I was just wanting to know how much peoples property has gone up in price in the S4 S5 and S6 area. I have only lived in my 2 bedroom property for a year but I keep getting excited at the thought of me making loads of money simply because of house prices gradually going up all the time. I just want to calm myself down and actually see how much peoples property has gone up.

Thanks:thumbsup:

S4 Prices (http://www.upmystreet.com/property/prices/terraced/l/s4.html)
S5 Prices (http://www.upmystreet.com/property/prices/terraced/l/s5.html)
S6 Prices (http://www.upmystreet.com/property/prices/terraced/l/s6.html)

Looks like you should have moved out at the back end of last year ;)

I have just sold my property in S5, 18 months after moving in at a 'profit' of 26 thousand.

This 26 thousand will form the deposit on my next purchase, which if I had bought it 18 months ago I could probably have bought for 26 grand less.

You are only looking at a profit that you can smile about if you are selling up and renting or down sizing.

Originally posted by clairerob
I was just wanting to know how much peoples property has gone up in price in the S4 S5 and S6 area. I have only lived in my 2 bedroom property for a year but I keep getting excited at the thought of me making loads of money simply because of house prices gradually going up all the time.

Whereabouts in S4/S5/S6 is it? Parts of those areas can range from very nice to absolutely atrocious.

As an example, while a tiny terraced house on Popple Street, Sheffield 4 will go for between £40 and 50k, a 3 bed-semi near Whiteways school could go for between 2 and 3 times that, despite being 5 minutes walk away (up a great big hill, mind - keeps the trash away ;) )

Speaking from experience in the Page Hall / Fir Vale / Firth Park area, prices did rise considerably from year 2000 up until a year ago, then they have slowed a little.

For instance, while a large 3 bed terrace with attic bordering S4 /S5 (say the Page Hall area) would struggle to go for £20,000 back in 2000, the value will have risen by about £20,000 per year until now.

Realistically, £100,000 is the maximum that I would expect anyone to pay for living there, unless it's a particularly special property, I doubt they will rise much higher in the near future, especially as the housing market is slowing down.

The S4 and S5 charts shown in Strix's post seem to be accurate, bearing in mind they only show terraced houses.

When you come to sell, expect most of the buyers in S4 and S5 to haggle you down until the Day of Judgement, so if you want to take the risk, feel free to play one off against the other.

Mind you, unless they are buying as investment, I expect they will prefer houses with 3 bedrooms or more due to the relatively large size of their families.


Legal disclaimer:
(This advice is offered in 'good faith' and comes with no warranty; the value of your investment may go down as well as up)

I bought a house on wincobank and after spening less than £500 on it after 6 months of living there we made a profit of £20,000
We bought out second house on parson cross back in November and have made around £10,000 on it so far but we are planning to stay in this one

Originally posted by Owls
We bought out second house on parson cross back in November and have made around £10,000 on it so far but we are planning to stay in this one

Out of interest, is the new house an ex- council house?

If so, I dread to think how much the previous owner made on it :|

Originally posted by clairerob
I have only lived in my 2 bedroom property for a year but I keep getting excited at the thought of me making loads of money simply because of house prices gradually going up all the time. I just want to calm myself down and actually see how much peoples property has gone up.

Thanks:thumbsup:

Well said Pingu!
There is a positive disadvantage if house prices go up and you want to move to a better property - obviously the step up will cost you a lot more.

When we bought our first house in 1972!! it cost £5250. Next house, 5 years later cost £15250. This would have been about £7000 if we had bought that one in '72. Get my drift? It is only a bonus if you do not have to buy another or you downsize/downprice.

We bought our house last year, it was on the market for £74,950 to start with, we ended up going to £89,000 and now we are selling it for £98,000, it was on the market for £99.950 but we had to accept a lower offer simply because we dont want to hang around.

Bit further out ..... at S25.

We bought a new property 8 years ago at £98,000 sold Dec last year for £185,000

our friends bought in 2002 4 bed semi fir vale for 77k, now valued at 190k

I was just wanting to know how much peoples property has gone up in price in the S4 S5 and S6 area. I have only lived in my 2 bedroom property for a year but I keep getting excited at the thought of me making loads of money simply because of house prices gradually going up all the time. I just want to calm myself down and actually see how much peoples property has gone up.

Thanks:thumbsup:

Unless you have plans to live in a carboard box or a caravan you've made nothing.
Indeed a rise in prices just makes the next step on the ladder that much further away.

Personally, 5 years, 150% increase. I'd be happy if countrywide prices crashed back tomorrow to the day we bought it.

I bought my house in Hoyland for £33,000 5 years ago. Last week the end house in our yard (identical to mine, save for an extra bedroom) was put up for sale for £110,000.

All that site has shown me is that I couldn't afford to move to another house in the same area that I curently live in.