Residential dwellings
17,179
Addressable residential units in the area (OS AddressBase).
LS2 house prices
Index +5.3% y/y · Asking £12,020/m² · Asking rent £1,294/month · Gross yield 10% · 12 months, listings to Sep 2026
What is LS2?
LS2: residential dwellings 17,179.
HMO-shaped dwellings
54%
LS2 ranks 2nd of 26 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 1,322
- Mixed-use buildings
- 8.4%
- HMO-shaped units
- 48%
- EPC A or B
- 32%
- EPC D or worse
- 22%
What does LS2 cost?
LS2: asking price £135,186 (12 months to Sep 2026, 240 listings). -11.6% on the previous 12 months.
Asking price
£135,186 12 months to Sep 2026
240 listings
-11.6% on the previous 12 months.
Median ASKING price of residential sale listings that came to market in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 240 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Asking price per m²
£12,020/m² 12 months to Sep 2026
66 listings
Median asking price per square metre of residential sale listings in the month, from portal listings. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 66 listings.
Sold price per m²
Not published
Empirical-Bayes smoothed median of UPRN-matched completed sales per square metre (HM Land Registry Price Paid), monthly.
Only 4 observed months: the 12-month figure needs 6; the monthly line is drawn.
Settled months to Jul 2026; the dashed tail is the published projection of the index 8 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does LS2 earn?
LS2: asking rent £1,294/month (12 months to Sep 2026, 1,227 lets).
Asking rent
£1,294/month 12 months to Sep 2026
1,227 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 1,227 lets.
Gross yield, asking basis
10% 12 months to Sep 2026
3,843 lets
-2.8% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 3,843 lets.
Sample is the dated lettings behind the latest month's rent cell.
How does LS2 vary by home size?
Asking price in LS2 runs from £108,758 for 1 bedroom to £153,331 for 2 bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £108,758 | 12 months to Sep 2026 · 11 of 12 months observed | — | 97 |
| 2 bedrooms | £153,331 | 12 months to Sep 2026 · 10 of 12 months observed | — | 109 |
| 3 bedrooms | Not published | — | — | — |
| 4 bedrooms | Not published | — | — | — |
| 5+ bedrooms | Not published | — | — | — |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is LS2?
LS2: listings for sale 66 (12 months to Sep 2026, 66 listings).
Listings for sale
66 12 months to Sep 2026
66 listings
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 66 listings.
New listings
144 12 months to Sep 2026
144 listings
+77.8% on the previous 12 months.
Listings first seen in the month and never reduced; undercounts new listings by the reduction share, by construction. 12-month figure: the months added, 12 months to Sep 2026, 144 listings.
Never-reduced cohort: undercounts new listings by the reduction share.
Price reductions
96 12 months to Sep 2026
96 listings
+104.3% on the previous 12 months.
Listings whose last price reduction was in the month; `share` is reductions over added plus reduced. 12-month figure: the months added, 12 months to Sep 2026, 96 listings.
Reductions dated by the last reduction; several reductions of one listing count once.
Who is active in LS2?
14 agents listed homes for sale in LS2; the three largest took 50% of the listings.
- Agents active
- 14
- Top three agents’ share
- 50%
- New homes among listings
- 36%
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Who owns LS2?
Corporate landlords hold 65% of the 288 units in LS2 whose freeholder is classified; 99% of all units are not yet classified.
- Corporate landlords65% of classified · 188 units
- Individuals (not traceable in bulk)23% of classified · 66 units
- Housing associations11% of classified · 31 units
- RMC1.0% of classified · 3 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does LS2 rank?
LS2 ranks 1st of 25 postcode districts in Leeds for gross yield, asking basis, at 10%.
Sold price per m² · postcode districts in Leeds
| # | Area | Sold price per m² | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LS22 | £4,064/m² | 12 months to Jun 2026 · from monthly figures | 219 | measured |
| 2 | LS23 | £4,037/m² | 12 months to Jun 2026 · from monthly figures · 10 of 12 months observed | 93 | measured |
| 3 | LS18 | £3,831/m² | 12 months to Jun 2026 · from monthly figures | 280 | measured |
| 4 | LS17 | £3,744/m² | 12 months to Jun 2026 · from monthly figures | 384 | measured |
| 5 | LS20 | £3,681/m² | 12 months to Jun 2026 · from monthly figures | 146 | measured |
Full table: sold price per m² across postcode districts in Leeds
Gross yield, asking basis · postcode districts in Leeds
LS2 ranks 1st of 25 postcode districts in Leeds for gross yield, asking basis, at 10%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LS2 | 10% | 12 months to Sep 2026 · from monthly figures | 3,843 | measured |
| 2 | LS12 | 7.7% | 12 months to Sep 2026 · from monthly figures | 3,256 | measured |
| 3 | LS11 | 7.3% | 12 months to Sep 2026 · from monthly figures | 2,183 | measured |
| 4 | LS1 | 7.0% | 12 months to Sep 2026 · from monthly figures | 2,296 | measured |
| 5 | LS9 | 6.6% | 12 months to Sep 2026 · from monthly figures | 2,090 | measured |
Full table: gross yield, asking basis across postcode districts in Leeds
Turnover · postcode districts in Leeds
| # | Area | Turnover | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | LS19 | 2.8% | 12 months to Mar 2026 · from monthly figures | 269 | measured |
| 2 | LS28 | 2.7% | 12 months to Mar 2026 · from monthly figures | 514 | measured |
| 3 | LS27 | 2.6% | 12 months to Mar 2026 · from monthly figures | 480 | measured |
| 4 | LS18 | 2.6% | 12 months to Mar 2026 · from monthly figures | 274 | measured |
| 5 | LS22 | 2.6% | 12 months to Mar 2026 · from monthly figures | 204 | measured |
Where next from LS2?
- LeedsThe wider market this area sits in.
- BD11Neighbouring postcode district · Asking £2,760/m² · Sep 2026
- LS1Neighbouring postcode district · Asking £3,099/m² · Sep 2026
- LS10Neighbouring postcode district · Asking £2,574/m² · Sep 2026
- LS11Neighbouring postcode district · Asking £2,289/m² · Sep 2026
- LS12Neighbouring postcode district · Asking £2,698/m² · Sep 2026
- LS13Neighbouring postcode district · Asking £3,094/m² · Sep 2026
- LS14Neighbouring postcode district · Asking £3,000/m² · Sep 2026
- LS15Neighbouring postcode district · Asking £3,682/m² · Sep 2026
Questions about LS2
- What is the average rent in LS2?
- Homes to let in LS2 asked a median £1,294/month over the 12 months to Sep 2026, 1,227 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in LS2?
- 10% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 3,843 lets. -2.8% on the previous 12 months.
- What kind of homes are in LS2?
- LS2 has 17,179 homes, 54% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about LS2
- Property values in LS2Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in LS2Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in LS2What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in LS2What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in LS2Registered completions from Price Paid, newest first.
- Planning applications in LS2What was proposed, who decided it and whether it was approved.
- Estate agents in LS2Who actually lists here, ranked by volume over 12 months.
Where these figures come from, and what is not published
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking price | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 240 listings |
| Asking price per m² | Portal listings | 12 months to Sep 2026 | Sep 2026 | 66 listings |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 1,227 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 3,843 lets |
| Listings for sale | Portal listings | 12 months to Sep 2026 | Sep 2026 | 66 listings |
| New listings | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 144 listings |
| Price reductions | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 96 listings |
| Live listings | MarketCode market evidence | on 4 Nov 2026 | 4 Nov 2026 | — |
- Sold price per m²
- Only 4 observed months: the 12-month figure needs 6; the monthly line is drawn.
- Sold price
- Only 4 observed months: the 12-month figure needs 6; the monthly line is drawn.
- Turnover
- Only 3 observed months: the 12-month figure needs 12; the monthly line is drawn.
- Completed sales
- Only 11 observed months: the 12-month figure needs 12; the monthly line is drawn.