Based on recent sold price data, the average house price in Collingham (LS22 5) over the last year was £609,875, representing a 6.9% rise compared to the previous year. This growth is particularly notable given that West Yorkshire as a whole saw a modest 0.8% decrease in median house prices between March 2023 and March 2024. Our analysis shows that Collingham has outperformed the broader regional trend, making it an attractive location for sellers looking to capitalise on local demand.
However, current asking prices averaging £751,747 sit above achieved sold prices, suggesting sellers have elevated expectations in this sought-after village. The market has seen an 8% decline from the 2023 peak of £670,057, indicating some price correction after the pandemic-era boom. With 158 sales recorded in the LS22 5 postcode area over the past 24 months, transaction volumes remain healthy for a village location, demonstrating continued demand for Collingham properties among families seeking village life with good transport connections.
Property types in Collingham vary significantly, with detached homes commanding the highest prices at an average of £682,023 for sold properties. Semi-detached properties achieved around £490,500 on average, while terraced homes sold for approximately £373,667. The premium segment, particularly four and five-bedroom family homes in the £500,000 to £1 million+ bracket, shows strong activity, reflecting Collingham's appeal to affluent buyers seeking village life with convenient access to Leeds and York.