Average Price for property in Farnley Lane, Otley, LS21 is around £234,184 which varies based on type of property you are interested in and ranges from £344,935 for detached house to around £177,336 for semi-detached. Similarly terraced house is around £266,502 and a flat is worth £172,520. Values have been changing and have risen £417 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,023 in last 6 months, £10,964 in last 1 year, £18,839 in last 2 years, £15,053 in last 3 years, £20,762 in last 4 years and £20,119 in last 5 years.
Currently average asking price of a property in Farnley Lane, Otley, LS21 is around £377,587 based on approximately 4 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £939 per month.
Estimated property value in Farnley Lane, Otley, LS21 is £234,184. Average asking price is £377,587 while average price paid is £196,250 which is up by £10,964 and Avg. asking rent £939.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 Farnley Lane, Otley, LS21 area. In last 1 year alone average price buyer paid is around £196,250 based on approximately 4 sales in Farnley Lane, Otley, LS21 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £177,500. 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 £182,010 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £178,758 per sale.