Property investment stats for Normanton (Wakefield), Yorkshire and The Humber

• Rental yields are strong, especially in the top-performing postcode district where returns reach 6.3%.
• The affordability of both sales and rents (with a median sale price for a 3-bedroom house of £230,000 and a median rent for a 2-bedroom flat of £675) opens the market to a wide tenant base.
• The area’s high proportion of couples and families (in the 91st and 56th percentiles respectively) supports stable, long-term tenancies.

• Capital growth has been modest, with a 1-year growth of 0.7% and an annualised 3-year rate of 0.4%.
• The private rented sector sits in the 29th percentile, limiting the pool of renters compared to some other markets.
• The proportion of degree-educated and professional residents is low (15th and 22nd percentiles), which could affect long-term demand from higher-earning tenants.

Expect Normanton’s property market to remain steady over the next year. The combination of affordable purchase prices and strong rental yields of 5.7% should continue to attract value-focused investors.

While capital appreciation is likely to be slow (as shown by the annualised growth rate of 0.4%), the area’s appeal to families and couples provides a solid foundation for rental demand. Investors should not expect rapid price gains, but the stability of the market and the ability to negotiate on price (with a median discount of £4,000 (the typical achieved discount)) make it a practical choice.

In summary, steady rental returns and affordability are the main draws, with capital growth taking a back seat.