Bingley

Area Guide For Bingley

Bingley is a market town in the metropolitan ward of the City of Bradford, in West Yorkshire, Britain. It is arranged on the Waterway Aire and the Leeds and Liverpool Trench. The town has a populace of 19,884 as per the 2001 Census. Nearby travel connections incorporate Bingley railway station in the town focus and Leeds Bradford Universal Airplane terminal, which is found 10 miles (16 km) from the downtown area. The B6265 (Fundamental Road), associating Bingley to Keighley, goes through the town focus. Truly a piece of the West Riding of Yorkshire, Bingley shows up in the Domesday Book of 1086 as "Bingheleia". The Airedale Line, a piece of the Metro (West Yorkshire) railway system passes through Bingley. It is worked by Northern Rail. Bingley railway station still has numerous chronicled peculiarities.

 
 

Bingley Map

Estimated Price: £207,995
Average Asking Price: £226,351
Price change in last one year: £19,644
Average Price Paid: £172,685
Average Rent Rates: £623

 
 

Property Prices Breakdown in Bingley

Average Price for property in Bingley is around £207,995 which varies based on type of property you are interested in and ranges from £344,760 for detached house to around £184,163 for semi-detached. Similarly terraced house is around £149,519 and a flat is worth £143,941. Values have been changing and have risen £2,561 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,072 in last 6 months, £19,644 in last 1 year, £20,418 in last 2 years, £30,933 in last 3 years, £21,279 in last 4 years and £27,954 in last 5 years.

Currently average asking price of a property in Bingley is around £226,351 based on approximately 448 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £623 per month.

Estimated property value in Bingley is £207,995. Average asking price is £226,351 while average price paid is £169,892 which is up by £19,644 and Avg. asking rent £623.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 Bingley area. In last 1 year alone average price buyer paid is around £169,892 based on approximately 448 sales in Bingley area alone. If you compare it to last 3 years sales of 1,181 properties where buyers paid around £168,693. 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 £172,685 for 1,849 and average amount paid for purchase of approx. 2,566 properties sold in last 7 years comes to about £173,651 per sale.

 
 

Properties For Sale in Bingley

 
 

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 £99,524, £146,264 for a 2 bedroom house, £196,675 for a 3 bedroom house, £301,976 for a 4 bedroom house and £553,487 for a 5 bedroom house. For a flat similarly the prices varies from £89,776 for a single bedroom to £128,151 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £177,500. To sum up the asking prices for properties in Bingley it comes to around average £93,387 for 1 bedroom property, £138,415 for 2 bedroom, £196,142 for 3 bedroom, £301,976 for 4 bedroom and £553,487 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 £451 for 1 bedroom to £540 for 2 bedrooms, £589 for 3 bedrooms, £972 for 4 bedrooms and £1,523 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £401. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £399 for 3 bedroom. You should be generally be expecting around average £418 rent per month for single bedroom property, £533 for 2 bedroom, £565 for 3 bedroom, £972 for 4 bedroom and approximately £1,523 for a 5 bedroom property in Bingley area.

Popular Houses in Bingley

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.

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