51, Merton Lane
51, Merton Lane
Description & Estimates
51, Merton Lane, Sheffield is recorded publicly as a modern leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 51, Merton Lane, Sheffield is £147,580 and its rental estimate is £856 per month, given the available information and assuming reasonable condition.
Merton Lane, Sheffield, S9 falls within the S9 postal district, in the borough of Sheffield.
Our Data Sources
51, Merton Lane, Sheffield has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 51, Merton Lane, Sheffield, we estimate a market value of £154,959 and a rental value of £898 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,249 and £796 per month respectively.
Recent Market Change
Over the last year, 51, Merton Lane, Sheffield has seen its estimated sale value climb by £1,633 (1.1%) and its estimated rental value rise by £25 per month (2.9%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
51, Merton Lane, Sheffield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 51, Merton Lane, Sheffield completed on 31st May 2023 at £144,040 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 33.9% over the period since May 2023.
- Sold May 2023£144,040
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51, Merton Lane, Sheffield have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th July 2024, was 45, Merton Lane, Sheffield, S9 1NB, a leasehold flat which sold for £144,040.
Read more about house prices in S9.
- Sold Jul 2024£144,040 | 2 Bed Flat45, Merton Lane, Sheffield, S9 1NB45, Merton Lane, Sheffield, S9 1NB
- Sold May 2024£144,040 | 2 Bed Flat53, Merton Lane, Sheffield, S9 1NB53, Merton Lane, Sheffield, S9 1NB
- Sold May 2024£144,040 | 2 Bed Flat49, Merton Lane, Sheffield, S9 1NB49, Merton Lane, Sheffield, S9 1NB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 55 addresses on Merton Lane, Sheffield, S9, 51, Merton Lane, Sheffield comes out as the 46th largest and the 40th most expensive in our analysis of the public data.
It is also £15k more expensive than the average property across the S9 district.
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Schools Nearby
- 600mBrigantia Hill Fort Academy
- 1.0kmBlackburn Primary School
- 1.1kmLimpsfield Junior School
- 1.8kmLift Firth Park
- 2.0kmWinterhill School
- 2.4kmFir Vale Academy
More reading links
Public Transport Nearby
From 51, Merton Lane, Sheffield, the nearest station is Meadowhall, 700 metres away.
- 700mMeadowhall
- 4.1kmRotherham Central
- 4.6kmDarnall
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
