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House Prices in WF1 House Prices in WF1 (Wakefield)

The average house price in WF1 (Wakefield) is £251,766 using HM Land Registry data.

The average property price increased by £28,845 (53.93%) over the last 5 years and increased by £5,779 (6.85%) over the last 12 months.

Over the last year, there were 324 residential property sales – a decrease of 237 transactions (-73.15%) relative to the previous year. The majority of house sales (74) were in the £152,000 - £204,000 range. Then came properties in the £100,000 - £152,000 range, where 72 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 £-6,557 (-2%).

In Oct 24, there were 86 new estate agency instructions, 44 agreed home sales and 62 property price reductions.

Nearby Postcodes: BD11, BD19, DN14, DN6, HD5, HD6, HD8, LS10, LS25, LS26, LS27, S71, S72, S75, WF10, WF11, WF12, WF13, WF14, WF15, WF16, WF17, WF2, WF3, WF4, WF5, WF6, WF7, WF8, WF9, YO8

5-Year Average Property Prices in WF1 (Wakefield)

53.93%

Property prices in Wakefield increased by 53.93% 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 WF1 (Wakefield) Over the Last Year

6.85%

Property prices in Wakefield increased by 6.85% 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 WF1 (Wakefield) - Oct 24

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 WF1 (Wakefield)

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 WF1 (Wakefield)

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 WF1 (Wakefield)

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 WF1 (Wakefield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WF1 postcode area since 1995.

Recent Sales in WF1 (Wakefield)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Sheridan Street, Outwood, Wakefield, West Yorkshire, WF1 3TP£230,000£210,000-£20,00010 Jan 202402 Aug 2024205 Days
14 Grey Street, Wakefield, West Yorkshire, WF1 3HQ£160,000£156,000-£4,00026 Dec 202331 Jul 2024218 Days
1 Queensbury Avenue, Outwood, Wakefield, West Yorkshire, WF1 3TS£379,950£374,000-£5,95024 Aug 202331 Jul 2024342 Days
48 Sparable Lane, Wakefield, West Yorkshire, WF1 5LW£150,000£148,000-£2,00030 Mar 202429 Jul 2024121 Days
47 Aberford Road, Wakefield, West Yorkshire, WF1 4AW£280,000£280,000£0026 Jan 202426 Jul 2024182 Days
2 Pretoria Street, Wakefield, West Yorkshire, WF1 5PY£115,000£110,000-£5,00012 Mar 202426 Jul 2024136 Days
176 Bradford Road, Wakefield, West Yorkshire, WF1 2AS£325,000£312,000-£13,00011 Oct 202311 Jul 2024274 Days
32 Parkhill Grove, Wakefield, West Yorkshire, WF1 4HB£140,000£135,000-£5,00029 Jun 202305 Jul 2024372 Days
419 Leeds Road, Wakefield, West Yorkshire, WF1 2JD£170,000£161,500-£8,50019 Mar 202404 Jul 2024107 Days
15 Queensbury Avenue, Outwood, Wakefield, West Yorkshire, WF1 3TS£275,000£265,000-£10,00011 Mar 202428 Jun 2024109 Days
53 Edward Drive, Wakefield, West Yorkshire, WF1 2LN£210,000£155,000-£55,00029 Sep 202225 Jun 2024635 Days
669 Leeds Road, Wakefield, West Yorkshire, WF1 2LU£650,000£635,000-£15,00010 Jan 202421 Jun 2024163 Days
22 Buxton Place, Wakefield, West Yorkshire, WF1 3JQ£220,000£220,000£0007 Feb 202421 Jun 2024135 Days
18 Oakenshaw Street, Wakefield, West Yorkshire, WF1 5BT£110,000£109,640-£36022 Nov 202314 Jun 2024205 Days
71 Victoria Way, Wakefield, West Yorkshire, WF1 2NB£220,000£208,500-£11,50016 Feb 202406 Jun 2024111 Days
13 Newland Court, Wakefield, West Yorkshire, WF1 5AG£149,950£145,000-£4,95008 Jan 202403 Jun 2024147 Days
50 Newland Street, Wakefield, West Yorkshire, WF1 5AH£115,000£112,000-£3,00022 Nov 202303 Jun 2024194 Days
4 Princess Street, Outwood, Wakefield, West Yorkshire, WF1 2PJ£150,000£145,000-£5,00021 Feb 202403 Jun 2024103 Days
8 Margaret Street, Outwood, Wakefield, West Yorkshire, WF1 2NJ£200,000£200,000£0005 Feb 202403 Jun 2024119 Days
30 Station Street, Wakefield, West Yorkshire, WF1 5AF£150,000£150,000£0013 Feb 202431 May 2024108 Days

Most Expensive Streets in WF1 (Wakefield)

PostcodeStreetAreaAverageNo. of Sales
WF1 2GTWhite Hall GrangeWakefield£653,9005
WF1 2BBBroomhall AvenueWakefield£532,8005
WF1 5SLHeathWakefield£502,60010
WF1 3QDSpinners AvenueWakefield£469,2504
WF1 3QQBoundary DriveWakefield£440,3754
WF1 5TNWarmfield Lane, WarmfieldWakefield£436,8754
WF1 4FPHaywood RoadWakefield£435,9954
WF1 3JZBlenheim RoadWakefield£417,5559
WF1 2BABradford RoadWakefield£416,6663
WF1 3FEHarrison CloseWakefield£413,8336

Least Expensive Streets in WF1 (Wakefield)

PostcodeStreetAreaAverageNo. of Sales
WF1 1DHMarket StreetWakefield£52,6004
WF1 1LEQueen StreetWakefield£64,0003
WF1 3SZElizabeth GardensWakefield£64,4705
WF1 5LQRead, Woodlands VillageWakefield£65,8005
WF1 5LRDelius, Woodlands VillageWakefield£70,3333
WF1 3PUDickinson CourtWakefield£72,3336
WF1 1EHBank StreetWakefield£73,3163
WF1 5BGGrosvenor StreetWakefield£73,7005
WF1 2DYCobham ParadeWakefield£75,5003
WF1 1UWThe Old Chapel, Grove RoadWakefield£77,0005

Explore WF1 (Wakefield) using map

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