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Leeds House Prices Leeds House Prices

The average house price in Leeds is £252,495 using HM Land Registry data.

The average property price increased by £70,751 (35.15%) over the last 5 years and increased by £14,140 (5.48%) over the last 12 months.

Over the last year, there were 4,274 residential property sales – a decrease of 1,404 transactions (-32.85%) relative to the previous year. The majority of house sales (1129) were in the £110,000 - £176,000 range. Then came properties in the £176,000 - £242,000 range, where 991 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,421 (-2%).

In April 2024, there were 918 new estate agency instructions, 583 agreed home sales and 341 property price reductions.

Neighbouring Areas: Rawdon, Pudsey, Gildersome, Drighlington, Rothwell (West Yorkshire), Morley, East Ardsley

Postcodes Covered: LS1, LS10, LS11, LS12, LS13, LS14, LS15, LS16, LS17, LS18, LS2, LS27, LS28, LS3, LS4, LS5, LS6, LS7, LS8, LS9, WF3

5-Year Average Property Prices in Leeds

35.15%

Property prices in Leeds increased by 35.15% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Leeds Over the Last Year

5.48%

Property prices in Leeds increased by 5.48% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Leeds - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Leeds

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Leeds

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Leeds

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Leeds since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Leeds area since 1995.

Recent Property Sales in Leeds

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
159 Whinmoor Way, Leeds, West Yorkshire, LS14 5DL£150,000£135,000-£15,00013 May 202315 Mar 2024307 Days
65 Ridgeway, Leeds, West Yorkshire, LS8 4DD£500,000£480,000-£20,00006 Oct 202315 Mar 2024161 Days
10 Aberdeen Walk, Leeds, West Yorkshire, LS12 3SB£99,950£90,000-£9,95004 May 201315 Mar 20243968 Days
89 Kelmscott Lane, Leeds, West Yorkshire, LS15 8JT£220,000£220,000£0007 Aug 202314 Mar 2024220 Days
Flat 4, Burton Court, Burton Crescent, Leeds, West Yorkshire, LS6 4DN£300,000£295,000-£5,00006 Jun 202314 Mar 2024282 Days
56 New Templegate, Leeds, West Yorkshire, LS15 0JQ£259,500£245,000-£14,50017 Nov 202308 Mar 2024112 Days
13 Austhorpe Grove, Leeds, West Yorkshire, LS15 8PY£400,000£380,000-£20,00021 Sep 202308 Mar 2024169 Days
14 Oakdene Drive, Leeds, West Yorkshire, LS17 8XW£375,000£350,000-£25,00015 Sep 202308 Mar 2024175 Days
18 Pasture Crescent, Leeds, West Yorkshire, LS7 4QS£315,000£305,000-£10,00017 Mar 202308 Mar 2024357 Days
12 Colton Road, Armley, Leeds, West Yorkshire, LS12 1TU£140,000£135,000-£5,00016 Nov 202308 Mar 2024113 Days
61 Henconner Lane, Chapel Allerton, Leeds, West Yorkshire, LS7 3NX£240,000£240,000£0022 Sep 202306 Mar 2024166 Days
42 Calverley Garth, Leeds, West Yorkshire, LS13 3LJ£220,000£217,000-£3,00030 Oct 202305 Mar 2024127 Days
2 The Rowans, Leeds, West Yorkshire, LS13 1BD£250,000£243,000-£7,00013 Oct 202304 Mar 2024143 Days
115 Kentmere Avenue, Leeds, West Yorkshire, LS14 1BP£130,000£125,000-£5,00024 Aug 202201 Mar 2024555 Days
36 The Avenue, Roundhay, Leeds, West Yorkshire, LS8 1JG£350,000£323,000-£27,00024 Feb 202301 Mar 2024371 Days
8 Victoria Grove, Leeds, West Yorkshire, LS9 9DW£140,000£136,500-£3,50003 Nov 202301 Mar 2024119 Days
2 Lanshaw Terrace, Leeds, West Yorkshire, LS10 3NX£170,000£170,000£0013 Nov 202301 Mar 2024109 Days
58 Templegate Close, Leeds, West Yorkshire, LS15 0PJ£350,000£325,000-£25,00022 Sep 202329 Feb 2024160 Days
11 Woodville Court, Leeds, West Yorkshire, LS8 1JA£210,000£205,000-£5,00003 Aug 202329 Feb 2024210 Days
29 Compton Row, Leeds, West Yorkshire, LS9 6DL£100,000£96,000-£4,00022 Jan 202429 Feb 202438 Days

Most Expensive Streets in Leeds

PostcodeStreetAreaAverageNo. of Sales
LS17 9JDManor House LaneLeeds£2,051,4287
LS17 7DWSandmoor AvenueLeeds£2,013,7504
LS17 7PGAlwoodley LaneLeeds£1,607,5004
LS17 7DFSandmoor DriveLeeds£1,543,1377
LS17 8FBAlwoodley GatesLeeds£1,425,0003
LS17 8SJWigton LaneLeeds£1,400,0003
LS17 8SGWigton ChaseLeeds£1,344,3754
LS17 7PRLakeland CrescentLeeds£1,227,0005
LS18 5SEScotland LaneHorsforth£1,215,0003
LS17 8FUSilver GatesWigton Lane£1,189,1666

Least Expensive Streets in Leeds

PostcodeStreetAreaAverageNo. of Sales
LS4 2SJSt Anns LodgeSt Anns Lane£37,8217
LS7 1BHTwenty TwentySkinner Lane£46,6254
LS12 3SATower MewsTower Lane£53,2005
LS12 4BNGuardian MewsLynwood Garth£55,7405
LS8 1SFBrackenwood DriveLeeds£55,7506
LS10 3RTNewhall GreenLeeds£56,0647
LS12 1UUChapel FoldArmley£56,6663
LS10 3RXNewhall RoadLeeds£57,8333
LS11 6HZBrompton TerraceLeeds£59,3333
LS2 7JQRegent StreetLeeds£59,85714

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