Feb 07, 2023 by HM

House prices in Glusburn (BD20 8)

This article reveals price per square metre data and various charts to help you understand current housing market in Glusburn (BD20 8).

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Price per square metre

Knowing the average house price in Glusburn 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. 10, King Street, Glusburn, Silsden, sold for £180,000 on Sep-2023. Given the internal area of 58 square metres, the price per sqm is £3,103.

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. £2,350-£2,500, £2,500-£2,650, £2,650-£2,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 146 sales in Glusburn (BD20 8) 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 Glusburn (BD20 8). Of the 146 transactions, half were sold for between £2,300 and £3,430 per square metre. Notably, only 25% of properties that sold recently were valued at more than £3,430m². 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 8' is £2,950. The table below shows how 'BD20 8' 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 Glusburn 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 8 (Glusburn). 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 8 and the blue dots are the individual property sales that inform this trend.

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

Price map for Glusburn

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 Glusburn. 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 Glusburn

Street level data

Street	Avg size	Avg £/m2	Recent sales
Main Street, Glusburn, BD20 8L	110m2	£2,898	13
Aire View, Glusburn, BD20 8J	71m2	£2,724	10
Heywood Drive, Glusburn, BD20 8B	87m2	£2,087	10
Woodside Lane, Glusburn, BD20 8P	197m2	£2,477	9
Airedale Ings, Glusburn, BD20 8L	122m2	£2,246	9
Ryeland Street, Glusburn, BD20 8S	103m2	£1,901	9
Croft Street, Glusburn, BD20 8Q	71m2	£2,099	8
Skipton Road, Glusburn, BD20 8N	107m2	£3,172	7

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Greens Mill Court, Glusburn, BD20 8F	83m2	£3,114	49
Jackson Row, Glusburn, BD20 8F	101m2	£2,698	20
Haw Croft, Glusburn, BD20 8F	110m2	£3,406	12

Greens Mill Court, Glusburn, BD20 8F has seen 49 new build sales in the last 4 years (average price £252,716). These new build homes typically have an internal area of 83 m2, with an average price of £3,114 m2. This £sqm average is £164 above the average for BD20 8. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Glusburn 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
10, King St, Glusburn, Silsden	£180,000 Sep-2023	58	3,103
17, Beech St, Glusburn, Silsden	£189,950 Aug-2023	68	2,793
26, Park Rd, Glusburn, Silsden	£975,000 Aug-2023	390	2,500

See the entire list of all sales in Glusburn (BD20 8) here.