At a Glance
Average Property Price - LS24
£348,240
56
National percentile
Average Monthly Rent - LS
£1,103
59
National percentile
Average Net Household Income - LS24
£40,217
59
National percentile
Flat / Maisonette Yield - LS
5.7%
56
National percentile
10-Year Annualised Price Growth - LS24
3.4%
44
National percentile
10-Year Annualised Rent Growth - LS
4.3%
75
National percentile
Property Price & Volume Trends
The latest average property price in LS24 is £348,000, which sits close to the national average. Over the past decade, prices have grown at 3.4% annually—a pace slightly below the national trend. Transaction activity has slowed compared to its historical average, with 142 sales recorded in the latest full year against a 10-year mean of 193, suggesting a quieter market.
Rent & Yield Trends
Average monthly rent in the broader LS postcode is £1,103, positioning it slightly above the national median. Rental growth over ten years has averaged 4.3% per year, meaningfully faster than the national pace. The flat yield currently stands at 5.7%, up from a 10-year average of 5.0%, indicating strengthening returns for buy-to-let investors in the area.
Income & Affordability Trends
Average household net income is £40,217, marginally above the national average. The price-to-income ratio of 8.1x has worsened since 2016 (when it stood at 7.5x), reflecting faster property price growth than income gains. Rental affordability has also tightened; the rent-to-income ratio has risen from 29.6% to 30.6% over the same period, indicating that renters face slightly more pressure on household budgets.
Resident Demographic Profile
The population skews older than the national average, with notably higher proportions aged 50–64 (24% versus 19.8%) and 65+ (22.1% versus 19.6%), while young adults aged 16–24 are significantly underrepresented at 8%. Housing tenure shows a marked lean towards ownership; 38.9% own outright and 34% own with a mortgage, together accounting for nearly 73% of households against a national combined figure of 60.7%, whilst private renting is correspondingly lower at 14.2%. The employment profile is weighted towards managerial roles (16.6% versus 13.4% nationally) and skews away from elementary occupations (8% versus 10.2%), suggesting a relatively affluent, established workforce.