Mitchell Road, Sheffield, S8

Street Guide For Mitchell Road, Sheffield, S8

 

Mitchell Road, Sheffield, S8 Map

Estimated Price: £169,202
Average Asking Price: £195,014
Price change in last one year: £9,606
Average Price Paid: £142,961
Average Rent Rates: £560

 

Property Prices Breakdown in Mitchell Road, Sheffield, S8

Average Price for property in Mitchell Road, Sheffield, S8 is around £169,202 which varies based on type of property you are interested in and ranges from £250,738 for detached house to around £179,861 for semi-detached. Similarly terraced house is around £161,712. Values have been changing and have risen £52 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,141 in last 6 months, £9,606 in last 1 year, £14,467 in last 2 years, £17,469 in last 3 years, £14,387 in last 4 years and £13,056 in last 5 years.

Currently average asking price of a property in Mitchell Road, Sheffield, S8 is around £195,014 based on approximately 4 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £560 per month.

Estimated property value in Mitchell Road, Sheffield, S8 is £169,202. Average asking price is £195,014 while average price paid is £158,750 which is up by £9,606 and Avg. asking rent £560.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Mitchell Road, Sheffield, S8 area. In last 1 year alone average price buyer paid is around £158,750 based on approximately 4 sales in Mitchell Road, Sheffield, S8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £149,812. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £142,961 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £142,566 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £120,000, £148,319 for a 2 bedroom house, £176,797 for a 3 bedroom house, £266,348 for a 4 bedroom house and £456,250 for a 5 bedroom house. For a flat similarly the prices varies from £75,312 for a single bedroom to £98,179 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £107,500. To sum up the asking prices for properties in Mitchell Road, Sheffield, S8 it comes to around average £84,250 for 1 bedroom property, £137,419 for 2 bedroom, £174,231 for 3 bedroom, £266,348 for 4 bedroom and £456,250 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £451 for 1 bedroom to £623 for 2 bedroom, £625 for 3 bedroom and £891 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £492 and £724 for 3 bedroom. You should be generally be expecting around average £430 rent per month for single bedroom property, £590 for 2 bedroom, £630 for 3 bedroom and approximately £890 for 4 bedroom property in Mitchell Road, Sheffield, S8 area.

Popular Houses in Mitchell Road, Sheffield, S8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Mitchell Road, Sheffield, S8