According to the public record, 8, Merlin Way, Sheffield is a early-century freehold house with 1,065 ft2 of internal area and sits on a 332 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Merlin Way, Sheffield, S5 is located in the borough of Sheffield within the S5 postal district.
8, Merlin Way, Sheffield has a single entry in the Land Registry database from May 2022 and a single entry in the EPC database dated October 2021.
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 8 Merlin Way Sheffield as £133,286 and the rental value as £760 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 Merlin Way Sheffield has increased by £5,829 (4.4%) 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 8, Merlin Way, Sheffield is in very good condition we estimate a sale value of £139,950 and rental value of £798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,956 and a rental value of £707 per month.
If you were able to purchase this property for the estimated value of £133,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £655 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, 8, Merlin Way, Sheffield sits on a plot of 332m2.
We have plot size data on 7 out of 22 other houses in the postcode and 8, Merlin Way, Sheffield sits on the largest plot.
According to HM Land Registry, 8, Merlin Way, Sheffield was last sold on 09 May 2022 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Merlin Way, Sheffield within a radius of 520 metres over the last 2 years.
The most recent example is 75, Hucklow Road, Sheffield, S5 6TB, a Freehold house which sold for £130,000 in Apr 2024.
Read more about house prices in S5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Way, Sheffield, S5 has a total of 44 addresses. According to our analysis of all the public data, 8, Merlin Way, Sheffield is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £698 less expensive than the average property in S5.
8, Merlin Way, Sheffield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Oct 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Merlin Way, Sheffield is Meadowhall 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 8, Merlin Way, Sheffield, 45.0% of property is socially rented and 20.2% 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 8, Merlin Way, Sheffield, 36.1% of residents are recorded as possessing school level qualifications and 21.4% 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 8, Merlin Way, Sheffield, the average age was 37 and the most common age was 17.
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 8, Merlin 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 8, Merlin Way, Sheffield, there are an average of 0.7 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.