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House Prices in LS1

The average house price in LS1 (Leeds) is £222,500 using HM Land Registry data.

The average property price decreased by £5,703 (-27.63%) over the last 5 years and decreased by £1,143 (-4.12%) over the last 12 months.

Over the last year, there were 31 residential property sales – a decrease of 11 transactions (-35.48%) relative to the previous year. The majority of house sales (10) were in the £130,000 - £188,000 range. Then came properties in the £188,000 - £246,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 135 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In Oct 24, there were 17 new estate agency instructions, 8 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in LS1 (Leeds)

27.63%

Property prices in Leeds increased by 27.63% 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 LS1 (Leeds) Over the Last Year

4.12%

Property prices in Leeds increased by 4.12% 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.

Property Market Heat Gauge for LS1 (Leeds) - Oct 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 LS1 (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 LS1 (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 LS1 (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 LS1 (Leeds) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LS1 postcode area since 1995.

Recent Sales in LS1 (Leeds)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
43 Riverside Court, Leeds, West Yorkshire, LS1 7BU	£180,000	£180,000	£00	20 Apr 2021	15 Oct 2021	178 Days
46 Marlborough Grange, Leeds, West Yorkshire, LS1 4PF	£175,000	£170,000	-£5,000	16 Jan 2020	06 Aug 2020	203 Days
9 Marlborough Grange, Leeds, West Yorkshire, LS1 4PF	£165,000	£158,000	-£7,000	03 Jul 2019	06 Mar 2020	247 Days
4 Portland Gate, Leeds, West Yorkshire, LS1 3HL	£200,000	£200,000	£00	22 Mar 2019	09 Jul 2019	109 Days
32 Riverside Court, Leeds, West Yorkshire, LS1 7BU	£164,950	£135,000	-£29,950	11 May 2017	13 Nov 2018	551 Days
58 Marlborough Towers, Leeds, West Yorkshire, LS1 4PQ	£90,000	£85,000	-£5,000	06 Aug 2018	19 Oct 2018	74 Days
34 Regent Court, Leeds, West Yorkshire, LS1 6ND	£115,000	£112,000	-£3,000	17 Apr 2018	09 Oct 2018	175 Days
62 Marlborough Towers, Leeds, West Yorkshire, LS1 4PQ	£90,000	£85,000	-£5,000	23 Feb 2018	15 Jun 2018	112 Days

Most Expensive Streets in LS1 (Leeds)

Postcode	Street	Area	Average	No. of Sales
LS1 4ES	Concordia Street	Leeds	£588,461	9
LS1 2FL	St Pauls Street	Leeds	£365,666	3
LS1 4JF	Wellington Street	Leeds	£266,250	4
LS1 4GJ	Wharf Approach	Leeds	£224,713	24
LS1 2BH	East Parade	Leeds	£203,241	6
LS1 2RL	York Place	Leeds	£203,125	4
LS1 3LA	Great George Street	Leeds	£202,400	13
LS1 4EG	Riverside Way	Leeds	£201,750	4
LS1 4GH	Wharf Approach	Leeds	£198,794	27
LS1 4GN	Wharf Approach	Leeds	£195,625	4

Least Expensive Streets in LS1 (Leeds)

Postcode	Street	Area	Average	No. of Sales
LS1 6LZ	King Charles Street	Leeds	£111,888	9
LS1 4JJ	West Point, Wellington Street, Leeds	Leeds	£118,900	5
LS1 4JL	West Point, Wellington Street, Leeds	Leeds	£137,500	3
LS1 5AD	New Station Street	Leeds	£145,000	3
LS1 3DL	Great George Street	Leeds	£151,000	4
LS1 6DE	Vassalli House, Central Road	Leeds	£154,927	8
LS1 5HB	Park Row	Leeds	£160,833	3
LS1 4PF	Marlborough Grange	Leeds	£161,550	5
LS1 2EU	York Place	Leeds	£168,750	4
LS1 4EF	Riverside Way	Leeds	£170,000	4