Property trends for S1

    S1 covers central Sheffield, encompassing the city's core business and residential districts. It is a vibrant urban neighbourhood characterised by student accommodation, young professional housing, and mixed-use development.

    At a Glance

    Average Property Price - S1

    £131,010

    1

    National percentile

    Average Monthly Rent - S

    £713

    8

    National percentile

    Average Net Household Income - S1

    £35,485

    34

    National percentile

    Flat / Maisonette Yield - S

    4.7%

    10

    National percentile

    10-Year Annualised Price Growth - S1

    1.3%

    5

    National percentile

    10-Year Annualised Rent Growth - S

    3.6%

    36

    National percentile

    Property Price & Volume Trends

    The latest average property price in S1 is £131,000, placing it among the least expensive districts nationally. Over the past decade, prices have grown at 1.3% per year on average, significantly below the national pace. Transaction volumes have fallen sharply: only 58 properties changed hands in the latest year, compared to an average of 139 annually over the previous ten years.

    Rent & Yield Trends

    Average monthly rent across the broader S postcode area stands at £713, well below the national average. Rents have grown at 3.6% per year over the past decade, slightly below the national trend. The flat yield currently sits at 4.7%, up from a 10-year average of 4.1%, suggesting improving returns for buy-to-let investors.

    Income & Affordability Trends

    Average net household income is £35,485, below the national median. The price-to-income ratio of 4.1x represents a meaningful improvement since 2016, when it stood at 4.5x, indicating that property has become more affordable relative to local earnings. Rental affordability has also improved: the rent-to-income ratio has fallen from 22.4% in 2016 to 20.8% today.

    Resident Demographic Profile

    S1 has an exceptionally young population, with 39.7% aged 16–24 (more than three times the national average of 11.0%), reflecting its role as a student and early-career hub. Conversely, residents aged 50–64 and 65+ account for only 8.0% and 5.6% respectively, far below national norms. Housing tenure is dominated by private renting at 50.2%—nearly two and a half times the national share—with owned properties accounting for just 24.0% combined. The employment mix skews towards professionals (27.1%) and sales roles (12.2%), while managerial and trades occupations are notably underrepresented.

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