Postcode District:
BD1
Postcode District Name:
Bradford
Location:
The BD1 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bolton and Undercliffe, Bowling and Barkerend, Bradford, City, Little Horton, Manningham.
|
Amenities:
Notes:
If you have any comments about BD1 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about BD1" section.
A Mouseprice property guide for BD1 Bradford is coming soon. In the meantime, please have a look at the raw data and statistics about BD1 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
 The size of the property market in BD1 is 584 homes.
The postcode district BD1 has been experiencing annual growth of 14.6% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
Over the last 3 months, the average property value for this postcode district has been £130128.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 6.4.
New transactions as a percentage of overall sales are 43.6%.
Housing stock:
Over half of the properties in the area are Flats, at 78.1% of the total housing stock.
For those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 2.1% are this type.
The property in this area caters well for retirees and young couples who do not have large families.
A high proportion of property in this area is socially rented.
A lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market.
The average price of a two bed property in this area is £112500, significantly less then the national average of £187894.
Who lives here:
There are 626 men and 495 women in this postcode district.
This is one of the youngest places in the country, with an average age of 29.
Single people make up 42.5% of the population in this postcode district.
Average working hours in this area for men are 40 and for women are 34.
This area has 10.9 people per square kilometre.
This area has high unemployment at 11.5%. Those in work tend to find jobs in the Health & Social Work or Wholesale & Retail sectors.
|