According to the public record, 40, Merton Lane, Sheffield is a mid-century house with 871 ft2 of internal area and sits on a 3,940 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merton Lane, Sheffield, S9 is located in the borough of Sheffield within the S9 postal district.
40, Merton Lane, Sheffield has no records in the Land Registry database and a single entry in the EPC database dated August 2014.
We combine this information with public data 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 40 Merton Lane Sheffield as £163,766 and the rental value as £799 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 40 Merton Lane Sheffield has increased by £6,556 (4.0%) and its rental value has decreased by £0 per month (0.0%).
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 40, Merton Lane, Sheffield is in very good condition we estimate a sale value of £171,954 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,302 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £163,766, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £805 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 data from HM Land Registry, 40, Merton Lane, Sheffield sits on a plot of 3940m2.
We have plot size data on 28 out of 36 other houses in the postcode and 40, Merton Lane, Sheffield sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Merton Lane, Sheffield within a radius of 750 metres over the last 2 years.
The most recent example is 47, Barkby Road, Sheffield, S9 1JX, a Freehold house which sold for £135,000 in May 2022.
Read more about house prices in S9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merton Lane, Sheffield, S9 has a total of 52 addresses. According to our analysis of all the public data, 40, Merton Lane, Sheffield is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in S9.
40, Merton Lane, Sheffield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Merton Lane, Sheffield is Meadowhall station which is 700 metres 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 40, Merton Lane, Sheffield, 35.6% of property is privately owned with a mortgage and 34.2% is privately owned outright.
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 40, Merton Lane, Sheffield, 21.4% of residents are recorded as possessing school level qualifications and 23.6% 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 40, Merton Lane, Sheffield, the average age was 39.8 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 40, Merton Lane, Sheffield, 0.0% 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 40, Merton Lane, 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.