Sheffield rents rise as house prices fall, new figures show.

Sheffield rents have continued to rise over the past year despite house prices falling, new figures show.

Average monthly rents across the Sheffield postcode area reached £726 in July, up 3.6 per cent compared with the same month last year.

At the same time, the average property price fell 2.9 per cent year-on-year, to £229,532, according to an analysis of Land Registry data by Brickview.

The figures paint a mixed picture of the city’s housing market, with renting becoming more expensive while buying a home has become cheaper, on average.

The trend is particularly striking for flats, with their average price falling by almost a fifth in the last year, despite monthly rent continuing to increase .

Average flat prices fell by 17.6 per cent over the year to £134,115, the sharpest fall of any property type.

At the same time, rental prices for flats still increased by 3.4 per cent, reaching an average of £588 a month.

Terraced homes were the only property type to see prices rise, increasing by 3.3 per cent to £176,126.

Prices for detached homes fell 5.3 per cent to £358,884, while semi-detached properties dropped 4.4 per cent to £204,550.

Take a look at the table below to see how Sheffield properties compare.

How Sheffield house prices changed

Property type	Average price	Annual change
Detached	£358,884	-5.3%
Semi-detached	£204,550	-4.4%
Terraced	£176,126	+3.3%
Flats	£134,115	-17.6%

Rents, meanwhile, increased across every property type:

Property type	Average price (monthly)	Annual change
Detached	£960	+3%
Semi-detached	£775	+3.7%
Terraced	£706	+3.9%
Flats	£588	+3.4%

Brickview said its figures are based on simple averages of completed property transactions and warned that year-on-year changes do not necessarily mean individual homes have risen or fallen in value by the same amount.

For example, if fewer expensive properties were sold during a particular month, the average price could fall even if the value of similar properties had remained relatively stable.

Brickview’s full August 2026 market report is available online here: https://brickview.ai/reports/august-2026/yorkshire-and-the-humber