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House Prices in S2

The average house price in S2 (Sheffield) is £165,586 using HM Land Registry data.

The average property price increased by £81,704 (25.43%) over the last 5 years and increased by £16,334 (3.85%) over the last 12 months.

Over the last year, there were 271 residential property sales – a decrease of 196 transactions (-72.32%) relative to the previous year. The majority of house sales (58) were in the £122,000 - £154,000 range. Then came properties in the £154,000 - £186,000 range, where 58 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,761 (-2%).

In June 2024, there were 52 new estate agency instructions, 38 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in S2 (Sheffield)

25.43%

Property prices in Sheffield increased by 25.43% 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 S2 (Sheffield) Over the Last Year

3.85%

Property prices in Sheffield increased by 3.85% 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.

Property Market Heat Gauge for S2 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 S2 (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 S2 (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 S2 (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 S2 (Sheffield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the S2 postcode area since 1995.

Recent Sales in S2 (Sheffield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
36 Beaumont Crescent, Sheffield, South Yorkshire, S2 1SA	£175,000	£173,000	-£2,000	01 Feb 2024	10 May 2024	99 Days
2 Rubens Row, Sheffield, South Yorkshire, S2 5JJ	£120,000	£115,000	-£5,000	28 Nov 2023	10 May 2024	164 Days
61 Tylney Road, Sheffield, South Yorkshire, S2 2RX	£220,000	£204,000	-£16,000	31 Jul 2023	10 Apr 2024	254 Days
464 East Bank Road, Sheffield, South Yorkshire, S2 2AF	£150,000	£150,000	£00	25 Oct 2023	08 Mar 2024	135 Days
80 Park Grange Mount, Sheffield, South Yorkshire, S2 3SQ	£175,000	£170,000	-£5,000	24 Mar 2023	07 Mar 2024	349 Days
88 Manor Lane, Sheffield, South Yorkshire, S2 1UF	£125,000	£115,000	-£10,000	05 Oct 2023	27 Feb 2024	145 Days
169 Gleadless Road, Sheffield, South Yorkshire, S2 3AE	£250,000	£250,000	£00	07 Nov 2023	26 Feb 2024	111 Days
50 Madehurst Road, Sheffield, South Yorkshire, S2 3PH	£130,000	£120,000	-£10,000	10 Nov 2023	22 Feb 2024	104 Days
5 Wulfric Road, Sheffield, South Yorkshire, S2 1GS	£130,000	£125,000	-£5,000	22 Sep 2023	05 Feb 2024	136 Days
32 Park Grange Croft, Sheffield, South Yorkshire, S2 3QL	£120,000	£110,000	-£10,000	09 May 2023	02 Feb 2024	269 Days
403 Gleadless Road, Sheffield, South Yorkshire, S2 3AR	£180,000	£180,000	£00	17 Mar 2023	18 Dec 2023	276 Days
269 Gleadless Road, Sheffield, South Yorkshire, S2 3AL	£200,000	£190,000	-£10,000	22 Jul 2023	18 Dec 2023	149 Days
33 Skye Edge Road, Sheffield, South Yorkshire, S2 5HA	£110,000	£109,000	-£1,000	20 Jan 2023	15 Dec 2023	329 Days
17 Moffatt Road, Sheffield, South Yorkshire, S2 3GP	£260,000	£250,000	-£10,000	29 Jun 2023	08 Dec 2023	162 Days
43 Raleigh Road, Sheffield, South Yorkshire, S2 3AZ	£250,000	£240,500	-£9,500	08 Aug 2023	04 Dec 2023	118 Days
112 Wulfric Road, Sheffield, South Yorkshire, S2 1GW	£140,000	£138,000	-£2,000	22 May 2023	01 Dec 2023	193 Days
409 Gleadless Road, Sheffield, South Yorkshire, S2 3AR	£170,000	£165,000	-£5,000	30 Mar 2023	01 Dec 2023	246 Days
89 Beeches Bank, Sheffield, South Yorkshire, S2 3RL	£120,000	£117,500	-£2,500	12 May 2023	27 Nov 2023	199 Days
109 Duke Street, Sheffield, South Yorkshire, S2 5QL	£100,000	£100,000	£00	01 Feb 2023	17 Nov 2023	289 Days
206 Queen Mary Road, Sheffield, South Yorkshire, S2 1JJ	£140,000	£140,000	£00	16 Jun 2023	10 Nov 2023	147 Days

Most Expensive Streets in S2 (Sheffield)

Postcode	Street	Area	Average	No. of Sales
S2 3QS	Park Spring Drive	Sheffield	£285,250	6
S2 3RE	Frank Wright Close	Sheffield	£283,370	8
S2 3AD	Midhill Crescent	Sheffield	£280,600	10
S2 2SR	Glencoe Road	Sheffield	£279,926	6
S2 2RB	Norfolk Park Avenue	Sheffield	£264,157	7
S2 3AW	Northcote Avenue	Sheffield	£250,800	4
S2 3BE	Midhill Crescent	Sheffield	£249,100	5
S2 3BF	Beeches Drive	Sheffield	£246,828	7
S2 2RE	Holdings Road	Sheffield	£240,000	9
S2 3GP	Moffatt Road	Sheffield	£237,400	5

Least Expensive Streets in S2 (Sheffield)

Postcode	Street	Area	Average	No. of Sales
S2 4AN	St Marys Road	Sheffield	£70,666	3
S2 5GD	Plover Court	Sheffield	£78,870	3
S2 5JH	High Pavement Row	Sheffield	£83,250	4
S2 4FS	Priestley Street	Sheffield	£88,638	4
S2 4ST	Cherry Street	Sheffield	£89,062	4
S2 1JG	Fitzhubert Road	Sheffield	£89,187	8
S2 2EN	Cawdor Road	Sheffield	£89,500	3
S2 2GW	Fellbrigg Road	Sheffield	£89,887	4
S2 2PJ	Guildford Avenue	Sheffield	£91,000	4
S2 5PE	Bard Street	Sheffield	£95,500	4