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2 Wells Promenade is a residential building situated on Wells Promenade, Ilkley, LS29 with 2 addresses.
It ranks as the 88th largest and 254th most expensive of the 491 buildings in the LS29 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
2 Wells Promenade is a residential building situated on Wells Promenade, Ilkley, LS29 with 2 addresses.
It ranks as the 88th largest and 254th most expensive of the 491 buildings in the LS29 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £157,643 for 2 bedroom leasehold flats (613 ft2) to £394,849 for 3 bedroom leasehold flats (968 ft2) .
Monthly rental prices range from £989 pcm for 2 bed flats to £1,604 pcm for 3 bed flats.
The gross rental yield is between 4.9% and 7.5%.
The average value per square foot is £332.
The last sale in 2 Wells Promenade sold for £146,000 on 25th August 2023. Since then prices are up an average of 2.0%.
The current average value in the building is £276,246.
The 2 Wells Promenade Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £276,246 |
| May 2025 | 1.1% | £276,527 |
| May 2024 | -0.4% | £273,518 |
| May 2023 | 0.9% | £274,488 |
| May 2022 | 7.7% | £272,140 |
| May 2021 | 3.8% | £252,596 |
| May 2020 | 2.7% | £243,381 |
| May 2019 | 3.3% | £236,997 |
| May 2018 | 1.2% | £229,536 |
| May 2017 | 4.3% | £226,866 |
| May 2016 | 3.7% | £217,428 |
| May 2015 | 5.7% | £209,680 |
| May 2014 | 0.7% | £198,449 |
| May 2013 | -1.3% | £197,163 |
| May 2012 | 2.9% | £199,840 |
| May 2011 | -0.3% | £194,196 |
| May 2010 | 0.9% | £194,871 |
| May 2009 | -9.9% | £193,089 |
| May 2008 | 1.3% | £214,387 |
| May 2007 | 0% | £211,647 |
The current average rental value in the building is £1,297.
The 2 Wells Promenade Rental Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.3% | £1,297pcm |
| May 2025 | 4.2% | £1,243pcm |
| May 2024 | 7.4% | £1,193pcm |
| May 2023 | 6.3% | £1,111pcm |
| May 2022 | 4.3% | £1,045pcm |
| May 2021 | 3.6% | £1,002pcm |
| May 2020 | 3.3% | £968pcm |
| May 2019 | -0.3% | £937pcm |
| May 2018 | -1.4% | £940pcm |
| May 2017 | 2.1% | £953pcm |
| May 2016 | 2.5% | £933pcm |
| May 2015 | 2.4% | £910pcm |
| May 2014 | 1.4% | £889pcm |
| May 2013 | 0.2% | £877pcm |
| May 2012 | -1.3% | £875pcm |
| May 2011 | 3.3% | £886pcm |
| May 2010 | 0.1% | £858pcm |
| May 2009 | -5.5% | £857pcm |
| May 2008 | -0.9% | £907pcm |
| May 2007 | 0% | £915pcm |
The last sale was on 25th August 2023 for £146,000 and since then the market in the area has increased by 2.0%. The building has had a total of 3 sales since 1995.
2, Wells Promenade, Ilkley, LS29 9LG has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 2, Wells Promenade, Ilkley, LS29 9LG is Ilkley station which is 300 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Wells Promenade, Ilkley, LS29 9LG, 42.4% of property is privately owned outright and 28.8% is privately rented.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Wells Promenade, Ilkley, LS29 9LG, 10.5% of residents are recorded as possessing school level qualifications and 47.6% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Wells Promenade, Ilkley, LS29 9LG, the average age was 47.4 and the most common age was 52.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Wells Promenade, Ilkley, LS29 9LG, 0.4% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Wells Promenade, Ilkley, LS29 9LG, there are an average of 0.9 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.