Best £250k properties on the market as Leeds buyers look to Bradford and Wakefield to get more for their money
Online estate agents Purple Bricks analysed the top searches over the past 30 days.
The top searches from people in Leeds looking to buy a new home were for properties with a maximum price of £200,000.
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Hide AdThe second top search was for houses with a maximum asking price of £250,000.
Purple Bricks also found that many Leeds searchers were actively expanding their search to look in the Bradford and Wakefield areas, possibly due to lower house prices in these areas.
According to HM Land Registry data, properties in Leeds had an overall average price of £231,734 over the past 12 months.
This is compared to £144,774 in Bradford and £217,581 in Wakefield.
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Hide AdJanet Francis, Local Property Expert at Purplebricks said: “Properties around £200k are popular and as they are in decent areas, and there aren’t many properties below this price - unless you look at flats.
"Lots of first time buyers are after properties in this price bracket and currently demand is outstripping supply so it’s very competitive.
“In LS18, LS20 and LS21 you can find two to three bed properties. The three beds are usually ex-council and need some work.
"In LS16 you can find two bed houses or flats, and in LS29 you might find a flat or small cottage for £200k.”
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Hide AdCommenting on Bradford, Kym Cairns, LPE said: “Bradford has stunning historical properties like stone terrace houses that are the same quality as the ones you can find in the Pudsey area, but for half the price, which families and young couples love. There are many local schools and it is a very multicultural area.
"With more people working from home, and therefore able to work from anywhere in the country, Bradford has become very appealing as it boasts beautiful areas in Shipley, Saltaire and Baildon, which are enticing buyers. Areas such as Eccleshill and Thornbury are closer to Leeds city centre but are not too expensive so properties here are in high demand.
“I have seen buyers from all ages relocating to Bradford, whether that be the maturer generation looking to settle somewhere with some scenery such as Skipton and Settle, or young families wanting to be closer to schools such as Tong."
Wakefield property expert Heather Hall added: "From the centre of Wakefield you have easy access to the M1 and M62 network so commuting to Leeds, London and Manchester is easy.
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Hide Ad"Since lockdown restrictions have eased, there has been an increase in demand for properties with four or more bedrooms, as many buyers are looking for home office space.
"The postcode area WF4 is very sought after due to the many rural villages that are so close to countryside walks and outside spaces. WF3 is also popular due to its close proximity to Leeds.”