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Morley House Prices Morley House Prices

The average house price in Morley is £196,764 using HM Land Registry data.

The average property price increased by £69,379 (39.99%) over the last 5 years and increased by £13,866 (6.06%) over the last 12 months.

Over the last year, there were 414 residential property sales – a decrease of 186 transactions (-44.93%) relative to the previous year. The majority of house sales (86) were in the £156,000 - £202,000 range. Then came properties in the £202,000 - £248,000 range, where 84 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 38 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,464 (-2%).

In April 2024, there were 69 new estate agency instructions, 49 agreed home sales and 36 property price reductions.

Neighbouring Areas: Leeds, Gildersome, East Ardsley, Batley

Postcodes Covered: LS11, LS12, LS27, WF3

5-Year Average Property Prices in Morley

39.99%

Property prices in Morley increased by 39.99% 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 Morley Over the Last Year

6.06%

Property prices in Morley increased by 6.06% 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 Morley - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Morley

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 Morley

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 Morley

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 Morley since 1995

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

Recent Property Sales in Morley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Springfield Lane, Morley, Leeds, West Yorkshire, LS27 9PH£164,995£164,995£0026 Oct 202301 Mar 2024127 Days
14 Hawley Way, Morley, Leeds, West Yorkshire, LS27 0SA£184,995£181,200-£3,79527 Oct 202329 Feb 2024125 Days
3 School Street, Churwell, Leeds, West Yorkshire, LS27 7SQ£200,000£182,500-£17,50001 Aug 202329 Feb 2024212 Days
30 Rydal Crescent, Morley, Leeds, West Yorkshire, LS27 8SW£155,000£148,000-£7,00002 Nov 202326 Feb 2024116 Days
41a, Clough Street, Morley, Leeds, West Yorkshire, LS27 8RL£160,000£156,500-£3,50008 Aug 202316 Feb 2024192 Days
21 Tingley Common, Morley, Leeds, West Yorkshire, LS27 0HF£240,000£220,000-£20,00007 Nov 202316 Feb 2024101 Days
4 Johnson Terrace, Morley, Leeds, West Yorkshire, LS27 8QR£170,000£165,000-£5,00001 Nov 202312 Feb 2024103 Days
11 Hepworth Crescent, Churwell, Leeds, West Yorkshire, LS27 7RL£150,000£141,500-£8,50021 Sep 202309 Feb 2024141 Days
2 Spring Gardens, Churwell, Leeds, West Yorkshire, LS27 7NE£210,000£210,000£0024 Oct 202301 Feb 2024100 Days
63 Elland Road, Churwell, Leeds, West Yorkshire, LS27 7QS£185,000£178,000-£7,00018 Aug 202331 Jan 2024166 Days
Flat 7, Victoria Court, Victoria Mews, Morley, Leeds, West Yorkshire, LS27 9DA£60,000£58,000-£2,00005 May 202326 Jan 2024266 Days
39 Elmfield Court, Morley, Leeds, West Yorkshire, LS27 0EP£112,995£109,000-£3,99524 Aug 202326 Jan 2024155 Days
27 Springfield Avenue, Morley, Leeds, West Yorkshire, LS27 9PP£299,995£285,000-£14,99530 Oct 202319 Jan 202481 Days
6 Mountcliffe View, Churwell, Leeds, West Yorkshire, LS27 7PF£199,950£199,950£0005 Sep 202312 Jan 2024129 Days
95 Springfield Road, Morley, Leeds, West Yorkshire, LS27 9TA£550,000£540,000-£10,00007 Jan 202412 Jan 20245 Days
Fairways, Scotchman Lane, Morley, Leeds, West Yorkshire, LS27 0NY£750,000£742,500-£7,50013 Feb 202309 Jan 2024330 Days
Flat 10, Peel Mills, Commercial Street, Morley, Leeds, West Yorkshire, LS27 8AZ£80,000£75,000-£5,00026 Jul 202308 Jan 2024166 Days
7 Trafalgar Gardens, Morley, Leeds, West Yorkshire, LS27 0RU£290,000£286,000-£4,00025 Sep 202308 Jan 2024105 Days
61 Rein Road, Tingley, Wakefield, West Yorkshire, WF3 1HY£260,000£255,000-£5,00008 Sep 202308 Jan 2024122 Days
20 Bridge Court, Morley, Leeds, West Yorkshire, LS27 0BD£290,000£290,000£0005 Oct 202305 Jan 202492 Days

Most Expensive Streets in Morley

PostcodeStreetAreaAverageNo. of Sales
LS27 0NYScotchman LaneMorley£563,0628
LS27 9TEHargreaves CloseMorley£457,5004
LS27 8DJSandringham CloseMorley£424,9984
LS27 0QXThe GallopsMorley£412,6656
LS27 9PARooms LaneMorley£412,55010
LS27 9TASpringfield RoadMorley£380,4166
LS27 8BFWatering MeadowMorley£378,7503
LS27 0GDBlackwell CourtMorley£364,2474
LS27 0GNBlackburn GateMorley£362,4954
LS27 9HWSandmead CroftMorley£359,9874

Least Expensive Streets in Morley

PostcodeStreetAreaAverageNo. of Sales
LS27 8QBLewisham CourtMorley£64,9003
LS27 8QALewisham CourtMorley£65,6663
LS27 9QQNepshaw LaneMorley£74,8333
LS27 9DAVictoria CourtVictoria Mews£75,5008
LS27 8BJMelbourne MillsMelbourne Street, Morley£78,38018
LS27 8DPCompass CourtMelbourne Street, Morley£81,6663
LS27 8RQPeel StreetMorley£88,5003
LS27 0EHBlenkinsop CourtMorley£91,3333
LS27 8WQHanover CourtAlbert Road£96,3333
LS27 0SDChalner AvenueMorley£99,3889

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