Property Data OutlookSheffield
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Sheffield
Key indicators for buyers
The Sheffield market looks favourable for buyers. Affordability has improved from a peak of 6.5x in 2023 to 5.9x today. Rising rents (£920/mo, +4.9%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Sheffield costs 5.9x the local median salary — moderate, improving from a peak of 6.5x in 2023.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Sheffield is £920, up 4.9% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Sheffield price of £219,867 with a 25% deposit (£55k), a 2-year fixed mortgage at 3.97% costs around £868 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£868) are £52 less than renting (£920). However, buying requires an upfront deposit of £55k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
95, DALEWOOD ROAD S8 0EE | Semi-detached | £386,500 | 28 Jan 2026 |
44, THE GREENWAY, CARR ROAD, DEEPCAR S36 2UA | Flat/Maisonette | £51,000 | 28 Jan 2026 |
3, OAK LODGE ROAD, HIGH GREEN S35 4QA | Semi-detached | £290,000 | 27 Jan 2026 |
9, STUMPERLOWE MANSIONS, STUMPERLOWE LANE S10 3QQ | Flat/Maisonette | £55,000 | 26 Jan 2026 |
9, COLLEGE CLOSE S4 7FL | Semi-detached | £155,000 | 26 Jan 2026 |
19, OAKLAND ROAD S6 4LR | Terraced | £245,000 | 23 Jan 2026 |
15, BELGRAVE SQUARE S2 4UN | Terraced |
Explore postcodes in Sheffield
18postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.