Bradford

Area Guide For Bradford

The Curry Capital of Britain, Bradford is a district which is reinventing itself and emerging as a new entity from its industrial past. The demographic composition of the area brings a lot of diversity, with a major chunk of the population from Asian countries. There are also two UNESCO sites here, and a cultural mix unlike any other city or district in the country. You can be walking from one area to another to discover a completely new place with different people and outlooks. If you are one for mingling with different cultures and experiencing something new, you can’t go wrong with Bradford.

 
 

Bradford Map

Estimated Price: £123,660
Average Asking Price: £139,972
Price change in last one year: £4,432
Average Price Paid: £112,959
Average Rent Rates: £563

 
 

Property Prices Breakdown in Bradford

Average Price for property in Bradford is around £123,660 which varies based on type of property you are interested in and ranges from £227,968 for detached house to around £125,133 for semi-detached. Similarly terraced house is around £93,713 and a flat is worth £103,908. Values have been changing and have risen £53 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £220 in last 6 months, £4,432 in last 1 year, £10,793 in last 2 years, £8,573 in last 3 years, £6,924 in last 4 years and £5,520 in last 5 years.

Currently average asking price of a property in Bradford is around £139,972 based on approximately 2,991 properties for sale. Same is the case with rental options based on 989 properties up for rent, average asking rent is around £563 per month.

Estimated property value in Bradford is £123,660. Average asking price is £139,972 while average price paid is £114,235 which is up by £4,432 and Avg. asking rent £563.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 Bradford area. In last 1 year alone average price buyer paid is around £114,235 based on approximately 2,991 sales in Bradford area alone. If you compare it to last 3 years sales of 8,763 properties where buyers paid around £112,753. 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 £112,959 for 14,260 and average amount paid for purchase of approx. 20,607 properties sold in last 7 years comes to about £114,653 per sale.

 
 

Properties For Sale in Bradford

 
 

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 £67,806, £94,519 for a 2 bedroom house, £125,858 for a 3 bedroom house, £199,758 for a 4 bedroom house and £267,818 for a 5 bedroom house. For a flat similarly the prices varies from £65,306 for a single bedroom to £89,208 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £102,912 and £199,999 for a 5 bedroom flat. To sum up the asking prices for properties in Bradford it comes to around average £66,783 for 1 bedroom property, £93,978 for 2 bedroom, £125,720 for 3 bedroom, £199,758 for 4 bedroom and £267,166 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 £395 for 1 bedroom to £429 for 2 bedrooms, £496 for 3 bedrooms, £526 for 4 bedrooms and £528 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £481, £473 for 3 bedroom and £430 for 4 bedroom. You should be generally be expecting around average £398 rent per month for single bedroom property, £451 for 2 bedroom, £494 for 3 bedroom, £511 for 4 bedroom and approximately £528 for a 5 bedroom property in Bradford area.

Popular Houses in Bradford

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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