WF7 (Featherstone) area guide

WF7
Featherstone
The WF7 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ackton, Ackworth, Ackworth, North Elmsall and Upton, Featherstone, Hemsworth, Old Snydale, Pontefract, Pontefract North, Streethouse.
N/A
N/A


Notes:

A Mouseprice property guide for WF7 Featherstone is coming soon. In the meantime, please have a look at the raw data and statistics about WF7 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Wakefield propertyThe size of the property market in WF7 is 8558 homes.

Wakefield propertyWhen compared against a national average compound annual growth rate (CAGR) over the last 5 years of 12.5%, the growth in this postcode district has been 14%. This could well be because this is a dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Wakefield propertyThe average property in this postcode district was valued at £128867 over the last 3 months.

Wakefield propertyWhen examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 7.6.

Wakefield propertyNew transactions as a percentage of overall sales are 11.4%.

Housing stock:

Featherstone propertySemi- Detached Houses make up the most significant portion of the housing stock, representing 37.1% of the total.

Featherstone propertyThe least common type of property in this area is Flats (6.8% of the total housing stock).

Featherstone propertyA high proportion of property in this area is socially rented.

Featherstone propertyThe majority of property in this area is owner occupied.

Featherstone propertyThe average price of a two bed property in this area is £106029, significantly less then the national average of £187894.

Who lives here:

Featherstone propertyTotal population in this area is 19983.
Featherstone propertyThe average age in this area is 38.
Featherstone propertyThis area has a high percentage of married people at 25.3%.
Featherstone propertyAverage working hours in this area for men are 42 and for women are 30.
Featherstone propertyThis area has 9.4 people per square kilometre.
Featherstone propertyThe largest source of work in this area is Wholesale & Retail (20.2% of workers), followed by Construction (17%).