Wakefield named one of the UK’s biggest property value hotspots in 2025
Home values have risen by 8.7% in the Yorkshire city over the past 12 months
Wakefield has been identified as one of the UK’s top property value hotspots for 2025, according to Lloyds.
The report, based on analysis of its mortgage data, revealed an average increase of 8.7% in home values in the city.
This places Wakefield fourth on the list of top-performing locations for house price growth over the past year.
Homes averaged £286,268, representing a cash increase of £22,887 compared to the previous year.
Amanda Bryden, head of mortgages at Lloyds, said: “Our customers' dream homes are found in pockets around the UK, and we've supported thousands of people to take their next home-buying step this year.
“While property prices play a role, choosing where to live is also about finding a place that feels right - a community you connect with, a commute that works for you, and a lifestyle that fits you.”
Wakefield appeared alongside Mansfield in fourth position, both recording an 8.7% rise in home values. Other locations in the top 10 include Plymouth, Stafford, Wigan, and Hull.
At the other end of the scale, Crawley and High Wycombe saw the sharpest declines, with property values falling by 8.9% and 7.4% respectively.
The report shows that property values across most parts of the UK experienced growth over the last 12 months. Northern Ireland led the way with the highest regional increase, reporting a 5.8% rise, while London averaged a slight decrease of 0.1%.
Lloyds’ findings compared property performance between October 2025 and October 2024, including only locations where a minimum of 150 mortgage offers were made during the period, excluding buy-to-let and shared ownership.