Burley in Wharfedale House Prices Burley in Wharfedale House Prices

The average house price in Burley in Wharfedale is £1,252,916 using HM Land Registry data.

The average property price increased by £193,570 (66.17%) over the last 5 years and increased by £38,687 (8.65%) over the last 12 months.

Over the last year, there were 84 residential property sales – a decrease of 26 transactions (-30.95%) relative to the previous year. The majority of house sales (21) were in the £312,000 - £394,000 range. Then came properties in the £394,000 - £476,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,500 (-2%).

In April 2024, there were 23 new estate agency instructions, 15 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Burley in Wharfedale

66.17%

Property prices in Burley in Wharfedale increased by 66.17% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Burley in Wharfedale Over the Last Year

8.65%

Property prices in Burley in Wharfedale increased by 8.65% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Burley in Wharfedale - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Burley in Wharfedale

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Burley in Wharfedale

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Burley in Wharfedale

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Burley in Wharfedale since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Burley in Wharfedale area since 1995.

Recent Property Sales in Burley in Wharfedale

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Jumb Beck Close, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7RE£450,000£415,000-£35,00030 Oct 202308 Mar 2024130 Days
11 Iron Row, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7BZ£316,500£305,000-£11,50018 Jul 202330 Jan 2024196 Days
42 Long Meadows, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7RY£485,000£465,000-£20,00025 Aug 202319 Jan 2024147 Days
1 Pasture Fold, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7RP£400,000£395,000-£5,00012 Oct 202311 Jan 202491 Days
20 Greenhow Park, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7LZ£679,950£660,000-£19,95031 Aug 202318 Dec 2023109 Days
66 Ron Lawton Crescent, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7ST£595,000£580,000-£15,00025 Jul 202313 Dec 2023141 Days
8 St Philips Way, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7EW£500,000£465,000-£35,00025 Sep 202308 Dec 202374 Days
41 Long Meadows, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7RY£570,000£540,000-£30,00024 Apr 202308 Dec 2023228 Days
19 St Philips Close, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7EP£425,000£397,500-£27,50017 Aug 202307 Dec 2023112 Days
3 Langford Road, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7NL£290,000£288,000-£2,00005 Aug 202324 Nov 2023111 Days
42 Langford Lane, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7EJ£545,000£540,000-£5,00017 Aug 202323 Nov 202398 Days
73 Jill Kilner Drive, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7SQ£270,000£250,000-£20,00029 Jul 202322 Nov 2023116 Days
41 Grangefield Avenue, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7HA£369,950£355,000-£14,95024 Aug 202309 Nov 202377 Days
2a, Fenton Street, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7EX£365,000£335,000-£30,00027 Jun 202320 Oct 2023115 Days
9 Holme Grove, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7QF£500,000£500,000£0020 Jul 202313 Oct 202385 Days
3 Norwood Terrace, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7EY£395,000£395,000£0012 Apr 202311 Oct 2023182 Days
Ravelston, Bradford Road, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7PZ£675,000£640,000-£35,00021 Jun 202327 Sep 202398 Days
27 Aireville Terrace, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7JY£289,950£284,500-£5,45013 Jun 202322 Sep 2023101 Days
50 Grangefield Avenue, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7HA£345,000£325,000-£20,00011 May 202315 Sep 2023127 Days
59 Sandholme Drive, Burley In Wharfedale, Ilkley, West Yorkshire, LS29 7RG£440,000£440,000£0020 Apr 202314 Sep 2023147 Days

Most Expensive Streets in Burley in Wharfedale

PostcodeStreetAreaAverageNo. of Sales
LS29 7NSStation RoadBurley In Wharfedale£817,4163
LS29 7DZThe MewsBurley In Wharfedale£668,4166
LS29 7QYThe CopseBurley In Wharfedale£601,6663
LS29 7STRon Lawton CrescentBurley In Wharfedale£572,03514
LS29 7LQMansfield RoadBurley In Wharfedale£565,8507
LS29 7RRFar Mead CroftBurley In Wharfedale£505,8343
LS29 7QQMenston Old LaneBurley In Wharfedale£502,9833
LS29 7PQRose BankBurley In Wharfedale£502,8128
LS29 7RYLong MeadowsBurley In Wharfedale£492,79510
LS29 7LZGreenhow ParkBurley In Wharfedale£479,3754

Least Expensive Streets in Burley in Wharfedale

PostcodeStreetAreaAverageNo. of Sales
LS29 7DXThe LawnBurley In Wharfedale£72,9374
LS29 7ELLangford LaneBurley In Wharfedale£161,2147
LS29 7NNLangford RoadBurley In Wharfedale£175,9166
LS29 7JUNorth ViewBurley In Wharfedale£176,8035
LS29 7JJAireville TerraceBurley In Wharfedale£183,3333
LS29 7JLStation RoadBurley In Wharfedale£208,1427
LS29 7JGWest TerraceBurley In Wharfedale£215,4005
LS29 7JSPeel PlaceBurley In Wharfedale£226,5019
LS29 7EGNorwood AvenueBurley In Wharfedale£229,6666
LS29 7JYAireville TerraceBurley In Wharfedale£235,3934

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