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The average property value in Leeds is £255,144 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Leeds grew by £30,525. Compare house prices by area
Average property prices in Leeds grew by 13.6% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.2% per year.
If prices in Leeds continue to rise by 4.2% a year, the average property price will be £301,111 in 2025.
There were 10,568 property sales in Leeds in the year ending June 2021, an increase of 567 when compared to the previous year.
The average price for a house in Leeds ranges from £186,263 for a terraced house to £428,343 for a detached house, with semi-detached in between costing on average £241,937.
The average price for a flat or maisonette in Leeds is £154,346.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Leeds, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 41.0% from £303,814 to £428,343, semi-detached house prices have risen 50.5% from £160,749 to £241,937, terraced house prices have risen 46.9% from £126,759 to £186,263, and flat prices have risen 25.9% from £122,597 to £154,346.
The most common type of property sold in Leeds during the year ending June 2021 was semi-detached houses, which accounted for 39.2% of properties.
The least commonly available type of property sold in Leeds were flats, which account for 11.4% of properties sold.
Of the properties sold in Leeds during 2021, 1.6% were new build properties.
The average price paid for a new build property in Leeds was £26,390 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (38% of new build properties sold). For existing properties, the most common type is semi-detached houses (40% of existing properties sold).
Rental Market of Leeds
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The most common price band for property sales in Leeds is £200k - £300k, which accounted for 19.0% of properties sold in 2021.
0.3% of properties in Leeds had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Leeds were in the under £50k price bracket, accounting for 0.2% of sales.
Rank | Area | Average property price | YoY change in price |
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Rank | Area | Average Property Price | YoY CHANGE in PRICE |
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics