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Elland House Prices Elland House Prices

The average house price in Elland is £179,562 using HM Land Registry data.

The average property price increased by £48,427 (30.06%) over the last 5 years and increased by £9,679 (4.84%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 59 transactions (-33.71%) relative to the previous year. The majority of house sales (53) were in the £100,000 - £148,000 range. Then came properties in the £148,000 - £196,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,781 (-3%).

In April 2024, there were 32 new estate agency instructions, 23 agreed home sales and 17 property price reductions.

Neighbouring Areas: Halifax

Postcodes Covered: HX4, HX5

5-Year Average Property Prices in Elland

30.06%

Property prices in Elland increased by 30.06% 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 Elland Over the Last Year

4.84%

Property prices in Elland increased by 4.84% 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 Elland - April 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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 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 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 Elland since 1995

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

Recent Property Sales in Elland

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Cherry Tree Drive, Greetland, Halifax, West Yorkshire, HX4 8HU£325,000£325,000£0004 Jan 202408 Mar 202464 Days
24 Thirlmere Avenue, Elland, West Yorkshire, HX5 9PN£240,000£236,000-£4,00007 Dec 202301 Mar 202485 Days
20 School Street, Greetland, Halifax, West Yorkshire, HX4 8JB£170,000£160,000-£10,00020 Sep 202326 Feb 2024159 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
20 Catherine Crescent, Elland, West Yorkshire, HX5 0JA£130,000£127,000-£3,00014 Jul 202326 Jan 2024196 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
5 William Street, Greetland, Halifax, West Yorkshire, HX4 8BX£115,000£102,500-£12,50008 Mar 202315 Dec 2023282 Days
266 Saddleworth Road, Greetland, Halifax, West Yorkshire, HX4 8NF£280,000£275,000-£5,00031 May 202308 Dec 2023191 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
89 Ravenstone Drive, Greetland, Halifax, West Yorkshire, HX4 8DY£190,000£185,000-£5,00013 Sep 202301 Dec 202379 Days
24 Middle Dean Street, Greetland, Halifax, West Yorkshire, HX4 8DP£140,000£135,000-£5,00004 Jul 202301 Dec 2023150 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
14 Norman Avenue, Elland, West Yorkshire, HX5 9BU£190,000£185,000-£5,00013 May 202317 Nov 2023188 Days
30 Lodge Drive, Elland, West Yorkshire, HX5 9PT£200,000£180,000-£20,00015 Nov 202317 Nov 20232 Days
44 Albion Street, Elland, West Yorkshire, HX5 0HA£65,000£64,500-£50022 Sep 202314 Nov 202353 Days

Most Expensive Streets in Elland

PostcodeStreetAreaAverageNo. of Sales
HX5 0QSHullen Edge LaneElland£514,3754
HX5 0QYHullen Edge RoadElland£449,2707
HX4 8LQGreenholme CourtGreetland£436,6663
HX4 8PEBrian Royd LaneGreetland£418,5003
HX5 0QFVictoria RoadElland£412,4169
HX5 0QPHammerstones RoadElland£375,1254
HX5 9QNUllswater CloseElland£369,8663
HX5 0QAVictoria RoadElland£340,0006
HX5 0JTHolly BankElland£339,8336
HX4 8QFHigh MeadowsGreetland£325,0005

Least Expensive Streets in Elland

PostcodeStreetAreaAverageNo. of Sales
HX5 9AGPerseverance MillsWestbury Street, Elland£66,5003
HX5 0HAAlbion StreetElland£70,8333
HX4 8DURavenstone DriveGreetland£72,5754
HX5 0JDBeech StreetElland£79,2005
HX5 0JJOak StreetElland£80,3005
HX5 0JELangdale StreetElland£82,1663
HX5 0NDCatherine StreetElland£84,0705
HX4 8DJUnion StreetGreetland£89,0003
HX5 0JHElizabeth StreetElland£89,95010
HX5 0EYBeech StreetElland£91,3333

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