Ground Floor Flat, 228
Ground Floor Flat, 228
Description & Estimates
Ground Floor Flat, 228, Derbyshire Lane, Sheffield is described in the public record as a mid-century apartment with 404 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Ground Floor Flat, 228, Derbyshire Lane, Sheffield is £69,462 and its rental estimate is £492 per month, given the available information and assuming reasonable condition.
228, Derbyshire Lane is a residential building on Derbyshire Lane, Sheffield, S8 and falls within the S8 postal district and the borough of Sheffield.
Our Data Sources
Ground Floor Flat, 228, Derbyshire Lane, Sheffield has no records in the the Land Registry and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Ground Floor Flat, 228, Derbyshire Lane, Sheffield, we estimate a market value of £72,935 and a rental value of £517 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £64,599 and £458 per month respectively.
Recent Market Change
Over the last year, Ground Floor Flat, 228, Derbyshire Lane, Sheffield has seen its estimated sale value climb by £686 (1.0%) and its estimated rental value rise by £12 per month (2.5%). This results in an estimated gross rental yield of 8.5%.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 460 metres of Ground Floor Flat, 228, Derbyshire Lane, Sheffield, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2021, was 2, Cavill Road, Sheffield, S8 8RJ, a leasehold house which sold for £170,000.
Read more about house prices in S8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 292 addresses on Derbyshire Lane, Sheffield, S8, Ground Floor Flat, 228, Derbyshire Lane, Sheffield comes out as the 281st largest and the 286th most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the S8 district.
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Schools Nearby
- 200mMundella Primary School
- 400mWoodseats Primary School
- 1.0kmMeersbrook Bank Primary School
- 800mNewfield Secondary School
- 1.7kmMercia School
- 2.2kmMeadowhead School Academy Trust
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Public Transport Nearby
From Ground Floor Flat, 228, Derbyshire Lane, Sheffield, the nearest station is Dore & Totley, 3.5 kilometres away.
- 3.5kmDore & Totley
- 3.7kmSheffield
- 4.9kmDronfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
