Market outlook for LS21
Key indicators for buyers
The LS21 market is moderately favourable for buyers. Prices have softened (-4.7%), which could present a buying opportunity. Affordability has improved from a peak of 7.2x in 2021 to 6.5x today. Rising rents (£1,126/mo, +2.8%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Leeds area
A home in Leeds costs 6.5x the local median salary — moderate, improving from a peak of 7.2x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Leeds area
Average monthly rent in Leeds is £1,126, up 2.8% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Leeds price of £334,158 with a 25% deposit (£84k), a 2-year fixed mortgage at 3.97% costs around £1,319 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LS21 avg. price with Leeds rental data
Monthly mortgage payments (£1,319) are £193 more than renting (£1,126). However, buying requires an upfront deposit of £84k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
21, WHARFEDALE MEWS LS21 1SS | Terraced | £265,000 | 16 Jan 2026 |
30, CHEVIN COURT LS21 1RL | Flat/Maisonette | £139,950 | 12 Jan 2026 |
5, SAVILLE COURT LS21 3HG | Semi-detached | £225,000 | 12 Jan 2026 |
9, SAVILLE COURT LS21 3HG | Terraced | £285,000 | 12 Jan 2026 |
BROOKLYN, ARTHINGTON LANE, POOL IN WHARFEDALE LS21 1JZ | Semi-detached | £790,000 | 9 Jan 2026 |
107, THE GILLS LS21 2BY | Detached | £300,000 | 7 Jan 2026 |
45, ILKLEY ROAD LS21 3LP | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.