BD24 (Settle) area guide

BD24
Settle
The BD24 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Gargrave and Malhamdale, Giggleswick, Horton In Ribblesdale, Horton-In-Ribblesdale, Ingleton and Clapham, Langcliffe, Little Stainforth, Malham Moor, Malham Tarn, North Yorkshire, Penyghent, Rathmell, Selside, Settle, Settle and Ribblebanks, Stainforth, Upper Wharfedale.
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Notes:

A Mouseprice property guide for BD24 Settle is coming soon. In the meantime, please have a look at the raw data and statistics about BD24 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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:

Bradford propertyThe size of the property market in BD24 is 2399 homes.

Bradford propertyThe postcode district BD24 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.

Bradford propertyAverage property prices in this postcode district over the last three months have been approximately £206941.

Bradford propertySince 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 9.7.

Bradford propertyNew transactions as a percentage of overall sales are 14.8%.

Housing stock:

Settle propertyTerraced Houses make up the most significant portion of the housing stock, representing 35.6% of the total.

Settle propertyThe least common type of property in this area is Flats (10.9% of the total housing stock).

Settle propertySocially rented accommodation represents 9.6% of the total rented accommodation in the area.

Settle propertyThe majority of property in this area is owner occupied.

Settle propertyThe average price of a two bed property in this area is less that the national average of £187894 at £177128.

Who lives here:

Settle propertyThere are 2539 men and 2646 women in this postcode district.
Settle propertyThis is one of the most “experienced” areas of the country, with an average age of 44.
Settle propertyThis area has a high percentage of married people at 24.5%.
Settle propertyPeople here work very hard – men work, on average, 46 hours per week, whilst women work for 15 hours less.
Settle propertyThis area is relatively rural, with only 0.4 people per square kilometre.
Settle propertyJob prospects in this area are good with low unemployment (1.5%). Most jobs are found in the Wholesale & Retail and Construction sectors.