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House Prices in LS5

The average house price in LS5 (Leeds) is £221,750 using HM Land Registry data.

The average property price increased by £55,891 (31.57%) over the last 5 years and increased by £11,173 (4.59%) over the last 12 months.

Over the last year, there were 96 residential property sales – a decrease of 26 transactions (-27.08%) relative to the previous year. The majority of house sales (23) were in the £218,000 - £254,000 range. Then came properties in the £182,000 - £218,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 39 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,371 (-3%).

In June 2024, there were 9 new estate agency instructions, 8 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in LS5 (Leeds)

31.57%

Property prices in Leeds increased by 31.57% 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 LS5 (Leeds) Over the Last Year

4.59%

Property prices in Leeds increased by 4.59% 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 LS5 (Leeds) - June 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 LS5 (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 LS5 (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 LS5 (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 LS5 (Leeds) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LS5 postcode area since 1995.

Recent Sales in LS5 (Leeds)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
31 Abbeydale Garth, Leeds, West Yorkshire, LS5 3RQ	£154,950	£154,950	£00	12 Dec 2023	15 Mar 2024	94 Days
14 Norman View, Leeds, West Yorkshire, LS5 3JJ	£135,000	£128,500	-£6,500	23 Jan 2014	20 Feb 2024	3680 Days
6 The Cricketers, Leeds, West Yorkshire, LS5 3RL	£170,000	£150,000	-£20,000	31 May 2023	26 Jan 2024	240 Days
32 Sandford Road, Leeds, West Yorkshire, LS5 3BA	£150,000	£130,000	-£20,000	21 Sep 2023	11 Jan 2024	112 Days
67 Vesper Road, Leeds, West Yorkshire, LS5 3QT	£239,950	£238,210	-£1,740	23 Sep 2023	09 Jan 2024	108 Days
46 The Cricketers, Leeds, West Yorkshire, LS5 3RL	£120,000	£110,000	-£10,000	13 Feb 2023	07 Dec 2023	297 Days
47 Lancastre Grove, Leeds, West Yorkshire, LS5 3DZ	£165,000	£163,900	-£1,100	05 May 2023	04 Dec 2023	213 Days
105 Kirkstall Lane, Leeds, West Yorkshire, LS5 3LF	£275,000	£266,000	-£9,000	12 Apr 2023	21 Nov 2023	223 Days
1 Norman Row, Leeds, West Yorkshire, LS5 3JL	£195,000	£183,000	-£12,000	17 Aug 2023	15 Nov 2023	90 Days
121 Kirkstall Lane, Leeds, West Yorkshire, LS5 3LF	£290,000	£283,000	-£7,000	26 May 2023	03 Nov 2023	161 Days
4 Vesper Way, Leeds, West Yorkshire, LS5 3LN	£180,000	£170,000	-£10,000	27 Mar 2023	25 Oct 2023	212 Days
20 Vicarage View, Leeds, West Yorkshire, LS5 3HF	£195,000	£188,000	-£7,000	26 Jun 2023	20 Oct 2023	116 Days
3 Quarry Bank Court, Leeds, West Yorkshire, LS5 3NT	£289,950	£289,950	£00	25 Jul 2023	19 Oct 2023	86 Days
36 Vesper Road, Leeds, West Yorkshire, LS5 3NX	£599,950	£565,000	-£34,950	13 May 2023	18 Oct 2023	158 Days
17 Vicarage Mews, Leeds, West Yorkshire, LS5 3GZ	£160,000	£157,500	-£2,500	01 Mar 2023	06 Oct 2023	219 Days
4 Southolme Close, Leeds, West Yorkshire, LS5 3LP	£290,000	£282,500	-£7,500	29 Apr 2023	06 Oct 2023	160 Days
50 Vesper Way, Leeds, West Yorkshire, LS5 3LN	£180,000	£180,000	£00	23 May 2023	22 Sep 2023	122 Days
17 Abbey Avenue, Leeds, West Yorkshire, LS5 3DH	£200,000	£200,000	£00	08 Mar 2023	22 Sep 2023	198 Days
28 Hawksworth Grove, Leeds, West Yorkshire, LS5 3NB	£189,950	£189,950	£00	15 May 2023	21 Sep 2023	129 Days
25 Abbeydale Grove, Leeds, West Yorkshire, LS5 3RE	£114,000	£110,500	-£3,500	21 Feb 2023	19 Sep 2023	210 Days

Most Expensive Streets in LS5 (Leeds)

Postcode	Street	Area	Average	No. of Sales
LS5 3EN	Morris Lane	Leeds	£483,833	3
LS5 3NX	Vesper Road	Leeds	£385,000	3
LS5 2AB	Kirkstall Lane	Leeds	£288,750	4
LS5 3BR	Beech Tree Avenue	Leeds	£273,341	6
LS5 3RB	Abbeydale Way	Leeds	£269,790	5
LS5 3NQ	Vesper Walk	Leeds	£266,825	6
LS5 3EZ	Morris Grove	Leeds	£252,975	10
LS5 3QQ	Lea Farm Crescent	Leeds	£251,845	6
LS5 3NP	Vesper Gate Crescent	Leeds	£249,934	6
LS5 3DG	Victoria Park Avenue, Kirkstall	Leeds	£247,595	6

Least Expensive Streets in LS5 (Leeds)

Postcode	Street	Area	Average	No. of Sales
LS5 3AG	Lilac Grove, Kirkstall	Leeds	£113,941	6
LS5 3JZ	Kirkstall Lane	Leeds	£114,000	3
LS5 3BA	Sandford Road	Leeds	£121,307	4
LS5 3EL	Kepstorn Close	Leeds	£122,325	6
LS5 3RL	The Cricketers	Leeds	£133,333	6
LS5 3RY	Platform One, Station Approach	Leeds	£134,300	5
LS5 3RJ	The Cricketers	Leeds	£140,200	10
LS5 3LJ	Vesper Road	Leeds	£148,277	9
LS5 3NU	Vesper Road	Leeds	£150,343	16
LS5 3RE	Abbeydale Grove	Leeds	£151,083	18