Local market reports › S area › S1
City Centre market report S1, Sheffield
The standing S1 (City Centre) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 4,140 sales registered with HM Land Registry in S1 (Sheffield) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 30 registered 2026 sales put the S1 (Sheffield) median at £105,500, down 5% on five years earlier, with a mean of £123,200, and by floor area homes here have averaged about £2,600 per square metre over the last five years. Everything rests on 4,140 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
The postcode district S1 covering City Centre sits in Sheffield. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where S1 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.
S1 sold prices: where the market stands
Across 30 registered 2026 sales, the typical (median) S1 home went for £105,500. The mean is £123,200, a long way above it, which tells you a few very expensive sales are pulling the average up.
Price per square metre in S1
By floor space, homes in S1 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.
For scale: the England and Wales median is £285,000, so S1 trades 63% below the country as a whole.
S1's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £105,500 | £105,500 | 30 |
| 2025 | £125,000 | £127,989 | 69 |
| 2024 | £145,000 | £154,165 | 123 |
| 2023 | £144,200 | £158,441 | 104 |
| 2022 | £118,000 | £138,368 | 225 |
| 2021 | £111,000 | £140,540 | 179 |
| 2020 | £127,500 | £165,434 | 54 |
| 2019 | £118,000 | £154,670 | 134 |
| 2018 | £121,000 | £161,295 | 208 |
| 2017 | £119,800 | £163,395 | 170 |
| 2016 | £124,000 | £173,477 | 135 |
| 2015 | £109,000 | £154,017 | 169 |
| 2014 | £129,500 | £183,718 | 141 |
| 2013 | £116,000 | £166,912 | 113 |
| 2012 | £115,500 | £170,002 | 87 |
| 2011 | £123,000 | £185,683 | 143 |
| 2010 | £125,200 | £196,346 | 114 |
| 2009 | £121,200 | £194,830 | 62 |
| 2008 | £122,000 | £199,984 | 217 |
| 2007 | £122,000 | £206,946 | 358 |
| 2006 | £130,000 | £225,663 | 313 |
| 2005 | £119,000 | £211,772 | 159 |
| 2004 | £128,200 | £232,836 | 238 |
| 2003 | £115,000 | £211,858 | 280 |
| 2002 | £107,500 | £202,260 | 177 |
| 2001 | £75,000 | £144,184 | 35 |
| 2000 | £39,000 | £76,538 | 23 |
| 1999 | £38,000 | £75,732 | 27 |
| 1998 | £35,000 | £70,650 | 17 |
| 1997 | £32,800 | £67,266 | 13 |
| 1996 | £30,000 | £63,269 | 11 |
| 1995 | £31,500 | £68,476 | 12 |
In cash terms the typical S1 home went from £31,500 in 1995 to £105,500 in 2026, roughly 3.3 times the price. Inflation explains only part of it: in today's money the rise is still about 54%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2004. The market now sits about 55% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the S1 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 (+92.3% on the year before); the weakest, 2015 (−15.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 95% of the typed total.
Median by property type, S1
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Terraced | £160,000 (2022) | – | 219 |
| Flats | £105,000 | 29 | 3,829 |
What S1 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −15.6% | −17.6% |
| 5 years (since 2021) | −1.0% | −5.6% |
| 10 years (since 2016) | −1.6% | −4.9% |
| 20 years (since 2006) | −1.0% | −3.7% |
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
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
Over the last twelve months of data, 62 sales completed in S1. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 198 sales a year before the financial crisis and 110 a year over the last five. 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
The local authority for S1 is Sheffield, and its ONS average private rent currently stands at £922 a month (May 2026 figures). 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.
£922 a month is £11,064 a year, which against the £105,500 median sold price makes a gross yield of 10.5%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What kind of market S1 is
Only 62 sales completed here in the last twelve months of data, which makes S1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. 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. In its area's price order S1 comes 44 of 45, towards the cheaper end of the table.
Asked and answered: S1 (City Centre)
Are property prices falling in S1 (City Centre)?
Is S1 (City Centre) a good place to buy a house?
How much did a house sell for in S1 (City Centre)?
Will S1 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is down 5% over five years in cash but down 25% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in S1 today
Everything above is what homes in S1 sold for. The live side of the market holds 52 homes at the moment, listed by 8 agents publishing to HomesIndex, at a typical asking price 16% above the S1 median sold price.
29% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
- 105 Queen Street, City Centre, Sheffield, S1, Sheffield
- Queen Street, Sheffield, S1
- Queen Street, Sheffield, South Yorksh...
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every S1 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in S: the cost
What homes of each size actually sold for across the S area, 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%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
S1 ranks 44 of 45 in the S area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the S area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside S1, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| S1 2 | £144,000 | 12 |
| S1 4 | £97,500 | 18 |
How S1 compares nearby
Same city, different markets. The dearest districts of the S area, and S1 itself, which ranks 44 of 45 by median price:
| District | Median | 5-year |
|---|---|---|
| S32 | £490,000 | +24% |
| S17 | £462,500 | +23% |
| S11 | £350,000 | +0% |
| S7 | £310,000 | -3% |
| S18 | £300,000 | +15% |
| S33 | £295,000 | -21% |
| S10 | £290,000 | +4% |
| S8 | £252,200 | +20% |
| S35 | £237,000 | +17% |
| S42 | £235,000 | +3% |
| S20 | £229,000 | +24% |
| S6 | £224,000 | +17% |
| S81 | £222,000 | +8% |
| S21 | £220,000 | +22% |
| S75 | £219,000 | +11% |
| S45 | £207,000 | -2% |
| S26 | £205,000 | +5% |
| S36 | £205,000 | +0% |
| S60 | £203,000 | +4% |
| S25 | £200,000 | +18% |
| S66 | £200,000 | +11% |
| S40 | £198,000 | -1% |
| S41 | £195,000 | +3% |
| S1 (this report) | £105,500 | -5% |
Before you sell in S1: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at S1'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.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim S1.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about S1. Free, with a one click sign in.
Two maps carry on from here: every S1 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.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.