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House Prices in S1

The average house price in S1 (Sheffield) is £86,000 using HM Land Registry data.

The average property price decreased by £4,617 (-6.09%) over the last 5 years and decreased by £925 (-1.06%) over the last 12 months.

Over the last year, there were 47 residential property sales – a decrease of 42 transactions (-89.36%) relative to the previous year. The majority of house sales (14) were in the £116,000 - £144,000 range. Then came properties in the £144,000 - £172,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion).

In Dec 24, there were 13 new estate agency instructions, 3 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in S1 (Sheffield)

6.09%

Property prices in Sheffield increased by 6.09% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in S1 (Sheffield) Over the Last Year

1.06%

Property prices in Sheffield increased by 1.06% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for S1 (Sheffield) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in S1 (Sheffield)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in S1 (Sheffield)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in S1 (Sheffield)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the S1 (Sheffield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the S1 postcode area since 1995.

Recent Sales in S1 (Sheffield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Apartment 5, Smithfield Apartments, 131, Rockingham Street, Sheffield, South Yorkshire, S1 4EY	£144,950	£109,500	-£35,450	17 Aug 2012	09 Feb 2024	4193 Days
51 Hawley Street, Sheffield, South Yorkshire, S1 2EA	£130,000	£125,000	-£5,000	08 Jul 2020	29 Mar 2021	264 Days
55 Hawley Street, Sheffield, South Yorkshire, S1 2EA	£200,000	£180,000	-£20,000	19 Oct 2020	25 Mar 2021	157 Days
66 Margaret Street, Sheffield, South Yorkshire, S1 4SX	£125,000	£125,000	£00	27 Sep 2019	29 Nov 2019	63 Days
75 Hawley Street, Sheffield, South Yorkshire, S1 2EA	£98,000	£93,000	-£5,000	28 Feb 2018	19 Sep 2019	568 Days
45 Eyre Lane, Sheffield, South Yorkshire, S1 4RB	£135,000	£110,000	-£25,000	01 Sep 2015	22 Mar 2019	1298 Days
27 Midland Street, Sheffield, South Yorkshire, S1 4SZ	£160,000	£160,000	£00	21 Jun 2018	12 Oct 2018	113 Days
42 Margaret Street, Sheffield, South Yorkshire, S1 4SX	£145,000	£145,000	£00	21 Nov 2017	30 Apr 2018	160 Days

Most Expensive Streets in S1 (Sheffield)

Postcode	Street	Area	Average	No. of Sales
S1 2GT	Holly Street	Sheffield	£199,550	4
S1 4SZ	Midland Street	Sheffield	£198,302	4
S1 2PH	Bank Street	Sheffield	£197,307	11
S1 2FG	Orchard Lane	Sheffield	£187,714	7
S1 2HJ	Pinstone Street	Sheffield	£172,600	5
S1 2EN	St Peters Close	Sheffield	£171,900	5
S1 2DX	Queen Street	Sheffield	£171,375	6
S1 2EH	Vicar Lane	Sheffield	£170,297	18
S1 2LN	St Pauls Square	Sheffield	£170,000	5
S1 4GD	Westfield Terrace	Sheffield	£165,000	3

Least Expensive Streets in S1 (Sheffield)

Postcode	Street	Area	Average	No. of Sales
S1 2FP	Queen Street	Sheffield	£45,785	7
S1 2FT	Howard Lane	Sheffield	£53,659	11
S1 4JX	Spectrum Apartments, Egerton Street, Sheffield	Sheffield	£61,471	73
S1 4RN	Sylvester Street	Sheffield	£76,166	3
S1 4AD	Bailey Street	Sheffield	£81,333	3
S1 4AJ	Wellington Street	Sheffield	£84,685	4
S1 4AH	Wellington Street	Sheffield	£87,437	4
S1 4AN	Wellington Street	Sheffield	£94,180	3
S1 4AB	Bailey Street	Sheffield	£99,250	4
S1 4QS	Furnival Street	Sheffield	£103,700	4