According to the public record, 2, Union Drive, Sheffield is a modern leasehold apartment with 1,337 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Union Drive, Sheffield, S11 is located in the borough of Sheffield within the S11 postal district.
2, Union Drive, Sheffield has 41 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Union Drive Sheffield as £334,565 and the rental value as £1,459 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 2 Union Drive Sheffield has increased by £25,545 (7.6%) and its rental value has increased by £67 per month (4.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Union Drive, Sheffield is in very good condition we estimate a sale value of £351,294 and rental value of £1,532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,146 and a rental value of £1,357 per month.
If you were able to purchase this property for the estimated value of £334,565, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,644 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 2, Union Drive, Sheffield was last sold on 26 May 2023 for £497,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2023, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Union Drive, Sheffield within a radius of 580 metres over the last 2 years.
The most recent example is 51, Osborne Mews, Sheffield, S11 9EG, a Leasehold flat which sold for £292,000 in Mar 2024.
Read more about house prices in S11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Drive, Sheffield, S11 has a total of 19 addresses. According to our analysis of all the public data, 2, Union Drive, Sheffield is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in S11.
2, Union Drive, Sheffield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Union Drive, Sheffield is Sheffield station which is 2.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Union Drive, Sheffield, 36.6% of property is privately owned outright and 29.1% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Union Drive, Sheffield, 11.3% of residents are recorded as possessing school level qualifications and 67.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Union Drive, Sheffield, the average age was 38.7 and the most common age was 32.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Union Drive, Sheffield, 0.7% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Union Drive, Sheffield, there are an average of 1.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.