# House prices in BD4 8 (Bradford)

## Defining 'BD4 8'

This analysis is limited to properties whose postcode starts with "BD4 8", 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. 41, Westbury Street, Bradford, sold for £130,000 on Mar-2024. Given the internal area of 105 square metres, the price per sqm is £1,238.

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 109 sales in Bradford (BD4 8) 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 (BD4 8). Of the 109 transactions, half were sold for between £1,100 and £1,900 per square metre. The median, or 'middle', price per square metre in 'BD4 8' is £1,410. Notably, only 25% of properties that sold recently were valued at more than £1,900 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

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.

## Comparison with neighbouring postcode sectors

The table below shows how 'BD4 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BD4 7 Bradford £880 sqm £1,110 sqm £1,660 sqm
BD4 8 Bradford £1,100 sqm £1,410 sqm £1,900 sqm
BD4 9 Bradford £1,010 sqm £1,200 sqm £1,420 sqm
BD4 6 Bradford £1,520 sqm £1,970 sqm £2,340 sqm
BD4 0 Bradford £1,190 sqm £1,920 sqm £2,360 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 BD4 8 (Bradford) compared with both the wider area BD4 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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 BD4 8 sales

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
Tyersal Avenue, Bradford, BD4 8H 77 sqm £1,666 13
Woolcombers Way, Bradford, BD4 8J 66 sqm £1,449 13
Keswick Street, Bradford, BD4 8P 80 sqm £997 11
Mill Race Lane, Bradford, BD4 8D 91 sqm £1,707 11
Beverley Street, Bradford, BD4 8P 77 sqm £1,087 11
Tyersal Terrace, Bradford, BD4 8H 82 sqm £1,844 11
Fairbairn Fold, Bradford, BD4 8D 73 sqm £1,668 10

## 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.