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House Prices in WF1 House Prices in WF1 (Wakefield)

The average house price in WF1 (Wakefield) is £182,925 using HM Land Registry data.

The average property price increased by £23,634 (53.93%) over the last 5 years and increased by £4,736 (6.85%) over the last 12 months.

Over the last year, there were 341 residential property sales – a decrease of 200 transactions (-58.65%) relative to the previous year. The majority of house sales (73) were in the £100,000 - £150,000 range. Then came properties in the £150,000 - £200,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 138 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,446 (-4%).

In December 2024, there were 57 new estate agency instructions, 35 agreed home sales and 49 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 WF1 (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 WF1 (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) - December 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
1 Bramble Court, Outwood, Wakefield, West Yorkshire, WF1 2UH£330,000£330,000£012 Aug 202422 Nov 2024102 Days
5 Newton Court, Wakefield, West Yorkshire, WF1 3DW£239,950£230,000-£9,95002 Aug 202315 Nov 2024471 Days
477 Leeds Road, Wakefield, West Yorkshire, WF1 2JD£190,000£185,000-£5,00002 Aug 202406 Nov 202496 Days
20 Kingsley Avenue, Outwood, Wakefield, West Yorkshire, WF1 2LA£225,000£215,000-£10,00015 Jul 202431 Oct 2024108 Days
44 Meadow Vale, Outwood, Wakefield, West Yorkshire, WF1 3TD£176,995£176,000-£99506 Sep 202429 Oct 202453 Days
10 Ouchthorpe Lane, Wakefield, West Yorkshire, WF1 3HS£129,950£123,000-£6,95011 Apr 202425 Oct 2024197 Days
56 Victoria Way, Wakefield, West Yorkshire, WF1 2NB£260,000£250,000-£10,00001 May 202425 Oct 2024177 Days
16 Pinders Square, Wakefield, West Yorkshire, WF1 4SJ£250,000£243,000-£7,00006 Apr 202425 Oct 2024202 Days
56 Mountbatten Crescent, Wakefield, West Yorkshire, WF1 3EG£160,000£159,000-£1,00026 Dec 202325 Oct 2024304 Days
18 Station Street, Wakefield, West Yorkshire, WF1 5AF£150,000£135,000-£15,00024 Apr 202422 Oct 2024181 Days
60 Coach Road, Wakefield, West Yorkshire, WF1 3EX£130,000£126,000-£4,00002 Jul 202418 Oct 2024108 Days
12 Harvey Street, Wakefield, West Yorkshire, WF1 5JG£130,000£130,000£011 Jul 202411 Oct 202492 Days
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£026 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

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 3JZBlenheim RoadWakefield£417,5559
WF1 2BABradford RoadWakefield£416,6663
WF1 3FEHarrison CloseWakefield£413,8336
WF1 2RRSt Johns MountWakefield£395,4163

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 3PUDickinson CourtWakefield£70,5717
WF1 1EHBank StreetWakefield£73,3163
WF1 5BGGrosvenor StreetWakefield£73,7005
WF1 2DYCobham ParadeWakefield£75,5003
WF1 1UWThe Old Chapel, Grove RoadWakefield£77,0005
WF1 5EGDunbar StreetWakefield£77,6258

Explore WF1 (Wakefield) using map

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