At a Glance
Average Property Price - LS2
£171,064
6
National percentile
Average Monthly Rent - LS
£1,103
59
National percentile
Average Net Household Income - LS2
£48,533
85
National percentile
Flat / Maisonette Yield - LS
5.7%
56
National percentile
10-Year Annualised Price Growth - LS2
4.7%
83
National percentile
10-Year Annualised Rent Growth - LS
4.3%
75
National percentile
Property Price & Volume Trends
The average property price in LS2 is £171,064, placing it among the least expensive districts nationally. Despite this low price level, the area has experienced strong 10-year price growth of 4.7% per annum, significantly outpacing the national average. Transaction volumes have fallen sharply: only 31 properties changed hands in the latest full year, well below the 10-year average of 88 transactions annually.
Rent & Yield Trends
Average monthly rent across the wider LS postcode is £1,103, close to the national median. Rents have grown at 4.3% per annum over the past decade, placing the area above average for rental growth nationally. The flat yield currently stands at 5.7%, representing a notable improvement from the 10-year average of 5.0%, reflecting the strengthening income return for landlords.
Income & Affordability Trends
Average net household income is £48,533, placing the area among the highest-earning nationally. Purchase affordability has improved substantially: the price-to-income ratio has fallen from 4.3x in 2016 to 3.2x today, signalling much easier entry to property ownership. Rental affordability has tightened slightly, with rent-to-income rising from 29.6% to 30.6%, though this remains broadly manageable.
Resident Demographic Profile
LS2 is exceptionally young: 46.4% of the population is aged 16–24, far above the national average of 11.0%, reflecting a substantial student presence. The over-65 population is unusually small at just 3% against a national norm of 19.6%. Housing tenure is dominated by private rented accommodation at 57.6%, nearly three times the national share, with owned property representing only 17.5% of homes. The employment base is skewed heavily towards professionals, who make up 32% of the working population compared to a national 20.5%, while trades are notably underrepresented at 4.4% against 10.5% nationally.