Property trends for LS21

    LS21 covers Wharfedale and surrounding rural areas in West Yorkshire, sitting between Ilkley and Grassington in the Dales. It is a characterful, countryside-focused district with strong appeal to families and those seeking semi-rural living.

    At a Glance

    Average Property Price - LS21

    £354,010

    57

    National percentile

    Average Monthly Rent - LS

    £1,103

    59

    National percentile

    Average Net Household Income - LS21

    £41,955

    66

    National percentile

    Flat / Maisonette Yield - LS

    5.7%

    56

    National percentile

    10-Year Annualised Price Growth - LS21

    3.7%

    53

    National percentile

    10-Year Annualised Rent Growth - LS

    4.3%

    75

    National percentile

    Property Price & Volume Trends

    The current average property price of £354,000 sits slightly above the national mid-point. Over the past decade, prices have grown at 3.7% annually—a pace broadly in line with the national trend. Transaction activity in the latest year stood at 217 sales, a notable dip from the 10-year average of 305 per year, reflecting softer recent market conditions.

    Rent & Yield Trends

    The average monthly rent of £1,103 sits slightly above the national average. Rental growth over the past decade has been strong at 4.3% annually, outpacing the national rate and suggesting sustained demand from tenants. The flat yield currently stands at 5.7%, an improvement on the 10-year average of 5.0%, indicating better returns for landlords in the current environment.

    Income & Affordability Trends

    Average household income of £42,000 sits noticeably above the national average. The price-to-income ratio of 8.0x has improved marginally since 2016 (when it was 8.2x), suggesting modest gains in purchase affordability. By contrast, rental affordability has tightened: the rent-to-income ratio has risen from 29.6% in 2016 to 30.6% today, indicating rents are taking a slightly larger share of household earnings.

    Resident Demographic Profile

    The population skews notably older, with those aged 50–64 representing nearly a quarter and those 65 and over a quarter of residents—both well above national averages. Conversely, the 16–24 age group is significantly under-represented at just 7.3%. Housing tenure reflects a strongly owner-occupied character: 43.7% own outright (well above the national 33.7%) and a further 31.1% own with a mortgage, while private rental and social housing are both proportionally lower. The employment profile is weighted towards professionals (26.6%) and managers (16.2%), both notably higher than national norms, reflecting a generally affluent and educated workforce.

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