These are the Sheffield areas where house prices have increased the most in the last year

Dozens of neighbourhoods in Sheffield have seen house prices rise in the last year, despite the unprecedented economic shock caused by the pandemic – and these are the areas where prices have risen the most.

Tuesday, 27th April 2021, 4:40 pm
Here are the neighbourhoods in Sheffield where house prices have risen the most in the past year.
Here are the neighbourhoods in Sheffield where house prices have risen the most in the past year.

Average house prices held up across England but there was a considerable drop in sales, according to new figures.

It was the same picture in Sheffield where prices rose by 6.4 per cent in the year to September 2020. The average house price in Sheffield was £208,171 in September 2020.

The ONS also publishes house price figures by Middle Layer Super Output Areas (MSOAs) – small geographic areas containing an average of 7,200 people.

Property prices in Highfield and Lowfield in Sheffield rose by 53.9 per cent in the past year, one of the biggest price hikes in the country.

These show 51 of the 70 MSOAs that make up Sheffield saw a rise in house prices over the same period.

The biggest price hike was in Highfield and Lowfield, where the average price rose to £170,440, up by a massive 53.9 per cent on the year to September 2019.

The was the eleventh highest percentage change for a neighbourhood in the whole of England, with an area of Liverpool the only other area of the north making up the top 10.

Overall, however, 63 houses changed hands here between October 2019 and September 2020, a drop of 72 per cent on the previous year, where 224 houses were sold.

Southey Green East saw the second highest percentage change, with properties costing 25.8 per cent more.

The average house property in this area is now £114,547, but there was 24 per cent fewer property sales in 2019-20 from the year before.

The area of Sharrow, and Endcliffe and Ranmoor, both had increases of over 20 per cent.

The average property in Sharrow now costs £208,274, a change of 24.1 per cent from the previous year.

Endcliffe and Ranmoor is the most expensive MSOA to have a high percentage change – with the average property now costing £439,635, a 21.3 per cent rise from the previous year.

Both of these neighbourhoods also maintained property sale rates despite a national dip, with a 0 per cent change.

There was also a 10 per cent or higher increase in average property prices in Firth Park, High Green and Burncross, Fulwood and Lodge Moor, Southey Green West, Crookes, Gleadless, Shiregreen North, Wadsley and Marlcliffe and Broomhill and Lower Crookesmoor.