# BD1 5RE Area Summary
BD1 5RE covers part of Bradford city centre, specifically an area characterised predominantly by apartment living and urban accommodation. With 126 properties in the dataset and an average price of just **£54,381**, this postcode represents one of the most affordable residential areas in Bradford and indeed across West Yorkshire. This exceptionally low average price point is typically indicative of a market dominated by smaller flats, studio apartments, and potentially ex-local authority properties or buildings requiring modernisation.
The area's affordability makes it particularly attractive to first-time buyers, buy-to-let investors targeting the budget rental market, and students seeking city centre accommodation. Bradford city centre has undergone various regeneration efforts in recent years, and properties in BD1 5RE offer accessible entry points into the property market. However, the low price point may also reflect challenges such as limited property sizes, higher service charges in apartment blocks, or the need for refurbishment in older buildings. Potential buyers should consider ongoing maintenance costs and the specific condition of individual properties within this price bracket.
The average house price in BD1 5RE, Bradford is £54,381. Prices range from £38,000 to £660,000.
There are 126 properties in BD1 5RE, Bradford.
BD1 5RE contains 125 flat / maisonette properties, 1 other properties.
Average house prices in BD1 5RE have fallen by 2.3% from £54,558 in 2014 to £53,317 in 2015.
BD1 5RE is located in Bradford, West Yorkshire, England.
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