House prices in BD18 2 (Shipley)

This article reveals price per square metre data and various charts to help you understand current housing market in Shipley (BD18 2).


Defining 'BD18 2'

This analysis is limited to properties whose postcode starts with "BD18 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Shipley.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Shipley 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. 60, West Royd Avenue, Shipley, sold for £137,500 on Mar-2024. Given the internal area of 62 square metres, the price per sqm is £2,217.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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 116 sales in Shipley (BD18 2) that took place in the last two years.

Distribution of £ per sqm for Shipley
Distribution of £ per sqm house prices in Shipley

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 Shipley (BD18 2). Of the 116 transactions, half were sold for between £1,410 and £2,180 per square metre. The median, or 'middle', price per square metre in 'BD18 2' is £1,850. Notably, only 25% of properties that sold recently were valued at more than £2,180 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Shipley

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 Shipley. 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 Shipley
House price heatmap for Shipley

Comparison with neighbouring postcode sectors

The table below shows how 'BD18 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BD18 3 Shipley £1,540 sqm £1,990 sqm £2,600 sqm
BD18 4 Shipley £2,360 sqm £2,830 sqm £3,220 sqm
BD18 1 Shipley £2,020 sqm £2,280 sqm £2,580 sqm
BD18 2 Shipley £1,410 sqm £1,850 sqm £2,180 sqm

Will Shipley 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 chart below for BD18 2 (Shipley) compared with both the wider area BD18 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Shipley,Shipley
House price trends for Shipley

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent BD18 2 sales
Recent trends for Shipley

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Shipley to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Shipley 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.

Street level data

Street Avg size Avg £sqm Recent sales
Beck View Way, Shipley, BD18 2F 59 sqm £2,256 18
Greenfield Avenue, Shipley, BD18 2H 77 sqm £1,360 10
Mires Beck Close, Shipley, BD18 2N 85 sqm £2,018 9
Hawthorne Avenue, Shipley, BD18 2J 82 sqm £1,621 8
Clifton Place, Shipley, BD18 2A 87 sqm £1,547 8
Norwood Terrace, Shipley, BD18 2B 114 sqm £1,254 8
Fairbank, Shipley, BD18 2E 62 sqm £1,673 7
Norwood Avenue, Shipley, BD18 2A 103 sqm £1,493 7

Search for your street here.

Raw data

Our analysis of Shipley 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 sqm £/sqm
60, West Royd Avenue, Shipley £137,500
Mar-2024
62 2,217
8, Woodend Square, Shipley £140,000
Mar-2024
61 2,295
40, Beck View Way, Shipley £150,000
Feb-2024
63 2,380

See the entire list of all sales in Shipley (BD18 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.