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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 2, 56, Bank Street, Sheffield is described in the public record as a modern apartment with 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 56, Bank Street, Sheffield is £169,673 and its rental estimate is £931 per month, given the available information and assuming reasonable condition.
56, Bank Street is a residential building on Bank Street, Sheffield, S1 and falls within the S1 postal district and the borough of Sheffield.
Flat 2, 56, Bank Street, Sheffield has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
We combine this information with public data 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.
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 Flat 2, 56, Bank Street, Sheffield, we estimate a market value of £178,157 and a rental value of £978 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £157,796 and £866 per month respectively.
Over the last year, Flat 2, 56, Bank Street, Sheffield has seen its estimated sale value drop by £1,066 (0.6%) and its estimated rental value rise by £23 per month (2.4%). This results in an estimated gross rental yield of 6.6%.
Flat 2, 56, Bank Street, Sheffield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Over the past 2 years 3 properties similar to Flat 2, 56, Bank Street, Sheffield have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th July 2023, was Flat 13, 56, Bank Street, Sheffield, S1 2PH, a leasehold flat which sold for £175,385.
Read more about house prices in S1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 95 addresses on Bank Street, Sheffield, S1, Flat 2, 56, Bank Street, Sheffield comes out as the 71st largest and the 70th most expensive in our analysis of the public data.
It is also £43k more expensive than the average property across the S1 district.
From Flat 2, 56, Bank Street, Sheffield, the nearest station is Sheffield, 800 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 56, Bank Street, Sheffield, % of property is and % is .
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 56, Bank Street, Sheffield, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 56, Bank Street, Sheffield, 0.0% of property was a second home.
Comparison figures for Yorkshire and The Humber and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 56, Bank Street, Sheffield, there are an average of 0.0 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.
