House prices in BD2 3 (Bradford)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BD2 3' (Bradford) - statistics were last calculated on 30 June 2024.


Defining 'BD2 3'

This analysis is limited to properties whose postcode starts with "BD2 3", 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 Bradford.

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 Bradford 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. 22, Loxley Close, Bradford, sold for £180,000 on May-2024. Given the internal area of 118 square metres, the price per sqm is £1,525.

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 199 sales in Bradford (BD2 3) that took place in the last two years.

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

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 Bradford (BD2 3). Of the 199 transactions, half were sold for between £1,360 and £2,070 per square metre. The median, or 'middle', price per square metre in 'BD2 3' is £1,760. Notably, only 25% of properties that sold recently were valued at more than £2,070 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 Bradford

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 Bradford. 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 Bradford
House price heatmap for Bradford

Comparison with neighbouring postcode sectors

The table below shows how 'BD2 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BD2 3 Bradford £1,360 sqm £1,760 sqm £2,070 sqm
BD2 2 Bradford £1,610 sqm £2,020 sqm £2,500 sqm
BD2 4 Bradford £1,480 sqm £1,960 sqm £2,310 sqm
BD2 1 Bradford £1,670 sqm £2,090 sqm £2,480 sqm

Will Bradford 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 BD2 3 (Bradford) compared with both the wider area BD2 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 Bradford,Bradford
House price trends for Bradford

Download time series data as CSV (paying users only).

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 BD2 3 sales
Recent trends for Bradford

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 Bradford 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 Bradford 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
Moorside Road, Bradford, BD2 3H 78 sqm £1,777 17
Hazelcroft, Bradford, BD2 3T 66 sqm £2,331 17
Wharncliffe Drive, Bradford, BD2 3S 68 sqm £1,692 16
Leafield Avenue, Bradford, BD2 3S 74 sqm £2,076 14
Leeds Road, Bradford, BD2 3B 89 sqm £1,968 13
Loxley Close, Bradford, BD2 3H 111 sqm £1,779 12
Undercliffe Road, Bradford, BD2 3B 79 sqm £1,466 12
Dudley Hill Road, Bradford, BD2 3D 93 sqm £1,455 12

Search for your street here.

Raw data

Our analysis of Bradford 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
22, Loxley Close, Bradford £180,000
May-2024
118 1,525
35, Leafield Drive, Bradford £140,000
May-2024
63 2,222
314, Dudley Hill Rd, Bradford £142,200
Apr-2024
81 1,755

See the entire list of all sales in Bradford (BD2 3) 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.