Feb 07, 2023 by HM

House prices in Wyke (BD12 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Wyke (BD12 9).

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Price per square metre

Knowing the average house price in Wyke 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. 114, Town Gate, Wyke, sold for £77,500 on Aug-2023. Given the internal area of 88 square metres, the price per sqm is £880.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 110 sales in Wyke (BD12 9) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Wyke (BD12 9). Of the 110 transactions, half were sold for between £1,590 and £2,540 per square metre. Notably, only 25% of properties that sold recently were valued at more than £2,540m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BD12 9' is £2,140. The table below shows how 'BD12 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BD12 7 Oakenshaw	£1,520m2	£1,950m2	£2,300m2
BD12 0 Low Moor	£1,400m2	£1,880m2	£2,370m2
BD12 8 Wyke	£1,360m2	£1,640m2	£2,110m2
BD12 9 Wyke	£1,590m2	£2,140m2	£2,540m2

Will Wyke 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 9 (Wyke). 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 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Wyke 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 Wyke data or any other data I am given.

Price map for Wyke

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Wyke. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Wyke

Street level data

Street	Avg size	Avg £/m2	Recent sales
Wilson Road, Wyke, BD12 9H	69m2	£1,507	16
Garden Field, Wyke, BD12 9N	56m2	£1,336	12
Wyke Lane, Wyke, BD12 9E	84m2	£1,710	11
Ashley Road, Wyke, BD12 9J	84m2	£2,065	9
Wyke Crescent, Wyke, BD12 9A	90m2	£1,945	9
Town Gate, Wyke, BD12 9J	79m2	£1,241	8
Whitehall Road, Wyke, BD12 9D	124m2	£2,220	8
Lower Wyke Lane, Wyke, BD12 9A	156m2	£2,285	7

Search for your street here.

Raw data

Our analysis of Wyke 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
114, Town Gate, Wyke	£77,500 Aug-2023	88	880
124, Town Gate, Wyke	£110,000 Aug-2023	99	1,111
3, Stable Fold, Wyke	£155,500 Aug-2023	61	2,549

See the entire list of all sales in Wyke (BD12 9) here.