Apartment 8, The Tramsheds 42
Apartment 8, The Tramsheds 42
Description & Estimates
According to the public record, Apartment 8, The Tramsheds 42, Sheffield is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 8, The Tramsheds 42, Sheffield is £135,545 and the estimated rental value is £845 per month.
The apartment is within The Tramsheds, Albert Road, Sheffield, S8.
Albert Road, Sheffield, S8 is located in the borough of Sheffield within the S8 postal district.
Our Data Sources
Apartment 8, The Tramsheds 42, Sheffield has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated December 2021.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Apartment 8, The Tramsheds 42, Sheffield is in very good condition we estimate a sale value of £142,322 and a rental value of £887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,057 and a rental value of £786 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 8, The Tramsheds 42, Sheffield has climbed by £1,338 (1.0%), while its estimated rental value has risen by £21 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
Apartment 8, The Tramsheds 42, Sheffield has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Apartment 8, The Tramsheds 42, Sheffield was last sold on 4th March 2022 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has dropped by 14.2%.
- Sold Mar 2022£120,000
- Sold Oct 2010£107,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 8, The Tramsheds 42, Sheffield within a radius of 510 metres over the last 2 years.
The most recent example is Apartment 15, Victoria Park 4, Valley Road, Sheffield, S8 9FY, a leasehold flat which sold for £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.
More reading links
Location Comparison
Albert Road, Sheffield, S8 has a total of 279 addresses. According to our analysis of all the public data, Apartment 8, The Tramsheds 42, Sheffield is the 222nd largest and the 200th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in S8.
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
The closest station to Apartment 8, The Tramsheds 42, Sheffield is Sheffield station, which is 2.3 kilometres away.
- 2.3kmSheffield
- 4.4kmDore & Totley
- 4.9kmDarnall
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
