THE areas in Bradford where home sellers have been reducing their prices the most have been revealed.
Tracking 1,210 property transactions between July 2020 and July 2021, the monthly updated asking versus sold price difference tool shows the average differences between asking prices on Rightmove and their actual sold prices lodged at the HM Land Registry.
The data, from professional we buy any house firm Property Solvers, effectively monitors the entire house sale process from initial listing, viewings, negotiation, offers, agreement through to the survey process, conveyancing, exchange and finally completion.
The biggest price discounts in Bradford were seen in the BD9 (Bradford) postcode. Across this region, 9 sellers were knocking off an average of £-7,827 (or -4.75%) from the initial asking price in the 12 months to July 2021.
Over the same period, the lowest hits on price were seen in BD5 (Bradford), where 16 home sellers reduced their properties by an average of £-2,481 (or -2.41%) to get the sale going.
Here are the stats:
Largest House Price Drops (Between July 2020 and July 2021) in the Bradford (BD) Postcode:
Key: Postcode (Area); Avg. Asking Price; Avg. Sold Price; Avg. Price Difference; Avg. Price %; No. of Properties:
- BD9 (Bradford): £172,766; £164,939; £-7,827; -4.75%; 9.
- BD7 (Bradford): £134,887; £127,891; £-6,996; -5.47%; 37.
- BD19 (Cleckheaton): £234,802; £228,581; £-6,221; -2.72%; 60.
- BD10 (Bradford): £200,442; £194,289; £-6,153; -3.17%; 76.
- BD22 (Keighley): £169,180; £163,089; £-6,091; -3.73%; 81.
- BD6 (Bradford): £136,930; £131,528; £-5,402; -4.11%; 62.
- BD20 (Keighley) : £236,588; £231,221; £-5,367; -2.32%; 115.
- BD3 (Bradford): £105,926; £100,568; £-5,358; -5.33%; 28.
- BD17 (Shipley): £260,381; £255,223; £-5,158; -2.02%; 85.
- BD13 (Bradford): £181,635; £176,578; £-5,057; -2.86%; 74.
Smallest House Price Drops (Between July 2020 and July 2021) in the Bradford (BD) Postcode:
Key: Postcode (Area); Avg. Asking Price; Avg. Sold Price; Avg. Price Difference; Avg. Price %; No. of Properties:
- BD5 (Bradford): £105,496; £103,015; £-2,481; -2.41%; 16.
- BD24 (Settle): £307,450; £304,450; £-3,000; -0.99%; 11.
- BD23 (Skipton): £245,462; £242,284; £-3,178; -1.31%; 81.
- BD14 (Bradford): £146,694; £143,474; £-3,220; -2.24%; 20.
- BD4 (Bradford): £157,781; £154,399; £-3,382; -2.19%; 43.
- BD8 (Bradford): £135,686; £131,713; £-3,973; -3.02%; 15.
- BD11 (Bradford): £218,763; £214,681; £-4,082; -1.90%; 32.
- BD12 (Bradford): £158,123; £153,723; £-4,400; -2.86%; 46.
- BD21 (Keighley): £125,577; £121,074; £-4,503; -3.72%; 36.
- BD2 (Bradford): £146,382; £141,789; £-4,593; -3.24%; 76.
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