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Sheffield House Prices Sheffield House Prices

The average house price in Sheffield is £235,540 using HM Land Registry data.

The average property price increased by £80,043 (41.68%) over the last 5 years and increased by £16,002 (6.25%) over the last 12 months.

Over the last year, there were 4,222 residential property sales – a decrease of 1,570 transactions (-37.19%) relative to the previous year. The majority of house sales (1273) were in the £110,000 - £178,000 range. Then came properties in the £178,000 - £246,000 range, where 993 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,697 (-2%).

In June 2024, there were 734 new estate agency instructions, 651 agreed home sales and 237 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

41.68%

Property prices in Sheffield increased by 41.68% 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

6.25%

Property prices in Sheffield increased by 6.25% 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 - June 2024

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
226 Warminster Road, Sheffield, South Yorkshire, S8 8PR£150,000£146,000-£4,00001 Jun 202320 May 2024354 Days
7 Hursley Close, Sothall, Sheffield, South Yorkshire, S20 2QX£200,000£200,000£0018 Oct 202317 May 2024212 Days
44 Dalewood Road, Sheffield, South Yorkshire, S8 0ED£450,000£450,000£0015 Feb 202416 May 202491 Days
31 Meadowbank Avenue, Sheffield, South Yorkshire, S7 1PB£799,950£799,950£0003 Jan 202414 May 2024132 Days
30 Leslie Road, Sheffield, South Yorkshire, S6 4RB£375,000£375,000£0001 Dec 202310 May 2024161 Days
36 Beaumont Crescent, Sheffield, South Yorkshire, S2 1SA£175,000£173,000-£2,00001 Feb 202410 May 202499 Days
2 Rubens Row, Sheffield, South Yorkshire, S2 5JJ£120,000£115,000-£5,00028 Nov 202310 May 2024164 Days
98 Bradley Street, Sheffield, South Yorkshire, S10 1PB£360,000£340,000-£20,00024 Nov 202310 May 2024168 Days
The Hawthorns, Croft Lane, Sheffield, South Yorkshire, S11 9QG£1,975,000£1,830,000-£145,00005 Jun 202310 May 2024340 Days
36 Manvers Road, Beighton, Sheffield, South Yorkshire, S20 1AY£85,000£81,500-£3,50030 Sep 202307 May 2024220 Days
35 Bannerdale View, Sheffield, South Yorkshire, S11 9FG£190,000£182,000-£8,00006 Jan 202403 May 2024118 Days
34 Rowan Tree Dell, Sheffield, South Yorkshire, S17 4FN£350,000£340,000-£10,00011 Jan 202403 May 2024113 Days
31 Westland Road, Westfield, Sheffield, South Yorkshire, S20 8EQ£125,000£123,100-£1,90013 Jan 202403 May 2024111 Days
86 Plumbley Hall Road, Mosborough, Sheffield, South Yorkshire, S20 5EG£220,000£220,000£0015 Feb 202403 May 202478 Days
3 Leamington Street, Sheffield, South Yorkshire, S10 1LU£240,000£232,000-£8,00002 Jan 202402 May 2024121 Days
42 Wisewood Lane, Sheffield, South Yorkshire, S6 4WA£260,000£250,000-£10,00019 Jan 202430 Apr 2024102 Days
121 Dobcroft Road, Sheffield, South Yorkshire, S7 2LT£430,000£330,000-£100,00003 May 201430 Apr 20243650 Days
1 Hatfield House Croft, Sheffield, South Yorkshire, S5 6JA£60,000£60,000£0003 Oct 202329 Apr 2024209 Days
229 Oxford Street, Sheffield, South Yorkshire, S6 3FD£180,000£180,000£0027 Feb 202429 Apr 202462 Days
27 Middle Hay Place, Sheffield, South Yorkshire, S14 1QG£100,000£98,500-£1,50026 Jan 202429 Apr 202494 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£1,618,7504
S10 3LFSnaithing LaneSheffield£1,505,0004
S10 3LDIvy Park RoadSheffield£1,404,1403
S11 9SYWhirlow Grange CloseSheffield£1,312,5004
S10 3GURanmoor CrescentSheffield£1,305,8333
S11 9NNWhirlow Park RoadSheffield£1,220,0004
S11 9QFWhirlow LaneSheffield£1,208,4717
S11 9NPWhirlow Park RoadSheffield£1,053,0005

Least Expensive Streets in Sheffield

PostcodeStreetAreaAverageNo. of Sales
S1 2FRQueen StreetSheffield£42,8744
S1 2FPQueen StreetSheffield£45,0628
S4 8HWWade StreetSheffield£48,6258
S3 7BZFurnace HillSheffield£50,9005
S4 8GFOwler LaneSheffield£52,3754
S1 2FTHoward LaneSheffield£53,92510
S4 8JBLloyd StreetSheffield£54,6495
S4 8JALloyd StreetSheffield£54,7229
S4 8JJPopple StreetSheffield£55,0003
S6 3ATCross Bedford StreetSheffield£55,0509

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