Market outlook for WF6
Key indicators for buyers
The WF6 market looks favourable for buyers. Prices have softened (-13.6%), which could present a buying opportunity. Affordability has improved from a peak of 6.4x in 2021 to 5.6x today. Rising rents (£785/mo, +4.8%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Wakefield area
A home in Wakefield costs 5.6x the local median salary — moderate, improving from a peak of 6.4x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Wakefield area
Average monthly rent in Wakefield is £785, up 4.8% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Wakefield price of £197,714 with a 25% deposit (£49k), a 2-year fixed mortgage at 3.97% costs around £780 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses WF6 avg. price with Wakefield rental data
Monthly mortgage payments (£780) are £5 less than renting (£785). However, buying requires an upfront deposit of £49k — it would take around 9 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
12, KING STREET WF6 1EW | Terraced | £150,000 | 23 Jan 2026 |
12, WOOD CLOSE WF6 2LJ | Semi-detached | £267,000 | 19 Jan 2026 |
5, CEDAR ROAD WF6 1LQ | Semi-detached | £174,000 | 16 Jan 2026 |
1, ESKDALE CROFT WF6 2TB | Semi-detached | £250,000 | 9 Jan 2026 |
71, WHEATLEY AVENUE WF6 1HP | Terraced | £136,000 | 9 Jan 2026 |
20, ALDER CRESCENT WF6 2FS | Semi-detached | £242,000 | 6 Jan 2026 |
7, MEADOW BROOK COURT WF6 1TQ | Semi-detached | £165,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.