According to the public record, 58, Machon Bank, Sheffield is a period leasehold house with 1,485 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Machon Bank, Sheffield, S7 is located in the borough of Sheffield within the S7 postal district.
58, Machon Bank, Sheffield has 21 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated January 2014.
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 58 Machon Bank Sheffield as £328,179 and the rental value as £1,829 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 58 Machon Bank Sheffield has increased by £19,379 (5.9%) and its rental value has increased by £42 per month (2.3%).
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 58, Machon Bank, Sheffield is in very good condition we estimate a sale value of £344,588 and rental value of £1,921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,207 and a rental value of £1,701 per month.
If you were able to purchase this property for the estimated value of £328,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,613 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, 58, Machon Bank, Sheffield was last sold on 27 Jul 2018 for £280,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Machon Bank, Sheffield within a radius of 450 metres over the last 2 years.
The most recent example is 45, Woodstock Road, Sheffield, S7 1HA, a Freehold house which sold for £307,500 in Dec 2021.
Read more about house prices in S7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Machon Bank, Sheffield, S7 has a total of 107 addresses. According to our analysis of all the public data, 58, Machon Bank, Sheffield is the 46th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in S7.
58, Machon Bank, Sheffield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 58, Machon Bank, Sheffield is Sheffield station which is 2.6 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 58, Machon Bank, Sheffield, 34.4% of property is privately owned with a mortgage and 32.8% 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 58, Machon Bank, Sheffield, 23.7% of residents are recorded as possessing school level qualifications and 37.2% 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 58, Machon Bank, 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 58, Machon Bank, Sheffield, 0.2% 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 58, Machon Bank, Sheffield, there are an average of 1.3 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.