House Prices in SR2 House Prices in SR2 (Sunderland)

The average house price in SR2 (Sunderland) is £161,495 using HM Land Registry data.

The average property price decreased by £13,873 (-16.97%) over the last 5 years and decreased by £2,779 (-2.73%) over the last 12 months.

Over the last year, there were 320 residential property sales – a decrease of 62 transactions (-19.38%) relative to the previous year. The majority of house sales (81) were in the £96,000 - £142,000 range. Then came properties in the £50,000 - £96,000 range, where 66 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 128 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,518 (-3%).

In January 2025, there were 73 new estate agency instructions, 52 agreed home sales and 41 property price reductions.

5-Year Average Property Prices in SR2 (Sunderland)

16.97%

Property prices in SR2 (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 SR2 (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) - January 2025

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
84 Beechbrooke, Ryhope, Sunderland, Tyne And Wear, SR2 0NZ£79,950£77,500-£2,45018 Sep 202419 Dec 202492 Days
116 Leechmere Road, Sunderland, Tyne And Wear, SR2 9JD£200,000£195,000-£5,00002 Sep 202412 Dec 2024101 Days
4 Evelyn Terrace, Sunderland, Tyne And Wear, SR2 0HB£119,950£99,950-£20,00028 Aug 202406 Dec 2024100 Days
14 Carlyon Street, Sunderland, Tyne And Wear, SR2 7DB£179,950£179,950£018 Oct 202405 Dec 202448 Days
170 Leechmere Road, Sunderland, Tyne And Wear, SR2 9JE£59,950£59,950£021 Aug 202404 Dec 2024105 Days
13 Mainsforth Terrace West, Sunderland, Tyne And Wear, SR2 8JX£90,000£90,000£027 Aug 202403 Dec 202498 Days
38 Smith Street South, Ryhope, Sunderland, Tyne And Wear, SR2 0LL£110,000£105,000-£5,00010 Sep 202429 Nov 202480 Days
27 Mariville West, Sunderland, Tyne And Wear, SR2 0QD£115,000£112,500-£2,50024 Jun 202429 Nov 2024158 Days
2 Ralph Avenue, Sunderland, Tyne And Wear, SR2 0DL£110,000£107,000-£3,00030 Aug 202425 Nov 202487 Days
24 Beechwood Street, Sunderland, Tyne And Wear, SR2 7LU£210,000£200,000-£10,00024 Nov 202322 Nov 2024364 Days
1 Thomas Street, Ryhope, Sunderland, Tyne And Wear, SR2 0RF£85,000£83,000-£2,00022 Jul 202422 Nov 2024123 Days
38 Nilverton Avenue, Sunderland, Tyne And Wear, SR2 7TS£160,000£160,000£031 May 202421 Nov 2024174 Days
4 Marina Terrace, Ryhope, Sunderland, Tyne And Wear, SR2 0PB£155,000£150,000-£5,00019 Jun 202420 Nov 2024154 Days
22 Tarn Drive, Sunderland, Tyne And Wear, SR2 9TL£249,500£247,000-£2,50017 Jun 202415 Nov 2024151 Days
Flat 25, Louise House, Victoria Court, Sunderland, Tyne And Wear, SR2 7JY£97,500£95,000-£2,50001 Feb 202415 Nov 2024288 Days
23 Park Place West, Sunderland, Tyne And Wear, SR2 8HT£245,000£245,000£012 Apr 202415 Nov 2024217 Days
4 Shakespeare Terrace, Sunderland, Tyne And Wear, SR2 7JG£165,000£165,000£029 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£027 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

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 8NFTower StreetSunderland£39,5003
SR2 8LAHendon Burn AvenueSunderland£41,40411
SR2 8LUNoble StreetSunderland£41,5669
SR2 8QBSt Leonard StreetSunderland£41,7647

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