Pay vs Place

East Riding of Yorkshire vs Wakefield: buying or renting a home

A typical terraced house costs £8,000 (5%) more in East Riding of Yorkshire than in Wakefield. Measured against local pay, buying is about equally hard in both.

East Riding of Yorkshire, terraced
£163,000
Income typically needed: £32,500
Median full-time pay: £37,595
Wakefield, terraced
£155,000
Income typically needed: £31,000
Median full-time pay: £34,400

At a glance

East Riding of Yorkshire Wakefield
Buying a home Fairly affordable Fairly affordable
Renting a home Affordable Fairly affordable
Recorded crime Low Above average

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Wakefield (£34,400) is 8% lower than in East Riding of Yorkshire (£37,595), while a typical terraced house costs 5% less (£155,000 against £163,000).

Buying a terraced house takes 4.3× annual pay in East Riding of Yorkshire and 4.5× in Wakefield. Renting one takes 22% of pay in East Riding of Yorkshire and 27% in Wakefield. Renting is harder in Wakefield; buying is about the same.

Across all property types and measured against pay, East Riding of Yorkshire is the 60th least expensive of 316 areas to buy in, and Wakefield is the 58th least expensive of 316 areas. For renting against pay, East Riding of Yorkshire is the 17th least expensive of 316 areas and Wakefield is the 88th least expensive of 316 areas.

Someone on £40,000 in East Riding of Yorkshire would need about £38,000 in Wakefield to be equally placed to buy a terraced house, and about £44,500 to be equally placed to rent one. Keeping the same pay after a move to Wakefield would leave you better placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 51.4 crimes per 1,000 residents in East Riding of Yorkshire and 105.8 in Wakefield, so recorded crime per resident in Wakefield is 2.1 times the rate in East Riding of Yorkshire. The biggest difference is in vehicle offences: 1.9 per 1,000 in East Riding of Yorkshire against 6.3 in Wakefield.

Can a typical earner buy?

Terraced house East Riding of Yorkshire Wakefield
Median full-time pay £37,595 £34,400
House price ÷ pay 4.3× 4.5×
Median pay as a share of income typically needed to buy 115% 111%
Rent a year as a share of median pay 22% 27%

Buying, by property type

Type East Riding of Yorkshire Wakefield Difference
Detached £332,500 £335,000 +1% in Wakefield
Semi-detached £205,000 £205,000 0% in Wakefield
Terraced £163,000 £155,000 -5% in Wakefield
Flat £100,000 £105,000 +5% in Wakefield

Renting, by property type

Type (average rent a month) East Riding of Yorkshire Wakefield Difference
Detached £1,029 £1,105 +7% in Wakefield
Semi-detached £773 £868 +12% in Wakefield
Terraced £701 £784 +12% in Wakefield
Flat £573 £664 +16% in Wakefield

Crime

Police recorded 51.4 crimes per 1,000 residents in East Riding of Yorkshire and 105.8 in Wakefield, so recorded crime per resident in Wakefield is 2.1 times the rate in East Riding of Yorkshire.

Police recorded crime per 1,000 residents East Riding of Yorkshire Wakefield Difference
All recorded crime (excluding fraud) 51.4 105.8 +106% in Wakefield
Violence against the person 23.0 47.7 +107% in Wakefield
Sexual offences 2.1 4.4 +105% in Wakefield
Robbery 0.2 1.1 +375% in Wakefield
Residential burglary (per 1,000 households) 4.0 7.5 +87% in Wakefield
Vehicle offences 1.9 6.3 +230% in Wakefield
Theft from the person 0.1 0.6 +367% in Wakefield
Criminal damage and arson 4.8 8.2 +70% in Wakefield

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

East Riding of Yorkshire: 162Wakefield: 169
House prices in East Riding of Yorkshire and Wakefield since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. East Riding of Yorkshire now 162, Wakefield now 169.8010012014016018020052010201520202025House prices in East Riding of Yorkshire and Wakefield since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. East Riding of Yorkshire now 162, Wakefield now 169.8010012014016018020102020
Show the figures
YearEast Riding of YorkshireWakefield
2005100100
2006107108
2007113116
2008112111
2009100102
2010104102
201110298
201210197
201310297
2014105101
2015110104
2016115109
2017121114
2018124118
2019127121
2020130125
2021142141
2022153155
2023156158
2024155160
2025160165
12 months to July 2026162169

In 2005 the average home cost £134,763 in East Riding of Yorkshire and £116,811 in Wakefield. Now it is £218,265 and £197,147: East Riding of Yorkshire is up 62% and Wakefield is up 69%. Prices have risen faster in Wakefield, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

East Riding of Yorkshire: 5.8 years of payWakefield: 5.6 years of pay
Years of median pay needed to buy the average home in East Riding of Yorkshire and WakefieldEast Riding of Yorkshire now 5.8, Wakefield now 5.6 years of pay.0×2×4×6×20052010201520202025Years of median pay needed to buy the average home in East Riding of Yorkshire and WakefieldEast Riding of Yorkshire now 5.8, Wakefield now 5.6 years of pay.0×2×4×6×20052010201520202025
Show the figures
YearEast Riding of YorkshireWakefield
20055.6 years of pay5.7 years of pay
20105.1 years of pay5.4 years of pay
20155.6 years of pay5.2 years of pay
20205.5 years of pay5.6 years of pay
20255.8 years of pay5.6 years of pay

In 2005 a home cost 5.6 years of pay in East Riding of Yorkshire and 5.7 years in Wakefield. In 2025 it was 5.8 years and 5.6 years.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

East Riding of Yorkshire: 143Wakefield: 148
Rents in East Riding of Yorkshire and Wakefield since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. East Riding of Yorkshire now 143, Wakefield now 148.100120140160201620182020202220242026Rents in East Riding of Yorkshire and Wakefield since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. East Riding of Yorkshire now 143, Wakefield now 148.100120140160201520202025
Show the figures
YearEast Riding of YorkshireWakefield
2015100100
2016102101
2017105102
2018105103
2019107104
2020109108
2021113112
2022116119
2023121128
2024129136
2025136139
August 2026143148

In 2015 the average rent was £505 a month in East Riding of Yorkshire and £546 in Wakefield. Now it is £724 and £806: up 43% in East Riding of Yorkshire and up 48% in Wakefield.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from East Riding of Yorkshire to Wakefield

Earning in East Riding of Yorkshire Equivalent to buy in Wakefield Equivalent to rent in Wakefield
£30,000 £28,500 £33,500
£40,000 £38,000 £44,500
£50,000 £47,500 £56,000
£60,000 £57,000 £67,000

Moving from Wakefield to East Riding of Yorkshire

Earning in Wakefield Equivalent to buy in East Riding of Yorkshire Equivalent to rent in East Riding of Yorkshire
£30,000 £31,500 £27,000
£40,000 £42,000 £36,000
£50,000 £52,500 £44,500
£60,000 £63,000 £53,500
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All East Riding of Yorkshire figures · All Wakefield figures