Imofolio

Wakefield · report

Past price cycles in Wakefield

Sale prices have fallen by 3% or more 5 times since 1995. The deepest began in December 2007.

Deepest fall
−21.4%
Recovery from the low
64 months

Prices in Wakefield and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Wakefield
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodWakefieldUnited Kingdom
Aug 2026462.7534.7
Jul 2026462.5532.9
Jun 2026460.6530.1
May 2026458.5533.1
Apr 2026457.5530.6
Mar 2026457.6526.0
Feb 2026461.6527.6
Jan 2026458.1526.4
Dec 2025457.7524.8
Nov 2025453.4529.6
Oct 2025456.6528.4
Sep 2025453.8527.8
Aug 2025449.7529.8
Jul 2025444.6526.5
Jun 2025439.8522.4
May 2025445.6517.1
Apr 2025445.0509.5
Mar 2025447.3524.8
Feb 2025444.8518.5
Jan 2025443.9518.8
Dec 2024442.2517.0
Nov 2024436.8518.0
Oct 2024440.2519.4
Sep 2024443.8518.4
Aug 2024447.1519.1
Jul 2024439.1514.0
Jun 2024426.8508.3
May 2024427.3506.3
Apr 2024427.3502.2
Mar 2024432.1499.5
Feb 2024426.1498.6
Jan 2024424.1501.2
Dec 2023426.6501.6
Nov 2023428.1505.9
Oct 2023432.0509.4
Sep 2023434.4511.7
Aug 2023432.8514.2
Jul 2023430.5511.4
Jun 2023423.0505.8
May 2023424.1503.9
Apr 2023424.2502.2
Mar 2023428.8501.1
Feb 2023435.3506.8
Jan 2023436.6511.0
Dec 2022436.1515.4
Nov 2022431.2519.5
Oct 2022434.4520.3
Sep 2022433.6520.3
Aug 2022430.5519.2
Jul 2022423.1514.8
Jun 2022416.5505.4
May 2022409.8499.4
Apr 2022406.1493.8
Mar 2022407.0488.0
Feb 2022402.4486.2
Jan 2022398.5485.7
Dec 2021392.6480.1
Nov 2021395.9477.7
Oct 2021394.4468.5
Sep 2021390.5480.5
Aug 2021389.0466.8
Jul 2021385.7453.1
Jun 2021383.4475.4
May 2021376.6451.4
Apr 2021372.5448.4
Mar 2021369.7455.2
Feb 2021364.5448.6
Jan 2021360.3447.3
Dec 2020356.5447.3
Nov 2020348.6443.9
Oct 2020342.8439.4
Sep 2020338.5435.7
Aug 2020339.1431.1
Jul 2020340.4426.9
Jun 2020339.0423.4
May 2020339.4417.6
Apr 2020336.1415.5
Mar 2020334.1419.7
Feb 2020330.8416.0
Jan 2020331.0418.4
Dec 2019332.5418.1
Nov 2019332.4418.7
Oct 2019334.1420.2
Sep 2019332.2421.3
Aug 2019332.8421.0
Jul 2019329.1419.6
Jun 2019328.6415.0
May 2019325.8413.2
Apr 2019323.9412.6
Mar 2019323.9409.7
Feb 2019324.0410.8
Jan 2019327.2411.8
Dec 2018329.8414.4
Nov 2018327.0415.3
Oct 2018328.1417.1
Sep 2018322.6417.5
Aug 2018325.3418.3
Jul 2018319.8417.0
Jun 2018315.6411.9
May 2018310.6409.2
Apr 2018309.8407.5
Mar 2018313.1403.7
Feb 2018315.6406.1
Jan 2018315.2405.0
Dec 2017314.5406.5
Nov 2017313.7404.9
Oct 2017315.7406.0
Sep 2017318.7405.7
Aug 2017318.8407.2
Jul 2017314.3405.4
Jun 2017307.2400.2
May 2017303.3396.8
Apr 2017300.3394.4
Mar 2017298.3388.3
Feb 2017299.7389.1
Jan 2017304.8388.3
Dec 2016305.6388.7
Nov 2016302.2388.0
Oct 2016299.4386.2
Sep 2016300.2387.5
Aug 2016301.1388.1
Jul 2016298.7388.1
Jun 2016298.9384.0
May 2016294.3380.4
Apr 2016292.6376.0
Mar 2016289.6374.6
Feb 2016290.7370.8
Jan 2016290.0370.6
Dec 2015287.3369.6
Nov 2015283.7368.4
Oct 2015285.0365.6
Sep 2015285.9365.1
Aug 2015288.9364.3
Jul 2015286.1361.0
Jun 2015284.9355.0
May 2015283.6352.3
Apr 2015278.8348.5
Mar 2015274.1345.5
Feb 2015272.4344.2
Jan 2015275.3343.9
Dec 2014279.3345.7
Nov 2014278.6344.9
Oct 2014280.0346.1
Sep 2014280.5346.6
Aug 2014280.3346.2
Jul 2014277.9342.2
Jun 2014275.0337.5
May 2014271.4334.6
Apr 2014268.0331.1
Mar 2014265.3323.9
Feb 2014265.3322.7
Jan 2014265.9321.4
Dec 2013267.0321.0
Nov 2013269.3318.1
Oct 2013267.5316.4
Sep 2013264.4317.7
Aug 2013260.0317.4
Jul 2013260.2314.9
Jun 2013259.0311.4
May 2013259.1308.9
Apr 2013254.8307.3
Mar 2013259.6304.3
Feb 2013259.7302.5
Jan 2013262.9302.5
Dec 2012263.0304.6
Nov 2012261.5305.3
Oct 2012261.7305.0
Sep 2012260.6307.2
Aug 2012264.1308.3
Jul 2012266.9307.9
Jun 2012265.1306.7
May 2012263.1303.8
Apr 2012260.4302.8
Mar 2012263.6299.3
Feb 2012261.4298.5
Jan 2012262.5299.3
Dec 2011259.5301.3
Nov 2011266.1302.6
Oct 2011268.2302.5
Sep 2011271.7305.8
Aug 2011270.9306.6
Jul 2011269.6306.4
Jun 2011265.6302.6
May 2011263.3302.1
Apr 2011264.0303.4
Mar 2011263.7298.8
Feb 2011267.7300.2
Jan 2011270.6301.8
Dec 2010276.3304.3
Nov 2010276.9304.9
Oct 2010279.4308.5
Sep 2010281.9312.0
Aug 2010283.6312.8
Jul 2010278.2312.8
Jun 2010275.1309.7
May 2010272.7308.2
Apr 2010275.9306.7
Mar 2010274.8302.8
Feb 2010277.4302.8
Jan 2010281.3302.1
Dec 2009284.5303.2
Nov 2009281.5301.2
Oct 2009275.6300.2
Sep 2009274.6298.2
Aug 2009272.6295.9
Jul 2009273.0293.0
Jun 2009271.9287.8
May 2009276.3285.0
Apr 2009275.8281.1
Mar 2009277.5278.6
Feb 2009280.0280.3
Jan 2009279.4283.6
Dec 2008281.7290.3
Nov 2008277.6294.8
Oct 2008288.9303.4
Sep 2008294.3309.6
Aug 2008307.7317.6
Jul 2008307.7324.4
Jun 2008311.7328.0
May 2008308.6332.4
Apr 2008308.4330.4
Mar 2008306.4329.8
Feb 2008312.1332.2
Jan 2008318.4335.1
Dec 2007324.3341.3
Nov 2007323.4341.8
Oct 2007323.2342.0
Sep 2007321.0342.8
Aug 2007320.2342.3
Jul 2007320.9340.4
Jun 2007318.2336.1
May 2007313.7332.5
Apr 2007307.3328.7
Mar 2007305.6322.2
Feb 2007303.5319.8
Jan 2007302.5318.8
Dec 2006300.6319.0
Nov 2006297.9315.0
Oct 2006296.0313.4
Sep 2006295.5311.6
Aug 2006296.1310.3
Jul 2006296.3307.7
Jun 2006293.7303.4
May 2006289.6300.5
Apr 2006285.6297.7
Mar 2006283.4291.4
Feb 2006284.5289.0
Jan 2006283.7288.6
Dec 2005282.9289.0
Nov 2005282.6287.4
Oct 2005281.2286.6
Sep 2005279.5287.1
Aug 2005275.8287.6
Jul 2005272.8286.4
Jun 2005270.4282.8
May 2005267.6280.6
Apr 2005265.2277.6
Mar 2005258.9273.7
Feb 2005259.3271.5
Jan 2005258.2271.7
Dec 2004260.1271.9
Nov 2004257.6273.9
Oct 2004256.6274.3
Sep 2004253.1272.3
Aug 2004246.8272.8
Jul 2004240.4269.7
Jun 2004237.3264.1
May 2004232.1259.5
Apr 2004226.0256.4
Mar 2004220.3245.3
Feb 2004215.4244.7
Jan 2004214.3247.1
Dec 2003210.6245.6
Nov 2003211.3240.9
Oct 2003208.1243.6
Sep 2003204.0239.4
Aug 2003199.7240.2
Jul 2003194.3236.0
Jun 2003190.0231.9
May 2003183.9231.4
Apr 2003179.5233.0
Mar 2003173.6227.6
Feb 2003171.1222.8
Jan 2003169.9225.2
Dec 2002167.5226.8
Nov 2002160.2219.5
Oct 2002153.3217.3
Sep 2002148.4215.7
Aug 2002146.1210.6
Jul 2002143.5206.0
Jun 2002140.7204.4
May 2002138.6196.4
Apr 2002135.8191.4
Mar 2002134.0188.9
Feb 2002131.9182.5
Jan 2002130.6176.1
Dec 2001129.3176.7
Nov 2001128.4176.7
Oct 2001127.3176.7
Sep 2001125.1180.3
Aug 2001122.3180.3
Jul 2001120.2180.3
Jun 2001118.1174.1
May 2001117.8174.1
Apr 2001115.1174.1
Mar 2001116.8168.0
Feb 2001115.8168.0
Jan 2001116.9168.0
Dec 2000115.7168.9
Nov 2000116.0168.9
Oct 2000115.8168.9
Sep 2000115.7164.0
Aug 2000115.1164.0
Jul 2000113.7164.0
Jun 2000112.2161.0
May 2000109.7161.0
Apr 2000109.9161.0
Mar 2000108.7152.6
Feb 2000108.1152.6
Jan 2000106.8152.6
Dec 1999107.5148.8
Nov 1999109.0148.8
Oct 1999110.1148.8
Sep 1999108.8145.1
Aug 1999108.7145.1
Jul 1999107.7145.1
Jun 1999107.8137.1
May 1999107.0137.1
Apr 1999106.7137.1
Mar 1999106.7131.5
Feb 1999105.9131.5
Jan 1999105.6131.5
Dec 1998105.4130.7
Nov 1998105.3130.7
Oct 1998105.3130.7
Sep 1998105.7131.3
Aug 1998104.8131.3
Jul 1998104.8131.3
Jun 1998104.2125.8
May 1998105.0125.8
Apr 1998106.0125.8
Mar 1998104.0119.5
Feb 1998103.2119.5
Jan 1998101.5119.5
Dec 1997103.1116.5
Nov 1997104.3116.5
Oct 1997105.1116.5
Sep 1997106.3117.4
Aug 1997106.5117.4
Jul 1997106.4117.4
Jun 1997105.5111.7
May 1997104.0111.7
Apr 1997102.5111.7
Mar 1997101.5109.5
Feb 1997101.7109.5
Jan 1997102.8109.5
Dec 1996102.3108.0
Nov 1996101.9108.0
Oct 1996101.4108.0
Sep 1996102.2106.2
Aug 1996101.8106.2
Jul 1996101.0106.2
Jun 1996100.6102.2
May 1996100.5102.2
Apr 199698.8102.2
Mar 199696.7102.1
Feb 199696.5102.1
Jan 199698.1102.1
Dec 199599.6100.6
Nov 1995101.8100.6
Oct 1995102.7100.6
Sep 1995103.6102.0
Aug 1995104.2102.0
Jul 1995103.8102.0
Jun 1995104.0101.1
May 1995101.8101.1
Apr 1995101.2101.1
Mar 1995100.1100.0
Feb 1995100.1100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
August 1995February 1996−7.3%616
August 1997January 1998−4.7%514
October 1999January 2000−3.1%35
December 2007April 2013−21.4%6464
January 2023June 2023−3.1%513

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Wakefield

Sale prices have an 80% chance of landing between £193,171 and £210,903 by August 2027.

Expected, August 2027
£202,037
Chance of a rise
65%

At the average sale price, a home costs £199,283. With 10% down and a 30-year mortgage, the payment is £919 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
16%
Payment, one income
32%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£810
Owning per month
£938

22.8% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
940
Per 1,000 residents
2.5

Figures for United Kingdom: Wakefield has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 2,657 while 730 homes were finished: 3.6 new residents for every new home.

New residents per new home, 2025
3.6
Population change, 2025
+2,657

4.8% of the 161,073 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.8%
Empty homes
7,750

In 2025, 8% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
8%