According to the public record, Apartment 2, Gillfield House 1, Sheffield is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gillfield House, Elm Gardens, Sheffield, S10.
Elm Gardens, Sheffield, S10 is located in the borough of Sheffield within the S10 postal district.
Apartment 2, Gillfield House 1, Sheffield has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated April 2017.
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 Apartment 2 Gillfield House 1 Sheffield as £227,194 and the rental value as £1,218 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Apartment 2 Gillfield House 1 Sheffield has increased by £18,418 (8.1%) and its rental value has increased by £40 per month (3.3%).
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 Apartment 2, Gillfield House 1, Sheffield is in very good condition we estimate a sale value of £238,554 and rental value of £1,279 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,290 and a rental value of £1,132 per month.
If you were able to purchase this property for the estimated value of £227,194, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,117 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, Apartment 2, Gillfield House 1, Sheffield was last sold on 07 Jul 2017 for £169,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has risen 25.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, Gillfield House 1, Sheffield within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, 10, Hawthorne Mews, Sheffield, S10 5AD, a Leasehold flat which sold for £230,000 in Mar 2023.
Read more about house prices in S10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Gardens, Sheffield, S10 has a total of 41 addresses. According to our analysis of all the public data, Apartment 2, Gillfield House 1, Sheffield is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in S10.
Apartment 2, Gillfield House 1, Sheffield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Apartment 2, Gillfield House 1, Sheffield is Sheffield station which is 2.8 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 Apartment 2, Gillfield House 1, Sheffield, 35.1% of property is privately rented and 27.6% 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 Apartment 2, Gillfield House 1, Sheffield, 27.4% of residents are recorded as possessing school level qualifications and 60.8% 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 Apartment 2, Gillfield House 1, Sheffield, the average age was 31.9 and the most common age was 22.
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 Apartment 2, Gillfield House 1, Sheffield, 1.6% 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 Apartment 2, Gillfield House 1, Sheffield, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.