Silver Mill Hill, Otley, LS21

Street Guide For Silver Mill Hill, Otley, LS21

 

Silver Mill Hill, Otley, LS21 Map

Estimated Price: £272,127
Average Asking Price: £377,587
Price change in last one year: £12,739
Average Price Paid: £234,000
Average Rent Rates: £939

 

Property Prices Breakdown in Silver Mill Hill, Otley, LS21

Average Price for property in Silver Mill Hill, Otley, LS21 is around £272,127 which varies based on type of property you are interested in and ranges from £251,087 for semi-detached to around £275,133 for terraced house. Values have been changing and have risen £485 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,189 in last 6 months, £12,739 in last 1 year, £21,886 in last 2 years, £17,484 in last 3 years, £24,119 in last 4 years and £23,371 in last 5 years.

Currently average asking price of a property in Silver Mill Hill, Otley, LS21 is around £377,587 based on approximately 1 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 Silver Mill Hill, Otley, LS21 is £272,127. Average asking price is £377,587 while average price paid is £178,000 which is up by £12,739 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 Silver Mill Hill, Otley, LS21 area. In last 1 year alone average price buyer paid is around £178,000 based on approximately 1 sales in Silver Mill Hill, Otley, LS21 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £234,000. 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 £234,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £234,000 per sale.

 
 

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 £127,500, £205,743 for a 2 bedroom house, £247,473 for a 3 bedroom house, £430,579 for a 4 bedroom house and £804,914 for a 5 bedroom house. For a flat similarly the prices varies from £149,975 for a single bedroom to £174,974 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £210,000. To sum up the asking prices for properties in Silver Mill Hill, Otley, LS21 it comes to around average £142,483 for 1 bedroom property, £199,265 for 2 bedroom, £246,264 for 3 bedroom, £430,579 for 4 bedroom and £804,914 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 £793 for 2 bedroom to £849 for 3 bedroom and £1,751 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £550. You should be generally be expecting around average £498 rent per month for single bedroom property, £672 for 2 bedroom, £849 for 3 bedroom and approximately £1,751 for 5 bedroom property in Silver Mill Hill, Otley, LS21 area.

Popular Houses in Silver Mill Hill, Otley, LS21

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.

Areas in and around Silver Mill Hill, Otley, LS21