LS3 (Leeds) area guide

LS3
Leeds
The LS3 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: City and Hunslet, Hyde Park and Woodhouse, Leeds.
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Notes:

A Mouseprice property guide for LS3 Leeds is coming soon. In the meantime, please have a look at the raw data and statistics about LS3 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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:

Leeds propertyThe size of the property market in LS3 is 1413 homes.

Leeds propertyThe postcode district LS3 has been experiencing annual growth of 14.8% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea 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.

Leeds propertyOver the last 3 months, the average property value for this postcode district has been £156800.

Leeds propertyWhen examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 7.

Leeds propertyNew transactions as a percentage of overall sales are 9%.

Housing stock:

Leeds propertyOver half of the properties in the area are Flats, at 69.1% of the total housing stock.

Leeds propertyFor those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 1.5% are this type.

Leeds propertyThe property in this area caters well for retirees and young couples who do not have large families.

Leeds propertyA high proportion of property in this area is socially rented.

Leeds propertyThe majority of property in this area is privately rented.

Leeds propertyThe average price of a two bed property in this area is less that the national average of £187894 at £145464.

Who lives here:

Leeds propertyTotal population in this area is 2779.
Leeds propertyThis is one of the youngest places in the country, with an average age of 24.
Leeds propertySingle people make up 73.2% of the population in this postcode district.
Leeds propertyAverage working hours in this area for men are 37 and for women are 31.
Leeds propertyThis area has 37.6 people per square kilometre.
Leeds propertyThe largest source of work in this area is Real Estate (15.8% of workers), followed by Wholesale & Retail (14.8%).
Leeds propertyThis area has one of the highest proportions of degree educated people in the country, at 34%.