Average Price for property in Otley is around £250,263 which varies based on type of property you are interested in and ranges from £402,308 for detached house to around £218,286 for semi-detached. Similarly terraced house is around £198,500 and a flat is worth £161,313. Values have been changing and have risen £2,004 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,415 in last 6 months, £11,309 in last 1 year, £20,945 in last 2 years, £19,878 in last 3 years, £32,466 in last 4 years and £28,498 in last 5 years.
Currently average asking price of a property in Otley is around £374,465 based on approximately 254 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £943 per month.
Estimated property value in Otley is £250,263. Average asking price is £374,465 while average price paid is £206,958 which is up by £11,309 and Avg. asking rent £943.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 Otley area. In last 1 year alone average price buyer paid is around £206,958 based on approximately 254 sales in Otley area alone. If you compare it to last 3 years sales of 775 properties where buyers paid around £206,176. 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 £203,077 for 1,221 and average amount paid for purchase of approx. 1,566 properties sold in last 7 years comes to about £201,254 per sale.