Local market reports › LS area › LS1
Leeds city centre market report LS1, Leeds
The LS1 (Leeds city centre) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 3,885 sales registered with HM Land Registry in LS1 (Leeds) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales data to June 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the 2026 median for LS1 (Leeds) is £142,000, from 15 registered sales, down 17% on five years earlier; the mean is £197,700, and by floor area homes here have averaged about £3,310 per square metre over the last five years. Behind the figures sit 3,885 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
The postcode district LS1 covering Leeds city centre sits in Leeds. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where LS1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's LS1 prices, from the sold record
In the LS1 property market, the 2026 median sale price is £142,000, from 15 registered sales; the mean, the "average house price" most sites quote, is £197,700, sitting well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
LS1 prices by floor area
By floor space, homes in LS1 have sold for about £3,310 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
Set against the £285,000 England and Wales median, LS1 sits 50% below the national market.
LS1's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £142,000 | £142,000 | 15 |
| 2025 | £207,500 | £212,462 | 47 |
| 2024 | £218,900 | £232,736 | 50 |
| 2023 | £191,200 | £210,082 | 34 |
| 2022 | £180,000 | £211,071 | 51 |
| 2021 | £172,000 | £217,774 | 45 |
| 2020 | £210,600 | £273,258 | 52 |
| 2019 | £195,000 | £255,598 | 101 |
| 2018 | £180,000 | £239,943 | 118 |
| 2017 | £170,000 | £231,863 | 114 |
| 2016 | £167,000 | £233,635 | 146 |
| 2015 | £160,000 | £226,080 | 130 |
| 2014 | £154,000 | £218,476 | 119 |
| 2013 | £136,800 | £196,842 | 124 |
| 2012 | £137,500 | £202,383 | 94 |
| 2011 | £149,000 | £224,933 | 95 |
| 2010 | £144,500 | £226,613 | 80 |
| 2009 | £154,000 | £247,556 | 43 |
| 2008 | £150,000 | £245,882 | 96 |
| 2007 | £166,000 | £281,582 | 176 |
| 2006 | £167,000 | £289,891 | 521 |
| 2005 | £171,000 | £304,311 | 204 |
| 2004 | £160,000 | £290,591 | 335 |
| 2003 | £150,000 | £276,336 | 222 |
| 2002 | £140,000 | £263,409 | 371 |
| 2001 | £150,000 | £288,367 | 220 |
| 2000 | £116,500 | £228,631 | 150 |
| 1999 | £95,500 | £190,327 | 59 |
| 1998 | £87,500 | £176,625 | 46 |
| 1997 | £60,000 | £123,048 | 13 |
| 1996 | £65,400 | £137,926 | 6 |
| 1995 | £64,500 | £140,213 | 8 |
In cash terms the typical LS1 home went from £64,500 in 1995 to £142,000 in 2026, roughly 2.2 times the price. In today's money, though, the move is modest, around 1%. The cash growth mostly records inflation, with homes themselves changing little in real value. Measured in today's money the market peaked in 2005; the current median sits about 53% below that. Someone who bought at the 2005 peak has not yet seen that price back in real terms.
Year-on-year change in the LS1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 1998 (+45.8% on the year before); the weakest, 2026 (−31.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −31.6% | −33.2% |
| 5 years (since 2021) | −3.8% | −8.2% |
| 10 years (since 2016) | −1.6% | −4.9% |
| 20 years (since 2006) | −0.8% | −3.5% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 100% of the typed total. In 2008, the last year both were recorded here, a detached home traded at £480,000 against £150,000 for a flat, 3.2 times the price.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £480,000 (2008) | – | 7 |
| Terraced | £290,000 (2006) | – | 5 |
| Flats | £140,000 | 14 | 3,803 |
Transaction volumes
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The monthly pulse, last five years
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
The register shows 50 LS1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 275 sales a year before the financial crisis and 39 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
How LS1 trades
This is a thin market: 50 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. In its area's price order LS1 comes 28 of 29, towards the cheaper end of the table.
What homes rent for around LS1
The local authority for LS1 is Leeds, and its ONS average private rent currently stands at £1,134 a month (May 2026 figures). The spread runs from £774 a month for a typical one-bed to £1,677 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Leeds
ONS Price Index of Private Rents, May 2026.
Against the £142,000 median purchase price, a rent of £1,134 a month (£13,608 a year) works out at a 9.6% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Real searches this page gets asked
leeds rental market
comes up in the searches for this page. The current ONS figure for Leeds is £1,134 a month on average, which is a 9.6% gross yield at the local median; sizes and caveats are in the rent section below.
Search phrases quoted verbatim from Google Search Console for this site (last 16 months); each is answered from the page's own Land Registry figures.
Asked and answered: LS1 (Leeds city centre)
Are property prices falling in LS1 (Leeds city centre)?
Is LS1 (Leeds city centre) a good place to buy a house?
How much did a house sell for in LS1 (Leeds city centre)?
Are LS1 prices heading up or down?
No honest page predicts prices, so this one sticks to the record: the median is down 17% over five years in cash but down 35% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
LS1's current homes for sale
Everything above is what homes in LS1 sold for. Turning to what is actually available: 32 homes on the market right now, from 6 agents publishing to HomesIndex, at a typical asking price 20% above the LS1 median sold price.
41% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every LS1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: LS prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the LS area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £298,000 | £425,000 (+43%) | £675,000 (+59%) | £900,000 (+33%) |
| Semi-detached | £205,000 | £230,000 (+12%) | £295,000 (+28%) | £431,000 (+46%) | £602,500 (+40%) |
| Terraced | £165,000 | £185,000 (+12%) | £235,000 (+27%) | £328,000 (+40%) | £440,000 (+34%) |
| Flat | £135,000 | £187,500 (+39%) | £300,000 (+60%) | £475,000 (+58%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
LS1 ranks 28 of 29 in the LS area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, LS area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside LS1, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LS1 2 | £185,000 | 3 |
| LS1 3 | £129,000 | 1 |
| LS1 4 | £162,000 | 8 |
| LS1 5 | £101,000 | 2 |
| LS1 6 | £139,500 | 4 |
| LS1 7 | £200,000 | 1 |
How LS1 compares nearby
Same city, different markets. The dearest districts of the LS area, and LS1 itself, which ranks 28 of 29 by median price:
| District | Median | 5-year |
|---|---|---|
| LS23 | £425,000 | +23% |
| LS22 | £419,500 | +5% |
| LS29 | £385,000 | +1% |
| LS17 | £372,500 | +10% |
| LS21 | £345,600 | +28% |
| LS16 | £327,500 | +4% |
| LS7 | £305,000 | +30% |
| LS18 | £300,000 | +3% |
| LS20 | £300,000 | -2% |
| LS24 | £290,000 | +12% |
| LS8 | £280,000 | +12% |
| LS6 | £265,000 | +7% |
| LS25 | £264,000 | +12% |
| LS15 | £263,500 | +12% |
| LS3 | £250,000 | +56% |
| LS19 | £245,000 | +0% |
| LS26 | £245,000 | +11% |
| LS5 | £240,000 | +23% |
| LS28 | £235,000 | +12% |
| LS14 | £230,000 | +24% |
| LS4 | £222,500 | +20% |
| LS27 | £208,500 | +1% |
| LS10 | £197,500 | +26% |
| LS1 (this report) | £142,000 | -17% |
Before you sell in LS1: what the record supports
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LS1, open the average prices map and zoom from the LS1 shading down to the sold homes on your own street. Every recorded LS1 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working LS1: the featured spot on this report is free for founding agents, one per district. Claim LS1.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LS1. Free, with a one click sign in.
Two maps carry on from here: every LS1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.