Key indicators for buyers
The LS2 market is moderately favourable for buyers. Prices have softened (-67.8%), 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.
Yearly averages · HM Land Registry Price Paid Data
2025averages · HM Land Registry Price Paid Data
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.
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.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Leeds price of £262,029 with a 25% deposit (£66k), a 2-year fixed mortgage at 3.97% costs around £1,034 per month.
Monthly cost comparison based on current data
Uses LS2 avg. price with Leeds rental data
Monthly mortgage payments (£1,034) are £92 less than renting (£1,126). However, buying requires an upfront deposit of £66k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
64, LANGTONS WHARF LS2 7EF | Flat/Maisonette | £220,000 | 19 Dec 2025 |
THE GALLERY APARTMENT, 110, NORTH STREET LS2 7PQ | Flat/Maisonette | £251,000 | 18 Dec 2025 |
22, LANGTONS WHARF LS2 7EF | Flat/Maisonette | £210,000 | 18 Dec 2025 |
FLAT 1, ASPECT 14, ELMWOOD LANE LS2 8WE | Flat/Maisonette | £165,500 | 15 Dec 2025 |
FLAT 69, TATE HOUSE, 5 - 7, NEW YORK ROAD LS2 7QW | Flat/Maisonette | £270,000 | 12 Dec 2025 |
APARTMENT 426A, CITISPACE SOUTH, 11, REGENT STREET LS2 7JQ | Flat/Maisonette | £65,200 | 8 Dec 2025 |
8, SPRINGFIELD MOUNT |
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.
The average property in LS2 sold for £262,029 in 2025, with a median of £210,000 across 59 transactions. Prices fell 67.8% compared to the previous year.
| Terraced |
| £900,000 |
| 5 Dec 2025 |
26, DENE HOUSE COURT LS2 9BS | Flat/Maisonette | £185,000 | 25 Nov 2025 |
62, LANGTONS WHARF LS2 7EF | Flat/Maisonette | £162,500 | 21 Nov 2025 |
6, MELBOURNE STREET LS2 7PS | Terraced | £320,000 | 3 Nov 2025 |
18, WINFIELD TERRACE LS2 9BD | Terraced | £295,000 | 31 Oct 2025 |
1, MOUNTFIELDS, CLARENDON ROAD LS2 9PQ | Flat/Maisonette | £125,000 | 30 Oct 2025 |
FLAT 14, SPARROW WHARFE, 32, THE CALLS LS2 7EW | Flat/Maisonette | £145,000 | 10 Oct 2025 |
KESTRAL HOUSE, 16, LOWER BRUNSWICK STREET LS2 7PU | Other | £1,000,000 | 23 Sept 2025 |
FLAT 21, SPARROW WHARFE, 32, THE CALLS LS2 7EW | Flat/Maisonette | £175,000 | 19 Sept 2025 |
207, NEW YORK APARTMENTS, 1, CROSS YORK STREET LS2 7EE | Flat/Maisonette | £126,500 | 19 Sept 2025 |
APARTMENT 420, CITISPACE SOUTH, 11, REGENT STREET LS2 7JQ | Flat/Maisonette | £22,500 | 19 Sept 2025 |
45, LANGTONS WHARF LS2 7EF | Flat/Maisonette | £182,000 | 18 Sept 2025 |
FLAT 23, SPARROW WHARFE, 32, THE CALLS LS2 7EW | Flat/Maisonette | £125,000 | 18 Sept 2025 |
FLAT 46, SPARROW WHARFE, 32, THE CALLS LS2 7EW | Flat/Maisonette | £160,000 | 29 Aug 2025 |
The most recent recorded sale in LS2 was a flat/maisonette property on Langtons Wharf for £220,000 in December 2025. Across the last 20 sales, the median price was £182,000.