Market outlook for LS4
Key indicators for buyers
The LS4 market is moderately favourable for buyers. 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 £211,667 with a 25% deposit (£53k), a 2-year fixed mortgage at 3.97% costs around £835 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LS4 avg. price with Leeds rental data
Monthly mortgage payments (£835) are £291 less than renting (£1,126). However, buying requires an upfront deposit of £53k — it would take around 6 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 |
|---|---|---|---|
5, STANMORE AVENUE LS4 2RP | Terraced | £200,000 | 21 Jan 2026 |
30, ARGIE ROAD LS4 2RD | Terraced | £190,000 | 9 Jan 2026 |
7, STANMORE GROVE LS4 2RJ | Semi-detached | £245,000 | 9 Jan 2026 |
15, ARGIE GARDENS LS4 2JL | Terraced | £115,000 | 19 Dec 2025 |
45, STANMORE CRESCENT LS4 2RY | Semi-detached | £328,000 | 18 Dec 2025 |
136, KIRKSTALL HILL LS4 2SX | Semi-detached | £250,000 | 17 Dec 2025 |
19, BARNBROUGH STREET LS4 2QY | Terraced | £214,650 |
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.