Welcome To The Wharfe Valley Property Blog

Welcome to The Wharfe Valley Property Blog, the place where landlords and homeowners can find useful information, advice, insights, resources and inspiration for owning, renting out, buying and selling property in the Wharfe Valley covering Ilkley, Addingham, Ben Rhydding, Burley in Wharfedale, Menston, Otley and Pool in Wharfedale area.

The Wharfe Valley Property Team

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16
June, 2019
11:30

38% more homes for sale in #Otley than a year ago

One of the key factors of the health of the Otley property market is the number of properties for sale at any one time. The issue with housing is that when demand goes up, unlike with a chocolate bar factory, who can add a couple of hours overtime to increase supply/production to satisfy demand, it takes a good 18 months to two years from planning permission to someone moving into a home. I have talked at length (and proved) in previous articles...

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15
May, 2019
22:02

New Home Building in #Ilkley and #Bradford 2018 rises to 20.1% above the post Millennium average

Nationally, the number of new homes created in 2018 was 222,194, the highest since 1989. Yet since 2002, the average number of properties built in the UK has only been 146,700 per year. You would think, seeing all the new homes sites around, you could ask are we building too many houses, especially off the back of those impressive 2018 build figures? However, to keep up with the ever-growing population, lifestyles and people living longer,...

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26
March, 2019
10:36

Home Ownership among #Ilkley young people…….. read on

Home Ownership among Ilkley young people has dropped by more than a third in 20 years

The proportion of 25 to 34-year olds who own their home in Ilkley has dropped by more than a third in the last 20 years, so what does this mean for all the existing Ilkley landlords and homeowners together with all those youngsters considering buying their first home? Well,...

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14
March, 2019
10:31

45.7% of #Otley Property is Sold

As 45.7% of Otley Property on the Market is Sold

Are there any bargains because of Brexit?

Bargains – well yes and no – and let me explain why. To find a bargain you need to know the ‘market’, yet there is not one ‘property market’ in the UK. In fact, the...

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11
March, 2019
20:03

#Otley Property Market – Outlook for 2019

Otley property values are unexpectedly 3.8% higher than at the end of 2017, notwithstanding the uncertainty and threats over the potential impact of Brexit in 2019. This has exceeded all the predictions (aka guesses) of all the City of London economists, in an astonishing sign of strength for the local Otley and wider national economy. Nevertheless, the statistics from the Land Registry come after a lethargic year for the number of...

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