Local market reports › S area › S2 › S2 1
City Centre market report S2 1, Sheffield
The S2 1 (City Centre) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 3,286 completed sales registered with HM Land Registry in S2 1 (Sheffield) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 34 registered 2026 sales put the S2 1 (Sheffield) median at £166,000, up 14% on five years earlier, with a mean of £172,300, and by floor area homes here have averaged about £2,130 per square metre over the last five years. Everything rests on 3,286 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
A postcode sector like S2 1 is a single group of streets within S2 (Sheffield), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where S2 1 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.
What a home in S2 1 sells for
In the S2 1 property market, the 2026 median sale price is £166,000, from 34 registered sales; the mean, the "average house price" most sites quote, is £172,300, sitting almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in S2 1
Measured by floor area, the last five years of S2 1 sales average about £2,130 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
The national median for England and Wales is £285,000, which puts S2 1 42% below the country at large.
The price of a typical S2 1 home, 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 | £166,000 | £166,000 | 34 |
| 2025 | £186,000 | £190,448 | 123 |
| 2024 | £228,000 | £242,411 | 186 |
| 2023 | £185,000 | £203,270 | 154 |
| 2022 | £145,000 | £170,029 | 104 |
| 2021 | £145,000 | £183,589 | 108 |
| 2020 | £140,200 | £181,912 | 160 |
| 2019 | £135,000 | £176,953 | 208 |
| 2018 | £120,000 | £159,962 | 148 |
| 2017 | £99,000 | £135,026 | 88 |
| 2016 | £87,500 | £122,413 | 62 |
| 2015 | £85,000 | £120,105 | 71 |
| 2014 | £81,200 | £115,196 | 62 |
| 2013 | £75,000 | £107,918 | 50 |
| 2012 | £75,000 | £110,391 | 34 |
| 2011 | £70,000 | £105,673 | 43 |
| 2010 | £77,500 | £121,540 | 48 |
| 2009 | £80,000 | £128,601 | 34 |
| 2008 | £98,000 | £160,643 | 61 |
| 2007 | £99,700 | £169,119 | 220 |
| 2006 | £92,000 | £159,700 | 200 |
| 2005 | £85,000 | £151,266 | 185 |
| 2004 | £75,000 | £136,215 | 136 |
| 2003 | £63,000 | £116,061 | 137 |
| 2002 | £46,000 | £86,549 | 192 |
| 2001 | £38,000 | £73,053 | 155 |
| 2000 | £29,700 | £58,286 | 52 |
| 1999 | £32,800 | £65,369 | 48 |
| 1998 | £29,500 | £59,548 | 41 |
| 1997 | £32,200 | £66,036 | 50 |
| 1996 | £31,100 | £65,589 | 47 |
| 1995 | £35,000 | £76,085 | 45 |
In cash terms the typical S2 1 home went from £35,000 in 1995 to £166,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 118%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2024. The market now sits about 32% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the S2 1 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 2003 (+37.0% on the year before); the weakest, 2025 (−18.4%). 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) | −10.8% | −12.8% |
| 5 years (since 2021) | +2.7% | −2.0% |
| 10 years (since 2016) | +6.6% | +3.1% |
| 20 years (since 2006) | +3.0% | +0.2% |
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.
Transaction volumes
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
S2 1 recorded 34 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 160 sales a year before the financial crisis and 120 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What tenants pay around S2 1
The local authority for S2 1 is Sheffield, and its ONS average private rent currently stands at £922 a month (May 2026 figures). The spread runs from £683 a month for a typical one-bed to £1,327 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Sheffield
ONS Price Index of Private Rents, May 2026.
Set against the £166,000 median sold price, £922 a month is £11,064 a year, a gross yield of 6.7%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What kind of market S2 1 is
Only 34 sales completed here in the last twelve months of data, which makes S2 1 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.
What people ask about S2 1 (City Centre)
Is S2 1 (City Centre) a good place to buy a house?
How much did a house sell for in S2 1 (City Centre)?
Are property prices falling in S2 1 (City Centre)?
Where do S2 1 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is up 14% over five years in cash but down 10% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What is for sale in S2 right now
The live side of the market holds 92 homes at the moment, listed by 7 agents publishing to HomesIndex.
These cover the whole S2 district, not just S2 1: live asking prices are collected per district.
Of everything listed here, 33% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Slate Street, Sheffield, S2
- Daresbury Drive, Newfield Green, Sheffield
- Guildford Rise, Sheffield, South York...
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 S2 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
What another bedroom costs in S
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%) | — |
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 S2
A few minutes' walk can separate two very different markets. Here are S2's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| S2 2 | £195,000 | 27 |
| S2 3 | £189,600 | 38 |
| S2 4 | £166,800 | 12 |
| S2 5 | £167,500 | 22 |
Zoom out to the full S2 district report for the type split, monthly volumes and how S2 compares with its neighbours.
Before you sell in S2 1: 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 S2 1'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 S2 1.
Go deeper
Behind the answers sits the same Land Registry record as this page, with S2 1 already set as the subject. Free, one click sign in.
The live map plots every individual S2 1 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on 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.