BD8 (Bradford) area guide
BD8
Bradford
The BD8 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bolton and Undercliffe, Bradford, City, Clayton and Fairweather Green, Four Lane Ends, Manningham, Thornton and Allerton, Toller.
Notes:
A Mouseprice property guide for BD8 Bradford is coming soon. In the meantime, please have a look at the raw data and statistics about BD8 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 BD8 is 10227 homes.
The postcode district BD8 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.
Average property prices in this postcode district over the last three months have been approximately £83182.
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 5.5.
New transactions as a percentage of overall sales are 0%.
Housing stock:
If you are specifically looking to buy Terraced Houses, this would be an excellent area for you to explore, with 43.2% of properties being this type.
For those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 5.7% are this type.
The property in this area caters well for retirees and young couples who do not have large families. alt="Bradford property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 21.4%.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is £71875, significantly less then the national average of £187894.
Who lives here:
The population of this postcode district is 27216.
This is one of the youngest places in the country, with an average age of 28.
This area has a high percentage of married people at 30.6%.
Average working hours in this area for men are 39 and for women are 31.
This is one of the most densely populated places in the country, with 49.7 people per square kilometre.
This area has high unemployment at 7.2%. Those in work tend to find jobs in the Wholesale & Retail or Construction sectors.