22 July 2016
BURLEY-in-Wharfedale’s rising popularity as a place to work and live is matched not just by its rising property prices – but also by the rising number of people actively searching for a new home in the village to buy and move into.
The majority of sales in Burley-in-Wharfedale during the last year were terraced properties, selling for an average price of £239,965. Detached properties typically sold for £381,646, with semi-detached properties fetching £330,027.
Our analysis of independent research has revealed that the sought-after village itself, commanding an overall average price of £291,706, was more expensive than nearby Otley (£227,028) and Guiseley (£268,453), but was cheaper than Menston (£317,895).
And it is easy to see its growing attraction. Burley-in-Wharfedale is a thriving village community at the very heart of the Wharfe Valley and ever popular thanks to its amenities and proximity to Ilkley and Otley.
Extremely appealing for families, having two excellent primary schools and secondary schools in nearby Ilkley, Otley and Menston, the village also attracts commuters, having a regular rail service to the commercial centres of Leeds and Bradford, as well as neighbouring Ilkley.
It boasts a range of housing types and age, and terrace houses and cottages at the centre. The former hospital was converted into private townhouses and flats,
The village benefits from having a good selection of shops to include a mini supermarket, two butchers and a deli, plus several pubs, some which serve food, and a bar, and doctors surgery, chemist and Post Office service.
Burley public buildings include the Queens' Hall, originally built as a lecture hall for mill workers. Recent work by community groups has resulted in developments including a new nature reserve, and the village green which contains a central water feature.
The village retains a very strong community feel and plays host to plenty of different events throughout the year, such as the Burley Summer Festival in August when residents compete to create the best scarecrow and bake the best pork pie (no soggy bottoms!), the Duck Race along the river in June, the annual bonfire and firework display, and the turning on of the Christmas lights, which get better every year.
Not surprisingly, population research we have carried out shows that demand for homes in Burley-in-Wharfedale to increase further in the future.
The village population served by our office stands at nearly 7,000. By 2018, this areas population is expected to have risen by almost 5%.
Our analysis revealed that the most typical buyers attracted to this area are established families, living upmarket lifestyles, looking to buy in large detached homes. It also holds appeal to elderly couples, with assets, wishing to enjoy a comfortable retirement.
Data sourced from Land Registry, last updated 29th April 2016. Demographic information taken from Experian report Oct 2015.