Feb 07, 2023 by HM

House prices in Bradshaw (BL2 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Bradshaw (BL2 3).


Defining 'BL2 3'

This analysis is limited to properties whose postcode starts with "BL2 3", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Bradshaw 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. 53, Timberbottom, Bradshaw, Bolton, sold for £320,000 on Feb-2024. Given the internal area of 148 square metres, the price per sqm is £2,162.

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 236 sales in Bradshaw (BL2 3) that took place in the last two years.

Distribution of £ per sqm for Bradshaw (BL2 3)
Distribution of £ per sqm house prices in Bradshaw

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 Bradshaw (BL2 3). Of the 236 transactions, half were sold for between £2,170 and £3,300 per square metre. The median, or 'middle', price per square metre in 'BL2 3' is £2,810. Notably, only 25% of properties that sold recently were valued at more than £3,300m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Bradshaw

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 Bradshaw. 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 Bradshaw
House price heatmap for Bradshaw

Comparison with neighbouring postcode sectors

The table below shows how 'BL2 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BL2 4 Bradshaw £2,660m2 £2,900m2 £3,490m2
BL2 1 Bolton £1,520m2 £1,980m2 £2,640m2
BL2 6 Bradley Fold £1,540m2 £2,020m2 £2,610m2
BL2 5 Ainsworth £1,650m2 £2,210m2 £2,800m2
BL2 2 Bolton £1,320m2 £1,630m2 £2,030m2
BL2 3 Bradshaw £2,170m2 £2,810m2 £3,300m2

Will Bradshaw 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 BL2 3 (Bradshaw). 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 BL2 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Bradshaw (BL2 3) over time
House price trends for Bradshaw

Hover on any blue dot to see details of specific sales

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

Street level data

Street Avg size Avg £/m2 Recent sales
Tonge Moor Road, Bradshaw, BL2 3B 83m2 £1,480 39
Turton Road, Bradshaw, BL2 3D 84m2 £1,953 25
Longsight, Bradshaw, BL2 3H 89m2 £2,002 18
Rigby Lane, Bradshaw, BL2 3E 118m2 £2,074 17
Dewhurst Road, Bradshaw, BL2 3N 81m2 £3,277 13
Manor Gardens, Bradshaw, BL2 3D 56m2 £2,971 12
South Drive, Bradshaw, BL2 3N 83m2 £2,474 12
Laburnum Park, Bradshaw, BL2 3B 83m2 £2,600 11

Search for your street here.

Raw data

Our analysis of Bradshaw 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
53, Timberbottom, Bradshaw, Bolton £320,000
Feb-2024
148 2,162
58, South Drive, Bradshaw, Bolton £220,000
Jan-2024
69 3,188
21, Rusland Drive, Bradshaw, Bolton £275,000
Jan-2024
95 2,894

See the entire list of all sales in Bradshaw (BL2 3) 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.