Apartment 5, The Tramsheds 42
Apartment 5, The Tramsheds 42
Description & Estimates
Public records show Apartment 5, The Tramsheds 42, Sheffield to be a modern leasehold apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Apartment 5, The Tramsheds 42, Sheffield has an estimated sale value of £134,282 and an estimated rental value of £837 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Tramsheds, Albert Road, Sheffield, S8.
Albert Road, Sheffield, S8 lies in the borough of Sheffield, within the S8 postal district.
Our Data Sources
Apartment 5, The Tramsheds 42, Sheffield has a single entry in the Land Registry from October 2010 and a single entry in the EPC database dated May 2022.
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
In very good condition, we estimate Apartment 5, The Tramsheds 42, Sheffield would be worth £140,996, with a potential rental value of £879 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £124,882, with a rental value of £778 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 5, The Tramsheds 42, Sheffield has moved up by £1,326 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £21 (2.5%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Apartment 5, The Tramsheds 42, Sheffield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
Sold Prices
Apartment 5, The Tramsheds 42, Sheffield last changed hands on 7th October 2010, selling for £115,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.6% since October 2010.
- Sold Oct 2010£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of Apartment 5, The Tramsheds 42, Sheffield across the last 2 years.
Most recently, Apartment 15, Victoria Park 4, Valley Road, Sheffield, S8 9FY, a leasehold flat, sold at £105,000 on the 21st October 2024.
Read more about house prices in S8.
- Sold Oct 2024£105,000 | 2 Bed FlatVictoria Park 4, Valley RoadApartment 15, Victoria Park 4, Valley Road, Sheffield, S8 9FY
- Sold Dec 2022£120,000 | 2 Bed FlatVictoria Park 4, Valley RoadApartment 27, Victoria Park 4, Valley Road, Sheffield, S8 9FY
- Sold Sep 2022£120,000 | 2 Bed FlatThe Tramsheds 42, Albert RoadApartment 14, The Tramsheds 42, Albert Road, Sheffield, S8 9AD
•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 5, The Tramsheds 42, Sheffield as the 225th largest and the 204th most expensive of the 279 addresses on Albert Road, Sheffield, S8.
Against the S8 postcode district average, it is £85k less expensive than the typical property.
More reading links
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
Sheffield station is the nearest stop to Apartment 5, The Tramsheds 42, Sheffield at 2.3 kilometres away.
- 2.3kmSheffield
- 4.4kmDore & Totley
- 4.9kmDarnall
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 very low risk of flooding.
