Apartment 7, Rialto 1
Apartment 7, Rialto 1
Description & Estimates
Apartment 7, Rialto 1, Sheffield is recorded publicly as a modern leasehold apartment across 742 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 7, Rialto 1, Sheffield is £183,802 and its rental estimate is £1,015 per month, given the available information and assuming reasonable condition.
Rialto, Kelham Square is a residential building on Kelham Square, Sheffield, S3 and falls within the S3 postal district and the borough of Sheffield.
Our Data Sources
Apartment 7, Rialto 1, Sheffield has 3 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated June 2019.
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
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 7, Rialto 1, Sheffield, we estimate a market value of £192,992 and a rental value of £1,066 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,935 and £944 per month respectively.
Recent Market Change
Over the last year, Apartment 7, Rialto 1, Sheffield has seen its estimated sale value decline by £167 (0.1%) and its estimated rental value climb by £26 per month (2.6%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Apartment 7, Rialto 1, Sheffield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Apartment 7, Rialto 1, Sheffield completed on 22nd December 2022 at £200,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 24.0% over the period since December 2022.
- Sold Dec 2022£200,000
- Sold Apr 2015£140,000
- Sold Mar 2013£97,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 7, Rialto 1, Sheffield have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th April 2024, was Apartment 23, Rialto 1, Kelham Square, Sheffield, S3 8SD, a leasehold flat which sold for £190,000.
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
Of the 35 addresses on Kelham Square, Sheffield, S3, Apartment 7, Rialto 1, Sheffield comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £57k more expensive than the average property across the S3 district.
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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
From Apartment 7, Rialto 1, Sheffield, the nearest station is Sheffield, 1.3 kilometres away.
- 1.3kmSheffield
- 4.1kmDarnall
- 4.9kmMeadowhall
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 high, based on Environment Agency data.
