Summary
Average house prices in Sheffield peaked in 2004, according to figures from Hometrack, and have fallen from a high of [pounds]121,800 to [pounds]114,000 today.
The price of flats has fallen even further and, in common with other northern cities including Leeds and Manchester, there is a chronic oversupply and many now stand empty. The price of some new apartments has dropped by 15 per cent in 2008 alone.See the full content of this document
Extract
Sheffield Suffers From Oversupply
Sheffield and the surrounding area was hit hard by the closur...
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