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article dwell leeds

What is going on right now in the Leeds property market?

Published: 04/03/2019

Here in our Leeds office, we're not sure if we can remember another time when there so many opportunities out there in our property market. The last 12 months have been one heck of a time working hard with sellers to put a smile on their face, and we've done this continuously keeping on top of all of the latest movements in the market.

A key part of our approach is how we complement our unrivalled knowledge of local opportunities with a firm grasp of market movements. We do this by regularly looking at various property-related statistics that are available to us. The most important source is the Land Registry, which records all home sales and tells us what's happening to sales rates and price levels.
The chart within the article illustrates a very good reason to be happy. Long-term house price growth in the area has been strong, with the average rate of growth since 2000 sitting at an admirable 9.5 per cent. The broad base of the market and the solid fundamentals unperpinning it mean we expect this to continue in the medium and long term.

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