Market conditions - Bradford

Understanding your local housing market

The balance of supply and demand

Rent levels in Bradford 

Understanding your local housing market

Before getting into details about housing, it is important to look at the "big picture". You are entering the housing market, maybe for the first time. Whether you are going to live in university or private sector accommodation, what you can rent will be largely determined by the characteristics of your local housing market, in particular:

  • how expensive it is to live in your area
  • whether there is a surplus or shortage of housing

Whether there is enough good quality housing will determine:

  • when you should start looking
  • how much you can expect to pay
  • what scope there is to negotiate
  • what kind of property you can expect to rent

The balance of supply and demand 

The supply and demand balance in the housing market currently reflects a significant surplus. (Please note, however, that the balance will vary according to the time of year. For instance, there is never a housing shortage at the beginning of the letting year.)
The number of students housed directly by the institutions in Bradford is 1,119.
The number of bed spaces in the private sector is around 4,100.
Overall demand for PRS accommodation is 2,681

Rent levels in Bradford

To give you some idea of the housing market, here are a few indicators:

  • Although rents vary, the average for the area is £49.23, which in comparative terms makes it a low cost housing area
  • The table below shows, for 2017/18, average rents for different types of property (the costs are given as per person per week.)
Property Type  Average Rent
Private Hall £85.00
Self-Contained Flat £55.00
Shared House £49.23
Small house £90.00
Room in owners home £74.00