According to the public record, 562, Richmond Road, Sheffield is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 682 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Richmond Road, Sheffield, S13 is located in the borough of Sheffield within the S13 postal district.
562, Richmond Road, Sheffield has 2 entries in the Land Registry database, most recently in July 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 562 Richmond Road Sheffield as £113,854 and the rental value as £804 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 562 Richmond Road Sheffield has increased by £7,681 (6.7%) and its rental value has increased by £29 per month (3.7%).
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 562, Richmond Road, Sheffield is in very good condition we estimate a sale value of £119,547 and rental value of £845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,884 and a rental value of £748 per month.
If you were able to purchase this property for the estimated value of £113,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £560 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, 562, Richmond Road, Sheffield was last sold on 23 Jul 2010 for £93,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2010, the market for similar properties has risen 54.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 562, Richmond Road, Sheffield within a radius of 510 metres over the last 2 years.
The most recent example is 570, Richmond Road, Sheffield, S13 8NB, a Leasehold flat which sold for £95,000 in Mar 2021.
Read more about house prices in S13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Sheffield, S13 has a total of 372 addresses. According to our analysis of all the public data, 562, Richmond Road, Sheffield is the 272nd largest and the 300th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in S13.
The closest station to 562, Richmond Road, Sheffield is Darnall station which is 2.4 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 562, Richmond Road, Sheffield, 45.6% of property is privately owned with a mortgage and 42.1% 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 562, Richmond Road, Sheffield, 12.4% of residents are recorded as possessing school level qualifications and 21.3% 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 562, Richmond Road, Sheffield, the average age was 43.8 and the most common age was 52.
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 562, Richmond Road, 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 562, Richmond Road, Sheffield, there are an average of 1.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.