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The average property value in Wakefield is £195,158 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Wakefield grew by £18,245. Compare house prices by area
Average property prices in Wakefield grew by 10.3% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 3.4% per year.
If prices in Wakefield continue to rise by 3.4% a year, the average property price will be £223,288 in 2025.
There were 4,455 property sales in Wakefield in the year ending June 2021, a decrease of 215 when compared to the previous year.
The average price for a house in Wakefield ranges from £129,856 for a terraced house to £297,435 for a detached house, with semi-detached in between costing on average £176,055.
The average price for a flat or maisonette in Wakefield is £98,691.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Wakefield, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 29.9% from £228,910 to £297,435, semi-detached house prices have risen 44.1% from £122,190 to £176,055, terraced house prices have risen 23.7% from £104,977 to £129,856, and flat prices have risen 6.5% from £92,687 to £98,691.
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The most common type of property sold in Wakefield during the year ending June 2021 was semi-detached houses, which accounted for 39.9% of properties.
The least commonly available type of property sold in Wakefield were flats, which account for 3.8% of properties sold.
Of the properties sold in Wakefield during 2021, 2.5% were new build properties.
The average price paid for a new build property in Wakefield was £73,374 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (58% of new build properties sold). For existing properties, the most common type is semi-detached houses (40% of existing properties sold).
Rental Market of Wakefield
Wakefield Crime
Wakefield population
The most common price band for property sales in Wakefield is £100k - £150k, which accounted for 18.7% of properties sold in 2021.
The cheapest properties in Wakefield were in the under £50k price bracket, accounting for 0.3% of sales.
Rank | Area | Average property price | YoY change in price |
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Rank | Area | Average Property Price | YoY CHANGE in PRICE |
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics