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House Prices in WF3 House Prices in WF3 (Wakefield)

The average house price in WF3 (Wakefield) is £215,274 using HM Land Registry data.

The average property price increased by £60,916 (32.41%) over the last 5 years and increased by £12,206 (4.69%) over the last 12 months.

Over the last year, there were 328 residential property sales – a decrease of 177 transactions (-53.96%) relative to the previous year. The majority of house sales (83) were in the £180,000 - £230,000 range. Then came properties in the £230,000 - £280,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,778 (-2%).

In Oct 24, there were 78 new estate agency instructions, 56 agreed home sales and 84 property price reductions.

Nearby Postcodes: BD11, BD19, DN14, DN6, HD5, HD6, HD8, LS1, LS10, LS11, LS12, LS15, LS2, LS25, LS26, LS27, LS88, LS9, LS98, LS99, WF1, WF10, WF11, WF12, WF13, WF14, WF15, WF16, WF17, WF2, WF4, WF5, WF6, WF7, WF8, YO8

5-Year Average Property Prices in WF3 (Wakefield)

32.41%

Property prices in Wakefield increased by 32.41% 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 WF3 (Wakefield) Over the Last Year

4.69%

Property prices in Wakefield increased by 4.69% 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 WF3 (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 WF3 (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 WF3 (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 WF3 (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 WF3 (Wakefield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WF3 postcode area since 1995.

Recent Sales in WF3 (Wakefield)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Park Square, Lofthouse, Wakefield, West Yorkshire, WF3 3HB£145,000£145,000£0010 Jun 202413 Aug 202464 Days
3 Folly Hall Road, Tingley, Wakefield, West Yorkshire, WF3 1TN£369,995£360,000-£9,99503 Apr 202412 Aug 2024131 Days
31 Windsor Oval, Tingley, Wakefield, West Yorkshire, WF3 1WD£525,000£505,000-£20,00029 Apr 202409 Aug 2024102 Days
30 Common Lane, East Ardsley, Wakefield, West Yorkshire, WF3 2EL£170,000£165,000-£5,00014 Mar 202406 Aug 2024145 Days
3 Nottingham Close, Robin Hood, Wakefield, West Yorkshire, WF3 3UB£379,950£370,000-£9,95010 Jul 202331 Jul 2024387 Days
4 Syke Avenue, Tingley, Wakefield, West Yorkshire, WF3 1LU£199,995£199,995£0024 Jan 202426 Jul 2024184 Days
11 Sarah Street, East Ardsley, Wakefield, West Yorkshire, WF3 2BJ£180,000£180,000£0023 Apr 202426 Jul 202494 Days
8 Barley Mews, Robin Hood, Wakefield, West Yorkshire, WF3 3BT£205,000£192,000-£13,00020 Apr 202426 Jul 202497 Days
36 Potovens Lane, Lofthouse, Wakefield, West Yorkshire, WF3 3HY£190,000£185,000-£5,00014 Feb 202424 Jul 2024161 Days
18 Moor Road, Stanley, Wakefield, West Yorkshire, WF3 4EW£199,950£190,000-£9,95020 Feb 202422 Jul 2024153 Days
10 Daisy Vale Mews, Thorpe, Wakefield, West Yorkshire, WF3 3EN£189,950£189,000-£95006 Mar 202418 Jul 2024134 Days
1 Virginia Close, Lofthouse, Wakefield, West Yorkshire, WF3 3TB£400,000£390,000-£10,00023 Sep 202316 Jul 2024297 Days
14 Cherry Tree Walk, East Ardsley, Wakefield, West Yorkshire, WF3 2HS£220,000£213,000-£7,00010 Apr 202412 Jul 202493 Days
2 Hopefield Court, East Ardsley, Wakefield, West Yorkshire, WF3 2LL£250,000£250,000£0014 Dec 202312 Jul 2024211 Days
8 Oakley Street, Thorpe, Wakefield, West Yorkshire, WF3 3DX£115,000£115,000£0003 May 202409 Jul 202467 Days
27 Chaucer Avenue, Stanley, Wakefield, West Yorkshire, WF3 4QE£240,000£225,000-£15,00005 Mar 202405 Jul 2024122 Days
23 Leeds Road, Lofthouse, Wakefield, West Yorkshire, WF3 3LY£270,000£265,000-£5,00015 Jan 202405 Jul 2024172 Days
65 Meadowgate Drive, Lofthouse, Wakefield, West Yorkshire, WF3 3SR£240,000£235,000-£5,00028 Nov 202305 Jul 2024220 Days
30 Meadow Side Road, East Ardsley, Wakefield, West Yorkshire, WF3 2LZ£99,995£97,500-£2,49509 Jan 202401 Jul 2024174 Days
44 Sunnyfield, East Ardsley, Wakefield, West Yorkshire, WF3 2JR£180,000£180,000£0019 Dec 202328 Jun 2024192 Days

Most Expensive Streets in WF3 (Wakefield)

PostcodeStreetAreaAverageNo. of Sales
WF3 1FPManor Grange, TingleyWakefield£805,0003
WF3 4AHAberford Road, StanleyWakefield£669,3333
WF3 1EBThe Nook, TingleyWakefield£608,3333
WF3 4AQAberford Road, StanleyWakefield£513,1663
WF3 3SQChurch Croft, LofthouseWakefield£509,1663
WF3 3FYShayfield Drive, CarltonWakefield£454,1663
WF3 1QZTingley Hall Rise, TingleyWakefield£450,6663
WF3 3QZPitfield Road, CarltonWakefield£434,8005
WF3 1WDWindsor Oval, TingleyWakefield£429,0005
WF3 4FTParkside Farm Close, StanleyWakefield£424,1656

Least Expensive Streets in WF3 (Wakefield)

PostcodeStreetAreaAverageNo. of Sales
WF3 4FFCooper WayWakefield£92,4817
WF3 3FTDanby Court, Robin HoodWakefield£94,1663
WF3 4PLLongfellow GroveWakefield£94,6254
WF3 3DXOakley Street, ThorpeWakefield£96,3754
WF3 2FYScampston Drive, East ArdsleyWakefield£102,6005
WF3 2FRScampston Drive, East ArdsleyWakefield£106,6666
WF3 2FTScampston Drive, East ArdsleyWakefield£107,1777
WF3 2FFBronte Close, East ArdsleyWakefield£108,3005
WF3 2FJRipley Close, East ArdsleyWakefield£110,6254
WF3 2FHRipley Close, East ArdsleyWakefield£112,0005

Explore WF3 (Wakefield) using map

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