Average Price for property in Wakefield is around £169,244 which varies based on type of property you are interested in and ranges from £256,474 for detached house to around £146,148 for semi-detached. Similarly terraced house is around £115,265 and a flat is worth £114,041. Values have been changing and have risen £205 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,102 in last 6 months, £11,806 in last 1 year, £13,379 in last 2 years, £20,159 in last 3 years, £12,471 in last 4 years and £11,863 in last 5 years.
Currently average asking price of a property in Wakefield is around £208,092 based on approximately 1,808 properties for sale. Same is the case with rental options based on 432 properties up for rent, average asking rent is around £912 per month.
Estimated property value in Wakefield is £169,244. Average asking price is £208,092 while average price paid is £160,838 which is up by £11,806 and Avg. asking rent £912.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Wakefield area. In last 1 year alone average price buyer paid is around £160,838 based on approximately 1,808 sales in Wakefield area alone. If you compare it to last 3 years sales of 5,072 properties where buyers paid around £154,831. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £155,060 for 7,874 and average amount paid for purchase of approx. 10,670 properties sold in last 7 years comes to about £154,864 per sale.