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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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According to the public record, Flat 3, 38, Boroughgate, Otley is a modern apartment with 710 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 Flat 3, 38, Boroughgate, Otley is £165,473 and the estimated rental value is £785 per month.
The apartment is within 38, Boroughgate, Otley, LS21.
Boroughgate, Otley, LS21 is located in the borough of Leeds within the LS21 postal district.
Flat 3, 38, Boroughgate, Otley has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data 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.
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 Flat 3, 38, Boroughgate, Otley is in very good condition we estimate a sale value of £173,746 and a rental value of £824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,890 and a rental value of £730 per month.
Over the last 12 months the sale value of Flat 3 38 Boroughgate Otley has decreased by an estimated £109 (0.1%) and its rental value has increased by an estimated £31 per month (4.0%), giving an expected gross yield of 5.7%.
Flat 3, 38, Boroughgate, Otley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 May 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 38, Boroughgate, Otley within a radius of 520 metres over the last 2 years.
The most recent example is 26, Chevin Court, Otley, LS21 1RL, a leasehold flat which sold for £225,000 on the 15th June 2023.
Read more about house prices in LS21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Boroughgate, Otley, LS21 has a total of 42 addresses. According to our analysis of all the public data, Flat 3, 38, Boroughgate, Otley is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in LS21.
The closest station to Flat 3, 38, Boroughgate, Otley is Menston station which is 3.3 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 Flat 3, 38, Boroughgate, Otley, 63.2% of property is privately rented and 23.1% is privately owned outright.
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 3, 38, Boroughgate, Otley, 13.9% of residents are recorded as possessing school level qualifications and 31.7% 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 3, 38, Boroughgate, 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 Flat 3, 38, Boroughgate, Otley, 1.0% 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 3, 38, Boroughgate, Otley, there are an average of 0.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
