At a Glance
Average Property Price - LS1
£200,339
12
National percentile
Average Monthly Rent - LS
£1,103
59
National percentile
Average Net Household Income - LS1
£51,987
92
National percentile
Flat / Maisonette Yield - LS
5.7%
56
National percentile
10-Year Annualised Price Growth - LS1
1.6%
6
National percentile
10-Year Annualised Rent Growth - LS
4.3%
75
National percentile
Property Price & Volume Trends
The average property price in LS1 is £200,000, placing it well below the national average. Over the past decade, prices have grown at just 1.6% annually—among the slowest growth rates across UK postcode districts. Transaction activity has slowed noticeably, with 44 sales in the latest year compared to a 10-year average of 75 per year.
Rent & Yield Trends
Monthly rents in the broader LS area average £1,103, broadly in line with the national typical. Rental growth has been robust at 4.3% annually over a decade, outpacing national trends. Flat yields have strengthened to 5.7% in the latest year from a 10-year average of 5.0%, reflecting improving returns for buy-to-let investors.
Income & Affordability Trends
Average household income in LS1 is £52,000, placing it among the highest nationally. Despite modest prices, affordability has improved substantially: the price-to-income ratio has fallen from 5.9x in 2016 to 4.1x today. Rental affordability has shifted slightly the other way, with rent-to-income rising from 30% to 31% over the same period.
Resident Demographic Profile
LS1 has an exceptionally young demographic profile. Over 44% of residents are aged 16–24—roughly four times the national average—while only 3% are aged 65 or over, well below the 20% national figure. The neighbourhood is defined by private rented tenure, accounting for 61% of housing versus 22% nationally, with owned outright properties at just 8%. Professionally employed residents make up 33% of the workforce, significantly above the national 21%, reflecting the concentration of graduates and knowledge-sector workers in the city centre.