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Leeds Housing Market

Leeds Housing Market

Leeds Housing Market

Some parts of the UK have totally recovered from the 2007 recession but how has the Leeds Housing Market fared? Some other parts of the UK have fully recovered from the crisis in 2008, but those are mainly based inside the M25 so we have a look to see how Leeds has performed over the recent years.

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Back in 2005, the apartment market was booming with over 3500 new builds just erected, 2500 been built and a further 5000 going through planning.  All this came to a speedy halt when the market crashed in 2008. The buy to let market helped to create the crash with new developments such as Clarence Dock, Green Bank and Lumiere commanding high prices in a false economy. Many of the projects became mothballed (Green Bank and Lumiere) leaving giant building plot scars across the city centre. So how are the cities apartment prices in comparison to their value back at the peak? Well, the bad news is that this is some areas with values as low as 60% less than their original market value from 2008.

So as a whole how is the Leeds housing market performing in 2017? Well, unfortunately, the Leeds housing market as a whole is still down 15% from the prices in 2007 and this is mainly due to the good performing suburb areas which have helped pull a 7%  improvement in the Leeds housing market over the past eighteen months (according to figures provided my Knight Frank).

If you need a quick house sale in Leeds then call Home House Buyers as we are a quick house buyer. We can complete the sale of your house within a matter of weeks and we pay all the fees in the process. In some circumstances, we can offer you a completion within 14 days.

As Home House Buyers are a quick house buyer we can also help you to sell your commercial property fast, we buy offices, plots and land so give a call if you are struggling to sell in the Leeds housing market.

If you are looking for a quick house sale in Leeds then Home House Buyers we will have a solution to your problem  just call our freephone number 0800 6121 366 or alternatively you can EmailUs

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