Halifax

Area Guide For Halifax

Halifax is a minster town, inside the Metropolitan Ward of Calderdale in West Yorkshire, Britain. It has a urban territory populace of 82,056 in the 2001 Enumeration. It is extraordinary as an inside of Britain's woolen assembling from the fifteenth century forward, initially managing through the Halifax Piece Corridor. Halifax is universally well known for its Mackintosh chocolate and toffee (now possessed by Nestlã©), the Halifax Bank (earlier Halifax Building Society), and the adjacent Shibden Corridor. The name is initially recorded in around 1091 in the structure Halyfax, conceivably from the Early English halh-gefeaxe, signifying "range of coarse grass in the alcove of area". This clarification is currently liked to inferences from the Early English halig (blessed), for instance hälig feax (sacred hair), initially proposed by sixteenth century curators. The inaccurate translation offered climb to two neighborhood legends. One concerned a lady murdered by a licentious cleric whose advances she spurned. An alternate held that the head of John the Baptist was covered here after his execution. The legend is probably medieval as opposed to old, however the town's crest still conveys a picture of the paragon of piety.

 
 

Halifax Map

Estimated Price: £144,621
Average Asking Price: £153,632
Price change in last one year: £3,611
Average Price Paid: £137,830
Average Rent Rates: £591

 
 

Property Prices Breakdown in Halifax

Average Price for property in Halifax is around £144,621 which varies based on type of property you are interested in and ranges from £289,208 for detached house to around £150,941 for semi-detached. Similarly terraced house is around £102,872 and a flat is worth £132,637. Values have been changing and have risen £437 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,177 in last 6 months, £3,611 in last 1 year, £10,021 in last 2 years, £18,407 in last 3 years, £9,029 in last 4 years and £8,533 in last 5 years.

Currently average asking price of a property in Halifax is around £153,632 based on approximately 1,477 properties for sale. Same is the case with rental options based on 185 properties up for rent, average asking rent is around £591 per month.

Estimated property value in Halifax is £144,621. Average asking price is £153,632 while average price paid is £138,988 which is up by £3,611 and Avg. asking rent £591.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 Halifax area. In last 1 year alone average price buyer paid is around £138,988 based on approximately 1,477 sales in Halifax area alone. If you compare it to last 3 years sales of 4,289 properties where buyers paid around £137,547. 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 £137,830 for 6,730 and average amount paid for purchase of approx. 9,261 properties sold in last 7 years comes to about £137,175 per sale.

 
 

Properties For Sale in Halifax

 
 

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 £70,512, £98,800 for a 2 bedroom house, £145,468 for a 3 bedroom house, £244,797 for a 4 bedroom house and £303,204 for a 5 bedroom house. For a flat similarly the prices varies from £76,252 for a single bedroom to £105,544 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £150,998 and £149,950 for a 4 bedroom flat. To sum up the asking prices for properties in Halifax it comes to around average £73,305 for 1 bedroom property, £100,223 for 2 bedroom, £145,545 for 3 bedroom, £244,020 for 4 bedroom and £303,204 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 £349 for 1 bedroom to £456 for 2 bedrooms, £568 for 3 bedrooms, £865 for 4 bedrooms and £1,151 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £441. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £482 and £550 for 3 bedroom. You should be generally be expecting around average £403 rent per month for single bedroom property, £466 for 2 bedroom, £566 for 3 bedroom, £865 for 4 bedroom and approximately £1,150 for a 5 bedroom property in Halifax area.

Popular Houses in Halifax

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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