Are you trying to figure out where the best place to live in Bradford is?
A postcode in the city has been revealed as one of the cheapest in Britain when it comes to buying a house, according to new data.
Bradford city centre and the BD1 postcode were the second cheapest, with the area in West Yorkshire having an average house price of £64,960 from January 2023 to January 2024.
With constant inflation rises, the opportunity for first-time buyers to get a mortgage offer that is affordable and reasonable is becoming more difficult.
This is leaving people either not moving out at all or paying to rent a place instead, meaning they have to push their property dreams aside.
Responding to this ongoing change, Online Marketing Surgery and Cardinal Steels have created their House Postcode Report, which ranked postcodes in Britain based on their average house price using data from the HM Land Registry.
Barkerend and the BD3 postcode which is an inner-city area in Bradford also featured in the top 20 list of cheapest places to buy a house with an average house price of £100,923.
Additionally, Bankfoot (BD5) ranked highly with an average house price of £110,330 over the last year.
Hainworth (BD21) near Keighley was also listed as one of the UK’s 20 cheapest postcodes as it was found to have an average house price of £116,673.
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UK’s 20 cheapest postcodes revealed
Here are the current 20 cheapest postcodes when it comes to buying a house in the UK, along with their average house prices, according to Online Marketing Surgery and Cardinal Steels:
- Middlehaven, North Yorkshire (TS2) - £49,833
- Bradford city centre, West Yorkshire (BD1) - £64,960
- Middlesbrough town centre, North Yorkshire (TS1) - £68,837
- Brambles Farm, North Yorkshire (TS3) - £83,838
- Shildon, County Durham (DL4) - £86,993
- Moor Row, Cumbria (CA24) - £98,083
- Ferndale, Mid Glamorgan (CF43) - £99,001
- Easington, County Durham (SR8) - £100,112
- Barkerend, West Yorkshire (BD3) - £100,923
- Chopwell, Tyne and Wear (NE17) - £102,771
- New Tredegar, Gwent (NP24) - £104,214
- Ferryhill, County Durham (DL17) - £104,387
- Doncaster town centre, South Yorkshire (DN1) - £107,967
- Bankfoot, West Yorkshire (BD5) - £110,330
- Usworth, Tyne and Wear (NE37) - £112,523
- Trimdon Station, County Durham (TS29)- £113,578
- Dipton, County Durham (DH9) - £114,487
- Hainworth, West Yorkshire (BD21) - £116,673
- Treorchy, Mid Glamorgan (CF42) - £116,949
- Anfield, Merseyside (LA4 + LA5 + LA6) - £117,274
Taking the top spot just above the BA1 postcode in Bradford was Middlehaven and the TS2 postcode area in Middlesbrough.
This ranked as the cheapest postcode in the UK to buy a house with an average house price of just £49,833.
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