Amenities:
Notes:
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A Mouseprice property guide for LS1 Leeds is coming soon. In the meantime, please have a look at the raw data and statistics about LS1 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
The size of the property market in LS1 is 362 homes.
Property in this postcode district (LS1) has been growing at a nominal annual rate of 14.8% over the last 5 years. This rate can be indicative ofa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
Over the last 3 months, the average property value for this postcode district has been £215647.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 6.9.
New transactions as a percentage of overall sales are 50.9%.
Housing stock:
Over half of the properties in the area are Flats, at 89.5% of the total housing stock.
The least common type of property in this area is Detached Houses (0.8% of the total housing stock).
The property in this area caters well for retirees and young couples who do not have large families.
A high proportion of property in this area is socially rented.
A lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market.
The average price of a two bed property in this area is higher than the national average of £187894 at £207305.
Who lives here:
The population of this postcode district is 534.
The average age in this area is 31.
Single people make up 62.6% of the population in this postcode district.
Average working hours in this area for men are 43 and for women are 35.
This area has 4.8 people per square kilometre.
The largest source of work in this area is Real Estate (28.8% of workers), followed by Financial Intermediation (18.5%).
This area has one of the highest proportions of degree educated people in the country, at 35.8%.
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