House prices in Bradford have gone down by an average of over £600, according to the latest figures from the Land Registry.
The latest data from the government department reveals that in November 2022 average house price in Bradford was £177,246.
This was down from £177,847 in October, representing a 0.3 per cent decrease. In the last 12 months it has risen by 9.1 per cent.
It comes as Nationwide Building Society reported that the average UK house price fell by 0.6 per cent in January 2023.
If you are interested in buying or renting a home, you can see the latest properties in and around Bradford here.
How much have house prices decreased in Bradford?
Broken down for specific types of housing, all prices saw a decrease.
- Detached houses - Down to £321,905 from £323,086 in October
- Semi-detached houses - Down to £188,774 from £189,335 in October
- Terraced houses - Down to £145,651 from £146,060 in October
- Flats - Down to £115,224 from £116,092 in October
How do Bradford house prices compare to the UK average?
The fall in prices means Bradford is still well below the UK average. The typical property value in the nation reached £294,910 in the same time period.
In cash terms, the average house price in November was £27,540 higher than a year earlier - with house price growth accelerating to 10.3 per cent in November 2022. Prices were down by -0.3 per cent month on month.
How much could your house be worth?
We have created this map for the Yorkshire and The Humber so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Bradford are the most expensive for average house prices.
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