# House prices in BD18 4 (Shipley)

## Defining 'BD18 4'

This analysis is limited to properties whose postcode starts with "BD18 4", 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. 12, Grosvenor Avenue, Shipley, sold for £374,500 on Apr-2024. Given the internal area of 136 square metres, the price per sqm is £2,753.

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. £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 183 sales in Shipley (BD18 4) 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 4). Of the 183 transactions, half were sold for between £2,350 and £3,230 per square metre. The median, or 'middle', price per square metre in 'BD18 4' is £2,840. Notably, only 25% of properties that sold recently were valued at more than £3,230 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.

House price heatmap for Shipley

## Comparison with neighbouring postcode sectors

The table below shows how 'BD18 4' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BD18 3 Shipley £1,540 sqm £1,990 sqm £2,590 sqm
BD18 4 Shipley £2,350 sqm £2,840 sqm £3,230 sqm
BD18 2 Shipley £1,400 sqm £1,850 sqm £2,190 sqm
BD18 1 Shipley £2,020 sqm £2,270 sqm £2,580 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 4 (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 4 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
Avondale Road, Shipley, BD18 4Q 98 sqm £2,462 25
Branksome Drive, Shipley, BD18 4B 88 sqm £2,489 15
Whitlam Street, Shipley, BD18 4P 54 sqm £3,123 14
Grosvenor Road, Shipley, BD18 4R 107 sqm £2,455 12
Moorhead Crescent, Shipley, BD18 4L 96 sqm £2,871 11
Nab Wood Drive, Shipley, BD18 4E 86 sqm £2,406 11
Nab Wood Crescent, Shipley, BD18 4H 96 sqm £2,686 10
Fairmount Park, Shipley, BD18 4E 79 sqm £3,007 8

## 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.