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The average property price paid in Sheffield is £225,560 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in Sheffield fell by £3,047. Compare house prices by area
Average property prices in Sheffield fell by 1.3% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 4.0% per year.
If prices in Sheffield continue to rise by 4.0% a year, the average property price will be £263,510 in 2025.
There were 5,160 property sales in Sheffield in the year ending June 2022, a decrease of 1,016 when compared to the previous year.
The average price for a house in Sheffield ranges from £184,696 for a terraced house to £413,654 for a detached house, with semi-detached in between costing on average £220,005.
The average price for a flat or maisonette in Sheffield is £150,906.
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 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 46.9% from £281,663 to £413,654, semi-detached house prices have risen 48.1% from £148,564 to £220,005, terraced house prices have risen 64.1% from £112,548 to £184,696, and flat prices have risen 31.5% from £114,734 to £150,906.
The most common type of property sold in Sheffield during the year ending June 2022 was semi-detached houses, which accounted for 38.3% of properties.
The least commonly available type of property sold in Sheffield were flats, which account for 14.0% of properties sold.
Of the properties sold in Sheffield during 2022, 0.7% were new build properties.
The average premium for a new build property in Sheffield was £26,638 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (74% of new build properties sold). For existing properties, the most common type is semi-detached houses (37% of existing properties sold).
Rental Market of Sheffield
Sheffield Crime
Sheffield population
The most common price band for property sales in Sheffield is £200k - £300k, which accounted for 19.4% of properties sold in 2022.
0.4% of properties in Sheffield had a price over £1 million. For comparison, in England, 1.7% of property sales were priced at over £1 million.
The cheapest properties in Sheffield were in the under £50k price bracket, accounting for 0.4% 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 2022. Data sources: ONS Local statistics