All news

Interesting Facts About the Leeds Property Market

Leeds, West Yorkshire, is one of the greatest places to live in the UK for many different reasons. There are plenty of shopping centres filled with a variety of some of the UK’s favourite retailers, both high end to in-expensive brands, restaurants, cafes and even cinemas.

It has a very rich and proud culture with several amazing cultural destinations located within the city. There’s also plentiful top-class museums and galleries, markets, nightlife destinations and theatres.

There wouldn’t be a day gone by where you have nothing to do!

There are many reasons why relocating to Leeds could be an excellent decision, and in this blog, we’ll be going into a few of them. So, let’s discuss some interesting facts and statistics that you ought to know about the Leeds Property Market!

Rental rates are doing very well

Leeds is seen as a popular student city with it being the home of three Universities – University of Leeds, Leeds Beckett University and Leeds Trinity University. Therefore, it’s quite clear to see that the demand for student housing is and will remain very strong!

Click here to find your student property to rent in Leeds with Priestley’s. We can provide you with shared accommodation in Headingley and Hyde Park to self-contained studios in Kirkstall and Burley.

LS17 holds the highest street value

Residents familiar with the areas around Leeds won’t be surprised when they hear this!

The properties benefit from beautiful semi-rural surroundings and housing stock, and the 5 streets with the highest values in Leeds are Manor House Lane, Sandmoor Drive, Roundhay Park Lane, Ling Lane and Harewood Road…all LS17 postcodes!

There is a predicted influx

We anticipate an influx of new Leeds residents leading up to the HS2 railway network linking Leeds to Birmingham and London in 2033. Due to the increase in commuters from London searching for affordable living, it is more than likely that the need for property will increase. On top of this, there has also been an increase in students attending Leeds universities, resulting in higher demand for student accommodation.

If you are looking for estate agents in Leeds to guide you with more information, we obtain plenty of local knowledge you are welcome to ask or talk to us about. If you are thinking about looking for a property in Leeds and there is anything specific about the property market that you would like to know more about, please don’t hesitate to give us a call on 0113 222 4537. Alternatively, you can visit our Leeds branch to speak with our branch manager.