Year: 2026 2025 2024
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Leeds, United Kingdom

Property prices · 2026 · Europe · Price +2.9% vs 2025

Price/sqm — City Centre GBP 3,408
Price/sqm — Outside Centre GBP 2,130
1-Bed Rent / Month GBP 1,065
3-Bed Rent / Month GBP 1,704
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 (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Leeds
Leeds GBP 3,408 GBP 2,130 GBP 1,065
London GBP 13,375 GBP 7,704 GBP 2,354 +292.5%
Edinburgh GBP 5,538 GBP 3,408 GBP 1,491 +62.5%
Bristol GBP 5,112 GBP 3,195 GBP 1,438 +50%
Manchester GBP 4,792 GBP 2,982 GBP 1,384 +40.6%
Birmingham GBP 4,047 GBP 2,556 GBP 1,172 +18.8%

Other Europe cities (2026)

Frequently asked questions

How much does property cost in Leeds in 2026?

In Leeds, the average price per sqm in the city centre is GBP 3,408, and GBP 2,130 outside the centre (2026 data). Prices have risen 6.5% since 2024.

How much is rent in Leeds in 2026?

A 1-bedroom apartment in Leeds rents for approximately GBP 1,065 per month in 2026. A 3-bedroom apartment costs around GBP 1,704/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 2026?

The average mortgage rate in United Kingdom is approximately 4.50% as of 2026. 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 +2.9% vs 2025. 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 3,408 in 2026. Outside the centre, expect to pay around GBP 2,130/sqm.

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