Key indicators for buyers
The BD99 market is moderately favourable for buyers. Prices are rising at 713.7%, which may favour acting sooner rather than later. Affordability has improved from a peak of 6.0x in 2007 to 5.2x today. Rising rents (£732/mo, +3.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
The average property in BD99 sold for £8,300,000 in 2017, with a median of £8,300,000 across 1 transactions. Prices rose 713.7% compared to the previous year.
House price ÷ median earnings · ONS data
Affordability data shown for wider Bradford area
A home in Bradford costs 5.2x the local median salary — moderate, improving from a peak of 6.0x in 2007.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Bradford area
Average monthly rent in Bradford is £732, up 3.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Bradford price of £8,300,000 with a 25% deposit (£2.1M), a 2-year fixed mortgage at 3.97% costs around £32,755 per month.
Monthly cost comparison based on current data
Uses BD99 avg. price with Bradford rental data
Monthly mortgage payments (£32,755) are £32,023 more than renting (£732). However, buying requires an upfront deposit of £2.1M — it would take around 172917 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
18, CANAL ROAD BD99 4XB | Other | £8,300,000 | 24 Jan 2017 |
18, CANAL ROAD BD99 4YX | Other | £1,020,000 | 10 Oct 2014 |
The most recent recorded sale in BD99 was a other property on Canal Road for £8,300,000 in January 2017. Across the last 2 sales, the median price was £8,300,000.
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.