Otley House Prices, Leeds
Otley is an area, located in Leeds.
Otley House Prices
As of June, 2024, the average house prices in Otley are as follows:
- 1 bedroom flat – £159,950 (-0.29%)
- 2 bedroom flat – £237,475 (0.46%)
- 3 bedroom flat – £295,000 (0.57%)
- 4 bedroom flat – £430,000 (-3.32%)
- 5 bedroom flat – £537,500 (-7.47%)
Keep in mind that these are simply the average rates for Otley house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Otley, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Otley house price is £285,000, high by 1.79% as of £280,000 in May, 2024.
- Currently, there are 38 houses for sale and an average of 7 property sales per month. Demand in the real estate market is high, so that price may rise.
Check back next month for updated Otley house prices.
Otley House Prices Growth
The average house price in Otley over the last 5 years is as follows:
- 2019-06 – £233,245
- 2020-06 – £239,923 (2.86%)
- 2021-06 – £286,154 (19.27%)
- 2022-06 – £265,957 (-7.06%)
- 2023-06 – £295,806 (11.22%)
- 2024-06 – £290,319 (-1.85%)
Sold house prices in Otley have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 24%. Thus, if the trend continues, purchasing real estate in Otley in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Otley house prices, it’s also wise to keep an eye on house rent prices in Otley. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Otley.