Market outlook for Wyre
Key indicators for buyers
The Wyre market is moderately favourable for buyers. Prices are rising at 5.9%, which may favour acting sooner rather than later. Affordability has improved from a peak of 7.9x in 2007 to 6.3x today. Rising rents (£713/mo, +5.7%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Wyre costs 6.3x the local median salary — moderate, improving from a peak of 7.9x in 2007.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Wyre is £713, up 5.7% 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 Wyre price of £196,871 with a 25% deposit (£49k), a 2-year fixed mortgage at 3.97% costs around £777 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£777) are £64 more than renting (£713). However, buying requires an upfront deposit of £49k — it would take around 10 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, WOBURN WAY, CLAUGHTON ON BROCK PR3 0QF | Detached | £358,000 | 28 Jan 2026 |
17, CALDER AVENUE FY5 2TP | Detached | £290,000 | 26 Jan 2026 |
53, BROADWAY FY7 7DG | Semi-detached | £245,000 | 23 Jan 2026 |
24, HERITAGE WAY FY5 3BD | Detached | £300,000 | 23 Jan 2026 |
36, ABBOTTS WALK FY7 6QG | Terraced | £128,000 | 23 Jan 2026 |
45, HAWTHORN DRIVE FY5 4GQ | Terraced | £159,500 | 23 Jan 2026 |
5, KILDARE AVENUE FY5 2RZ | Semi-detached | £157,000 |
Explore postcodes in Wyre
4postcode districts · Click for detailed prices
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.