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Property Price Trends
University Of Leeds, Laidlaw Library, Woodhouse Lane, Woodhouse
LS2 3AR Leeds District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the LS2 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
LS2
Most Expensive Property
£108,000,000
The Plaza 223 Claypit Lane, LS2 8BN
Sold: 20 June 2023
Cheapest Property
£55,000
Citispace West, 2 Apartment 318 Leylands Road, LS2 7JS
Sold: 10 November 2023
£249,000
The average house price in Leeds was £249,000 in November 2024 (provisional), up 6.3% from November 2023. This was higher than the rise in Yorkshire and The Humber (5.7%) over the same period.
£1,097
Private rents rose to an average of £1,097 in December 2024, an annual increase of 3.0% from £1,065 in December 2023. This was lower than the rise in Yorkshire and The Humber (5.4%) over the year.
£214,000
The average price paid by first-time buyers was £214,000 in November 2024 (provisional). This was 6.9% higher than the average of £200,000 in November 2023 (revised).
£256,000
For homes bought with a mortgage, the average house price was £256,000 in November 2024 (provisional). This was 6.5% higher than the average of £241,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Leeds, E08000035). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in LS2 3AR?
The graph below shows the five-year capital growth figures for properties for the LS2 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in LS2 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in West Yorkshire?
For Homebuyers:
West Yorkshire offers a diverse range of properties for homebuyers, with areas such as Leeds, Bradford, and Huddersfield being particularly popular. According to the latest data, house prices in West Yorkshire have seen a steady increase over the past year, with an average price of £200,000. However, prices can vary significantly depending on the specific area and postcode. For example, properties in Leeds LS1 postcode command higher prices compared to properties in Bradford BD1. It is important for homebuyers to research and compare prices in different areas to find the best value for their budget.
For Renters:
Rent prices in West Yorkshire have also seen a slight increase, with an average monthly rent of £800 for a two-bedroom property. Areas like Wakefield WF1 and Halifax HX1 offer more affordable rent prices compared to Leeds LS11 and Huddersfield HD1. Availability of rental properties in West Yorkshire is relatively high, providing renters with a variety of options to choose from. However, popular areas may have higher demand, leading to higher rent prices.
For Investors:
West Yorkshire presents a great opportunity for property investors, with its growing demand for rental properties and potential for capital appreciation. Areas like Leeds LS1 and Bradford BD1 are popular choices for investors due to their high rental yields and strong demand from tenants. The availability of housing stock in West Yorkshire is sufficient to cater to the needs of investors, with a variety of properties ranging from apartments to family homes. It is important for investors to conduct thorough research and consider factors such as rental yield, capital growth potential, and property management costs before making investment decisions.
For Homebuyers:
West Yorkshire offers a diverse range of properties for homebuyers, with areas such as Leeds, Bradford, and Huddersfield being particularly popular. According to the latest data, house prices in West Yorkshire have seen a steady increase over the past year, with an average price of £200,000. However, prices can vary significantly depending on the specific area and postcode. For example, properties in Leeds LS1 postcode command higher prices compared to properties in Bradford BD1. It is important for homebuyers to research and compare prices in different areas to find the best value for their budget.
For Renters:
Rent prices in West Yorkshire have also seen a slight increase, with an average monthly rent of £800 for a two-bedroom property. Areas like Wakefield WF1 and Halifax HX1 offer more affordable rent prices compared to Leeds LS11 and Huddersfield HD1. Availability of rental properties in West Yorkshire is relatively high, providing renters with a variety of options to choose from. However, popular areas may have higher demand, leading to higher rent prices.
For Investors:
West Yorkshire presents a great opportunity for property investors, with its growing demand for rental properties and potential for capital appreciation. Areas like Leeds LS1 and Bradford BD1 are popular choices for investors due to their high rental yields and strong demand from tenants. The availability of housing stock in West Yorkshire is sufficient to cater to the needs of investors, with a variety of properties ranging from apartments to family homes. It is important for investors to conduct thorough research and consider factors such as rental yield, capital growth potential, and property management costs before making investment decisions.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for LS2 3AR
Estimated yield for property investors
%
Yield
The estimated yield for the LS2 3AR postcode area is %, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in LS2 3AR?
The recently sold properties table lists homes around LS2 3AR that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 26 February 2024 | £56,000 | Citispace West, 2 Apartment 322 Leylands Road, Leeds, LS2 7JS | Flat/Maisonette | Leasehold |
| 10 November 2023 | £55,000 | Citispace West, 2 Apartment 318 Leylands Road, Leeds, LS2 7JS | Flat/Maisonette | Leasehold |
| 20 June 2023 | £108,000,000 | The Plaza 223 Claypit Lane, Leeds, LS2 8BN | Other | Freehold |
| 28 February 2024 | £158,000 | Aspect 14 Flat 141 Elmwood Lane, Leeds, LS2 8WG | Flat/Maisonette | Leasehold |
| 17 November 2023 | £120,000 | 27 Blenheim View, Leeds, LS2 9QA | Terraced | Leasehold |
Please note that house prices for properties sold in and around LS2 3AR during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
