According to the public record, Flat 51, Coode 7, Sheffield is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Coode, Millsands, Sheffield, S3.
Millsands, Sheffield, S3 is located in the borough of Sheffield within the S3 postal district.
Flat 51, Coode 7, Sheffield has 31 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated February 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 Flat 51 Coode 7 Sheffield as £122,892 and the rental value as £751 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 51 Coode 7 Sheffield has increased by £5,756 (4.7%) and its rental value has increased by £21 per month (2.8%).
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 51, Coode 7, Sheffield is in very good condition we estimate a sale value of £129,036 and rental value of £789 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,289 and a rental value of £699 per month.
If you were able to purchase this property for the estimated value of £122,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £604 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 51, Coode 7, Sheffield was last sold on 26 Oct 2021 for £122,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 51, Coode 7, Sheffield within a radius of 330 metres over the last 2 years.
The most recent example is Flat 76, Cracknell, Millsands, Sheffield, S3 8NE, a Leasehold flat which sold for £94,500 in Nov 2023.
Read more about house prices in S3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millsands, Sheffield, S3 has a total of 316 addresses. According to our analysis of all the public data, Flat 51, Coode 7, Sheffield is the 216th largest and the 240th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in S3.
Flat 51, Coode 7, Sheffield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 51, Coode 7, Sheffield is Sheffield station which is 1.0 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 Flat 51, Coode 7, Sheffield, 69.7% of property is privately rented and 14.6% 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 Flat 51, Coode 7, Sheffield, 11.4% of residents are recorded as possessing school level qualifications and 71.7% 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 51, Coode 7, 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 51, Coode 7, Sheffield, 1.1% 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 51, Coode 7, Sheffield, there are an average of 0.5 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.