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Sheffield House Prices Sheffield House Prices

The average house price in Sheffield is £245,381 using HM Land Registry data.

The average property price increased by £78,141 (40.89%) over the last 5 years and increased by £15,617 (6.16%) over the last 12 months.

Over the last year, there were 4,334 residential property sales – a decrease of 1,542 transactions (-35.58%) relative to the previous year. The majority of house sales (1390) were in the £110,000 - £178,000 range. Then came properties in the £178,000 - £246,000 range, where 980 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,697 (-2%).

In April 2024, there were 729 new estate agency instructions, 586 agreed home sales and 216 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

40.89%

Property prices in Sheffield increased by 40.89% 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

6.16%

Property prices in Sheffield increased by 6.16% 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 - April 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
12 Fulney Road, Sheffield, South Yorkshire, S11 7EW£375,000£374,500-£50024 Oct 202319 Mar 2024147 Days
54 Shirehall Crescent, Sheffield, South Yorkshire, S5 0GT£115,000£106,000-£9,00019 Sep 202315 Mar 2024178 Days
79 Clifton Crescent, Sheffield, South Yorkshire, S9 4BD£190,000£180,000-£10,00029 May 202315 Mar 2024291 Days
183 Batemoor Road, Sheffield, South Yorkshire, S8 8FG£75,000£73,000-£2,00018 May 202315 Mar 2024302 Days
50 New Cross Drive, Sheffield, South Yorkshire, S13 7GH£80,000£80,000£0007 Sep 202315 Mar 2024190 Days
36 Middle Ox Gardens, Halfway, Sheffield, South Yorkshire, S20 4SR£115,000£108,500-£6,50025 Aug 202314 Mar 2024202 Days
157 Martin Street, Sheffield, South Yorkshire, S6 3DQ£85,000£80,500-£4,50031 Aug 202312 Mar 2024194 Days
464 East Bank Road, Sheffield, South Yorkshire, S2 2AF£150,000£150,000£0025 Oct 202308 Mar 2024135 Days
158 Birley Spa Lane, Sheffield, South Yorkshire, S12 4BQ£325,000£320,000-£5,00015 Sep 202308 Mar 2024175 Days
80 Park Grange Mount, Sheffield, South Yorkshire, S2 3SQ£175,000£170,000-£5,00024 Mar 202307 Mar 2024349 Days
27 Widdop Close, Sheffield, South Yorkshire, S13 8EP£210,000£210,000£0008 Aug 202306 Mar 2024211 Days
75 Western Road, Sheffield, South Yorkshire, S10 1LB£250,000£247,000-£3,00004 Oct 202305 Mar 2024153 Days
3 Elcroft Gardens, Beighton, Sheffield, South Yorkshire, S20 1GX£275,000£275,000£0023 Aug 202205 Mar 2024560 Days
331 Windmill Lane, Sheffield, South Yorkshire, S5 6FW£130,000£130,000£0021 Nov 202301 Mar 2024101 Days
43 Birley Rise Road, Sheffield, South Yorkshire, S6 1HQ£220,000£220,000£0011 May 202301 Mar 2024295 Days
17 Carfield Avenue, Sheffield, South Yorkshire, S8 9HY£365,000£356,000-£9,00019 Oct 202301 Mar 2024134 Days
63 Pearson Place, Sheffield, South Yorkshire, S8 9DE£210,000£200,000-£10,00024 Aug 202301 Mar 2024190 Days
57 Norton Park Road, Sheffield, South Yorkshire, S8 8GQ£525,000£525,000£0001 Nov 202301 Mar 2024121 Days
34 Mauncer Lane, Sheffield, South Yorkshire, S13 7JF£180,000£170,000-£10,00007 Oct 202301 Mar 2024146 Days
499 Herries Road, Sheffield, South Yorkshire, S5 8TJ£180,000£175,000-£5,00019 Sep 202329 Feb 2024163 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£1,145,0005
S11 9QFWhirlow LaneSheffield£1,134,8836
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 8JALloyd StreetSheffield£51,8128
S4 8GFOwler LaneSheffield£52,3754
S1 2FTHoward LaneSheffield£53,92510
S4 8JBLloyd StreetSheffield£54,6495
S4 8JJPopple StreetSheffield£55,0003
S6 3ATCross Bedford StreetSheffield£55,04510

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