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House Prices in SR2 House Prices in SR2 (Sunderland)

The average house price in SR2 (Sunderland) is £151,713 using HM Land Registry data.

The average property price decreased by £10,858 (-16.97%) over the last 5 years and decreased by £2,176 (-2.73%) over the last 12 months.

Over the last year, there were 313 residential property sales – a decrease of 84 transactions (-26.84%) relative to the previous year. The majority of house sales (77) were in the £104,000 - £148,000 range. Then came properties in the £60,000 - £104,000 range, where 71 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,617 (-3%).

In Dec 24, there were 41 new estate agency instructions, 21 agreed home sales and 26 property price reductions.

Nearby Postcodes: DH4, DH5, DH6, NE38, SR1, SR3, SR4, SR5, SR6, SR7, SR8

5-Year Average Property Prices in SR2 (Sunderland)

16.97%

Property prices in Sunderland increased by 16.97% 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 SR2 (Sunderland) Over the Last Year

2.73%

Property prices in Sunderland increased by 2.73% 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 SR2 (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 SR2 (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 SR2 (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 SR2 (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 SR2 (Sunderland) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SR2 postcode area since 1995.

Recent Sales in SR2 (Sunderland)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Ralph Avenue, Sunderland, Tyne And Wear, SR2 0DL£110,000£107,000-£3,00030 Aug 202425 Nov 202487 Days
4 Marina Terrace, Ryhope, Sunderland, Tyne And Wear, SR2 0PB£155,000£150,000-£5,00019 Jun 202420 Nov 2024154 Days
4 Shakespeare Terrace, Sunderland, Tyne And Wear, SR2 7JG£165,000£165,000£0029 Jun 202429 Oct 2024122 Days
84 Bevan Avenue, Sunderland, Tyne And Wear, SR2 0JH£170,000£163,000-£7,00029 May 202425 Oct 2024149 Days
25 Tower Street, Sunderland, Tyne And Wear, SR2 8NF£34,500£34,500£0027 Mar 202425 Oct 2024212 Days
16 Napoleon Close, Ryhope, Sunderland, Tyne And Wear, SR2 0TH£169,950£159,000-£10,95005 Aug 202418 Oct 202474 Days
Apartment 8, Stanfield House, Gray Road, Sunderland, Tyne And Wear, SR2 8JP£87,995£85,000-£2,99505 May 202317 Oct 2024531 Days
107 Dunelm South, Sunderland, Tyne And Wear, SR2 7QY£279,950£279,950£0002 Aug 202417 Oct 202476 Days
9 Hunter Terrace, Sunderland, Tyne And Wear, SR2 8SD£169,950£162,000-£7,95004 Mar 202416 Oct 2024226 Days
50 Beecholm Court, Sunderland, Tyne And Wear, SR2 7UB£95,000£95,000£0015 Jul 202410 Oct 202487 Days
76 Lynthorpe, Sunderland, Tyne And Wear, SR2 0EY£118,000£116,000-£2,00018 Jul 202408 Oct 202482 Days
33 Regent Terrace, Sunderland, Tyne And Wear, SR2 9QN£75,000£68,000-£7,00020 Apr 202404 Oct 2024167 Days
39a, Aylesford Mews, Sunderland, Tyne And Wear, SR2 9HY£110,000£105,000-£5,00028 Feb 202407 Aug 2024161 Days
10 Leighton Road, Sunderland, Tyne And Wear, SR2 9HQ£270,000£260,000-£10,00011 May 202406 Aug 202487 Days
28 Ennerdale, Sunderland, Tyne And Wear, SR2 7HR£174,950£168,500-£6,45006 Apr 202402 Aug 2024118 Days
29 Aylesford Mews, Sunderland, Tyne And Wear, SR2 9HY£85,000£82,000-£3,00002 Mar 202402 Aug 2024153 Days
21 Valebrooke Avenue, Sunderland, Tyne And Wear, SR2 7HS£280,000£280,000£0030 Mar 202402 Aug 2024125 Days
19 Valebrooke Avenue, Sunderland, Tyne And Wear, SR2 7HS£249,950£249,950£0019 Apr 202402 Aug 2024105 Days
12 Cuba Street, Sunderland, Tyne And Wear, SR2 8RU£190,000£183,000-£7,00019 Feb 202401 Aug 2024164 Days
15 Sea View Street, Sunderland, Tyne And Wear, SR2 9QX£84,950£82,000-£2,95008 Feb 202412 Jul 2024155 Days

Most Expensive Streets in SR2 (Sunderland)

PostcodeStreetAreaAverageNo. of Sales
SR2 7BYElms WestSunderland£450,0004
SR2 0FYKirkland Road, RyhopeSunderland£437,7955
SR2 7JLThornhill TerraceSunderland£410,0003
SR2 0LHFulbroke Close, RyhopeSunderland£390,6663
SR2 8HXMowbray RoadSunderland£385,0004
SR2 0FQHartland Close, RyhopeSunderland£384,40219
SR2 7RGRydale ParkSunderland£345,8333
SR2 7TQCedars ParkSunderland£334,6663
SR2 0PFThe Village, RyhopeSunderland£326,5003
SR2 7TUGlen PathSunderland£325,4004

Least Expensive Streets in SR2 (Sunderland)

PostcodeStreetAreaAverageNo. of Sales
SR2 7PDMayfair Buildings, Durham RoadSunderland£30,0663
SR2 0DYEdgmond CourtSunderland£33,2503
SR2 8QNCairo StreetSunderland£34,8754
SR2 8NDRidley TerraceSunderland£37,0003
SR2 8QESt Leonard StreetSunderland£38,3889
SR2 8PWCanon Cockin StreetSunderland£39,1905
SR2 8LAHendon Burn AvenueSunderland£41,40411
SR2 8LUNoble StreetSunderland£41,5669
SR2 8QBSt Leonard StreetSunderland£41,7647
SR2 8JYTower Street WestSunderland£42,2859

Explore SR2 (Sunderland) using map

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