THE latest housing market data has revealed the areas of Bradford where houses sell fastest, and also where you are most able to bag a bargain.
The latest insights, compiled by online estate agents Property Solver, reveal that on average it takes more than three months (14.6 weeks) for a house to sell across the district.
It also revealed that on average, houses in the Bradford district sell for £5,410 less than their asking price.
However, there are some areas where houses sell much quicker (or slower), and where the price you pay is likely to be much less than the asking price.
Houses in the BD9 area of the district, which encompasses Heaton, Frizinghall and Chellow Heights, sell the fastest in Bradford, taking just nine weeks.
This is compared to houses in BD15 (Allerton and Wilsden) where it takes almost double the length of time, 17 weeks.
The bulk of the district sits around the 14 to 16 week point, apart from BD5 (Little Horton, Bankfoot, West Bowling, Canterbury) where it takes 12 weeks on average.
As well as being the area with the fastest sales, BD9 is also the part of the district where houses go the cheapest, selling for £13,333 less than the asking price, on average.
LS29 (Ilkley, Addingham, Menston, Burley-in-Wharfedale) was second, with the difference in prices at £8,791, followed by BD7 (Great Horton, Scholemoor, Lidget Green) where the difference between actual and asking price is £7,147.
At the other end of the scale, sits BD11 (Birkenshaw, Drighlington) where houses go for only £2,550 less than the asking price on average. It’s followed by BD4 (Holme Wood, Bierley, East Bierley, Laisterdyke, Tyersal, Tong) where the difference sits at £2,812 on average.
The average house price in the Bradford district currently stands at £195,282 according to Rightmove, an eight per cent rise on the year before and up 11 per cent from 2018.
For terraced houses, which made up the majority of house sales in the district, the average price was £146,483, while for semi-detached properties the figure is £183,937, and for detached houses it shoots up to £354,504.
There are more than 2,000 properties listed for sale in the district on Rightmove right now, ranging from a one-bed flat in Colonnade House in Sunbridge Road which is up for auction with a starting price of £5,000, to a six-bedroom detached house in Menston for £2.75 million which almost featured on Channel 4’s Grand Designs.
Here are the average number of weeks taken for a house sale, and the difference between asking price and actual price, for each part of Bradford:
BD1 - no data available
BD2 - 16 (weeks to sell), -£5,042 (difference in asking and actual prices)
BD3 - 14, -£5,887
BD4 - 16, -£2,812
BD5 - 12, -£3,336
BD6 - 15, -£3,664
BD7 - 14, -£7,147
BD8 - 14, -£4,762
BD9 - 9, -£13,333
BD10 - 14, -£6,019
BD11 - 15, -£2,550
BD12 - 16, -£4,657
BD13 - 15, -£5,717
BD14 - 15, -£3,276
BD15 - 17, -£4,779
BD16 - 14, -£6,902
BD17 - 14, -£5,036
BD18 - 15, -£5,987
BD19 - 16, -£4,712
BD20 - 16, -£5,496
BD21 - 15, -£4,714
BD22 - 15, -£4,400
LS29 - 15, -£8,791