Property website Rightmove recorded its busiest day ever during Wednesday’s Budget, as a zero stamp duty extension was confirmed and information about a new five per cent deposit mortgage scheme was set out by the Government. Inquiries to estate agents were 82 per cent higher than on the same day in 2020, the website said, as people eyed up a new home.
If you're looking for a new home in Leeds, now is the perfect time to take advantage of the Government schemes.
Local estate agent Manning Stainton, which has branches across Leeds, has calculated the areas that have seen house prices rise the fastest in the last year. These are the 11 areas listed from the cheapest to most expensive, calculated by the average sale price and number of units from 2019 to 2020, the latest available figures:
7. Horsforth
Horsforth - The average house price in Horsforth was £243,514. It has risen by 4.8 per cent and is now £255,180.
8. Oakwood
Oakwood - The average house price in Oakwood was £257,515. It has risen by 9.1 per cent and is now £281,038.
9. Adel
The average house price in Adel was £279,867. It has risen by 10.2 per cent and is now £308,363.
10. Wetherby
The average house price in Wetherby was £281,700. It has risen by 10 per cent and is now £309,956.
11. Moortown
The average house price in Moortown was £283,488. It has risen by 9.5 per cent and is now £310,477.