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House Prices in LS3

The average house price in LS3 (Leeds) is £215,000 using HM Land Registry data.

The average property price decreased by £7,538 (-89.72%) over the last 5 years and decreased by £1,510 (-9.47%) over the last 12 months.

Over the last year, there were 6 residential property sales – a decrease of 2 transactions (-33.33%) relative to the previous year. The majority of house sales (2) were in the £110,000 - £178,000 range. Then came properties in the £178,000 - £246,000 range, where 2 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 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 3 new estate agency instructions, 4 agreed home sales and 1 property price reductions.

5-Year Average Property Prices in LS3 (Leeds)

89.72%

Property prices in Leeds increased by 89.72% 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 LS3 (Leeds) Over the Last Year

9.47%

Property prices in Leeds increased by 9.47% 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 LS3 (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 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 LS3 (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 LS3 (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 LS3 (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 LS3 (Leeds) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LS3 postcode area since 1995.

Recent Sales in LS3 (Leeds)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Victoria Terrace, Leeds, West Yorkshire, LS3 1BX	£450,000	£445,000	-£5,000	13 Mar 2023	06 Sep 2023	177 Days
19 St Johns Terrace, Leeds, West Yorkshire, LS3 1DY	£600,000	£565,000	-£35,000	27 Oct 2021	20 Sep 2022	328 Days
6 Kendal Rise, Leeds, West Yorkshire, LS3 1NW	£350,000	£350,000	£00	08 Oct 2021	19 May 2022	223 Days
78 Westfield Road, Leeds, West Yorkshire, LS3 1DF	£155,000	£154,300	-£700	16 Jul 2021	17 Sep 2021	63 Days
7 Claremont Avenue, Leeds, West Yorkshire, LS3 1AT	£249,950	£240,000	-£9,950	12 Nov 2019	12 Mar 2020	121 Days
31 Victoria Terrace, Leeds, West Yorkshire, LS3 1BX	£345,000	£324,000	-£21,000	22 Aug 2019	16 Jan 2020	147 Days
14 Rosebank Gardens, Leeds, West Yorkshire, LS3 1EZ	£179,950	£176,000	-£3,950	17 Oct 2018	01 Mar 2019	135 Days
49 Hanover Square, Leeds, West Yorkshire, LS3 1BQ	£275,000	£275,000	£00	13 Nov 2018	14 Jan 2019	62 Days
30 Belle Vue Court, Leeds, West Yorkshire, LS3 1EU	£100,000	£94,200	-£5,800	14 May 2018	03 Oct 2018	142 Days
59 Rillbank Lane, Leeds, West Yorkshire, LS3 1HA	£140,000	£138,000	-£2,000	06 Jun 2018	10 Aug 2018	65 Days
53 Rillbank Lane, Leeds, West Yorkshire, LS3 1HA	£115,000	£113,000	-£2,000	24 Jan 2018	23 May 2018	119 Days
37 Kendal Lane, Leeds, West Yorkshire, LS3 1AS	£120,000	£112,000	-£8,000	13 Dec 2010	06 Apr 2018	2671 Days

Most Expensive Streets in LS3 (Leeds)

Postcode	Street	Area	Average	No. of Sales
LS3 1BW	Hanover Square	Leeds	£301,294	9
LS3 1BW	Hanover Square	Leeds	£301,294	9
LS3 1BQ	Hanover Square	Leeds	£173,750	4
LS3 1BQ	Hanover Square	Leeds	£173,750	4
LS3 1HN	Kelso Heights, Belle Vue Road	Leeds	£117,416	6
LS3 1HN	Kelso Heights, Belle Vue Road	Leeds	£117,416	6

Least Expensive Streets in LS3 (Leeds)

Postcode	Street	Area	Average	No. of Sales
LS3 1HN	Kelso Heights, Belle Vue Road	Leeds	£117,416	6
LS3 1HN	Kelso Heights, Belle Vue Road	Leeds	£117,416	6
LS3 1BQ	Hanover Square	Leeds	£173,750	4
LS3 1BQ	Hanover Square	Leeds	£173,750	4
LS3 1BW	Hanover Square	Leeds	£301,294	9
LS3 1BW	Hanover Square	Leeds	£301,294	9