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House Prices in SR5 House Prices in SR5 (Sunderland)

The average house price in SR5 (Sunderland) is £123,499 using HM Land Registry data.

The average property price increased by £25,525 (4.33%) over the last 5 years and increased by £5,114 (0.76%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 112 transactions (-64.00%) relative to the previous year. The majority of house sales (65) were in the £90,000 - £130,000 range. Then came properties in the £50,000 - £90,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,081 (-2%).

In Dec 24, there were 23 new estate agency instructions, 22 agreed home sales and 16 property price reductions.

Nearby Postcodes: DH3, DH4, NE10, NE31, NE32, NE34, NE35, NE36, NE37, NE38, NE9, SR1, SR2, SR3, SR4, SR6

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) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
27 Newcastle Road, Sunderland, Tyne And Wear, SR5 1JA£175,000£175,000£0030 Jul 202415 Nov 2024108 Days
36 Calthwaite Close, Sunderland, Tyne And Wear, SR5 3QR£225,000£220,000-£5,00029 Jul 202415 Nov 2024109 Days
15 Charlton Road, Sunderland, Tyne And Wear, SR5 1PH£275,000£265,000-£10,00004 Apr 202411 Nov 2024221 Days
41 Caspian Road, Sunderland, Tyne And Wear, SR5 3SE£145,000£145,000£0026 Apr 202430 Oct 2024187 Days
5 Wearmouth Drive, Sunderland, Tyne And Wear, SR5 1LX£220,000£200,000-£20,00022 May 202425 Oct 2024156 Days
30 Redmond Road, Sunderland, Tyne And Wear, SR5 5PL£152,500£135,000-£17,50021 Dec 202318 Oct 2024302 Days
20 Helmesley Court, Sunderland, Tyne And Wear, SR5 5HH£169,000£160,500-£8,50028 May 202418 Oct 2024143 Days
24 Honister Drive, Sunderland, Tyne And Wear, SR5 1PA£335,000£312,000-£23,00006 Mar 202403 Oct 2024211 Days
3 Rutherglen Road, Sunderland, Tyne And Wear, SR5 5LW£139,950£138,950-£1,00009 May 202403 Oct 2024147 Days
28 Broadsheath Terrace, Sunderland, Tyne And Wear, SR5 2EW£82,500£82,500£0012 Jun 202401 Oct 2024111 Days
44 Calthwaite Close, Sunderland, Tyne And Wear, SR5 3QR£210,000£210,000£0004 Apr 202427 Sep 2024176 Days
48 Cranberry Road, Sunderland, Tyne And Wear, SR5 3PJ£135,000£135,000£0027 Mar 202427 Sep 2024184 Days
18 Radcliffe Road, Sunderland, Tyne And Wear, SR5 5RG£120,000£120,000£0024 Apr 202423 Sep 2024152 Days
15 Bayswater Avenue, Sunderland, Tyne And Wear, SR5 4EF£139,950£139,950£0010 Jun 202423 Sep 2024105 Days
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

Most Expensive Streets in SR5 (Sunderland)

PostcodeStreetAreaAverageNo. of Sales
SR5 1RLHerbert TerraceSunderland£259,1663
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 1NHKirkstone AvenueSunderland£239,3336
SR5 1PSShotley AvenueSunderland£237,5004

Least Expensive Streets in SR5 (Sunderland)

PostcodeStreetAreaAverageNo. of Sales
SR5 4PBKing James CourtSunderland£33,2506
SR5 2JWThompson RoadSunderland£33,6663
SR5 4PAKing Henry CourtSunderland£35,2577
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

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