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Sunderland House Prices Sunderland House Prices

The average house price in Sunderland is £133,086 using HM Land Registry data.

The average property price increased by £34,006 (24.81%) over the last 5 years and increased by £6,796 (4.14%) over the last 12 months.

Over the last year, there were 1,429 residential property sales – a decrease of 868 transactions (-60.74%) relative to the previous year. The majority of house sales (347) were in the £100,000 - £140,000 range. Then came properties in the £60,000 - £100,000 range, where 298 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,999 (-2%).

In April 2024, there were 288 new estate agency instructions, 204 agreed home sales and 123 property price reductions.

Neighbouring Areas: Washington

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

5-Year Average Property Prices in Sunderland

24.81%

Property prices in Sunderland increased by 24.81% 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

4.14%

Property prices in Sunderland increased by 4.14% 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 - April 2024

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 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
143 Atkinson Road, Sunderland, Tyne And Wear, SR6 9AY£137,500£135,000-£2,50031 Oct 202327 Mar 2024148 Days
85 Dovedale Road, Sunderland, Tyne And Wear, SR6 8LS£229,950£215,000-£14,95004 Oct 202308 Mar 2024156 Days
20 Canterbury Road, Sunderland, Tyne And Wear, SR5 3LD£100,000£100,000£0020 Oct 202304 Mar 2024136 Days
2 Woodville Crescent, Sunderland, Tyne And Wear, SR4 8RD£299,950£299,950£0005 Feb 202401 Mar 202425 Days
33 Mulgrave Drive, Sunderland, Tyne And Wear, SR6 0QB£175,000£175,000£0008 Sep 202301 Mar 2024175 Days
18 Corbiere Close, Sunderland, Tyne And Wear, SR3 2SP£279,950£277,500-£2,45009 Oct 202301 Mar 2024144 Days
173 Sea Road, Sunderland, Tyne And Wear, SR6 9EB£164,950£164,000-£95015 Jan 202029 Feb 20241506 Days
35 Fairlands East, Sunderland, Tyne And Wear, SR6 9QX£130,000£125,000-£5,00014 Dec 202326 Feb 202474 Days
38 Queens Avenue, Sunderland, Tyne And Wear, SR6 8DL£284,950£275,000-£9,95019 Sep 202323 Feb 2024157 Days
24 Brignall Rise, Sunderland, Tyne And Wear, SR3 1PS£249,995£235,000-£14,99504 Jul 202323 Feb 2024234 Days
21 Ryemount Road, Sunderland, Tyne And Wear, SR2 0BT£125,000£120,000-£5,00031 May 202323 Feb 2024268 Days
5a, The Esplanade, Sunderland, Tyne And Wear, SR2 7BQ£220,000£215,000-£5,00012 Jul 202320 Feb 2024223 Days
13 Derry Avenue, Sunderland, Tyne And Wear, SR6 8EZ£197,950£195,000-£2,95030 Oct 202319 Feb 2024112 Days
10 Boston Crescent, Sunderland, Tyne And Wear, SR5 4QS£124,950£124,950£0011 Aug 202316 Feb 2024189 Days
40 Edward Street, Silksworth, Sunderland, Tyne And Wear, SR3 1EW£110,000£108,000-£2,00012 Oct 202316 Feb 2024127 Days
Sulby Lodge, Ashbrooke Range, Sunderland, Tyne And Wear, SR2 7TR£480,000£470,000-£10,00014 Apr 202315 Feb 2024307 Days
36 Hurstwood Road, Sunderland, Tyne And Wear, SR4 7LE£132,000£123,200-£8,80004 Jul 202309 Feb 2024220 Days
30 Ewesley Road, Sunderland, Tyne And Wear, SR4 7RJ£229,995£229,995£0003 Oct 202309 Feb 2024129 Days
39 Laburnum Road, Sunderland, Tyne And Wear, SR6 9RW£135,000£132,000-£3,00024 Oct 202309 Feb 2024108 Days
3 Bordeaux Close, Sunderland, Tyne And Wear, SR3 2SR£370,000£350,000-£20,00028 Jul 202309 Feb 2024196 Days

Most Expensive Streets in Sunderland

PostcodeStreetAreaAverageNo. of Sales
SR6 8JJThe SquareSunderland£608,3333
SR3 1AESpire ViewSunderland£565,0003
SR6 9NSCliffe ParkSunderland£553,3336
SR3 1UYThomas Hawksley ParkSunderland£488,9905
SR6 9LZRavine TerraceSunderland£486,0003
SR6 9PLRoker Park RoadSunderland£485,3663
SR3 3NPSteephillSunderland£470,8333
SR6 9PGRoker Park RoadSunderland£459,2315
SR2 0FYKirkland RoadRyhope£437,7955
SR3 2PGSilksworth Hall DriveSunderland£436,4005

Least Expensive Streets in Sunderland

PostcodeStreetAreaAverageNo. of Sales
SR6 0DNAll Saints HousePortobello Lane£25,2287
SR1 2AYQuayside HouseHigh Street East, Sunderland£30,0003
SR5 4PBKing James CourtSunderland£33,2506
SR2 0DYEdgmond CourtSunderland£33,2503
SR5 2JWThompson RoadSunderland£33,6663
SR5 4PAKing Henry CourtSunderland£34,4688
SR2 8QNCairo StreetSunderland£34,8336
SR5 3AYDene MewsSunderland£36,0003
SR2 8NDRidley TerraceSunderland£37,3333
SR2 8PWCanon Cockin StreetSunderland£37,7504

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