Values have been changing and have risen £267 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £654 in last 6 months, £7,011 in last 1 year, £12,046 in last 2 years, £9,627 in last 3 years, £13,279 in last 4 years and £12,869 in last 5 years.
Currently average asking price of a property in Gay Lane, Otley, LS21 is around £377,587 based on approximately 0 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 Gay Lane, Otley, LS21 is £149,739. Average asking price is £377,587 while average price paid is £99,500 which is up by £9,627 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 Gay Lane, Otley, LS21 area. In last 3 years alone average price buyer paid is around £99,500 based on approximately 2 sales in Gay Lane, Otley, LS21 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £93,333. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £93,333 for 3 per sale.