Year: 2026 2025 2024
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Leeds, United Kingdom

Property prices · 2025 · Europe · Price +3.5% vs 2024

Price/sqm — City Centre GBP 3,312
Price/sqm — Outside Centre GBP 2,070
1-Bed Rent / Month GBP 1,035
3-Bed Rent / Month GBP 1,656
Avg Mortgage Rate 4.50%
Price-to-Rent Ratio 17.0x Buying and renting are roughly comparable

Property price trend in Leeds (2024–2026)

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Property comparison — cities in United Kingdom (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Leeds
Leeds GBP 3,312 GBP 2,070 GBP 1,035
London GBP 13,000 GBP 7,488 GBP 2,288 +292.5%
Edinburgh GBP 5,382 GBP 3,312 GBP 1,449 +62.5%
Bristol GBP 4,968 GBP 3,105 GBP 1,397 +50%
Manchester GBP 4,658 GBP 2,898 GBP 1,346 +40.6%
Birmingham GBP 3,933 GBP 2,484 GBP 1,138 +18.8%

Other Europe cities (2025)

Frequently asked questions

How much does property cost in Leeds in 2025?

In Leeds, the average price per sqm in the city centre is GBP 3,312, and GBP 2,070 outside the centre (2025 data). Prices have risen 6.5% since 2024.

How much is rent in Leeds in 2025?

A 1-bedroom apartment in Leeds rents for approximately GBP 1,035 per month in 2025. A 3-bedroom apartment costs around GBP 1,656/month.

Is it better to buy or rent in Leeds?

Buying and renting are roughly comparable in Leeds. The price-to-rent ratio is 17.0x — it would take approximately 17.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.50%.

What are mortgage rates in United Kingdom in 2025?

The average mortgage rate in United Kingdom is approximately 4.50% as of 2025. With a price-to-rent ratio of 17.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Leeds changed?

Property prices in Leeds have changed +3.5% vs 2024. Since 2024, prices have increased by 6.5%. Use the year tabs above to compare prices across years.

What is the price per sqm in Leeds?

The average property price per square metre in Leeds city centre is GBP 3,312 in 2025. Outside the centre, expect to pay around GBP 2,070/sqm.

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