Market outlook for LS7
Key indicators for buyers
The LS7 market is moderately favourable for buyers. Prices have softened (-4.4%), 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 £268,357 with a 25% deposit (£67k), a 2-year fixed mortgage at 3.97% costs around £1,059 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LS7 avg. price with Leeds rental data
Monthly mortgage payments (£1,059) are £67 less than renting (£1,126). However, buying requires an upfront deposit of £67k — it would take around 8 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 |
|---|---|---|---|
14, MILES HILL CRESCENT LS7 2ET | Terraced | £255,000 | 28 Jan 2026 |
FLAT 2, WESTFIELD HOUSE, 24, WOOD LANE, CHAPEL ALLERTON LS7 3QF | Flat/Maisonette | £285,500 | 22 Jan 2026 |
17, STONEGATE LANE, MEANWOOD LS7 2TJ | Detached | £400,000 | 21 Jan 2026 |
3, HAWTHORN VALE LS7 4PJ | Terraced | £215,000 | 16 Jan 2026 |
FLAT 11, 21, ALLERTON PARK LS7 4AJ | Flat/Maisonette | £255,000 | 15 Jan 2026 |
81, GRANGE AVENUE LS7 4EN | Terraced | £175,000 | 9 Jan 2026 |
12, PASTURE TERRACE LS7 4QR | 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.