Average Price for property in Sheffield is around £176,208 which varies based on type of property you are interested in and ranges from £290,768 for detached house to around £162,132 for semi-detached. Similarly terraced house is around £126,694 and a flat is worth £134,480. Values have been changing and have risen £106 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,810 in last 6 months, £12,730 in last 1 year, £17,610 in last 2 years, £19,159 in last 3 years, £16,076 in last 4 years and £12,101 in last 5 years.
Currently average asking price of a property in Sheffield is around £216,026 based on approximately 6,757 properties for sale. Same is the case with rental options based on 1,080 properties up for rent, average asking rent is around £852 per month.
Estimated property value in Sheffield is £176,208. Average asking price is £216,026 while average price paid is £161,327 which is up by £12,730 and Avg. asking rent £852.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 Sheffield area. In last 1 year alone average price buyer paid is around £161,327 based on approximately 6,757 sales in Sheffield area alone. If you compare it to last 3 years sales of 19,816 properties where buyers paid around £156,155. 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 £154,634 for 31,461 and average amount paid for purchase of approx. 43,186 properties sold in last 7 years comes to about £153,546 per sale.