Apartment 8, Rialto 1
Apartment 8, Rialto 1
Description & Estimates
Apartment 8, Rialto 1, Sheffield is recorded publicly as a modern leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 8, Rialto 1, Sheffield is £152,128 and its rental estimate is £896 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 8, Rialto 1, Sheffield has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated February 2024.
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 8, Rialto 1, Sheffield, we estimate a market value of £159,734 and a rental value of £940 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £141,479 and £833 per month respectively.
Recent Market Change
Over the last year, Apartment 8, Rialto 1, Sheffield has seen its estimated sale value drop by £139 (0.1%) and its estimated rental value rise by £23 per month (2.6%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Apartment 8, Rialto 1, Sheffield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Apartment 8, Rialto 1, Sheffield completed on 1st July 2024 at £177,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 20.4% over the period since July 2024.
- Sold Jul 2024£177,500
- Sold Aug 2012£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 8, 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 19th July 2024, was Apartment 41, Millau 2, Kelham Island, Sheffield, S3 8RD, a leasehold flat which sold for £132,000.
Read more about house prices in S3.
- Sold Jul 2024£132,000 | 2 Bed FlatMillau 2, Kelham IslandApartment 41, Millau 2, Kelham Island, Sheffield, S3 8RD
- Sold Oct 2023£160,000 | 2 Bed FlatMillau 2, Kelham IslandApartment 63, Millau 2, Kelham Island, Sheffield, S3 8RN
- Sold Aug 2023£145,000 | 1 Bed FlatRialto 1, Kelham SquareApartment 9, Rialto 1, Kelham Square, Sheffield, S3 8SD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 35 addresses on Kelham Square, Sheffield, S3, Apartment 8, Rialto 1, Sheffield comes out as the 31st largest and the 31st most expensive in our analysis of the public data.
It is also £26k 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 8, 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.
