Feb 07, 2023 by HM

House prices in Oakenshaw (BD12 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Oakenshaw (BD12 7).


Defining 'BD12 7'

This analysis is limited to properties whose postcode starts with "BD12 7", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Oakenshaw is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 587, Bradford Road, Oakenshaw, Wyke, sold for £410,000 on Feb-2024. Given the internal area of 141 square metres, the price per sqm is £2,907.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £1,900-£2,000, £2,000-£2,100, £2,100-£2,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 58 sales in Oakenshaw (BD12 7) that took place in the last two years.

Distribution of £ per sqm for Oakenshaw (BD12 7)
Distribution of £ per sqm house prices in Oakenshaw

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Oakenshaw (BD12 7). Of the 58 transactions, half were sold for between £1,480 and £2,560 per square metre. The median, or 'middle', price per square metre in 'BD12 7' is £2,070. Notably, only 25% of properties that sold recently were valued at more than £2,560m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Oakenshaw

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Oakenshaw. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Oakenshaw
House price heatmap for Oakenshaw

Comparison with neighbouring postcode sectors

The table below shows how 'BD12 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BD12 0 Low Moor £1,400m2 £1,870m2 £2,400m2
BD12 8 Wyke £1,400m2 £1,650m2 £2,230m2
BD12 9 Wyke £1,590m2 £2,170m2 £2,630m2
BD12 7 Oakenshaw £1,480m2 £2,070m2 £2,560m2

Will Oakenshaw house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BD12 7 (Oakenshaw). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BD12 7 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Oakenshaw (BD12 7) over time
House price trends for Oakenshaw

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Oakenshaw and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Oakenshaw data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Cleckheaton Road, Oakenshaw, BD12 7A 85m2 £1,738 17
Bradford Road, Oakenshaw, BD12 7D 81m2 £1,277 9
Wyke Lane, Oakenshaw, BD12 7E 132m2 £1,855 8
South Street, Oakenshaw, BD12 7D 78m2 £1,953 6
Ing Field, Oakenshaw, BD12 7E 81m2 £2,409 6
Bradford Road, Oakenshaw, BD12 7E 99m2 £2,528 6
Frogmoor Avenue, Oakenshaw, BD12 7A 92m2 £2,239 6
Teasel Close, Oakenshaw, BD12 7D 82m2 £2,202 6

Search for your street here.

Raw data

Our analysis of Oakenshaw is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid m2 £/m2
587, Bradford Rd, Oakenshaw, Wyke £410,000
Feb-2024
141 2,907
786, Cleckheaton Rd, Oakenshaw, Wyke £160,000
Jan-2024
75 2,133
7, Dye House Rd, Oakenshaw, Wyke £210,000
Dec-2023
69 3,043

See the entire list of all sales in Oakenshaw (BD12 7) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.