Feb 07, 2023 by HM

House prices in Silsden (BD20 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Silsden (BD20 0).


Price per square metre

Knowing the average house price in Silsden 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. 59, Waterside, Silsden, sold for £525,000 on Sep-2023. Given the internal area of 133 square metres, the price per sqm is £3,947.

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 169 sales in Silsden (BD20 0) that took place in the last two years.

Distribution of £ per sqm for Silsden (BD20 0)
Distribution of £ per sqm house prices in Silsden

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 Silsden (BD20 0). Of the 169 transactions, half were sold for between £2,180 and £3,270 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,270m2. 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 'BD20 0' is £2,740. The table below shows how 'BD20 0' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BD20 5 Riddlesden £2,070m2 £2,450m2 £2,880m2
BD20 6 Steeton £1,720m2 £2,330m2 £2,890m2
BD20 7 Sutton In Craven £2,210m2 £2,660m2 £3,190m2
BD20 8 Glusburn £2,300m2 £2,950m2 £3,430m2
BD20 0 Silsden £2,180m2 £2,740m2 £3,270m2
BD20 9 Silsden £2,370m2 £2,850m2 £3,260m2

Will Silsden 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 BD20 0 (Silsden). 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 BD20 0 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Silsden (BD20 0) over time
House price trends for Silsden

Hover on any blue dot to see details of specific sales

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

Price map for Silsden

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 Silsden. 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.

Property price heatmap for Silsden
House price heatmap for Silsden

Street level data

Street Avg size Avg £/m2 Recent sales
Bolton Road, Silsden, BD20 0J 105m2 £1,627 14
Tufton Street, Silsden, BD20 0P 68m2 £2,171 13
Cornwall Avenue, Silsden, BD20 0D 83m2 £2,721 12
Aire View, Silsden, BD20 0A 69m2 £1,618 11
Hainsworth Road, Silsden, BD20 0E 103m2 £1,860 9
Millfields, Silsden, BD20 0D 57m2 £2,968 9
Howden Road, Silsden, BD20 0J 112m2 £3,064 9
Airedale Mews, Silsden, BD20 0A 60m2 £2,793 8

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
High Banks, Silsden, BD20 0F 125m2 £2,814 15
Fulton Crescent, Silsden, BD20 0F 101m2 £2,699 20

High Banks, Silsden, BD20 0F has seen 15 new build sales in the last 4 years (average price £312,342). These new build homes typically have an internal area of 125 m2, with an average price of £2,814 m2. This £sqm average is £74 above the average for BD20 0. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Silsden 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
59, Waterside, Silsden £525,000
Sep-2023
133 3,947
4, The Mallards, Silsden £370,000
Aug-2023
81 4,567
7, Monkmans Wharf, Silsden £127,000
Aug-2023
51 2,490

See the entire list of all sales in Silsden (BD20 0) 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.