat 1, Redlands, Otley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2015.
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 Flat 1, Redlands, Otley completed on 4th April 2016 at £192,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 31.4% over the period since April 2016.
Over the past 2 years 3 properties similar to Flat 1, Redlands, Otley have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th August 2024, was Flat 2, Redlands, Billams Hill, Otley, LS21 2DZ, a leasehold flat which sold for £248,500.
Read more about house prices in LS21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Billams Hill, Otley, LS21, Flat 1, Redlands, Otley comes out as the 10th largest and the 11th most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the LS21 district.
From Flat 1, Redlands, Otley, the nearest station is Menston, 3.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Redlands, Otley, 64.2% of property is privately owned outright and 27.7% 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 Flat 1, Redlands, Otley, 15.3% of residents are recorded as possessing school level qualifications and 56.3% 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 Flat 1, Redlands, 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 Flat 1, Redlands, Otley, 1.3% 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 Flat 1, Redlands, 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.
