Key indicators for buyers
The LS5 market is moderately favourable for buyers. Prices are rising at 47.3%, which may favour acting sooner rather than later. 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
2026averages · 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 £342,750 with a 25% deposit (£86k), a 2-year fixed mortgage at 3.97% costs around £1,353 per month.
Monthly cost comparison based on current data
Uses LS5 avg. price with Leeds rental data
Monthly mortgage payments (£1,353) are £227 more than renting (£1,126). However, buying requires an upfront deposit of £86k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
2, VESPER RISE LS5 3NJ | Semi-detached | £423,000 | 20 Jan 2026 |
46, LANCASTRE AVENUE LS5 3EA | Semi-detached | £262,500 | 9 Jan 2026 |
47, KIRKSTALL MOUNT LS5 3DP | Semi-detached | £245,000 | 19 Dec 2025 |
16, HAWKSWOOD GROVE LS5 3PF | Semi-detached | £258,600 | 19 Dec 2025 |
25, ABBEYDALE OVAL LS5 3RF | Detached | £209,000 | 19 Dec 2025 |
49, VESPER WALK LS5 3NQ | Semi-detached | £307,000 | 17 Dec 2025 |
130, VESPER ROAD LS5 3LL | Semi-detached | £255,000 |
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 LS5 sold for £342,750 in 2026, with a median of £342,750 across 2 transactions. Prices rose 47.3% compared to the previous year.
| 15 Dec 2025 |
4, VICARAGE MEWS LS5 3GZ | Flat/Maisonette | £154,000 | 12 Dec 2025 |
APARTMENT 5, 117, VESPER ROAD LS5 3LJ | Flat/Maisonette | £138,500 | 12 Dec 2025 |
20, VICKERS AVENUE LS5 3DJ | Semi-detached | £240,000 | 5 Dec 2025 |
39, ABBEY AVENUE LS5 3DH | Semi-detached | £336,000 | 1 Dec 2025 |
192, KIRKSTALL LANE LS5 2AB | Semi-detached | £283,000 | 28 Nov 2025 |
30, ABBEYDALE OVAL LS5 3RF | Semi-detached | £170,000 | 24 Nov 2025 |
8, STATION PARADE LS5 3HG | Terraced | £217,500 | 21 Nov 2025 |
7, VESPER RISE LS5 3NJ | Semi-detached | £390,250 | 21 Nov 2025 |
31, VESPER WALK LS5 3NQ | Semi-detached | £280,000 | 21 Nov 2025 |
18, BEECH TREE AVENUE LS5 3BR | Semi-detached | £280,000 | 14 Nov 2025 |
90, VESPER WAY LS5 3LN | Terraced | £195,000 | 7 Nov 2025 |
35, VESPER WAY LS5 3LW | Terraced | £204,000 | 6 Nov 2025 |
10, DE LACY MOUNT LS5 3JF | Terraced | £300,000 | 6 Nov 2025 |
The most recent recorded sale in LS5 was a semi-detached property on Vesper Rise for £423,000 in January 2026. Across the last 20 sales, the median price was £258,600.