Springfield Avenue, Sheffield, S7

Street Guide For Springfield Avenue, Sheffield, S7

 

Springfield Avenue, Sheffield, S7 Map

Estimated Price: £291,406
Average Asking Price: £211,717
Price change in last one year: £18,240
Average Price Paid: £254,955
Average Rent Rates: £660

 

Property Prices Breakdown in Springfield Avenue, Sheffield, S7

Average Price for property in Springfield Avenue, Sheffield, S7 is around £291,406 which varies based on type of property you are interested in and ranges from £308,691 for detached house to around £284,991 for semi-detached. Similarly terraced house is around £301,923. Values have been changing and have risen £381 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,565 in last 6 months, £18,240 in last 1 year, £23,743 in last 2 years, £27,583 in last 3 years, £19,782 in last 4 years and £19,464 in last 5 years.

Currently average asking price of a property in Springfield Avenue, Sheffield, S7 is around £211,717 based on approximately 1 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £660 per month.

Estimated property value in Springfield Avenue, Sheffield, S7 is £291,406. Average asking price is £211,717 while average price paid is £365,000 which is up by £18,240 and Avg. asking rent £660.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 Springfield Avenue, Sheffield, S7 area. In last 1 year alone average price buyer paid is around £365,000 based on approximately 1 sales in Springfield Avenue, Sheffield, S7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £258,990. 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 £254,955 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £252,045 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 2 bedroom is around £174,988, £172,533 for a 3 bedroom house, £285,250 for a 4 bedroom house and £340,619 for a 5 bedroom house. For a flat similarly the prices varies from £138,357 for a single bedroom to £180,044 for a 2 bedroom Flat. To sum up the asking prices for properties in Springfield Avenue, Sheffield, S7 it comes to around average £138,357 for 1 bedroom property, £178,488 for 2 bedroom, £172,533 for 3 bedroom, £285,250 for 4 bedroom and £340,619 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 £329 for 1 bedroom to £482 for 2 bedrooms, £789 for 3 bedrooms, £1,097 for 4 bedrooms and £906 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £673 and £550 for 4 bedroom. You should be generally be expecting around average £449 rent per month for single bedroom property, £610 for 2 bedroom, £789 for 3 bedroom, £1,019 for 4 bedroom and approximately £906 for a 5 bedroom property in Springfield Avenue, Sheffield, S7 area.

Popular Houses in Springfield Avenue, Sheffield, S7

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 Springfield Avenue, Sheffield, S7