IT is taking an average of 16 weeks to sell a property within the Bradford district, according to a study.

Professional house buying firm Property Solvers’ speed of sale tool has revealed that it’s taking an average of 16.07 weeks to sell a property in the Bradford (BD) postcodes.

Updated monthly, the latest dataset analysed over 918 property sales across the region between February 2020 and February 2021.

The statistics track the moment a property is listed on the UK’s largest property portal Rightmove to the point it’s marked as officially ‘sold’ at the HM Land Registry.

In the BD15 and BD20 postcodes, out of the 83 tracked properties in the 12 months to February 2020, home sellers were waiting 129 days on average from listing to completion.

Properties were selling the fastest in the BD7, BD8, BD9 and BD16 postcodes. A total of 88 homes in these areas took 96 days to sell on average.

Ruban Selvanayagam, Property Solvers co-founder, said: “Although buyer demand hasn’t waned over the course of the pandemic, the length of time for transactions to complete has certainly lengthened.

“Operational activity has still pretty much continued, but the home sales industry – like many others – has had to learn to adapt over the last year. “Many solicitors, mortgage brokers and other professionals in our sector have been working from home which has often resulted in administrative and other operational delays.

“However, with positive news around the vaccine roll-out, as more people gradually return to offices and agencies, we’re cautiously optimistic about things picking up over the course of the year.”