The results are in, and Bradford is officially one of the fastest areas for selling your home in Yorkshire. That’s according to Rightmove’s monthly House Price Index, which looks at the average time to sell in England’s regions. So, what makes the Wool City in demand? Let’s find out.
How long does it take to sell your home in Bradford?
Whether you’re trying to sell your flat in Bradford or a larger house, according to Rightmove’s monthly House Price Index, it takes a little under two months (59 days) to find a buyer nationally. That’s much less than the national average, which, according to Zoopla, is a little under six months.
Bradford continues to exceed national averages for the velocity of home sales. Fueled by major employers and an energetic urban revitalisation, the city has emerged as a hotspot for buyers eager to stake their claim. Consequently, local sellers who act quickly can expect an intensely competitive market and an excellent chance of securing a sale in less than two months.
Where are the best areas to live in Bradford?
The City Centre appeals to anyone who wants an urban lifestyle, while Saltaire’s village charm suits families. Bingley offers outdoor recreation with the Yorkshire Dales nearby. Shipley is another popular spot with its thriving arts scene. At the same time, upscale Ilkley is one for nature lovers thanks to its position on the edge of the countryside.
Bradford has plenty of diverse neighbourhoods, which all form part of its charm. Some areas, such as Manningham, are more expensive and sought after, while others, like Little Horton, are more affordable. Still, if you own a property in any of these places, you’re likely to find the highest level of demand in the city.
Learn more about the best areas to live in Bradford
Why more people are buying homes in Bradford
A wave of urban regeneration coupled with affordable property prices compared to nearby Leeds make Bradford an increasingly attractive proposition for homebuyers. Major transport upgrades like the Bradford Interchange train station expansion and the new West Yorkshire light rail system are also expanding access and connectivity to the rest of the region.
Business investment has introduced more high-skill jobs in fields like finance, technology and engineering. This drives relocation demand as younger professionals seek homes near new economic hubs. Bradford’s vibrant multiculturalism, thriving craft beer and foodie scene, as well as proximity to the beautiful Yorkshire Dales National Park check the boxes for lifestyle.
Demand is rising among both first-time purchasers and Leeds commuters, spurring predictions that prices will likely be in a healthy position over the next five years. The previous year alone has seen property prices rise by an impressive 8.6%.
How hard is it to sell your home right now?
Even though Bradford is becoming somewhat of a property hotspot, the overall UK market has certainly faced its challenges more recently. After two years of a red-hot housing market fueled by low interest rates and pandemic-driven demand, sellers encountered more headwinds in 2023.
Property price growth slowed marginally in the UK during 2023. This was due to rapid interest rate hikes aimed at taming inflation and a disastrous mini-budget at the end of 2022.
Higher mortgage costs coupled with high asking prices are forcing more buyers out of the market. While this varies locally, national reports show that more homes sit on the market longer before selling as intense bidding wars become less commonplace.
Despite higher barriers to affordability, homes in desirable areas or priced appropriately should still see reasonable demand. But the days of sellers easily getting an asking price or higher without much effort may be over — at least in the short term. Having realistic expectations while targeting motivated buyers can ease the path to a successful sale for sellers.
How quickly does property typically take to sell across the UK?
Again, according to Zoopla, the average time it takes to sell a home across the UK is a little under six months. However, this isn’t set in stone, and it’s not uncommon for homes to sell in around three months. Still, this may be too long for some sellers.
The location also impacts selling speed. Prime areas like Bradford may move quicker, while rural regions tend to have smaller buyer pools. Anyone selling their home should decide on an appropriate asking price, emphasise the property’s appeal and use social media to catalyse interest.
Where are the fastest-selling areas of the UK?
The UK housing market has cooled significantly, with homes now taking much longer to sell compared to the frenzy of the past few years. However, some regions continue to see faster turnaround times than others when exchanging contracts.
Liverpool leads the way
Liverpool tops the list as the fastest-moving property market in England, with typical sellers agreeing to offers in just 17 days, according to data from Zoopla. The broader North West region moves quickly, nearly half the national average of 34 days. Demand remains strong for affordable properties.
Quick flips in Manchester and Salford
Following close behind, homes in Manchester and Salford are in demand as the next fastest-moving markets. Offers are commonly secured in 21 and 23 days, respectively, in these areas where prices sit below regional averages.
Bradford is on the rise
Of course, we can’t forget Bradford. Fifty-nine days to sell a home is impressive. It’s why this Yorkshire city is one of the fastest-moving markets in the UK, battling against slow house sale times in many other parts of the country.
One-bed flats are most in-demand
Across the UK, compact one-bedroom flats are the property type exchanging contracts the fastest thanks to lower asking prices. These appeal to first-time buyers even as rates and prices rise. In contrast, larger detached homes spend longer on the market.
What if I need to sell my home quickly in Bradford?
Even with a faster turnover time for property sales in Bradford, waiting a little under two months is too long for some. Plus, there’s no guarantee that you will sell your home in around 59 days if it goes on the traditional sales market.
For anyone looking for a fast sale in Bradford, We Buy Any Home offers a convenient and reliable cash home-buying solution with no hidden fees. We provide flexible timelines to suit your situation, whether you need to complete the sale of your flat or house in as little as seven days or have more flexibility.
With no estate agent fees or uncertainty over finding a buyer, our team handles everything from valuation to completion. We can even purchase your home as-is, alleviating the hassle and costs of repairs or upgrades. Our simple, transparent process provides a guaranteed sale, which is invaluable when you need to sell quickly in Bradford or anywhere in the UK.
Selling your home in Bradford
With homes selling nearly three times faster than the national average, it’s clear Bradford is one of the hottest property markets around right now. Significant regeneration and infrastructure projects are making the city more appealing while affordable prices compared to Leeds drive relocation. If you want to sell your home in Bradford, contact us for a fair, no-obligation offer and take the first step toward an efficient sale.
