2, Bank Terrace
2, Bank Terrace
Description & Estimates
2, Bank Terrace, Sheffield appears in the public record as a leasehold house.
By comparing it to nearby properties, we estimate it to be a period house with 627 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 2, Bank Terrace, Sheffield is £289,253 and its rental estimate is £893 per month, given the available information and assuming reasonable condition.
Bank Terrace, Sheffield, S10 falls within the S10 postal district, in the borough of Sheffield.
Our Data Sources
2, Bank Terrace, Sheffield has a single entry in the Land Registry from June 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Bank Terrace, Sheffield, we estimate a market value of £303,716 and a rental value of £938 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £269,005 and £831 per month respectively.
Recent Market Change
Over the last year, 2, Bank Terrace, Sheffield has seen its estimated sale value move up by £3,198 (1.1%) and its estimated rental value increase by £29 per month (3.2%). This results in an estimated gross rental yield of 3.7%.
Sold Prices
The most recent sale of 2, Bank Terrace, Sheffield completed on 11th June 2012 at £132,250 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 74.8% over the period since June 2012.
- Sold Jun 2012£132,250
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Bank Terrace, Sheffield have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2021, was 1, Top Terrace, Sheffield, S10 1BS, a leasehold house which sold for £210,000.
Read more about house prices in S10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 8 addresses on Bank Terrace, Sheffield, S10, 2, Bank Terrace, Sheffield comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £101k less expensive than the average property across the S10 district.
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Schools Nearby
- 200mBroomhill Infant School
- 800mWestways Primary School
- 1.1kmLydgate Infant School
- 400mKing Edward VII School
- 1.4kmNotre Dame High School
- 1.5kmTapton School & Sixth Form
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Public Transport Nearby
From 2, Bank Terrace, Sheffield, the nearest station is Sheffield, 2.5 kilometres away.
- 2.5kmSheffield
- 5.8kmDore & Totley
- 5.9kmDarnall
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
