Ilkley

Area Guide For Ilkley

Ilkley is a spa town and common area in West Yorkshire, in the north of Britain. Ilkley common ward incorporates the contiguous town of Ben Rhydding and is a ward inside the metropolitan district of Bradford. Pretty nearly 12 miles (19â km) north of Bradford, the town lies mostly on the south bank of the Waterway Wharfe in Wharfedale, one of the Yorkshire Dales. The ward has a populace of 13,828 (statistics 2001). Ilkley's spa town legacy and encompassing field make tourism an imperative nearby industry. The town focus is portrayed by Victorian construction modeling, wide avenues and flower shows. Ilkley Field, to the south of the town, is the subject of a society tune, regularly depicted as the informal song of praise of Yorkshire, "On Ilkla Field Baht 'at". The tune's words are composed in Yorkshire lingo, its title deciphered as "On Ilkley Field without a cap." The soonest confirmation of home in the Ilkley region is stone pointed stones or microliths, dating to the Mesolithic period, from around 11,000â BC onwards.

 
 

Ilkley Map

Estimated Price: £359,655
Average Asking Price: £386,193
Price change in last one year: £21,693
Average Price Paid: £298,463
Average Rent Rates: £833

 
 

Property Prices Breakdown in Ilkley

Average Price for property in Ilkley is around £359,655 which varies based on type of property you are interested in and ranges from £528,861 for detached house to around £309,591 for semi-detached. Similarly terraced house is around £278,363 and a flat is worth £217,958. Values have been changing and have risen £6,547 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,418 in last 6 months, £21,693 in last 1 year, £36,139 in last 2 years, £29,297 in last 3 years, £29,236 in last 4 years and £46,529 in last 5 years.

Currently average asking price of a property in Ilkley is around £386,193 based on approximately 592 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £833 per month.

Estimated property value in Ilkley is £359,655. Average asking price is £386,193 while average price paid is £296,190 which is up by £21,693 and Avg. asking rent £833.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ilkley area. In last 1 year alone average price buyer paid is around £296,190 based on approximately 592 sales in Ilkley area alone. If you compare it to last 3 years sales of 1,741 properties where buyers paid around £301,988. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £298,463 for 2,759 and average amount paid for purchase of approx. 3,593 properties sold in last 7 years comes to about £298,230 per sale.

 
 

Properties For Sale in Ilkley

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £142,880, £232,374 for a 2 bedroom house, £323,315 for a 3 bedroom house, £463,815 for a 4 bedroom house and £673,452 for a 5 bedroom house. For a flat similarly the prices varies from £148,771 for a single bedroom to £212,825 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £328,434. To sum up the asking prices for properties in Ilkley it comes to around average £147,789 for 1 bedroom property, £221,139 for 2 bedroom, £324,091 for 3 bedroom, £463,815 for 4 bedroom and £673,452 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £537 for 1 bedroom to £637 for 2 bedrooms, £937 for 3 bedrooms, £1,513 for 4 bedrooms and £2,024 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £537. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £699 and £1,352 for 3 bedroom. You should be generally be expecting around average £537 rent per month for single bedroom property, £682 for 2 bedroom, £961 for 3 bedroom, £1,514 for 4 bedroom and approximately £2,024 for a 5 bedroom property in Ilkley area.

Popular Houses in Ilkley

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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