At a Glance
Average Property Price - WF1
£223,014
19
National percentile
Average Monthly Rent - WF
£788
19
National percentile
Average Net Household Income - WF1
£33,144
20
National percentile
Flat / Maisonette Yield - WF
6.8%
99
National percentile
10-Year Annualised Price Growth - WF1
4.1%
71
National percentile
10-Year Annualised Rent Growth - WF
3.7%
42
National percentile
Property Price & Volume Trends
The latest average property price stands at £223,000, placing it well below the national average. Over the past decade, prices have grown at 4.1% annually, outpacing the national trend. Transaction activity has declined markedly: last year saw 410 sales against a 10-year annual average of 606, representing a 32% fall.
Rent & Yield Trends
Average monthly rents of £788 sit well below the national level. Rental growth over the past decade has been modest at 3.7% per year, slightly slower than the national pace. The flat yield currently stands at 6.8%, an improvement on the 10-year average of 6.1%, reflecting stronger investor returns in the present market environment.
Income & Affordability Trends
Average net household income of £33,144 is markedly below the national average, placing it among the lowest-earning areas. The price-to-income ratio of 6.6x has deteriorated slightly since 2016 (when it stood at 6.4x), indicating homes have become less affordable relative to earnings. Rental affordability has also tightened: the rent-to-income ratio has risen from 23.6% to 23.9%, consuming a larger share of household earnings.
Resident Demographic Profile
The area has a notably higher proportion of working-age adults aged 25–34 (17.2% vs 13.4% nationally) and 35–49 (21.6% vs 18.7%), reflecting a younger-skewing population profile. Housing tenure is heavily weighted towards private renting at 28.8%—well above the national average of 21.7%—whilst outright ownership at 22.4% is substantially lower than the national norm. Employment is dominated by elementary occupations (19.6% vs 10.2% nationally) and plant/machine operatives (11.3% vs 6.6%), with professional roles underrepresented at 17.1% against 20.5% nationally.