House Prices in SR5 House Prices in SR5 (Sunderland)

The average house price in SR5 (Sunderland) is £188,206 using HM Land Registry data.

The average property price increased by £27,617 (4.33%) over the last 5 years and increased by £5,534 (0.76%) over the last 12 months.

Over the last year, there were 171 residential property sales – a decrease of 129 transactions (-75.44%) relative to the previous year. The majority of house sales (61) were in the £90,000 - £130,000 range. Then came properties in the £50,000 - £90,000 range, where 37 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,690 (-3%).

In Oct 24, there were 31 new estate agency instructions, 29 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in SR5 (Sunderland)

4.33%

Property prices in Sunderland increased by 4.33% 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 SR5 (Sunderland) Over the Last Year

0.76%

Property prices in Sunderland increased by 0.76% 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 SR5 (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 SR5 (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 SR5 (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 SR5 (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 SR5 (Sunderland) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SR5 postcode area since 1995.

Recent Sales in SR5 (Sunderland)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Shannon Close, Sunderland, Tyne And Wear, SR5 3DJ£160,000£160,000£0030 Apr 202409 Aug 2024101 Days
33 Killarney Avenue, Sunderland, Tyne And Wear, SR5 4AX£110,000£105,000-£5,00017 May 202408 Aug 202483 Days
26 Middleham Court, Sunderland, Tyne And Wear, SR5 5HQ£125,000£115,000-£10,00002 May 202431 Jul 202490 Days
40 Tollerton Drive, Sunderland, Tyne And Wear, SR5 3DQ£269,950£269,950£0011 Mar 202426 Jul 2024137 Days
Burnhope House, Viewforth Terrace, Sunderland, Tyne And Wear, SR5 1PZ£560,000£450,000-£110,00022 Apr 202319 Jul 2024454 Days
161 Newcastle Road, Sunderland, Tyne And Wear, SR5 1JN£249,995£246,995-£3,00030 Nov 202315 Jul 2024228 Days
26 Kirkstone Avenue, Sunderland, Tyne And Wear, SR5 1NQ£210,000£200,000-£10,00014 Jan 202421 Jun 2024159 Days
9 Amy Street, Sunderland, Tyne And Wear, SR5 1SA£70,000£68,000-£2,00008 Dec 202317 Jun 2024192 Days
3 Canterbury Road, Sunderland, Tyne And Wear, SR5 3LD£90,000£90,000£0019 Apr 202307 Jun 2024415 Days
15 Grange Park Avenue, Sunderland, Tyne And Wear, SR5 1NS£239,950£239,950£0026 Feb 202431 May 202495 Days
11 Cranberry Square, Sunderland, Tyne And Wear, SR5 3PH£100,000£96,000-£4,00030 Oct 202330 May 2024213 Days
25 Exmouth Street, Sunderland, Tyne And Wear, SR5 2RE£115,000£115,000£0001 Nov 202324 May 2024205 Days
17 Gordon Terrace, Sunderland, Tyne And Wear, SR5 2DW£130,000£125,000-£5,00019 Sep 202310 May 2024234 Days
7 Bayswater Square, Sunderland, Tyne And Wear, SR5 4HQ£129,950£127,500-£2,45021 Aug 202303 May 2024256 Days
25 Rotherfield Square, Sunderland, Tyne And Wear, SR5 5DQ£100,000£92,000-£8,00016 Feb 202419 Apr 202463 Days
27 Trinity Street, Sunderland, Tyne And Wear, SR5 2EG£49,950£49,950£0029 Jan 202417 Apr 202479 Days
102 Plumtree Avenue, Sunderland, Tyne And Wear, SR5 5TX£139,950£137,000-£2,95026 Sep 202316 Apr 2024203 Days
76 Hylton Castle Road, Sunderland, Tyne And Wear, SR5 3EF£110,000£110,000£0029 Nov 202305 Apr 2024128 Days
93 Eglinton Street, Sunderland, Tyne And Wear, SR5 1DS£99,950£99,950£0012 Oct 202328 Mar 2024168 Days
21 Eglinton Street North, Sunderland, Tyne And Wear, SR5 1DY£95,000£95,000£0013 Dec 202327 Mar 2024105 Days

Most Expensive Streets in SR5 (Sunderland)

PostcodeStreetAreaAverageNo. of Sales
SR5 1RLHerbert TerraceSunderland£259,1663
SR5 1PSShotley AvenueSunderland£258,3333
SR5 1NUGrange ViewSunderland£258,3333
SR5 1NQKirkstone AvenueSunderland£257,8333
SR5 1PTBlanchland DriveSunderland£252,2126
SR5 1PHCharlton RoadSunderland£248,8333
SR5 3FPLaing CloseSunderland£247,14520
SR5 1NSGrange Park AvenueSunderland£244,1009
SR5 1QBEston GroveSunderland£243,7504
SR5 1NWNewcastle RoadSunderland£240,1663

Least Expensive Streets in SR5 (Sunderland)

PostcodeStreetAreaAverageNo. of Sales
SR5 4PBKing James CourtSunderland£33,2506
SR5 2JWThompson RoadSunderland£33,6663
SR5 4PAKing Henry CourtSunderland£33,9758
SR5 2QSEarlston StreetSunderland£39,0504
SR5 2LETennyson StreetSunderland£45,9833
SR5 1HQSouthwick RoadSunderland£46,3163
SR5 2ATKipling StreetSunderland£46,9003
SR5 1SBFrank StreetSunderland£49,9874
SR5 2RNCarley RoadSunderland£53,3333
SR5 2EBAbbay StreetSunderland£55,3124

Explore SR5 (Sunderland) using map