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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 118A, Balne Lane, Wakefield is £289,265 and the estimated rental value is £1,924 per month.
The apartment is within 118A, Balne Lane, Wakefield, WF2.
Balne Lane, Wakefield, WF2 is located in the borough of Wakefield within the WF2 postal district.
Flat 1, 118A, Balne Lane, Wakefield has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated June 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 1, 118A, Balne Lane, Wakefield is in very good condition we estimate a sale value of £303,728 and a rental value of £2,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,016 and a rental value of £1,790 per month.
Over the last 12 months the sale value of Flat 1 118A Balne Lane Wakefield has increased by an estimated £1,437 (0.5%) and its rental value has increased by an estimated £33 per month (1.7%), giving an expected gross yield of 8%.
Flat 1, 118A, Balne Lane, Wakefield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 118A, Balne Lane, Wakefield was last sold on 24th January 2024 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has risen 35.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 500 metres radius of Flat 1, 118A, Balne Lane, Wakefield over the last 2 years.
The most recent example is 120, Balne Lane, Wakefield, WF2 0DL, a freehold house which sold for £260,000 on the 6th October 2025.
Read more about house prices in WF2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balne Lane, Wakefield, WF2 has a total of 103 addresses. According to our analysis of all the public data, Flat 1, 118A, Balne Lane, Wakefield is the 103rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in WF2.
The closest station to Flat 1, 118A, Balne Lane, Wakefield is Wakefield Westgate station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 118A, Balne Lane, Wakefield, 37.2% of property is privately owned with a mortgage and 34.3% is privately owned outright.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 1, 118A, Balne Lane, Wakefield, 17.6% of residents are recorded as possessing school level qualifications and 22.5% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 118A, Balne Lane, Wakefield, the average age was 38.5 and the most common age was 27.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 1, 118A, Balne Lane, Wakefield, 0.6% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 1, 118A, Balne Lane, Wakefield, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.