Average House Price in Leeds

As of December 2025, the average house price in Leeds is £246,293. The average monthly rent is £1,123.

A single number doesn't tell you much about direction or pressure. Bread Index adds context by showing the same homes in pounds and in bread-adjusted terms.

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How Leeds has moved recently

Over the last 12 months, Leeds has lagged behind the wider West Yorkshire.

If you’re selling, it’s not just about prices going up. You’re looking for a stretch where they’ve climbed well, and maybe even picked up pace recently - the kind of run that makes buyers feel they need to act. Sometimes the sweet spot is after years of steady growth, just before things start to cool.

If you’re buying, you’re reading the same pattern differently. A recent dip after a strong few years can look like an opening - a solid area that’s taken a breather. Or you might be watching for signs the market has steadied after falling, hoping you’re close to the floor rather than the peak.

The longer view - has it really gone up?

Compared to 10 years ago, homes in Leeds have genuinely risen in value - even after accounting for rising everyday costs.

Sometimes prices rise in pounds but stand still once you account for everyday costs. That gap changes how you think about "growth".

Key numbers at a glance

Average house price
£246,293
12 month growth
+3.3%
5 year growth
+20.4%
10 year growth
+52.5%

Is Leeds leaning towards buyers or sellers?

Over the last 12 months: Prices have been rising strongly. Sellers currently hold more leverage and houses may be selling faster and go for more than asking price.

Recent growth is slower than Leeds's long-term trend.

What's driving growth - and in which homes?

Semi-detached homes have grown fastest, around +2.8% more than the regional average over five years.

If you're buying, this hints at where demand is strongest. If you're selling, it shows where buyers are competing hardest.

5-year growth by property type

Semi-detached+23.2%

+2.8% versus Leeds's 5-year average.

Terraced+21.7%

+1.3% versus Leeds's 5-year average.

Detached+21.1%

+0.8% versus Leeds's 5-year average.

Flats+8.9%

-11.5% versus Leeds's 5-year average.

Buy or rent in Leeds?

If you treat mortgage interest as the "rent" paid to the bank, you can compare owning and renting more directly.

3-year monthly gap
£112 (buying cheaper)
Rent minus mortgage-interest estimate
Estimated equity change
+£12,693
10% deposit example
Estimated 3-year total
+£16,727
Equity change + monthly cost gap

Over the last 3 years, buying has been roughly £112 per month cheaper than renting.

With a 10% deposit example, you would be about £16,727 better off overall: £12,693 from price changes and £4,034 from rent-versus-interest differences.

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How Leeds compares nationally

Leeds average price
£246,293
UK average price
£270,259
Leeds average rent
£1,123
UK average rent
£1,367

The average price in Leeds (£246,293) is below the UK average of £270,259.

Average rent in Leeds (£1,123) is below the UK average of £1,367.

5-year growth rank in West Yorkshire
5th of 5
Leeds ranked by 5-year price growth among nearby regions
5-year growth rank across UK
155th of 412
Leeds ranked by 5-year price growth among all UK regions

Leeds has tracked closely with the UK overall over 5 years.

The long term view

In everyday terms, homes in Leeds look broadly flat over two decades.

Average annual growth: -0.5%, compared to -0.2% nationally.

For long-term buyers, this is about wealth building. For first-time buyers, it helps separate one cycle from the wider trend.

Comparison table

HorizonIn poundsbread-adjustedUK (£)UK (bread)
1 year+3.3%+0.9%+2.4%+0.1%
5 years+20.4%-12.6%+18.3%-14.1%
10 years+52.5%+8.6%+43.2%+2.0%
20 years+73.9%-8.9%+83.1%-4.1%

Where next?

Methodology

  • House prices: UK House Price Index via regional performance.
  • Rents: ONS private-rent metrics via `rentalPriceAll` performance.
  • Buy vs rent estimate: monthly mortgage interest proxy using 2-year fixed mortgage-rate series and 10% deposit.

FAQs

What is the average house price in Leeds?

As of December 2025, the average is £246,293.

How does Leeds compare with the UK?

Leeds has tracked closely with the UK overall over 5 years.

Is buying currently cheaper than renting in Leeds?

Over the last 3 years, buying has been roughly £112 per month cheaper than renting.

Neighbouring Markets

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