Shankland Barraclough says ..

Property Oracle says ..

Otley is a popular town in West Yorkshire, with a good range of amenities and a strong community feel. The property is located on Danefield Terrace, which is within easy reach of local schools, including Otley All Saints Cofe Primary School (0.51 KM) and St Joseph’s Catholic Primary School (1.22 KM), both rated ‘Good’ by Ofsted. The train station is also within a reasonable distance, offering connections to Leeds and other nearby towns. This makes the location relatively convenient for commuters and families.

The property itself appears to be well-maintained and presented. The photos show a modern interior with updated kitchen and bathroom fixtures. There is evidence of recent renovations or redecoration, suggesting the property is in good condition. The small, enclosed rear garden is a positive aspect, offering some outdoor space.

The list price of £199,950 is considerably lower than the average house price in the area (£332,703). However, it’s important to note that the property is significantly smaller than the average (607.73 sqft vs 1,108 sqft). Considering the average price per square foot in the area is £300, and this property’s size, a more appropriate price might be in the region of £182,319. While the property is smaller, its good condition and desirable location could justify a slightly higher price than this calculation suggests. The fact that nearby comparable properties on Danefield Terrace have sold for between £148,000 and £350,000 supports this. Ultimately, whether the list price represents good value depends on individual buyer priorities and market conditions.

Based on the provided information, the property benefits from a convenient location, good condition, and a small garden. The list price appears reasonable considering the size and location, but buyers should be aware that similar properties in the area have sold for a wider range of prices.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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