Area Guide For Leeds

An educational hub, Leeds is home to the most number of students in England and is the country’s third largest city in terms of population. It also has a strong services sector, mainly focused on legal, insurance and financial services, which makes it a strong economic centre. Along with services, the city has also excelled industrially, thanks to plentiful natural resources and presence of River Aire. Residents also get to enjoy a lot of greenery, parks and open spaces.


Leeds Map

Estimated Price: £189,421
Average Asking Price: £214,678
Price change in last one year: £9,879
Average Price Paid: £165,921
Average Rent Rates: £1,062


Property Prices Breakdown in Leeds

Average Price for property in Leeds is around £189,421 which varies based on type of property you are interested in and ranges from £343,036 for detached house to around £183,807 for semi-detached. Similarly terraced house is around £132,168 and a flat is worth £153,025. Values have been changing and have risen £451 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,606 in last 6 months, £9,879 in last 1 year, £16,547 in last 2 years, £15,160 in last 3 years, £15,013 in last 4 years and £14,455 in last 5 years.

Currently average asking price of a property in Leeds is around £214,678 based on approximately 7,932 properties for sale. Same is the case with rental options based on 7,304 properties up for rent, average asking rent is around £1,062 per month.

Estimated property value in Leeds is £189,421. Average asking price is £214,678 while average price paid is £170,218 which is up by £9,879 and Avg. asking rent £1,062.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Leeds area. In last 1 year alone average price buyer paid is around £170,218 based on approximately 7,932 sales in Leeds area alone. If you compare it to last 3 years sales of 22,464 properties where buyers paid around £167,114. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £165,921 for 35,169 and average amount paid for purchase of approx. 48,193 properties sold in last 7 years comes to about £164,233 per sale.


Properties For Sale in Leeds


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £108,748, £124,570 for a 2 bedroom house, £168,926 for a 3 bedroom house, £306,483 for a 4 bedroom house and £483,572 for a 5 bedroom house. For a flat similarly the prices varies from £97,619 for a single bedroom to £142,152 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £215,161 and £418,000 for a 4 bedroom flat. To sum up the asking prices for properties in Leeds it comes to around average £100,227 for 1 bedroom property, £131,753 for 2 bedroom, £171,036 for 3 bedroom, £307,268 for 4 bedroom and £483,572 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £458 for 1 bedroom to £555 for 2 bedrooms, £677 for 3 bedrooms, £919 for 4 bedrooms and £1,087 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £499. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £697, £828 for 3 bedroom, £1,135 for 4 bedroom and around £1,252 for 5 bedroom flat. You should be generally be expecting around average £488 rent per month for single bedroom property, £622 for 2 bedroom, £705 for 3 bedroom, £939 for 4 bedroom and approximately £1,095 for a 5 bedroom property in Leeds area.

Popular Houses in Leeds

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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