Market outlook for LS27
Key indicators for buyers
The LS27 market is moderately favourable for buyers. Prices have softened (-12.1%), 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 £209,360 with a 25% deposit (£52k), a 2-year fixed mortgage at 3.97% costs around £826 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LS27 avg. price with Leeds rental data
Monthly mortgage payments (£826) are £300 less than renting (£1,126). However, buying requires an upfront deposit of £52k — it would take around 5 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 |
|---|---|---|---|
68, CROSS PEEL STREET, MORLEY LS27 8RE | Terraced | £180,000 | 23 Jan 2026 |
33, IBBETSON ROAD, CHURWELL LS27 7UN | Detached | £203,000 | 23 Jan 2026 |
5, TOPCLIFFE LANE, MORLEY LS27 0HL | Semi-detached | £270,000 | 23 Jan 2026 |
8, IBBETSON MEWS, CHURWELL LS27 7UH | Flat/Maisonette | £110,000 | 19 Jan 2026 |
10, BACK SCHOOL STREET, MORLEY LS27 8BN | Terraced | £165,000 | 19 Jan 2026 |
11, ROTARY DRIVE, MORLEY LS27 8FR | Semi-detached | £275,000 | 16 Jan 2026 |
60, FARM HILL ROAD, MORLEY LS27 9RD |
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.