House Prices in HX5 House Prices in HX5 (Elland)

The average house price in HX5 (Elland) is £144,500 using HM Land Registry data.

The average property price increased by £46,986 (3.6%) over the last 5 years and increased by £9,393 (0.64%) over the last 12 months.

Over the last year, there were 115 residential property sales – a decrease of 12 transactions (-10.43%) relative to the previous year. The majority of house sales (28) were in the £100,000 - £140,000 range. Then came properties in the £180,000 - £220,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,026 (-5%).

In June 2024, there were 9 new estate agency instructions, 17 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in HX5 (Elland)

3.6%

Property prices in Elland increased by 3.6% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in HX5 (Elland) Over the Last Year

0.64%

Property prices in Elland increased by 0.64% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for HX5 (Elland) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in HX5 (Elland)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in HX5 (Elland)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in HX5 (Elland)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the HX5 (Elland) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the HX5 postcode area since 1995.

Recent Sales in HX5 (Elland)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
36 Oliver Meadows, Elland, West Yorkshire, HX5 9HA£200,000£200,000£0002 Feb 202403 May 202491 Days
19 Savile Road, Elland, West Yorkshire, HX5 0LA£150,000£145,000-£5,00012 Oct 202315 Apr 2024186 Days
8 Turnpike Street, Elland, West Yorkshire, HX5 9ED£110,000£107,500-£2,50004 Aug 202305 Apr 2024245 Days
24 Thirlmere Avenue, Elland, West Yorkshire, HX5 9PN£240,000£236,000-£4,00007 Dec 202301 Mar 202485 Days
117 Langdale Street, Elland, West Yorkshire, HX5 0LZ£115,000£108,000-£7,00005 Oct 202323 Feb 2024141 Days
6 Frances Street, Elland, West Yorkshire, HX5 0JN£87,000£80,000-£7,00002 Aug 202309 Feb 2024191 Days
Apartment 332, Valley Mill, Park Road, Elland, West Yorkshire, HX5 9GZ£107,000£107,000£0010 Jul 202331 Jan 2024205 Days
20 Catherine Crescent, Elland, West Yorkshire, HX5 0JA£130,000£127,000-£3,00014 Jul 202326 Jan 2024196 Days
34 Westbury Street, Elland, West Yorkshire, HX5 9AT£185,000£165,000-£20,00008 Aug 202304 Jan 2024149 Days
6 Crestfield Road, Elland, West Yorkshire, HX5 0LR£220,000£202,500-£17,50009 May 202319 Dec 2023224 Days
16 Park Avenue, Elland, West Yorkshire, HX5 0BA£150,000£141,500-£8,50004 Oct 202318 Dec 202375 Days
32 Victoria Avenue, Elland, West Yorkshire, HX5 0AZ£187,500£185,000-£2,50001 Jul 202312 Dec 2023164 Days
11 Norman Street, Elland, West Yorkshire, HX5 9BS£165,000£140,000-£25,00008 Aug 202308 Dec 2023122 Days
1 Briar Close, Elland, West Yorkshire, HX5 0NT£185,000£180,000-£5,00019 Sep 202307 Dec 202379 Days
15 Elsinore Avenue, Elland, West Yorkshire, HX5 0LT£260,000£255,000-£5,00010 Aug 202301 Dec 2023113 Days
12 Turnpike Street, Elland, West Yorkshire, HX5 9ED£140,000£140,000£0016 Aug 202301 Dec 2023107 Days
8 Bean Street, Elland, West Yorkshire, HX5 9PA£270,000£263,000-£7,00027 Jul 202301 Dec 2023127 Days
60 Caldercroft, Elland, West Yorkshire, HX5 9AY£225,000£220,000-£5,00010 Aug 202329 Nov 2023111 Days
34 Exley Lane, Elland, West Yorkshire, HX5 0SW£250,000£247,000-£3,00003 Aug 202317 Nov 2023106 Days
167 Huddersfield Road, Elland, West Yorkshire, HX5 0EE£180,000£175,000-£5,00020 Jul 202317 Nov 2023120 Days

Most Expensive Streets in HX5 (Elland)

PostcodeStreetAreaAverageNo. of Sales
HX5 0QSHullen Edge LaneElland£514,3754
HX5 0QYHullen Edge RoadElland£449,2707
HX5 0DRHazelmoor FoldElland£417,6663
HX5 0QFVictoria RoadElland£412,4169
HX5 0DSKingsbrooke DriveElland£387,5008
HX5 0QPHammerstones RoadElland£375,1254
HX5 9QNUllswater CloseElland£369,8663
HX5 0QAVictoria RoadElland£340,0006
HX5 0JTHolly BankElland£339,8336
HX5 0ARPennine AvenueElland£329,3577

Least Expensive Streets in HX5 (Elland)

PostcodeStreetAreaAverageNo. of Sales
HX5 9AGPerseverance Mills, Westbury Street, EllandElland£66,5003
HX5 0HAAlbion StreetElland£70,8333
HX5 0JDBeech StreetElland£79,2005
HX5 0JJOak StreetElland£80,3005
HX5 0JELangdale StreetElland£82,2504
HX5 0NDCatherine StreetElland£84,0705
HX5 0JHElizabeth StreetElland£89,95010
HX5 0EYBeech StreetElland£91,3333
HX5 0NBBath StreetElland£92,8217
HX5 9ARThe Silk Mill, Dewsbury RoadElland£96,3717

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