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House Prices in SR3 House Prices in SR3 (Sunderland)

The average house price in SR3 (Sunderland) is £220,777 using HM Land Registry data.

The average property price increased by £15,640 (28.16%) over the last 5 years and increased by £3,134 (4.19%) over the last 12 months.

Over the last year, there were 268 residential property sales – a decrease of 206 transactions (-76.87%) relative to the previous year. The majority of house sales (61) were in the £114,000 - £158,000 range. Then came properties in the £70,000 - £114,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,474 (-3%).

In Oct 24, there were 86 new estate agency instructions, 56 agreed home sales and 36 property price reductions.

Nearby Postcodes: DH1, DH3, DH4, DH5, DH6, NE38, SR1, SR2, SR4, SR5, SR7, SR8

5-Year Average Property Prices in SR3 (Sunderland)

28.16%

Property prices in Sunderland increased by 28.16% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SR3 (Sunderland) Over the Last Year

4.19%

Property prices in Sunderland increased by 4.19% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SR3 (Sunderland) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SR3 (Sunderland)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SR3 (Sunderland)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SR3 (Sunderland)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SR3 (Sunderland) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SR3 postcode area since 1995.

Recent Sales in SR3 (Sunderland)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Norfolk Avenue, Sunderland, Tyne And Wear, SR3 1JY£139,995£137,500-£2,49517 May 202412 Aug 202487 Days
21 Tunstall Terrace, New Silksworth, Sunderland, Tyne And Wear, SR3 1HH£114,995£113,000-£1,99519 Aug 202329 Jul 2024345 Days
186 Queen Alexandra Road, Sunderland, Tyne And Wear, SR3 1XH£400,000£375,000-£25,00028 Feb 202418 Jul 2024141 Days
84 Longmeadows, Sunderland, Tyne And Wear, SR3 3SE£339,950£325,000-£14,95031 Jan 202405 Jul 2024156 Days
31 Summerhill, East Herrington, Sunderland, Tyne And Wear, SR3 3NJ£300,000£290,000-£10,00021 Feb 202404 Jul 2024134 Days
18 Badger Close, Sunderland, Tyne And Wear, SR3 2XF£135,000£133,500-£1,50027 Mar 202420 Jun 202485 Days
6 Cornelia Close, Sunderland, Tyne And Wear, SR3 1HS£89,950£78,000-£11,95026 Dec 202314 Jun 2024171 Days
34 Quarry Street, Sunderland, Tyne And Wear, SR3 2DS£105,000£102,000-£3,00002 Feb 202407 Jun 2024126 Days
12 Southwold Gardens, Sunderland, Tyne And Wear, SR3 1LG£145,000£145,000£0027 Jan 202407 Jun 2024132 Days
15 Noirmont Way, Sunderland, Tyne And Wear, SR3 2SS£333,000£325,000-£8,00008 Feb 202431 May 2024113 Days
12 Hallfield Close, Sunderland, Tyne And Wear, SR3 2UW£129,995£129,000-£99530 Nov 202331 May 2024183 Days
41 Abercorn Road, Sunderland, Tyne And Wear, SR3 3LG£95,000£87,600-£7,40019 Aug 202331 May 2024286 Days
6 Hillfield Gardens, Sunderland, Tyne And Wear, SR3 1LP£149,950£149,950£0016 Nov 202329 May 2024195 Days
7 Hawsker Close, Sunderland, Tyne And Wear, SR3 2YD£225,000£225,000£0006 Mar 202423 May 202478 Days
5 Mickleton Gardens, Sunderland, Tyne And Wear, SR3 1NH£220,000£215,000-£5,00007 Mar 202413 May 202467 Days
50 Summerhill, East Herrington, Sunderland, Tyne And Wear, SR3 3TW£230,000£220,300-£9,70029 Nov 202310 May 2024163 Days
18 Crosslea Avenue, Sunderland, Tyne And Wear, SR3 1LT£269,950£265,000-£4,95028 Sep 202310 May 2024225 Days
120 Telford Road, Sunderland, Tyne And Wear, SR3 4JE£129,950£128,000-£1,95012 Jan 202410 May 2024119 Days
9 Danby Close, Sunderland, Tyne And Wear, SR3 2DB£165,000£165,000£0028 Feb 202401 May 202463 Days
13 Holme Gardens, Sunderland, Tyne And Wear, SR3 1YE£165,000£150,000-£15,00025 Jan 202426 Apr 202492 Days

Most Expensive Streets in SR3 (Sunderland)

PostcodeStreetAreaAverageNo. of Sales
SR3 1AESpire ViewSunderland£565,0003
SR3 1UYThomas Hawksley ParkSunderland£488,9905
SR3 2PGSilksworth Hall DriveSunderland£436,4005
SR3 2DDLeighfield DriveSunderland£412,85596
SR3 3SWElmfield CloseSunderland£393,6663
SR3 2AEOak Tree Drive, New SilksworthSunderland£391,6663
SR3 2PWThe FoldSunderland£373,5003
SR3 3NFBridle PathSunderland£372,5003
SR3 2PNLodgeside MeadowSunderland£371,9013
SR3 3TQFoxcover LaneSunderland£366,8005

Least Expensive Streets in SR3 (Sunderland)

PostcodeStreetAreaAverageNo. of Sales
SR3 4EASpringwell RoadSunderland£41,6333
SR3 3HNAydon House, FarringdonSunderland£42,7503
SR3 3HHBelsay House, Castle GreenSunderland£54,1663
SR3 2TJAspen CourtSunderland£56,2374
SR3 1BSSomerset StreetSunderland£56,3754
SR3 2QRMaltby CloseSunderland£60,5006
SR3 2DZAline StreetSunderland£61,0003
SR3 2RQMilrig CloseSunderland£63,1005
SR3 1BXSomerset CottagesSunderland£63,7147
SR3 3EGAberdare Road, FarringdonSunderland£64,3163

Explore SR3 (Sunderland) using map

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