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The average property price paid in Leeds is £251,404 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in Leeds fell by £8,459. Compare house prices by area
Average property prices in Leeds fell by 3.3% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 4.1% per year.
If prices in Leeds continue to rise by 4.1% a year, the average property price will be £294,972 in 2025.
There were 7,639 property sales in Leeds in the year ending June 2022, a decrease of 2,929 when compared to the previous year.
The average price for a house in Leeds ranges from £196,670 for a terraced house to £453,646 for a detached house, with semi-detached in between costing on average £243,616.
The average price for a flat or maisonette in Leeds is £157,299.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Leeds, terraced house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 47.5% from £307,481 to £453,646, semi-detached house prices have risen 54.0% from £158,212 to £243,616, terraced house prices have risen 57.1% from £125,225 to £196,670, and flat prices have risen 26.8% from £124,064 to £157,299.
The most common type of property sold in Leeds during the year ending June 2022 was semi-detached houses, which accounted for 45.1% of properties.
The least commonly available type of property sold in Leeds were flats, which account for 15.6% of properties sold.
Of the properties sold in Leeds during 2022, 1.9% were new build properties.
The average premium for a new build property in Leeds was £74,664 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 (38% 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 29.1% of properties sold in 2022.
0.8% of properties in Leeds had a price over £1 million. For comparison, in England, 1.7% 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 2022. Data sources: ONS Local statistics