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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10
August, 2018
09:36

With the interest rate rise what does this mean for #Ilkley property values

What Will Happen to Ilkley Property Values with the Interest Rates Rise? The current average value of a property in Ilkley currently stands at £394,350 and the base rates at 0.75%. In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 months or the last 5 years), but to answer this question we need to go back over 40 years, to 1975. The average...

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11
July, 2018
09:00

#Ilkley Asking Prices Down 0.7% in the Last 12 Months, BUT, is that the Real Picture?

The average asking price of property in Ilkley decreased by 0.7% or £2,563 compared to a year ago, taking the current average asking price to £380,015, compared with £382,578 this time last year. But is it really that simple? Sometimes you need to take a look at the bigger picture. The overall drop in asking prices could be put down to sellers being more realistic with their pricing and looking to benefit from the impending mortgage...

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13
June, 2018
22:15

£660 pcm – The Average #Otley Rent

£660 pcm – The Average Otley Rent The rents paid by Otley tenants are now standing at £660 per calendar month (PCM), a rise of 1.39% year on year and 0.24% higher month on month. However, this attention-grabbing monthly rent figure masks stark differences in the various different parts of the Otley rental market. Demand in Otley for high quality family homes with two or three bedrooms in good catchment areas...

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11
May, 2018
15:03

27% more #ilkley home owners wanting to move more than 12 months ago

As I have mentioned a number times in my local property market blog, with not enough new-build properties being built in Ilkley and the surrounding area to keep up with demand for homes to live in (be that tenants or homebuyers), it’s good to know more Ilkley home sellers are putting their properties on to the market than a year ago. At the start of 2007 there were 154 properties for sale in Ilkley but by October 2009, when the credit...

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02
April, 2018
09:31

#Otley Council Tax Payers Stung by 22.32% above Inflation Rise

Buying and selling a home in Otley isn’t the easiest or cheapest thing you will ever do. Estate Agent fees, Solicitors fees, Survey fees, Mortgage fees, Removal Van … the costs just mount up throughout every step of the move. Last week, an Otley landlord asked me whether the Council Tax Band made a difference to a property’s appeal, be it tenanted or to owner occupiers, when it comes to being sold on the open market and whether extensions...

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