Imofolio

Leeds · report

Past price cycles in Leeds

Sale prices have fallen by 3% or more 4 times since 1995. The deepest began in September 2007.

Deepest fall
−19.4%
Recovery from the low
80 months

Prices in Leeds and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Leeds
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodLeedsUnited Kingdom
Aug 2026539.4534.7
Jul 2026542.1532.9
Jun 2026541.5530.1
May 2026539.8533.1
Apr 2026538.4530.6
Mar 2026533.7526.0
Feb 2026533.9527.6
Jan 2026533.7526.4
Dec 2025530.8524.8
Nov 2025530.1529.6
Oct 2025528.9528.4
Sep 2025531.4527.8
Aug 2025526.7529.8
Jul 2025522.4526.5
Jun 2025515.8522.4
May 2025521.0517.1
Apr 2025523.3509.5
Mar 2025522.9524.8
Feb 2025520.1518.5
Jan 2025517.8518.8
Dec 2024521.9517.0
Nov 2024520.2518.0
Oct 2024519.6519.4
Sep 2024516.7518.4
Aug 2024512.5519.1
Jul 2024505.5514.0
Jun 2024495.3508.3
May 2024493.1506.3
Apr 2024493.0502.2
Mar 2024499.6499.5
Feb 2024500.5498.6
Jan 2024501.1501.2
Dec 2023499.7501.6
Nov 2023500.5505.9
Oct 2023505.0509.4
Sep 2023510.0511.7
Aug 2023504.5514.2
Jul 2023499.5511.4
Jun 2023489.7505.8
May 2023489.0503.9
Apr 2023488.5502.2
Mar 2023489.0501.1
Feb 2023494.1506.8
Jan 2023501.1511.0
Dec 2022511.8515.4
Nov 2022512.6519.5
Oct 2022507.5520.3
Sep 2022503.6520.3
Aug 2022498.7519.2
Jul 2022491.7514.8
Jun 2022482.8505.4
May 2022476.4499.4
Apr 2022473.8493.8
Mar 2022471.8488.0
Feb 2022468.9486.2
Jan 2022460.8485.7
Dec 2021450.3480.1
Nov 2021451.3477.7
Oct 2021449.4468.5
Sep 2021445.8480.5
Aug 2021449.5466.8
Jul 2021449.0453.1
Jun 2021451.5475.4
May 2021440.5451.4
Apr 2021440.1448.4
Mar 2021442.6455.2
Feb 2021441.7448.6
Jan 2021443.0447.3
Dec 2020437.4447.3
Nov 2020433.2443.9
Oct 2020426.1439.4
Sep 2020422.1435.7
Aug 2020418.5431.1
Jul 2020411.3426.9
Jun 2020401.5423.4
May 2020395.6417.6
Apr 2020394.4415.5
Mar 2020399.3419.7
Feb 2020403.2416.0
Jan 2020404.9418.4
Dec 2019405.0418.1
Nov 2019403.5418.7
Oct 2019404.3420.2
Sep 2019404.3421.3
Aug 2019399.7421.0
Jul 2019397.4419.6
Jun 2019390.4415.0
May 2019392.0413.2
Apr 2019388.6412.6
Mar 2019391.6409.7
Feb 2019389.7410.8
Jan 2019389.6411.8
Dec 2018388.9414.4
Nov 2018388.4415.3
Oct 2018390.8417.1
Sep 2018393.4417.5
Aug 2018392.9418.3
Jul 2018389.7417.0
Jun 2018385.6411.9
May 2018383.2409.2
Apr 2018379.7407.5
Mar 2018378.8403.7
Feb 2018381.2406.1
Jan 2018381.5405.0
Dec 2017379.5406.5
Nov 2017376.0404.9
Oct 2017375.4406.0
Sep 2017377.1405.7
Aug 2017375.6407.2
Jul 2017374.3405.4
Jun 2017368.6400.2
May 2017364.7396.8
Apr 2017361.8394.4
Mar 2017359.9388.3
Feb 2017361.1389.1
Jan 2017359.8388.3
Dec 2016359.9388.7
Nov 2016359.4388.0
Oct 2016361.3386.2
Sep 2016364.3387.5
Aug 2016361.4388.1
Jul 2016359.7388.1
Jun 2016354.2384.0
May 2016347.8380.4
Apr 2016341.1376.0
Mar 2016337.7374.6
Feb 2016344.2370.8
Jan 2016343.9370.6
Dec 2015345.3369.6
Nov 2015340.1368.4
Oct 2015340.7365.6
Sep 2015338.6365.1
Aug 2015335.0364.3
Jul 2015331.7361.0
Jun 2015327.4355.0
May 2015323.8352.3
Apr 2015319.4348.5
Mar 2015317.9345.5
Feb 2015319.6344.2
Jan 2015319.9343.9
Dec 2014320.7345.7
Nov 2014321.1344.9
Oct 2014322.6346.1
Sep 2014321.7346.6
Aug 2014318.5346.2
Jul 2014316.7342.2
Jun 2014313.9337.5
May 2014309.7334.6
Apr 2014305.3331.1
Mar 2014302.7323.9
Feb 2014305.3322.7
Jan 2014305.4321.4
Dec 2013303.0321.0
Nov 2013301.6318.1
Oct 2013298.4316.4
Sep 2013299.8317.7
Aug 2013296.1317.4
Jul 2013294.4314.9
Jun 2013292.4311.4
May 2013289.7308.9
Apr 2013293.4307.3
Mar 2013293.1304.3
Feb 2013295.3302.5
Jan 2013293.4302.5
Dec 2012290.9304.6
Nov 2012294.0305.3
Oct 2012295.6305.0
Sep 2012298.6307.2
Aug 2012297.0308.3
Jul 2012295.6307.9
Jun 2012296.2306.7
May 2012295.6303.8
Apr 2012293.8302.8
Mar 2012293.0299.3
Feb 2012294.2298.5
Jan 2012294.4299.3
Dec 2011294.8301.3
Nov 2011294.8302.6
Oct 2011298.4302.5
Sep 2011298.7305.8
Aug 2011299.5306.6
Jul 2011299.9306.4
Jun 2011301.0302.6
May 2011297.5302.1
Apr 2011297.9303.4
Mar 2011299.6298.8
Feb 2011302.0300.2
Jan 2011300.5301.8
Dec 2010300.6304.3
Nov 2010303.4304.9
Oct 2010309.9308.5
Sep 2010312.6312.0
Aug 2010312.1312.8
Jul 2010308.4312.8
Jun 2010306.1309.7
May 2010303.4308.2
Apr 2010302.9306.7
Mar 2010301.6302.8
Feb 2010306.0302.8
Jan 2010305.5302.1
Dec 2009306.0303.2
Nov 2009303.0301.2
Oct 2009302.4300.2
Sep 2009300.2298.2
Aug 2009296.8295.9
Jul 2009290.1293.0
Jun 2009285.3287.8
May 2009279.0285.0
Apr 2009278.1281.1
Mar 2009278.4278.6
Feb 2009282.9280.3
Jan 2009287.6283.6
Dec 2008293.3290.3
Nov 2008302.0294.8
Oct 2008309.8303.4
Sep 2008316.6309.6
Aug 2008322.8317.6
Jul 2008328.8324.4
Jun 2008333.9328.0
May 2008335.1332.4
Apr 2008335.2330.4
Mar 2008338.3329.8
Feb 2008341.5332.2
Jan 2008345.0335.1
Dec 2007343.3341.3
Nov 2007344.0341.8
Oct 2007343.2342.0
Sep 2007345.0342.8
Aug 2007342.9342.3
Jul 2007341.1340.4
Jun 2007337.1336.1
May 2007334.6332.5
Apr 2007332.5328.7
Mar 2007329.1322.2
Feb 2007330.8319.8
Jan 2007328.1318.8
Dec 2006328.1319.0
Nov 2006322.9315.0
Oct 2006323.8313.4
Sep 2006323.3311.6
Aug 2006320.7310.3
Jul 2006316.9307.7
Jun 2006313.2303.4
May 2006312.9300.5
Apr 2006309.4297.7
Mar 2006308.6291.4
Feb 2006305.4289.0
Jan 2006304.5288.6
Dec 2005302.7289.0
Nov 2005304.1287.4
Oct 2005304.8286.6
Sep 2005304.3287.1
Aug 2005301.2287.6
Jul 2005296.3286.4
Jun 2005292.0282.8
May 2005291.6280.6
Apr 2005292.9277.6
Mar 2005291.7273.7
Feb 2005288.6271.5
Jan 2005287.4271.7
Dec 2004286.7271.9
Nov 2004286.3273.9
Oct 2004284.2274.3
Sep 2004282.6272.3
Aug 2004278.3272.8
Jul 2004271.9269.7
Jun 2004265.1264.1
May 2004256.4259.5
Apr 2004249.0256.4
Mar 2004241.3245.3
Feb 2004240.1244.7
Jan 2004236.8247.1
Dec 2003234.5245.6
Nov 2003233.1240.9
Oct 2003231.9243.6
Sep 2003231.4239.4
Aug 2003226.3240.2
Jul 2003222.8236.0
Jun 2003218.2231.9
May 2003211.7231.4
Apr 2003207.8233.0
Mar 2003202.0227.6
Feb 2003200.5222.8
Jan 2003196.1225.2
Dec 2002192.8226.8
Nov 2002188.2219.5
Oct 2002184.9217.3
Sep 2002183.0215.7
Aug 2002181.6210.6
Jul 2002175.7206.0
Jun 2002170.6204.4
May 2002163.1196.4
Apr 2002159.0191.4
Mar 2002154.6188.9
Feb 2002153.8182.5
Jan 2002153.2176.1
Dec 2001152.3176.7
Nov 2001150.4176.7
Oct 2001150.5176.7
Sep 2001150.5180.3
Aug 2001149.6180.3
Jul 2001146.9180.3
Jun 2001144.7174.1
May 2001140.4174.1
Apr 2001138.5174.1
Mar 2001136.1168.0
Feb 2001136.1168.0
Jan 2001134.5168.0
Dec 2000133.9168.9
Nov 2000133.7168.9
Oct 2000134.1168.9
Sep 2000134.3164.0
Aug 2000133.4164.0
Jul 2000131.7164.0
Jun 2000129.0161.0
May 2000125.2161.0
Apr 2000121.5161.0
Mar 2000118.9152.6
Feb 2000117.9152.6
Jan 2000118.2152.6
Dec 1999118.6148.8
Nov 1999119.7148.8
Oct 1999119.9148.8
Sep 1999119.6145.1
Aug 1999118.4145.1
Jul 1999117.6145.1
Jun 1999116.4137.1
May 1999115.1137.1
Apr 1999112.6137.1
Mar 1999111.4131.5
Feb 1999111.0131.5
Jan 1999110.0131.5
Dec 1998110.1130.7
Nov 1998110.0130.7
Oct 1998113.3130.7
Sep 1998114.1131.3
Aug 1998113.2131.3
Jul 1998109.8131.3
Jun 1998106.8125.8
May 1998106.8125.8
Apr 1998106.6125.8
Mar 1998107.5119.5
Feb 1998107.0119.5
Jan 1998107.3119.5
Dec 1997105.7116.5
Nov 1997105.4116.5
Oct 1997105.3116.5
Sep 1997106.9117.4
Aug 1997107.3117.4
Jul 1997107.3117.4
Jun 1997106.7111.7
May 1997105.0111.7
Apr 1997102.6111.7
Mar 1997101.6109.5
Feb 1997102.0109.5
Jan 1997103.2109.5
Dec 1996103.3108.0
Nov 1996102.9108.0
Oct 1996104.3108.0
Sep 1996104.5106.2
Aug 1996104.4106.2
Jul 1996101.8106.2
Jun 1996100.4102.2
May 199699.0102.2
Apr 199698.6102.2
Mar 199697.7102.1
Feb 199698.1102.1
Jan 199697.9102.1
Dec 199598.7100.6
Nov 199599.2100.6
Oct 1995100.3100.6
Sep 1995102.0102.0
Aug 1995103.3102.0
Jul 1995103.2102.0
Jun 1995103.3101.1
May 1995103.6101.1
Apr 1995103.4101.1
Mar 1995101.9100.0
Feb 1995100.4100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
May 1995March 1996−5.7%105
September 1998November 1998−3.6%26
September 2007April 2009−19.4%1980
November 2022April 2023−4.7%517

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Leeds

Sale prices have an 80% chance of landing between £242,715 and £262,225 by August 2027.

Expected, August 2027
£252,470
Chance of a rise
79%

At the average sale price, a home costs £246,385. With 10% down and a 30-year mortgage, the payment is £1,137 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
19%
Payment, one income
37%

Owning and renting the average home cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,148
Owning per month
£1,160

3.2% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
1,860
Per 1,000 residents
2.2

Figures for United Kingdom: Leeds has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population fell by 2,167 while 2,410 homes were finished.

Homes finished, 2025
2,410
Population change, 2025
−2,167

4.3% of the 357,460 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.3%
Empty homes
15,430

In 2025, 14% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
14%