Property trends for LS28

    LS28 covers areas in the south-west of the Leeds metropolitan region, including parts of Outwood and surrounding communities. The district offers mixed residential appeal with a blend of suburban character and connectivity to wider urban amenities.

    At a Glance

    Average Property Price - LS28

    £264,057

    32

    National percentile

    Average Monthly Rent - LS

    £1,103

    59

    National percentile

    Average Net Household Income - LS28

    £38,319

    51

    National percentile

    Flat / Maisonette Yield - LS

    5.7%

    56

    National percentile

    10-Year Annualised Price Growth - LS28

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - LS

    4.3%

    75

    National percentile

    Property Price & Volume Trends

    At £264,000, LS28 sits below the national average in terms of price level. Despite this, it has experienced above-average price growth over the past decade, with an annualised increase of 4.1% that ranks among the stronger performers nationally. Transaction activity has declined from its 10-year average of 709 per year, with 569 sales recorded in the latest full year, suggesting a modest softening in market momentum.

    Rent & Yield Trends

    Rental levels in the broader LS postcode area are slightly above the national midpoint at £1,103 per month. Rent growth has been notably strong, with 10-year annualised growth of 4.3% outpacing the national average. The flat yield stands at 5.7%, meaningfully above its 10-year average of 5.0%, indicating improving returns for buy-to-let investors despite rising capital values.

    Income & Affordability Trends

    Average household income of £38,319 sits at the national median. Purchase affordability has deteriorated slightly: the price-to-income ratio now stands at 6.6x, up from 6.2x in 2016, placing homeownership somewhat further out of reach for average earners. Rental affordability has similarly worsened, with the rent-to-income ratio rising from 29.6% to 30.6%, leaving renters with a slightly tighter budget.

    Resident Demographic Profile

    The population skews towards working-age and middle-aged households: the 35–49 age group is notably stronger than the national average at 21%, while young adults aged 16–24 are underrepresented at 8.6%. Housing tenure is weighted more heavily towards mortgage ownership (37.2% vs 27.0% nationally) and away from social renting. The workforce is notably professional and technical in character, with professionals at 22.9% and technical roles at 15.2%, both well above national averages, while elementary occupations are underrepresented at 7.4%.

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