Apartment 3, Rialto 1
Apartment 3, Rialto 1
Description & Estimates
Public records show Apartment 3, Rialto 1, Sheffield to be a modern leasehold apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Apartment 3, Rialto 1, Sheffield has an estimated sale value of £179,953 and an estimated rental value of £1,003 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rialto, Kelham Square, Sheffield, S3.
Kelham Square, Sheffield, S3 lies in the borough of Sheffield, within the S3 postal district.
Our Data Sources
Apartment 3, Rialto 1, Sheffield has 2 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Apartment 3, Rialto 1, Sheffield would be worth £188,951, with a potential rental value of £1,053 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £167,356, with a rental value of £933 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 3, Rialto 1, Sheffield has declined by £164 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £26 (2.6%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
Apartment 3, Rialto 1, Sheffield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Apartment 3, Rialto 1, Sheffield last changed hands on 18th October 2018, selling for £164,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 17.2% since October 2018.
- Sold Oct 2018£164,000
- Sold Aug 2012£135,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 320 metres of Apartment 3, Rialto 1, Sheffield across the last 2 years.
Most recently, Apartment 23, Rialto 1, Kelham Square, Sheffield, S3 8SD, a leasehold flat, sold at £190,000 on the 4th April 2024.
Read more about house prices in S3.
- Sold Apr 2024£190,000 | 2 Bed FlatRialto 1, Kelham SquareApartment 23, Rialto 1, Kelham Square, Sheffield, S3 8SD
- Sold Mar 2024£190,000 | 2 Bed FlatRialto 1, Kelham SquareApartment 22, Rialto 1, Kelham Square, Sheffield, S3 8SD
- Sold Jan 2024£212,000 | 2 Bed FlatRialto 1, Kelham SquareApartment 19, Rialto 1, Kelham Square, Sheffield, S3 8SD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Apartment 3, Rialto 1, Sheffield as the 7th largest and the 7th most expensive of the 35 addresses on Kelham Square, Sheffield, S3.
Against the S3 postcode district average, it is £53k more expensive than the typical property.
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Schools Nearby
- 600mPye Bank CofE Primary School
- 800mNetherthorpe Primary School
- 1.2kmByron Wood Primary Academy
- 1.6kmUTC Sheffield City Centre
- 2.0kmAll Saints' Catholic High School
- 2.2kmKing Edward VII School
More reading links
Public Transport Nearby
Sheffield station is the nearest stop to Apartment 3, Rialto 1, Sheffield at 1.3 kilometres away.
- 1.3kmSheffield
- 4.1kmDarnall
- 4.9kmMeadowhall
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a high risk of flooding.
