Here are the top 10 most viewed Sheffield properties on Zoopla in recent months

House prices continue to boom despite predictions of a slow down so we teamed up with Zoopla to find the top 10 viewed in Sheffield.

Monday, 20th September 2021, 9:15 am

Prices are now around 13% higher than when the pandemic began and in Sheffield some homes are selling for £30,000 above the asking price.

The bounce back last month surprised experts who thought that the tapering of stamp duty relief in England at the end of June would take some of the heat out of the market.

But the monthly price increase in the Nationwide House Price Index was 2.1%, the second largest monthly gain in 15 years after the 2.3% monthly rise in April.

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Situated in the popular suburb of Wisewood is this four bed detached house on Wisewood Road, for sale at £160,000. The brochure says: "This substantial plot and commercial property has planning permission for a change of use."

Analysts say the strength may reflect strong demand from those buying a property priced between £125,000 and £250,000 who are looking to take advantage of the stamp duty holiday which lasts until the end of September.

But the maximum savings are lower – £2,500 compared to £15,000 on a property valued at £500,000 before the stamp duty holiday began to wind down.

Sheffield agents all say lack of supply is a factor in the city’s booming market.

Zoopla’s top 10 includes a variety of properties, with semi-detached and end terraces all proving popular. Two, three and four bedroom homes all feature as does a bungalow and town house.

This three bed end terrace house in Rothay Road, Grimesthorpe, is for sale by auction with a guide price of £25,000. It has been partially refurbished throughout and would suit a developer to complete the project, sell on or rent out.

Experts now predict demand will remain high although longer term is more difficult to predict.

Robert Gardner, Nationwide’s chief economist, said: “Underlying demand is likely to remain solid in the near term. Consumer confidence has rebounded in recent months while borrowing costs remain low.

“This, combined with the lack of supply on the market, suggests continued support for house prices.

“But, as we look towards the end of the year, the outlook is harder to foresee.

This four bed semi-detached house in Crest Road, Sheffield Lane Top, is for sale at £170,000. The brochure says it is a is a well-maintained and well-loved family home.

“Activity will almost inevitably soften for a period after the stamp duty holiday expires at the end of September, given the incentive for people to bring forward their purchases to avoid the additional tax.

“Moreover, underlying demand is likely to soften around the turn of the year if unemployment rises, as most analysts expect, when government support schemes wind down.

“But even this is far from assured. The labour market has remained remarkably resilient to date and, even if it does weaken, there is scope for shifts in housing preferences as a result of the pandemic to continue to support activity for some time yet.”

He added the analysis suggested energy efficiency has only a modest influence on house prices for owner occupiers, where an impact is only really evident for the best and worst energy efficiency ratings.

An amazing project is available to someone who is happy to undertake some modernisation and improvement, says the brochure. The three bed semi-detached house on Beacon Close, Wincobank, will be sold at auction with a guide price of £100,000.

So a more energy-efficient property – rated A or B - attracts a modest premium of 1.7% compared to a similar property rated D – the most commonly occurring rating.

Mr Gardner said: “The value that people attach to energy efficiency is likely to change over time, especially if the Government takes measures to incentivise greater energy efficiency.”

Here are Zoopla’s top 10 most viewed properties for August.

To read more about property join our Facebook group all about the subject – click to become a member. And to read more great articles on homes and gardens, please visit the dedicated section of The Star’s website.

This two bed end terrace house on Cawdor Road, Arbourthorne, is for sale at £95,000. The brochure says: "The property boasts amazing space with potential to extend sideways."
A lovely semi-detached house, says the brochure. This two bed semi-detached house on St Aidans Way, Norfolk Park, is for sale at £87,500.
"This stylish and unique end of terrace property," says the brochure, describing the four bed end terrace house on Westthorpe Road, Killamarsh. It is for sale at £185,000.
Described as an absolute master piece of a family home, this four bed bungalow in Princess Drive, Deepcar, is for sale at £390,000. The brochure syas it is at the top of Deepcar with outstanding scenery and countryside walks.
An offer of £75,000 has been made for this two bed terraced house in Burngreave. Anyone wishing to place an offer should contact Reeds Rains before exchange of contracts or within the next 7 days whichever is sooner. Call 0114 233 0250.
Forming part of this new development in Quarry Road, Handsworth, and available on a flexible shared ownership basis is this range of new homes at £100,000. All have three bedrooms and off road parking.