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Sheffield House Prices Sheffield House Prices

The average house price in Sheffield is £230,540 using HM Land Registry data.

The average property price increased by £77,505 (40.21%) over the last 5 years and increased by £15,494 (6.08%) over the last 12 months.

Over the last year, there were 4,563 residential property sales – a decrease of 1,343 transactions (-29.43%) relative to the previous year. The majority of house sales (1376) were in the £110,000 - £178,000 range. Then came properties in the £178,000 - £246,000 range, where 1088 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,697 (-2%).

In Oct 24, there were 661 new estate agency instructions, 657 agreed home sales and 318 property price reductions.

Neighbouring Areas: Ecclesfield and Grenoside, Rotherham, Brinsworth, Waverley and Catcliffe, Swallownest and Aston, Killamarsh, Eckington

Postcodes Covered: S1, S10, S11, S12, S13, S14, S17, S18, S2, S20, S3, S35, S4, S5, S6, S60, S61, S7, S8, S9

5-Year Average Property Prices in Sheffield

40.21%

Property prices in Sheffield increased by 40.21% 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 Sheffield Over the Last Year

6.08%

Property prices in Sheffield increased by 6.08% 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.

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).

Property Market Heat Gauge for Sheffield - Oct 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 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 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 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 Sheffield since 1995

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

Recent Property Sales in Sheffield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Oak Road, Sheffield, South Yorkshire, S12 3HT£250,000£250,000£0003 May 202423 Aug 2024112 Days
2 Middlepeak Way, Handsworth, Sheffield, South Yorkshire, S13 9DL£190,000£187,000-£3,00009 Nov 202321 Aug 2024286 Days
13 Ackworth Drive, Sheffield, South Yorkshire, S9 1WE£160,000£159,000-£1,00009 Mar 202419 Aug 2024163 Days
250 Derbyshire Lane, Sheffield, South Yorkshire, S8 8SF£120,000£115,000-£5,00004 Dec 202319 Aug 2024259 Days
45 Bishopscourt Road, Sheffield, South Yorkshire, S8 9HN£249,950£245,000-£4,95007 Mar 202415 Aug 2024161 Days
4 Hutcliffe Wood View, Sheffield, South Yorkshire, S8 0DY£140,000£135,000-£5,00023 Apr 202413 Aug 2024112 Days
17 Glenholme Road, Sheffield, South Yorkshire, S13 8QB£185,000£185,000£0018 Apr 202412 Aug 2024116 Days
39 Rokeby Road, Sheffield, South Yorkshire, S5 9FW£195,000£195,000£0023 Mar 202409 Aug 2024139 Days
238 Stannington Road, Sheffield, South Yorkshire, S6 5FR£215,000£215,000£0006 Mar 202409 Aug 2024156 Days
10 Carlton Road, Sheffield, South Yorkshire, S6 1WS£250,000£241,000-£9,00022 Feb 202409 Aug 2024169 Days
37 Glentilt Road, Sheffield, South Yorkshire, S7 2EG£475,000£475,000£0019 Apr 202409 Aug 2024112 Days
31 Gervase Road, Sheffield, South Yorkshire, S8 7PQ£55,000£52,000-£3,00025 Mar 202409 Aug 2024137 Days
1 The Avenue, Beighton, Sheffield, South Yorkshire, S20 1BN£170,000£165,000-£5,00016 Apr 202409 Aug 2024115 Days
22 Birks Avenue, Sheffield, South Yorkshire, S13 7JS£215,000£200,000-£15,00008 May 202409 Aug 202493 Days
174 Bradway Road, Sheffield, South Yorkshire, S17 4QX£250,000£240,000-£10,00018 Oct 202308 Aug 2024295 Days
138 Manvers Road, Beighton, Sheffield, South Yorkshire, S20 1AY£130,000£110,000-£20,00015 Apr 202408 Aug 2024115 Days
20 Roscoe Drive, Sheffield, South Yorkshire, S6 5PJ£110,000£110,000£0028 Feb 202407 Aug 2024161 Days
541 Manchester Road, Sheffield, South Yorkshire, S10 5PL£295,000£292,500-£2,50014 Nov 202307 Aug 2024267 Days
90 Flodden Street, Sheffield, South Yorkshire, S10 1HA£210,000£210,000£0031 Jan 202407 Aug 2024189 Days
227 Southey Green Road, Sheffield, South Yorkshire, S5 8HB£195,000£195,000£0030 Mar 202406 Aug 2024129 Days

Most Expensive Streets in Sheffield

PostcodeStreetAreaAverageNo. of Sales
S17 3NFDore RoadSheffield£2,098,7504
S17 3NBDore RoadSheffield£1,827,0003
S10 3PRStumperlowe Crescent RoadSheffield£1,555,0005
S10 3LFSnaithing LaneSheffield£1,505,0004
S11 9NNWhirlow Park RoadSheffield£1,410,0003
S10 3LDIvy Park RoadSheffield£1,404,1403
S11 9SYWhirlow Grange CloseSheffield£1,323,3333
S10 3GURanmoor CrescentSheffield£1,305,8333
S11 9QFWhirlow LaneSheffield£1,232,4128
S17 3ERNewfield PlaceSheffield£1,072,1663

Least Expensive Streets in Sheffield

PostcodeStreetAreaAverageNo. of Sales
S1 2FPQueen StreetSheffield£45,7857
S4 8HWWade StreetSheffield£48,6258
S3 7BZFurnace HillSheffield£50,9005
S4 8GFOwler LaneSheffield£52,3754
S1 2FTHoward LaneSheffield£53,92510
S4 8JALloyd StreetSheffield£54,7229
S4 8JJPopple StreetSheffield£55,0003
S4 8JERobey StreetSheffield£55,2147
S9 1SPLifford StreetSheffield£55,4254
S6 3ATCross Bedford StreetSheffield£55,9374

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