As described in historical dictionaries

Patronymica Britannica (1860)

WEALE. Probably a very old Teutonic personal name. Yela and Welo were Old German names of the Vtll. and IX. centuries. " The etymon of it (and not an inappropriate one) may be the A-Sax. 7i-cla, wealth, happiness, prosperity." Ferguson,

Lower, Mark A (1860) Patronymica Britannica: a dictionary of the family names of the United Kingdom. London: J.R. Smith. Public Domain.


BritishSurnames.uk is a Good Stuff website.