Wetherby

Area Guide For Wetherby

Wetherby is a market town and common ward inside the City of Leeds metropolitan precinct, in West Yorkshire, Britain. It remains on the Stream Wharfe, and has been for a considerable length of time an intersection place and organizing post on the A1 Incredible North Street, being mid-route in the middle of London and Edinburgh. It has a populace of 11,155. Verifiably a piece of the Wapentake of Skyrack inside the West Riding of Yorkshire, Wetherby is said in the Domesday Book of 1086 as Wedrebi, thought to get from wether- or ram-ranch or else signifying "settlement on the curve of a waterway". Wetherby Span, which compasses the Waterway Wharfe, is a Booked Old Landmark and an Evaluation II recorded structure. The course of the Old Awesome North Street passes through the town and, as aftereffect of its circumstance out and about, countless motels were built in Wetherby which are still utilized by explorers today.

 
 

Wetherby Map

Estimated Price: £359,312
Average Asking Price: £478,476
Price change in last one year: £18,342
Average Price Paid: £307,656
Average Rent Rates: £3,509

 
 

Property Prices Breakdown in Wetherby

Average Price for property in Wetherby is around £359,312 which varies based on type of property you are interested in and ranges from £474,975 for detached house to around £268,286 for semi-detached. Similarly terraced house is around £238,797 and a flat is worth £221,135. Values have been changing and have risen £5,656 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,849 in last 6 months, £18,342 in last 1 year, £45,641 in last 2 years, £46,432 in last 3 years, £40,310 in last 4 years and £42,881 in last 5 years.

Currently average asking price of a property in Wetherby is around £478,476 based on approximately 416 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £3,509 per month.

Estimated property value in Wetherby is £359,312. Average asking price is £478,476 while average price paid is £315,304 which is up by £18,342 and Avg. asking rent £3,509.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 Wetherby area. In last 1 year alone average price buyer paid is around £315,304 based on approximately 416 sales in Wetherby area alone. If you compare it to last 3 years sales of 1,198 properties where buyers paid around £306,391. 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 £307,656 for 1,878 and average amount paid for purchase of approx. 2,381 properties sold in last 7 years comes to about £304,904 per sale.

 
 

Properties For Sale in Wetherby

 
 

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 £75,000, £247,324 for a 2 bedroom house, £279,642 for a 3 bedroom house, £530,514 for a 4 bedroom house and £844,442 for a 5 bedroom house. For a flat similarly the prices varies from £184,975 for a single bedroom to £225,377 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £289,735. To sum up the asking prices for properties in Wetherby it comes to around average £162,980 for 1 bedroom property, £233,668 for 2 bedroom, £280,147 for 3 bedroom, £530,514 for 4 bedroom and £844,442 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 £823 for 2 bedroom to £963 for 3 bedroom, £1,701 for 4 bedroom and £1,833 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £637. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £630 and £1,200 for 3 bedroom. You should be generally be expecting around average £637 rent per month for single bedroom property, £707 for 2 bedroom, £997 for 3 bedroom, £1,701 for 4 bedroom and approximately £1,833 for a 5 bedroom property in Wetherby area.

Popular Houses in Wetherby

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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