At a Glance
Average Property Price - WF4
£258,744
30
National percentile
Average Monthly Rent - WF
£788
19
National percentile
Average Net Household Income - WF4
£37,601
47
National percentile
Flat / Maisonette Yield - WF
6.8%
99
National percentile
10-Year Annualised Price Growth - WF4
3.2%
33
National percentile
10-Year Annualised Rent Growth - WF
3.7%
42
National percentile
Property Price & Volume Trends
The average property price in WF4 is £259,000, placing it below the national average. Over the past decade, prices have grown at 3.2% annually, a rate slightly below the national average. Transaction activity has eased compared with historical norms, with 515 sales in the latest full year against a 10-year average of 640 per year.
Rent & Yield Trends
Average monthly rent in the wider WF postcode area is £788, well below the national average. Rental growth over the past decade has been moderate at 3.7% annually, roughly in line with national trends. The flat yield currently stands at 6.8%, an improvement on the 10-year average of 6.1%, reflecting a favourable environment for buy-to-let investors.
Income & Affordability Trends
Average net household income is £37,601, close to the national median. The price-to-income ratio of 6.3x has worsened slightly since 2016 (when it stood at 6.0x), indicating that property prices have risen slightly faster than incomes. Rental affordability has also tightened marginally; the rent-to-income ratio is now 23.9%, up from 23.6% in 2016.
Resident Demographic Profile
The population skews older than the national average, with 21.7% aged 50–64 and 21.2% aged 65-plus, compared to national averages of 19.8% and 19.6% respectively. Conversely, the 16–24 age group is noticeably underrepresented at 8.7% against a national average of 11.0%. Housing tenure reflects strong owner-occupation: 37.3% own outright and 32.1% own with a mortgage, above national figures, while private renting is notably low at 14%. The employment profile leans slightly towards higher-skilled roles, with a below-average representation in elementary and plant/machine occupations.