Yorkshire and The Humber · house prices & affordability
What it costs to buy in Sheffield
Thinking of buying in Sheffield? Start with the average price, £222,080. From there, this page works out the deposit, the monthly mortgage at the Bank of England's current quoted rate, and the household income a lender would expect, straight from official numbers, no sales pitch attached.
Data updated 2026-04
- £222,080
- Sheffield metro avg (April 2026)
- +7.2%
- Yorkshire and The Humber region YoY
- £1,141/mo
- mortgage at 4.76%, 10% deposit
- £44,000
- income a lender would want (4.5×)
According to the Bank of England and HM Land Registry, whose House Price Index draws on more than 1,000,000 registered property transactions a year, the city average price and region trend on this page use the April 2026 House Price Index release and the June 2026 Bank of England quoted-rate snapshot under the Open Government Licence. Our methodology states which geography each figure describes.
Geography used: the headline average price is the Sheffield metro figure from the metros table; the year-on-year change and trend chart are the broader Yorkshire and The Humber region House Price Index series (not a place-level YoY). Deposit, loan, and payment maths are derived from the metro price plus the Bank of England quoted rate for the matching LTV band.
The verdict
£199,872 is the loan behind Sheffield's £222,080 average home once a 10% deposit is in, and at today's 4.76% two-year fixed rate that is about £1,141 a month - the income lenders would look for sits near £44,000.
- £22,208
- 10% deposit needed
- £199,872
- loan at 90% LTV
- £1,141/mo
- over 25 years at 4.76%
- £1,259/mo
- stress-tested at 5.76%
Price: HM Land Registry (April 2026). Rate: Bank of England quoted 90% LTV two-year fix (June 2026).
House prices in the Yorkshire and The Humber
Where Sheffield sits among all 16 metros
Median house-price inventory across every tracked metro. Sheffield is marked; price level is not a quality ranking.
Sheffield vs all metros by median house price
Where this metro's median price sits among every tracked UK metro
222,080 11th of 16 higher than 5 of 16 metros
Metros, banded by median house price
Each bar is a band; taller bars hold more metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source HM Land Registry / metro price table · 2026-04
How Yorkshire and The Humber house prices changed recently
| Month | Avg price | MoM | YoY |
|---|---|---|---|
| November 2025 | £209,583 | +1.3% | +3.9% |
| December 2025 | £206,868 | -1.3% | +2.5% |
| January 2026 | £206,137 | -0.4% | +2.8% |
| February 2026 | £209,669 | +1.7% | +4.1% |
| March 2026 | £207,433 | -1.1% | -0.3% |
| April 2026 | £207,974 | +0.3% | +7.2% |
The Yorkshire and The Humber region (+7.2% YoY) is outpacing the UK national average (+3.8%) by 3.4 percentage points in the April 2026 release.
Source: HM Land Registry UK House Price Index. MoM = month-on-month change. YoY = year-on-year change. Figures are for the Yorkshire and The Humber region, not Sheffield alone.
Quoted-fix completion sheet
The mortgage maths for Sheffield SHEFFI · Sheffield 90% LTV · 2yr
Sheffield · £1,141/mo at 4.76% · vs Newcastle
- LTV Sheffield ask
- LTV 10% cash in
- LTV 90-band fix
- LTV near Newcastle
- ASK under Newcastle
- ASK 25y · stress
Figures use the published Sheffield average and the Bank of England's quoted rate: typical-buyer maths, not a personal quote. Read with Sheffield → · Model your own →
Sheffield in the price neighbourhood
Median house price (£k) among this metro and nearest nationwide price peers
- Leeds
Leeds
247 £k
- Manchester
Manchester
247 £k
- Birmingham
Birmingham
236 £k
- Sheffield
Sheffield
222 £k
- Newcastle
Newcastle
209 £k
What this shows Sheffield averages £222,080 (rank 6 of 16). Bars are £ thousands.
Where Sheffield sits in the UK metro comparison
Sheffield sits near the middle of the portal's 16-metro comparison set: 5 entries cost less and 10 cost more on average. On the price ladder Newcastle sits immediately below at £209,071 and Birmingham sits immediately above at £235,682.
Closest price-to-income multiple elsewhere: Leeds at 6.9×, against Sheffield's 6.7×.
Sheffield's average price is 6.7 times the recorded median household income of £33,000. That places it rank 6 of 16 in this dataset when lower price-to-income multiples are treated as more affordable; it is a comparison signal, not a lending decision.
Income-context sample for Sheffield
A Sheffield-keyed shuffle of every metro with recorded income. Income is a context signal from the metro dataset, not an affordability assessment for an individual household.
- Newcastle has £1,000 lower, an average price of £209,071, and a 6.5× price-to-income multiple.
- Belfast has £3,000 lower, an average price of £181,033, and a 6.0× price-to-income multiple.
- Cardiff has £1,000 higher, an average price of £271,166, and a 8.0× price-to-income multiple.
- Oxford has £9,000 higher, an average price of £475,481, and a 11.3× price-to-income multiple.
- Brighton has £7,000 higher, an average price of £406,137, and a 10.2× price-to-income multiple.
- Manchester has £3,000 higher, an average price of £247,344, and a 6.9× price-to-income multiple.
- London has £20,000 higher, an average price of £552,655, and a 10.4× price-to-income multiple.
- Cambridge has £11,000 higher, an average price of £462,145, and a 10.5× price-to-income multiple.
- Edinburgh has £7,000 higher, an average price of £295,204, and a 7.4× price-to-income multiple.
- Leeds has £3,000 higher, an average price of £246,882, and a 6.9× price-to-income multiple.
- Glasgow has the same recorded median income, an average price of £186,853, and a 5.7× price-to-income multiple.
- Liverpool has £1,000 lower, an average price of £183,615, and a 5.7× price-to-income multiple.
- Nottingham has the same recorded median income, an average price of £192,543, and a 5.8× price-to-income multiple.
- Bristol has £6,000 higher, an average price of £353,662, and a 9.1× price-to-income multiple.
- Birmingham has £1,000 higher, an average price of £235,682, and a 6.9× price-to-income multiple.
Compare Sheffield across the full metro set
Rows are ordered by a Sheffield-keyed shuffle of the full metro set so neighbouring pages do not share the same comparison order. Income multiples add a second disclosed lens from the portal's recorded metro data.
- London is price-rank 16 of 16, with an average £330,575 higher, recorded median household income of £53,000, and a 10.4× price-to-income multiple.
- Cambridge is price-rank 14 of 16, with an average £240,065 higher, recorded median household income of £44,000, and a 10.5× price-to-income multiple.
- Edinburgh is price-rank 11 of 16, with an average £73,124 higher, recorded median household income of £40,000, and a 7.4× price-to-income multiple.
- Bristol is price-rank 12 of 16, with an average £131,582 higher, recorded median household income of £39,000, and a 9.1× price-to-income multiple.
- Oxford is price-rank 15 of 16, with an average £253,401 higher, recorded median household income of £42,000, and a 11.3× price-to-income multiple.
- Brighton is price-rank 13 of 16, with an average £184,057 higher, recorded median household income of £40,000, and a 10.2× price-to-income multiple.
- Glasgow is price-rank 3 of 16, with an average £35,227 lower, recorded median household income of £33,000, and a 5.7× price-to-income multiple.
- Birmingham is price-rank 7 of 16, with an average £13,602 higher, recorded median household income of £34,000, and a 6.9× price-to-income multiple.
- Manchester is price-rank 9 of 16, with an average £25,264 higher, recorded median household income of £36,000, and a 6.9× price-to-income multiple.
- Leeds is price-rank 8 of 16, with an average £24,802 higher, recorded median household income of £36,000, and a 6.9× price-to-income multiple.
- Newcastle is price-rank 5 of 16, with an average £13,009 lower, recorded median household income of £32,000, and a 6.5× price-to-income multiple.
- Cardiff is price-rank 10 of 16, with an average £49,086 higher, recorded median household income of £34,000, and a 8.0× price-to-income multiple.
- Nottingham is price-rank 4 of 16, with an average £29,537 lower, recorded median household income of £33,000, and a 5.8× price-to-income multiple.
- Liverpool is price-rank 2 of 16, with an average £38,465 lower, recorded median household income of £32,000, and a 5.7× price-to-income multiple.
- Belfast is price-rank 1 of 16, with an average £41,047 lower, recorded median household income of £30,000, and a 6.0× price-to-income multiple.
Compare beyond geography
Nationwide peers by price & affordability multiple
Two PlainMortgage-derived comparison paths for Sheffield: nearest median house price and nearest price-to-income multiple across all 16 tracked UK metros. Regional trend charts above stay geographic; these neighbourhoods vary by metric.
Similar median house price
Nearest metros by HM Land Registry average price. This record: £222,080.
Similar price-to-income multiple
Nearest metros by average price ÷ recorded median household income. This record: 6.7×.
Source: HM Land Registry UK House Price Index 2026-04
Frequently asked questions
- What is the average house price in Sheffield?
The HM Land Registry average for Sheffield is £222,080 in the April 2026 release. It is an average transaction price for the local-authority area, not a valuation of a particular property.
- Where does Sheffield sit on the portal's metro price ladder?
Rank 6 of 16. On the price ladder Newcastle sits immediately below at £209,071 and Birmingham sits immediately above at £235,682.
- How does Sheffield compare with similarly affordable metros?
Sheffield's average price is 6.7 times its recorded median household income. The closest comparison in this portal's metro dataset is Leeds at 6.9 times income; compare the price, local income and deposit assumptions rather than treating either figure as a personal lending decision.
Every figure on PlainMortgage is rendered directly from Bank of England and HM Land Registry data, no number is typed in by an editor. This page draws directly on Bank of England and HM Land Registry source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.