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The average property value in Sheffield is £225,463 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Sheffield grew by £19,972. Compare house prices by area
Average property prices in Sheffield grew by 9.7% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.1% per year.
If prices in Sheffield continue to rise by 4.1% a year, the average property price will be £264,500 in 2025.
There were 6,176 property sales in Sheffield in the year ending June 2021, a decrease of 53 when compared to the previous year.
The average price for a house in Sheffield ranges from £179,169 for a terraced house to £390,722 for a detached house, with semi-detached in between costing on average £218,371.
The average price for a flat or maisonette in Sheffield is £138,635.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Sheffield, terraced house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 47.9% from £264,137 to £390,722, semi-detached house prices have risen 46.4% from £149,206 to £218,371, terraced house prices have risen 60.2% from £111,807 to £179,169, and flat prices have risen 11.4% from £124,427 to £138,635.
The most common type of property sold in Sheffield during the year ending June 2021 was semi-detached houses, which accounted for 36.9% of properties.
The least commonly available type of property sold in Sheffield were flats, which account for 13.1% of properties sold.
Of the properties sold in Sheffield during 2021, 0.8% were new build properties.
The average price paid for a new build property in Sheffield was £41,927 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (87% of new build properties sold). For existing properties, the most common type is semi-detached houses (38% of existing properties sold).
Rental Market of Sheffield
Sheffield Crime
Sheffield population
The most common price band for property sales in Sheffield is £100k - £150k, which accounted for 14.9% of properties sold in 2021.
0.2% of properties in Sheffield had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Sheffield were in the under £50k price bracket, accounting for 0.3% of sales.
Rank | Area | Average property price | YoY change in price |
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Rank | Area | Average Property Price | YoY CHANGE in PRICE |
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics