According to the public record, Flat 3, 54, Bank Street, Sheffield is a modern leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 54, Bank Street, Sheffield, S1.
Bank Street, Sheffield, S1 is located in the borough of Sheffield within the S1 postal district.
Flat 3, 54, Bank Street, Sheffield has a single entry in the Land Registry database from November 2008 and 2 entries in the EPC database, most recently in July 2024.
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 Flat 3 54 Bank Street Sheffield as £255,707 and the rental value as £922 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 3 54 Bank Street Sheffield has increased by £16,637 (6.5%) and its rental value has increased by £42 per month (4.5%).
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 Flat 3, 54, Bank Street, Sheffield is in very good condition we estimate a sale value of £268,493 and rental value of £968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,808 and a rental value of £857 per month.
If you were able to purchase this property for the estimated value of £255,707, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,257 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, Flat 3, 54, Bank Street, Sheffield was last sold on 11 Nov 2008 for £114,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2008, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 3, 54, Bank Street, Sheffield within a radius of 92m over the last 2 years.
The most recent example is Flat 1, George House 8, Bank Street, Sheffield, S1 2DS, a Leasehold flat which sold for £230,000 in May 2019.
Read more about house prices in S1.
Bank Street, Sheffield, S1 has a total of 92 addresses. According to our analysis of all the public data, Flat 3, 54, Bank Street, Sheffield is the 57th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in S1.
Flat 3, 54, Bank Street, Sheffield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 2024.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 54, Bank Street, Sheffield is Sheffield station which is 800 m 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 Flat 3, 54, Bank Street, Sheffield, 77.5% of property is privately rented and 10.8% 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 Flat 3, 54, Bank Street, Sheffield, 46.3% of residents are recorded as possessing school level qualifications and 51.9% 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 Flat 3, 54, Bank Street, Sheffield, the average age was 26.3 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 Flat 3, 54, Bank Street, 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 Flat 3, 54, Bank Street, Sheffield, there are an average of 0.4 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.