Property trends for LS26

    LS26 covers areas in south Leeds, sitting on the edge of the city's broader urban footprint. It is a mixed residential district with a blend of established neighbourhoods and newer developments.

    At a Glance

    Average Property Price - LS26

    £274,574

    35

    National percentile

    Average Monthly Rent - LS

    £1,103

    59

    National percentile

    Average Net Household Income - LS26

    £37,669

    47

    National percentile

    Flat / Maisonette Yield - LS

    5.7%

    56

    National percentile

    10-Year Annualised Price Growth - LS26

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - LS

    4.3%

    75

    National percentile

    Property Price & Volume Trends

    The average property price in LS26 is £275,000, placing it below the national average. Over the past decade, prices have grown at 3.9% annually, a pace slightly faster than the national norm. Transaction activity last year stood at 425 sales, notably below the 10-year average of 503, suggesting a softer market compared to the district's recent history.

    Rent & Yield Trends

    Average monthly rent in the broader LS postcode area is £1,103, positioning it above the national median. Rents have grown at 4.3% annually over the past decade, outpacing typical national rent inflation. The flat yield currently stands at 5.7%, a marked improvement on the 10-year average of 5.0%, indicating strengthening returns for buy-to-let investors.

    Income & Affordability Trends

    Average net household income of £37,669 is close to the national average. The price-to-income ratio stands at 6.9x and has remained entirely flat since 2016, suggesting purchase affordability has neither improved nor deteriorated in absolute terms. Rental affordability has weakened slightly: the rent-to-income ratio has risen from 29.6% in 2016 to 30.6% today, reflecting rent growth outpacing wage growth.

    Resident Demographic Profile

    The population is notably older than the national average, with 21.6% aged 65 and over compared to 19.6% nationally, and only 8.3% aged 16–24 against the national 11.0%. Homeownership is strong: 36.8% own outright and 35.5% own with a mortgage, significantly above national figures, while private renting is unusually low at 11% versus 21.7% nationally. The employment profile is weighted towards technical roles at 15%, notably above the national 13.2%, while elementary positions are underrepresented at 8.2% against the national 10.2%.

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