Apartment 3, The Tramsheds 42
Apartment 3, The Tramsheds 42
Description & Estimates
Apartment 3, The Tramsheds 42, Sheffield is recorded publicly as a modern leasehold apartment across 605 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Apartment 3, The Tramsheds 42, Sheffield is £145,833 and its rental estimate is £911 per month, given the available information and assuming reasonable condition.
The Tramsheds, Albert Road is a residential building on Albert Road, Sheffield, S8 and falls within the S8 postal district and the borough of Sheffield.
Our Data Sources
Apartment 3, The Tramsheds 42, Sheffield has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated September 2018.
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 Apartment 3, The Tramsheds 42, Sheffield, we estimate a market value of £153,125 and a rental value of £957 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £135,625 and £848 per month respectively.
Recent Market Change
Over the last year, Apartment 3, The Tramsheds 42, Sheffield has seen its estimated sale value climb by £1,440 (1.0%) and its estimated rental value rise by £23 per month (2.5%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
Apartment 3, The Tramsheds 42, Sheffield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
The most recent sale of Apartment 3, The Tramsheds 42, Sheffield completed on 25th September 2015 at £105,000 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 risen by 9.2% over the period since September 2015.
- Sold Sep 2015£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 3, The Tramsheds 42, Sheffield have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2023, was Apartment 12, Victoria Park 4, Valley Road, Sheffield, S8 9FY, a leasehold flat which sold for £122,500.
Read more about house prices in S8.
- Sold Nov 2023£122,500 | 2 Bed FlatVictoria Park 4, Valley RoadApartment 12, Victoria Park 4, Valley Road, Sheffield, S8 9FY
- Sold Sep 2023£135,000 | 2 Bed FlatVictoria Park 4, Valley RoadApartment 10, Victoria Park 4, Valley Road, Sheffield, S8 9FY
- Sold Nov 2022£124,000 | 2 Bed FlatVictoria Park 4, Valley RoadApartment 1, Victoria Park 4, Valley Road, Sheffield, S8 9FY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 279 addresses on Albert Road, Sheffield, S8, Apartment 3, The Tramsheds 42, Sheffield comes out as the 197th largest and the 171st most expensive in our analysis of the public data.
It is also £74k less expensive than the average property across the S8 district.
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Schools Nearby
- 500mAnns Grove Primary School
- 600mNether Edge Primary School
- 600mMeersbrook Bank Primary School
- 1.5kmNewfield Secondary School
- 1.6kmMercia School
- 1.9kmUTC Sheffield City Centre
More reading links
Public Transport Nearby
From Apartment 3, The Tramsheds 42, Sheffield, the nearest station is Sheffield, 2.3 kilometres away.
- 2.3kmSheffield
- 4.4kmDore & Totley
- 4.9kmDarnall
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
