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Oakfield, Bingley is recorded publicly as a period freehold house across 2,680 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Oakfield, Bingley is £483,368 and its rental estimate is £2,118 per month, given the available information and assuming reasonable condition.
Primrose Lane, Bingley, BD16 falls within the BD16 postal district, in the borough of Bradford.
Oakfield, Bingley has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Oakfield, Bingley, we estimate a market value of £507,536 and a rental value of £2,224 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £449,532 and £1,970 per month respectively.
Over the last year, Oakfield, Bingley has seen its estimated sale value move down by £2,789 (0.6%) and its estimated rental value increase by £52 per month (2.5%). This results in an estimated gross rental yield of 5.3%.
Oakfield, Bingley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Oakfield, Bingley completed on 28th April 2023 at £571,050 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 37.1% over the period since April 2023.
Over the past 2 years 2 properties similar to Oakfield, Bingley have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th June 2021, was Littlegarth, Sheriff Lane, Bingley, BD16 3LS, a freehold house which sold for £460,000.
Read more about house prices in BD16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 51 addresses on Primrose Lane, Bingley, BD16, Oakfield, Bingley comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £212k more expensive than the average property across the BD16 district.
From Oakfield, Bingley, the nearest station is Bingley, 1.3 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Oakfield, Bingley, 43.7% of property is privately owned outright and 38.1% is privately owned with a mortgage.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Oakfield, Bingley, 18.6% of residents are recorded as possessing school level qualifications and 30.5% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Oakfield, Bingley, the average age was 42.5 and the most common age was 52.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Oakfield, Bingley, 1.1% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Oakfield, Bingley, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.