According to the public record, 56, Colwick Way, Sheffield is a modern freehold house and with 1,280 ft2 of internal area and sits on a 394 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Colwick Way, Sheffield, S8 is located in the borough of Sheffield within the S8 postal district.
56, Colwick Way, Sheffield has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated April 2019.
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 good condition, we estimate the current sale value for 56 Colwick Way Sheffield as £416,257 and the rental value as £1,622 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 56 Colwick Way Sheffield has increased by £18,178 (4.4%) and its rental value has increased by £23 per month (1.4%).
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 56, Colwick Way, Sheffield is in very good condition we estimate a sale value of £437,070 and rental value of £1,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,119 and a rental value of £1,508 per month.
If you were able to purchase this property for the estimated value of £416,257, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,046 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, 56, Colwick Way, Sheffield sits on a plot of 394m2.
We have plot size data on 32 out of 32 other houses in the postcode and 56, Colwick Way, Sheffield sits on the 6th largest plot.
According to HM Land Registry, 56, Colwick Way, Sheffield was last sold on 26 Apr 2019 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has risen 32.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Colwick Way, Sheffield within a radius of 103m over the last 2 years.
The most recent example is 6, Colwick Way, Sheffield, S8 8LT, a Freehold house which sold for £430,000 in Jul 2023.
Read more about house prices in S8.
Colwick Way, Sheffield, S8 has a total of 92 addresses. According to our analysis of all the public data, 56, Colwick Way, Sheffield is the 18th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £196k more expensive than the average property in S8.
56, Colwick Way, Sheffield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Apr 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 56, Colwick Way, Sheffield is Dore & Totley station which is 3.5 km 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 56, Colwick Way, Sheffield, 41.6% of property is privately owned outright and 39.0% is privately owned with a mortgage.
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 56, Colwick Way, Sheffield, 14.1% of residents are recorded as possessing school level qualifications and 38.9% 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 56, Colwick Way, Sheffield, the average age was 45.7 and the most common age was 57.
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 56, Colwick Way, 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 56, Colwick Way, Sheffield, there are an average of 1.1 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.