Adel House Prices, Leeds
Adel is an area, located in Leeds.
Adel House Prices
As of June, 2024, the average house prices in Adel are as follows:
- 1 bedroom flat – £100,000 (-2.17%)
- 2 bedroom flat – £230,000 (2.62%)
- 3 bedroom flat – £327,500 (-0.28%)
- 4 bedroom flat – £535,000 (-0.99%)
- 5 bedroom flat – £799,497 (12.68%)
Keep in mind that these are simply the average rates for Adel house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Adel, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Adel house price is £350,000, high by 3.7% as of £337,500 in May, 2024.
- Currently, there are 90 houses for sale and an average of 12 property sales per month. The real estate market is stable, with a good balance between properties for sale and buyer demand, resulting in stable prices.
Check back next month for updated Adel house prices.
Adel House Prices Growth
The average house price in Adel over the last 5 years is as follows:
- 2019-06 – £275,235
- 2020-06 – £272,556 (-0.97%)
- 2021-06 – £318,767 (16.95%)
- 2022-06 – £297,203 (-6.76%)
- 2023-06 – £332,118 (11.75%)
- 2024-06 – £328,333 (-1.14%)
Sold house prices in Adel have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 19%. Thus, if the trend continues, purchasing real estate in Adel in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Adel house prices, it’s also wise to keep an eye on house rent prices in Adel. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Adel.