Market outlook for S6
Key indicators for buyers
The S6 market looks favourable for buyers. Prices have softened (-13.0%), which could present a buying opportunity. 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
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Sheffield area
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
Rental data shown for wider Sheffield area
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 £212,620 with a 25% deposit (£53k), a 2-year fixed mortgage at 3.97% costs around £839 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses S6 avg. price with Sheffield rental data
Monthly mortgage payments (£839) are £81 less than renting (£920). However, buying requires an upfront deposit of £53k — 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 |
|---|---|---|---|
19, OAKLAND ROAD S6 4LR | Terraced | £245,000 | 23 Jan 2026 |
5, RIPPON CRESCENT S6 4RG | Semi-detached | £265,000 | 23 Jan 2026 |
49, BLAKE STREET S6 3JQ | Terraced | £246,250 | 23 Jan 2026 |
10, HADEN STREET S6 4LB | Terraced | £152,500 | 19 Jan 2026 |
19, BOYCE STREET S6 3JS | Terraced | £240,000 | 16 Jan 2026 |
375, HALIFAX ROAD S6 1AF | Semi-detached | £155,000 | 16 Jan 2026 |
211, MIDDLEWOOD ROAD S6 4HD | Terraced | £101,000 |
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.