WakefieldWF1
Wakefield · Yorkshire and The Humber
WF1 Wakefield has recorded a five-year compound annual growth rate of 3.3% in property prices alongside 7.1% rental growth, outpacing population expansion of 1.1% over the same period. The district scores 58.7 out of 100 on trajectory analysis, placing it in the 90th percentile nationally. Currently in an early gentrification stage, WF1 presents characteristics typical of emerging markets where rental yields are expanding faster than capital values. The divergence between rent and price growth suggests rental demand is strengthening relative to property value appreciation, which may indicate investor activity or undersupply relative to occupier demand in the local market.
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See plans from £20/moKey signals
- 1Property prices up 2.5% over 5 years (5yr CAGR)
- 2Rents growing at 7.1% per year
- 3Population growing at 1.1% per year
Nearby districts
What's changing in Wakefield · June 2026
The trajectory score moved down 0.7 points this month to 58/100, driven mainly by safety.
49 planning applications submitted in WF1 over the last six months, including 3 new build residential schemes proposing 50 homes, 1 change of use, 3 demolition.
- Non-material amendment to approved application 23/00422/FUL (Erection of 50 affordable residential units (C3 Use),, comprising individual dwellings and an apartment block, with associated drainage, access, parking and landscape works) to omit walk on balconies to plots 22-26 and replace these with Juliette balconies, update hard and soft landscaping around plots 22-26, and to create an additional parking space to the front of the apartment block for use by maintenance.Mar 2026 · Awaiting decision
- Variation of Condition 2 (Approved Plans) of application 22/00951/REM (Reserved matters pursuant to the outline planning permission 18/00237/OUT, for the erection of a detached dwelling (matters of access only)) to vary the approved plans to include a include a sunroom to the rear of the dwelling, to install a flue to the rear, to construct a solar storage building, to change the roof design of the garage and to make alterations to the site and dwelling. Variation to the wording of Condition 3 (Finished Floor Levels), Condition 4 (Tree Protective Fencing) and Condition 5 (External Materials).Mar 2026 · Awaiting decision
- Variation of condition 7 (Hours of Use) of approved application ref. 24/00768/FUL for "Full planning application for the change of use of a residential dwelling and ancillary buildings to children's day care nursery with access from Warmfield Lane" (Approved 23.08.2024) due to increased demand for extended childcare hoursJan 2026 · Awaiting decision
Wakefield (WF1) common questions
Is Wakefield up and coming?
Praesago's gentrification model currently classifies Wakefield (WF1) as Early. Its trajectory score is 58/100 (Strong), in the top 12% of districts nationally. The score is up 1.8 points over the last 12 months.
Is Wakefield safe?
Wakefield has a safety score of 53/100 on Praesago's index, based on police.uk recorded crime data.
What is the average house price in Wakefield?
The average property price in Wakefield (WF1) is £194k as of January 2026, based on UK House Price Index data. Prices have grown at 2.5% per year over the last five years.
What is the average rent in Wakefield?
The median monthly rent in Wakefield (WF1) is £776 (2026), based on ONS private rental data.
Which areas are near Wakefield?
Neighbouring postcode districts include Wakefield (WF2), Wakefield (WF4), Wakefield (WF3), Normanton (WF6), Ossett (WF5). Each has its own monthly data page on Praesago.
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Disclaimer: Praesago provides data analytics and market intelligence. Nothing on this platform constitutes financial advice, investment advice, or a personal recommendation. Property values can fall as well as rise. Past performance does not predict future results. Seek independent financial and legal advice before making property investment decisions.