Wakefield property prices

The average property price in Wakefield postcode area is £184k. The average price increased by £14.0k (8%) over the last twelve months. The price of an established property is £182k. The price of a newly built property is £219k. There were 5.9k property sales and sales dropped by 19.6% (-1.6k transactions). Most properties were sold in the £100k-£150k price range with 1754 (29.5%) properties sold, followed by £150k-£200k price range with 1319 (22.2%) properties sold.

July 2020 - June 2021

Wakefield postcode area

England and Wales

£184k

average property price

£337k

average property price

8%

average price percentage change

12%

average price percentage change

£14.0k

average price change

£35.6k

average price change

Wakefield house prices map

This price map shows the average property price in a given postcode sector between July 2020 - June 2021. The most affordable place was 'WF1 1' with the average price of £78.1k. The most expensive place was 'WF7 5', £342k.

Wakefield house prices map

Wakefield house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between July 2020 - June 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Wakefield house prices compared to other areasAverage price percentage change
Average property price

Wakefield house price rank

With the average price of £184k, Wakefield is the 11. cheapest postcode area out of 105 England and Wales' postcode areas.

Wakefield house price rank

Wakefield property sales share by price range

shows a number of properties sold in a given price range between July 2020 - June 2021.

Wakefield property sales share by price range
Property price rangeMarket shareSales volumes
under £50k1.0%59
£50k-£100k17.5%1.0k
£100k-£150k29.5%1.8k
£150k-£200k22.2%1.3k
£200k-£250k12.4%735
£250k-£300k6.9%412
£300k-£400k6.8%406
£400k-£500k2.2%128
£500k-£750k1.3%75
£750k-£1M0.2%12
over £1M0.1%6

Wakefield cost comparison of new homes and older homes

July 2020 - June 2021

Wakefield cost comparison of new homes and older homes

£219k

A newly built property

£182k

An established property

Wakefield cost comparison of houses and flats

July 2020 - June 2021

Wakefield cost comparison of houses and flats

£293k

Detached

£93.6k

Flat

£164k

Semi-Detached

£134k

Terraced

Wakefield real house prices

Yearly average nominal house prices adjusted for inflation.

Wakefield real house prices

Wakefield house prices compared to England & Wales' house prices

Yearly average nominal prices

Wakefield house prices

Wakefield house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Wakefield house prices and nearby areas

Yearly average nominal prices

Wakefield house prices and nearby areas

Wakefield house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Wakefield house prices new vs established

Wakefield house prices by property type

Yearly average nominal prices

Wakefield house prices by property type

Wakefield house price to earnings ratio

The median property price to median earnings ratio in Wakefield is 5.9. Ie. Wakefield resident with middle-income needs 5.9 gross annual salaries to buy a medium-priced property. Resident in Wakefield needs 5.9 annual salaries. The England and Wales ratio was 7.7 in 2019.
Wakefield house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Wakefield5.9
England and Wales7.7

Other reports for Wakefield postcode area

new home prices

property transactions

salary and unemployment

home features

energy costs

home energy certificates

population statistics

crime statistics

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