Ilkley Market Update - June 2016

ilkley thumb
There are more than 400 good reasons why moving is easy with Linley & Simpson’s Ilkley team. For that is how many active buyers are registered with our branch on Brook Street. What’s more, the average time for a property to be on the market through us - from instruction to sale agreed – is just 33 days.*

Ilkley average house prices

Those homeowners selling their properties with us typically achieve 96%* of their asking prices.

During the last year, sold prices in family-friendly Ilkley were 12% up on the previous 12 months. Our research has also revealed that in the past year most property sales in Ilkley involved detached properties, which sold for on average £575,149. Flats sold for an average price of £226,579, while terraced properties fetched £309,362.

Ilkley as a whole, with an overall average price of £380,862, was more expensive than nearby Burley-in-Wharfedale (£291,706), Addingham (£317,619) and East Morton (£208,284)**

It remains one of the most sought-after places to live in Yorkshire, retaining a strong community with a friendly – and increasingly trendy – village feel that appeals to our cross section of buyers.

With excellent schools and good transport links, the spa town with its world-famous moor on its doorstep is renowned for being a great location for families to live. 
They tell us that its high-performing schools, including Ilkley Grammar School, is one of the key reasons they are attracted to the area. Three out of its four primary schools - All Saints' C of E, Ashlands and the Sacred Heart Catholic - are "outstanding", says Ofsted

Ilkley is a mecca for independent shops and cafes, including the highly-regarded Betty’s tea rooms with their famous fat rascals, the Michelin-starred Box Tree restaurant, and the popular Bar Tat.

Don’t forget the award-winning butchers, Lishman’s – their pork pies and sausages are judged by connoisseurs to the best around.

Throughout the year, there is a busy calendar of community events, such as Ilkley Carnival (May) Ilkley Film festival (February), Ilkley Summer Festival (August) Ilkley Literature Festival (September), and the Ilkley Beer Festival (February).

When the weather’s good, you can make a splash at the outdoor lido swimming pool, which also stages a midnight dip for the more brave-hearted each New Year’s Day.

Ilkley Toy Museum is increasingly popular, and picturesque Bolton Abbey – where Hollywood actress Raquel Welch saw her son marry the daughter of cricket legend Freddie Trueman – is a stunning attraction that nestles nearby.

But it is the Ilkley Moor walks, and the Cow and Calf rock formation that dominate the landscape, for which the district is famed.

According to local legend, the Calf was split from the Cow when the giant Rombald was fleeing an enemy, and stamped on the rock as he leapt across the valley. The enemy, it is rumored, was his angry wife. She dropped the stones held in her skirt to form the local rock formation the Skirtful of Stones.

Not surprisingly, population research we have carried out shows that demand for homes in Ilkley is likely to increase further in the future. 
The population served by our office stands at nearly 16,000. By 2018, this area’s population is expected to have risen by almost 5%. Most of its residents fall into the Under 15 age group, or the Over 65s.*** 
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. 

To find out how much your property is worth why not try our instant valuation, or to request your full market appraisal please click here



*Data taken from our records of properties sold between May 2015 and 23rd May 2016. ** Data sourced from Land Registry, last updated 29th April 2016. *** Demographic information taken from Experian report Oct 2015.


How much is my property worth? Arrange a

Book Your Free Marketing Appraisal NOW

No matter what stage of the process you are at, an accurate sales or rental valuation is essential – request yours today!

Book Now

Award Winning Estate Agents & Letting Agents

How much is my property worth? Arrange a

The Property Ombudsman
Association of Residential Letting Agents
Association of Residential Letting Agents
On the Market January 2015
Safe Agent Logo
Martin House Logo