At a Glance
Average Property Price - WF8
£243,156
26
National percentile
Average Monthly Rent - WF
£788
19
National percentile
Average Net Household Income - WF8
£35,873
37
National percentile
Flat / Maisonette Yield - WF
6.8%
99
National percentile
10-Year Annualised Price Growth - WF8
3.6%
50
National percentile
10-Year Annualised Rent Growth - WF
3.7%
42
National percentile
Property Price & Volume Trends
The latest average property price in WF8 is £243,000, positioning it below the national average. Over the past decade, prices have grown at 3.6% annually—broadly in line with the national trend. Transaction activity has slowed in the latest year, with 435 sales recorded compared to a 10-year average of 606 per annum.
Rent & Yield Trends
Average monthly rent in the wider WF postcode area is £788, well below the national average. Rents have grown at 3.7% annually over ten years, slightly below the national pace. The flat yield currently stands at 6.8%, an improvement on the 10-year average of 6.1%, reflecting stronger recent rental returns relative to property values.
Income & Affordability Trends
Average household income is £36,000, below the national median. The price-to-income ratio of 6.2x indicates that property remains relatively affordable in this area, though this has edged up slightly from 6.1x in 2016. Rental costs consume 23.9% of household income, a marginal increase from 23.6% in 2016, suggesting rental affordability has tightened modestly.
Resident Demographic Profile
The age profile is fairly balanced with a slightly higher proportion of working-age residents aged 50–64 (20.6% vs 19.8% nationally) and fewer young adults aged 16–24 (8.7% vs 11.0% nationally). The housing tenure mix shows notably stronger owner-occupation overall: 32.5% own with a mortgage compared to 27.0% nationally, whilst private rental is notably lower at 14.2% against 21.7% nationally. Social rented housing is more prevalent at 21.8% versus 16.5% nationally. Employment is weighted towards elementary occupations (12.5% vs 10.2% nationally) and plant/machine operation (10.9% vs 6.6% nationally), with proportionally fewer professionals (16.7% vs 20.5% nationally).