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Sunderland House Prices Sunderland House Prices

The average house price in Sunderland is £155,855 using HM Land Registry data.

The average property price increased by £30,520 (21.8%) over the last 5 years and increased by £6,101 (3.71%) over the last 12 months.

Over the last year, there were 1,568 residential property sales – a decrease of 674 transactions (-42.98%) relative to the previous year. The majority of house sales (378) were in the £100,000 - £140,000 range. Then came properties in the £60,000 - £100,000 range, where 303 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,999 (-2%).

In Oct 24, there were 300 new estate agency instructions, 248 agreed home sales and 154 property price reductions.

Neighbouring Areas: Washington

Postcodes Covered: SR1, SR2, SR3, SR4, SR5, SR6

5-Year Average Property Prices in Sunderland

21.8%

Property prices in Sunderland increased by 21.8% 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 Sunderland Over the Last Year

3.71%

Property prices in Sunderland increased by 3.71% 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 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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 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 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 Sunderland since 1995

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

Recent Property Sales in Sunderland

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Barnard Street, Sunderland, Tyne And Wear, SR4 7RX£164,950£161,000-£3,95002 May 202427 Aug 2024117 Days
10 Glenthorne Road, Sunderland, Tyne And Wear, SR6 9TE£159,950£158,640-£1,31022 Apr 202420 Aug 2024120 Days
48 Torver Crescent, Sunderland, Tyne And Wear, SR6 8LF£209,950£205,000-£4,95016 Feb 202420 Aug 2024186 Days
34 Queens Crescent, Sunderland, Tyne And Wear, SR4 7JN£135,000£135,000£0023 Apr 202416 Aug 2024115 Days
17 Mortimer Street, Sunderland, Tyne And Wear, SR4 6RA£45,000£39,995-£5,00529 Feb 202416 Aug 2024169 Days
9 Sea View Gardens, Sunderland, Tyne And Wear, SR6 9PN£379,950£379,950£0009 May 202414 Aug 202497 Days
8 Galway Square, Sunderland, Tyne And Wear, SR4 8JY£105,000£103,500-£1,50012 Jun 202413 Aug 202462 Days
13 Norfolk Avenue, Sunderland, Tyne And Wear, SR3 1JY£139,995£137,500-£2,49517 May 202412 Aug 202487 Days
3 Shannon Close, Sunderland, Tyne And Wear, SR5 3DJ£160,000£160,000£0030 Apr 202409 Aug 2024101 Days
40 Geddes Road, Sunderland, Tyne And Wear, SR4 8JW£99,950£99,950£0026 Feb 202409 Aug 2024165 Days
22 Laburnum Road, Sunderland, Tyne And Wear, SR6 9RN£149,950£146,000-£3,95012 Apr 202409 Aug 2024119 Days
30 Denbigh Avenue, Sunderland, Tyne And Wear, SR6 8HQ£250,000£250,000£0018 Mar 202409 Aug 2024144 Days
33 Killarney Avenue, Sunderland, Tyne And Wear, SR5 4AX£110,000£105,000-£5,00017 May 202408 Aug 202483 Days
46 Sandringham Road, Sunderland, Tyne And Wear, SR6 9QZ£150,000£150,000£0010 May 202408 Aug 202490 Days
18 Sandringham Terrace, Sunderland, Tyne And Wear, SR6 9RA£89,950£86,000-£3,95008 Apr 202408 Aug 2024122 Days
79 Annie Street, Sunderland, Tyne And Wear, SR6 9BJ£179,950£179,950£0005 Feb 202408 Aug 2024185 Days
7 Cossack Terrace, Sunderland, Tyne And Wear, SR4 6SZ£99,950£95,000-£4,95019 Mar 202407 Aug 2024141 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
14 The Broadway, Sunderland, Tyne And Wear, SR4 8LS£229,950£228,000-£1,95007 Nov 202302 Aug 2024269 Days

Most Expensive Streets in Sunderland

PostcodeStreetAreaAverageNo. of Sales
SR6 9NSCliffe ParkSunderland£581,0005
SR3 1AESpire ViewSunderland£565,0003
SR3 1UYThomas Hawksley ParkSunderland£488,9905
SR6 9LZRavine TerraceSunderland£486,0003
SR6 9PLRoker Park RoadSunderland£485,3663
SR6 9PGRoker Park RoadSunderland£459,2315
SR2 0FYKirkland RoadRyhope£437,7955
SR3 2PGSilksworth Hall DriveSunderland£436,4005
SR6 9LYRoker Park TerraceSunderland£416,8256
SR3 2DDLeighfield DriveSunderland£412,85596

Least Expensive Streets in Sunderland

PostcodeStreetAreaAverageNo. of Sales
SR6 0DNAll Saints HousePortobello Lane£24,3205
SR1 2AYQuayside HouseHigh Street East, Sunderland£30,0003
SR2 7PDMayfair BuildingsDurham Road£30,0663
SR5 4PBKing James CourtSunderland£33,2506
SR2 0DYEdgmond CourtSunderland£33,2503
SR5 2JWThompson RoadSunderland£33,6663
SR5 4PAKing Henry CourtSunderland£33,9758
SR2 8QNCairo StreetSunderland£35,8005
SR2 8NDRidley TerraceSunderland£37,0003
SR2 8QESt Leonard StreetSunderland£38,3889

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