At a Glance
Average Property Price - WF2
£273,692
35
National percentile
Average Monthly Rent - WF
£788
19
National percentile
Average Net Household Income - WF2
£38,200
50
National percentile
Flat / Maisonette Yield - WF
6.8%
99
National percentile
10-Year Annualised Price Growth - WF2
4.4%
78
National percentile
10-Year Annualised Rent Growth - WF
3.7%
42
National percentile
Property Price & Volume Trends
The latest average property price in WF2 is £274,000, placing it below the national average. Over the past decade, prices have grown at 4.4% annually — a rate among the fastest nationally, significantly outpacing typical regional performance. Transaction volumes have slowed in the latest year, with 505 sales against a 10-year average of 686, reflecting broader market softness.
Rent & Yield Trends
Average monthly rent stands at £788, well below the national median, making the area notably affordable for tenants. Rental growth over a decade has been modest at 3.7% annually, marginally weaker than the national trend. Flat yields have strengthened to 6.8% from a 10-year average of 6.1%, indicating a recent improvement in rental returns relative to capital values.
Income & Affordability Trends
Average net household income of £38,200 sits at the national midpoint, neither disadvantaged nor affluent relative to the broader UK. The price-to-income ratio of 6.3x has remained entirely stable since 2016, suggesting purchase affordability has neither improved nor deteriorated over this period. Rental affordability has drifted slightly, with rent consuming 23.9% of income compared to 23.6% six years ago, a marginal increase in rental burden.
Resident Demographic Profile
The area has a slightly elevated proportion of older residents, with those aged 50–64 representing 20.2% against a national average of 19.8%, and a correspondingly lower share of younger adults aged 16–24 at 9.2%. Social rented housing is substantially above average at 23.1%, more than a third higher than the national figure, alongside slightly elevated private rented tenure at 15.1%. The employment profile is marked by a notably high proportion of elementary occupations at 14.4% and above-average plant and machine operatives at 8.9%, offset by below-average professional and managerial representation.