Key indicators for buyers
The S8 market looks favourable for buyers. Prices have softened (-6.8%), which could present a buying opportunity. Affordability has improved from a peak of 6.5x in 2023 to 5.9x today. Rising rents (£920/mo, +4.9%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Sheffield area
A home in Sheffield costs 5.9x the local median salary — moderate, improving from a peak of 6.5x in 2023.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Sheffield area
Average monthly rent in Sheffield is £920, up 4.9% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Sheffield price of £253,218 with a 25% deposit (£63k), a 2-year fixed mortgage at 3.97% costs around £999 per month.
Monthly cost comparison based on current data
Uses S8 avg. price with Sheffield rental data
Monthly mortgage payments (£999) are £79 more than renting (£920). However, buying requires an upfront deposit of £63k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
95, DALEWOOD ROAD S8 0EE | Semi-detached | £386,500 | 28 Jan 2026 |
1, MARSHALL ROAD S8 0GN | Semi-detached | £272,500 | 23 Jan 2026 |
5, FRASER DRIVE S8 0JG | Terraced | £222,500 | 20 Jan 2026 |
95, NORTON LEES CRESCENT S8 8SQ | Detached | £320,000 | 20 Jan 2026 |
43, WESTWICK CRESCENT S8 7DL | Semi-detached | £330,000 | 16 Jan 2026 |
10, UPPER ALBERT ROAD S8 9HR | Semi-detached | £260,000 | 16 Jan 2026 |
34, ARGYLE ROAD S8 9HH | Semi-detached | £243,750 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in S8 sold for £253,218 in 2026, with a median of £251,875 across 14 transactions. Prices fell 6.8% compared to the previous year.
| 16 Jan 2026 |
6, JAMES ANDREW CLOSE S8 7QY | Flat/Maisonette | £166,300 | 16 Jan 2026 |
36, SPRINGWOOD ROAD S8 9TW | Terraced | £142,000 | 14 Jan 2026 |
FLAT 28, WHITE WILLOWS, 70, DYCHE ROAD S8 8DS | Flat/Maisonette | £135,000 | 12 Jan 2026 |
54, COBNAR ROAD S8 8QB | Detached | £375,000 | 9 Jan 2026 |
40, SMITHY WOOD CRESCENT S8 0NT | Terraced | £169,500 | 9 Jan 2026 |
109, ARGYLE ROAD S8 9HJ | Terraced | £370,000 | 8 Jan 2026 |
4, ROXTON AVENUE S8 7TZ | Flat/Maisonette | £152,000 | 5 Jan 2026 |
43, SCHOOL LANE, GREENHILL S8 7RL | Flat/Maisonette | £152,000 | 22 Dec 2025 |
48, MEERSBROOK AVENUE S8 9ED | Terraced | £235,000 | 19 Dec 2025 |
472, BATEMOOR ROAD S8 8FN | Flat/Maisonette | £66,000 | 19 Dec 2025 |
37, THE MEADS S8 8JD | Other | £325,000 | 19 Dec 2025 |
60, DERBYSHIRE LANE S8 9EL | Semi-detached | £230,000 | 19 Dec 2025 |
147, RENEY AVENUE S8 7FJ | Terraced | £160,000 | 19 Dec 2025 |
The most recent recorded sale in S8 was a semi-detached property on Dalewood Road for £386,500 in January 2026. Across the last 20 sales, the median price was £235,000.