If you are thinking of moving to Wakefield in West Yorkshire, then here is a quick overview of what you need to know.
House Prices 🏠
- Most expensive property: £995,000 for a 5 bedroom detached home
- Average house price in Wakefield: £172,128
- Cheapest property: £30,000 - 1 bed studio apartment.
Property Investment 🏠 🏠
- Overall sold prices in Wakefield over the last year (2016) were 6% up on the previous year
- Residential property prices in the Yorks and Humber region are forecast to increase by 10% by 2021
- The areas has undergone massive regeneration in the last, making it attractive to investors and homemakers alike.
- In 2015 it was reported that Wakefield’s economic growth is in front of region’s major cities – adding 15.2% in value in five years to 2013
- In the last decade the area has undergoing significant regeneration, including new the art gallery, The Hepworth Wakefield which added some £10m to the local economy by attracting 500,000 visitors in its first year and regeneration of the waterside
- The £200m Trinity Walk shopping centre opened in 2011 and is due to be expanded with a cinema complex, attracting around 400,000 customers a year, half of them newcomers to Wakefield.
Location and Transport 🚌
- Three of the country’s main road networks meet just outside Wakefield, as well as a main train line to London
- Wakefield is on the West-European Economic Corridor linking directly to the continent by air and sea
- Five major airports are located nearby.
- There are a mix of state funded, independent and other schools in the area primarily a mix of Church of England, Methodist and Catholic
- Wakefield College is the major provider of 6th form and further education in the area, with around 3,000 full-time and 10,000 part-time students and campuses in the city and surrounding towns.
- Wakefield has a rich history, with castles, museums and art galleries.
- The district has 9 country parks, many of which are reclaimed former colliery/ mineral extraction sites, as well as plenty of other green spaces.
- Wakefield Cathedral is a beautiful place for the religious and the non-religious.
Finally, did you know …
- The famous nursery rhyme The Grand Old Duke of York originates from the city (referring to the Battle of Wakefield in 1460 when the Duke of York was killed)?
- In the Middle Ages it was known as the “Merrie City”?
- In 1906, the Scottish/American businessman Andrew Carnegie gave a grant of £8,000 for the Wakefield Library on Drury Lane?