Imofolio

Sheffield · report

Past price cycles in Sheffield

Sale prices have fallen by 3% or more 7 times since 1995. The deepest began in October 2007.

Deepest fall
−17.0%
Recovery from the low
74 months

Prices in Sheffield and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Sheffield
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodSheffieldUnited Kingdom
Aug 2026546.3534.7
Jul 2026553.4532.9
Jun 2026550.8530.1
May 2026552.9533.1
Apr 2026555.4530.6
Mar 2026557.7526.0
Feb 2026556.8527.6
Jan 2026551.5526.4
Dec 2025550.0524.8
Nov 2025545.7529.6
Oct 2025545.4528.4
Sep 2025545.0527.8
Aug 2025543.1529.8
Jul 2025536.6526.5
Jun 2025525.1522.4
May 2025535.4517.1
Apr 2025539.2509.5
Mar 2025552.2524.8
Feb 2025544.5518.5
Jan 2025547.6518.8
Dec 2024539.8517.0
Nov 2024540.8518.0
Oct 2024541.2519.4
Sep 2024539.9518.4
Aug 2024536.7519.1
Jul 2024527.1514.0
Jun 2024526.7508.3
May 2024520.2506.3
Apr 2024514.9502.2
Mar 2024513.6499.5
Feb 2024513.7498.6
Jan 2024520.0501.2
Dec 2023524.3501.6
Nov 2023532.3505.9
Oct 2023534.5509.4
Sep 2023535.0511.7
Aug 2023525.6514.2
Jul 2023513.3511.4
Jun 2023503.0505.8
May 2023504.6503.9
Apr 2023507.1502.2
Mar 2023511.6501.1
Feb 2023520.2506.8
Jan 2023534.1511.0
Dec 2022542.0515.4
Nov 2022542.5519.5
Oct 2022533.6520.3
Sep 2022520.3520.3
Aug 2022508.0519.2
Jul 2022500.3514.8
Jun 2022496.8505.4
May 2022488.1499.4
Apr 2022483.3493.8
Mar 2022479.1488.0
Feb 2022480.4486.2
Jan 2022478.2485.7
Dec 2021468.2480.1
Nov 2021470.6477.7
Oct 2021465.1468.5
Sep 2021458.7480.5
Aug 2021458.1466.8
Jul 2021451.7453.1
Jun 2021457.8475.4
May 2021447.6451.4
Apr 2021455.0448.4
Mar 2021460.1455.2
Feb 2021455.5448.6
Jan 2021450.1447.3
Dec 2020437.2447.3
Nov 2020433.9443.9
Oct 2020425.8439.4
Sep 2020422.8435.7
Aug 2020414.9431.1
Jul 2020408.1426.9
Jun 2020398.5423.4
May 2020399.2417.6
Apr 2020404.5415.5
Mar 2020413.2419.7
Feb 2020416.6416.0
Jan 2020413.2418.4
Dec 2019414.8418.1
Nov 2019411.8418.7
Oct 2019410.1420.2
Sep 2019407.1421.3
Aug 2019402.4421.0
Jul 2019402.4419.6
Jun 2019402.1415.0
May 2019398.9413.2
Apr 2019400.0412.6
Mar 2019396.6409.7
Feb 2019403.0410.8
Jan 2019400.0411.8
Dec 2018402.7414.4
Nov 2018398.4415.3
Oct 2018403.7417.1
Sep 2018400.7417.5
Aug 2018401.7418.3
Jul 2018395.5417.0
Jun 2018394.5411.9
May 2018392.2409.2
Apr 2018394.4407.5
Mar 2018390.5403.7
Feb 2018387.4406.1
Jan 2018379.6405.0
Dec 2017381.6406.5
Nov 2017388.5404.9
Oct 2017393.6406.0
Sep 2017390.8405.7
Aug 2017382.5407.2
Jul 2017374.6405.4
Jun 2017369.6400.2
May 2017363.2396.8
Apr 2017361.5394.4
Mar 2017361.4388.3
Feb 2017366.3389.1
Jan 2017366.7388.3
Dec 2016362.9388.7
Nov 2016362.0388.0
Oct 2016363.2386.2
Sep 2016369.8387.5
Aug 2016369.1388.1
Jul 2016365.0388.1
Jun 2016361.2384.0
May 2016355.9380.4
Apr 2016355.1376.0
Mar 2016352.6374.6
Feb 2016352.0370.8
Jan 2016352.8370.6
Dec 2015352.0369.6
Nov 2015353.3368.4
Oct 2015355.8365.6
Sep 2015360.5365.1
Aug 2015357.2364.3
Jul 2015350.1361.0
Jun 2015340.3355.0
May 2015338.1352.3
Apr 2015335.4348.5
Mar 2015336.4345.5
Feb 2015338.1344.2
Jan 2015341.9343.9
Dec 2014343.5345.7
Nov 2014342.0344.9
Oct 2014342.0346.1
Sep 2014337.4346.6
Aug 2014332.6346.2
Jul 2014328.6342.2
Jun 2014327.1337.5
May 2014324.7334.6
Apr 2014323.1331.1
Mar 2014317.2323.9
Feb 2014319.7322.7
Jan 2014314.9321.4
Dec 2013316.5321.0
Nov 2013313.3318.1
Oct 2013315.6316.4
Sep 2013314.0317.7
Aug 2013314.2317.4
Jul 2013311.2314.9
Jun 2013308.6311.4
May 2013305.6308.9
Apr 2013302.0307.3
Mar 2013304.1304.3
Feb 2013301.2302.5
Jan 2013305.7302.5
Dec 2012304.8304.6
Nov 2012310.1305.3
Oct 2012313.6305.0
Sep 2012317.1307.2
Aug 2012314.5308.3
Jul 2012308.9307.9
Jun 2012304.0306.7
May 2012300.4303.8
Apr 2012302.0302.8
Mar 2012299.7299.3
Feb 2012303.2298.5
Jan 2012300.0299.3
Dec 2011302.4301.3
Nov 2011300.9302.6
Oct 2011305.4302.5
Sep 2011306.7305.8
Aug 2011306.2306.6
Jul 2011301.6306.4
Jun 2011299.2302.6
May 2011298.6302.1
Apr 2011294.4303.4
Mar 2011292.5298.8
Feb 2011298.3300.2
Jan 2011302.5301.8
Dec 2010308.4304.3
Nov 2010307.5304.9
Oct 2010312.5308.5
Sep 2010312.4312.0
Aug 2010315.2312.8
Jul 2010313.6312.8
Jun 2010314.3309.7
May 2010313.6308.2
Apr 2010311.9306.7
Mar 2010313.0302.8
Feb 2010311.3302.8
Jan 2010312.8302.1
Dec 2009314.7303.2
Nov 2009314.5301.2
Oct 2009316.6300.2
Sep 2009311.8298.2
Aug 2009305.2295.9
Jul 2009297.1293.0
Jun 2009292.3287.8
May 2009292.3285.0
Apr 2009293.0281.1
Mar 2009294.5278.6
Feb 2009295.4280.3
Jan 2009299.9283.6
Dec 2008305.6290.3
Nov 2008310.0294.8
Oct 2008316.8303.4
Sep 2008324.8309.6
Aug 2008335.2317.6
Jul 2008340.1324.4
Jun 2008340.4328.0
May 2008343.3332.4
Apr 2008341.1330.4
Mar 2008343.1329.8
Feb 2008345.2332.2
Jan 2008347.5335.1
Dec 2007351.0341.3
Nov 2007350.3341.8
Oct 2007352.3342.0
Sep 2007351.5342.8
Aug 2007351.7342.3
Jul 2007349.0340.4
Jun 2007346.1336.1
May 2007340.3332.5
Apr 2007336.9328.7
Mar 2007332.8322.2
Feb 2007330.2319.8
Jan 2007331.7318.8
Dec 2006333.0319.0
Nov 2006334.1315.0
Oct 2006332.4313.4
Sep 2006330.2311.6
Aug 2006325.1310.3
Jul 2006319.7307.7
Jun 2006314.9303.4
May 2006311.2300.5
Apr 2006310.5297.7
Mar 2006303.8291.4
Feb 2006305.2289.0
Jan 2006299.1288.6
Dec 2005301.3289.0
Nov 2005300.3287.4
Oct 2005304.4286.6
Sep 2005303.2287.1
Aug 2005300.1287.6
Jul 2005295.2286.4
Jun 2005291.1282.8
May 2005284.0280.6
Apr 2005281.8277.6
Mar 2005278.7273.7
Feb 2005281.3271.5
Jan 2005280.0271.7
Dec 2004280.3271.9
Nov 2004283.5273.9
Oct 2004283.8274.3
Sep 2004285.2272.3
Aug 2004277.6272.8
Jul 2004273.4269.7
Jun 2004261.8264.1
May 2004251.4259.5
Apr 2004237.4256.4
Mar 2004233.0245.3
Feb 2004230.0244.7
Jan 2004230.2247.1
Dec 2003225.6245.6
Nov 2003220.3240.9
Oct 2003217.9243.6
Sep 2003216.2239.4
Aug 2003215.6240.2
Jul 2003207.3236.0
Jun 2003199.8231.9
May 2003191.5231.4
Apr 2003187.6233.0
Mar 2003187.8227.6
Feb 2003185.6222.8
Jan 2003184.0225.2
Dec 2002178.2226.8
Nov 2002177.3219.5
Oct 2002174.3217.3
Sep 2002173.7215.7
Aug 2002171.1210.6
Jul 2002166.2206.0
Jun 2002159.4204.4
May 2002154.0196.4
Apr 2002150.7191.4
Mar 2002148.7188.9
Feb 2002146.5182.5
Jan 2002144.9176.1
Dec 2001143.8176.7
Nov 2001143.4176.7
Oct 2001144.6176.7
Sep 2001145.2180.3
Aug 2001143.5180.3
Jul 2001139.7180.3
Jun 2001136.4174.1
May 2001132.0174.1
Apr 2001130.4174.1
Mar 2001130.6168.0
Feb 2001131.1168.0
Jan 2001130.3168.0
Dec 2000128.0168.9
Nov 2000129.0168.9
Oct 2000130.3168.9
Sep 2000131.4164.0
Aug 2000131.1164.0
Jul 2000129.8164.0
Jun 2000127.5161.0
May 2000123.5161.0
Apr 2000121.2161.0
Mar 2000120.1152.6
Feb 2000121.1152.6
Jan 2000121.2152.6
Dec 1999120.8148.8
Nov 1999120.2148.8
Oct 1999120.3148.8
Sep 1999118.9145.1
Aug 1999118.7145.1
Jul 1999116.7145.1
Jun 1999115.6137.1
May 1999111.5137.1
Apr 1999110.7137.1
Mar 1999110.0131.5
Feb 1999111.5131.5
Jan 1999109.7131.5
Dec 1998110.5130.7
Nov 1998111.6130.7
Oct 1998114.5130.7
Sep 1998114.7131.3
Aug 1998113.5131.3
Jul 1998111.4131.3
Jun 1998110.0125.8
May 1998108.9125.8
Apr 1998109.3125.8
Mar 1998108.1119.5
Feb 1998107.7119.5
Jan 1998106.1119.5
Dec 1997106.8116.5
Nov 1997108.1116.5
Oct 1997109.3116.5
Sep 1997108.8117.4
Aug 1997107.2117.4
Jul 1997105.7117.4
Jun 1997105.6111.7
May 1997104.5111.7
Apr 1997104.2111.7
Mar 1997102.9109.5
Feb 1997103.2109.5
Jan 1997102.9109.5
Dec 1996102.7108.0
Nov 1996102.7108.0
Oct 1996103.0108.0
Sep 1996102.8106.2
Aug 1996101.9106.2
Jul 1996100.9106.2
Jun 1996100.9102.2
May 199699.5102.2
Apr 199698.3102.2
Mar 199697.4102.1
Feb 199697.9102.1
Jan 199698.0102.1
Dec 199599.1100.6
Nov 1995100.2100.6
Oct 1995101.9100.6
Sep 1995102.2102.0
Aug 1995102.1102.0
Jul 1995101.1102.0
Jun 199599.3101.1
May 199598.4101.1
Apr 199597.4101.1
Mar 199598.3100.0
Feb 199598.2100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
September 1995March 1996−4.7%66
September 1998January 1999−4.4%45
October 2007June 2009−17.0%2074
October 2017January 2018−3.6%33
February 2020June 2020−4.3%43
November 2022June 2023−7.3%719
March 2025June 2025−4.9%38

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Sheffield

Sale prices have an 80% chance of landing between £201,114 and £225,280 by August 2027.

Expected, August 2027
£213,197
Chance of a rise
32%

At the average sale price, a home costs £217,603. With 10% down and a 30-year mortgage, the payment is £1,004 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
16%
Payment, one income
32%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£936
Owning per month
£1,025

74.9% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
130

Figures for United Kingdom: Sheffield has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population fell by 741 while 150 homes were finished.

Homes finished, 2025
150
Population change, 2025
−741

5.5% of the 245,628 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.5%
Empty homes
13,410

In 2025, 7% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
7%