Local market reports › S area › S1 › S1 2
City Centre market report S1 2, Sheffield
The S1 2 (City Centre) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 1,216 sales recorded by HM Land Registry in S1 2 (Sheffield) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in S1 2 (Sheffield) sold for £144,000 in 2026, the median of 12 registered sales, up 5% on five years earlier. The mean was £153,100, and by floor area homes here have averaged about £2,600 per square metre over the last five years. The figures cover 1,216 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
S1 2 is one sector of S1 (Sheffield): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where S1 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's S1 2 prices, from the sold record
The S1 2 median stands at £144,000 for 2026, built from 12 registered sales; the mean, the figure usually quoted as the "average house price", is £153,100, modestly above it, the usual shape of a market with an expensive tail.
House prices per square metre in S1 2
By floor space, homes in S1 2 have sold for about £2,600 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
Set against the £285,000 England and Wales median, S1 2 sits 49% below the national market.
A typical S1 2 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £144,000 | £144,000 | 12 |
| 2025 | £131,500 | £134,645 | 28 |
| 2024 | £145,000 | £154,165 | 67 |
| 2023 | £162,800 | £178,877 | 59 |
| 2022 | £171,500 | £201,103 | 88 |
| 2021 | £137,000 | £173,460 | 33 |
| 2020 | £159,200 | £206,565 | 30 |
| 2019 | £132,000 | £173,020 | 51 |
| 2018 | £145,000 | £193,288 | 53 |
| 2017 | £140,000 | £190,946 | 43 |
| 2016 | £151,300 | £211,670 | 49 |
| 2015 | £116,800 | £165,038 | 84 |
| 2014 | £151,500 | £214,929 | 64 |
| 2013 | £133,000 | £191,374 | 64 |
| 2012 | £132,000 | £194,288 | 44 |
| 2011 | £128,900 | £194,589 | 106 |
| 2010 | £148,700 | £233,200 | 56 |
| 2009 | £164,000 | £263,631 | 7 |
| 2008 | £116,500 | £190,968 | 10 |
| 2007 | £141,000 | £239,175 | 81 |
| 2006 | £170,200 | £295,445 | 74 |
| 2005 | £158,000 | £281,176 | 20 |
| 2004 | £140,000 | £254,267 | 49 |
| 2003 | £135,000 | £248,703 | 5 |
| 2002 | £107,000 | £201,320 | 11 |
| 2001 | £96,000 | £184,555 | 18 |
| 2000 | £60,000 | £117,750 | 5 |
| 1999 | £110,000 | £219,224 | 2 |
| 1998 | £217,500 | £439,039 | 2 |
| 1995 | £90,000 | £195,646 | 1 |
In cash terms the typical S1 2 home went from £90,000 in 1995 to £144,000 in 2026, a 60% rise. Strip out inflation and it is actually a fall of about 26%: a typical home here costs less in real terms than it did in 1995. Measured in today's money the market peaked in 1998; the current median sits about 67% below that. Someone who bought at the 1998 peak has not yet seen that price back in real terms.
Year-on-year change in the S1 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2001 (+60.0% on the year before); the weakest, 1999 (−49.4%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +9.5% | +6.9% |
| 5 years (since 2021) | +1.0% | −3.7% |
| 10 years (since 2016) | −0.5% | −3.8% |
| 20 years (since 2006) | −0.8% | −3.5% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Sales activity in S1 2
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
S1 2 recorded 12 sales in the last twelve months of data. Unusually, activity here runs above its pre-2008 level: 51 sales a year over the last five years against 33 before the financial crisis. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What homes rent for around S1 2
For renting purposes S1 2 sits in Sheffield. The ONS average private rent there is £922 a month (May 2026). Size sets most of the rent: one-beds average £683 a month here against £1,327 for four or more bedrooms.
Average monthly rent by size, Sheffield
ONS Price Index of Private Rents, May 2026.
Against the £144,000 median purchase price, a rent of £922 a month (£11,064 a year) works out at a 7.7% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Reading the S1 2 market
This is a thin market: 12 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the S1 district median, S1 2 sits 36% higher, marking it as a dearer pocket of the district.
Asked and answered: S1 2 (City Centre)
Is S1 2 (City Centre) a good place to buy a house?
How much did a house sell for in S1 2 (City Centre)?
Are property prices falling in S1 2 (City Centre)?
Where do S1 2 prices go next?
The record answers a different question than "what happens next": the median is up 5% over five years in cash but down 17% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
S1's current homes for sale
Turning to what is actually available: 52 homes on the market right now, from 8 agents publishing to HomesIndex.
These cover the whole S1 district, not just S1 2: live asking prices are collected per district.
29% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- 105 Queen Street, City Centre, Sheffield, S1, Sheffield
- Queen Street, Sheffield, S1
- Queen Street, Sheffield, South Yorksh...
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every S1 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in S
Real sold prices by size across the S area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £235,000 | £330,000 (+40%) | £495,000 (+50%) | £750,000 (+52%) |
| Semi-detached | £160,000 | £175,000 (+9%) | £220,000 (+26%) | £321,000 (+46%) | £550,000 (+71%) |
| Terraced | £132,000 | £140,000 (+6%) | £175,000 (+25%) | £256,500 (+47%) | £350,000 (+36%) |
| Flat | £120,000 | £148,000 (+23%) | £265,000 (+79%) | £461,750 (+74%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the S area is the point: the same five years treated these districts very differently.
S area districts: five years of change
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in S1
Sector boundaries hide real price steps. The rest of S1, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| S1 4 | £97,500 | 18 |
Zoom out to the full S1 district report for the type split, monthly volumes and how S1 compares with its neighbours.
Selling a home in S1 2? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at S1 2's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim S1 2.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about S1 2. Free, with a one click sign in.
Two maps carry on from here: every S1 2 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.