Average Price for property in Sunderland is around £139,116 which varies based on type of property you are interested in and ranges from £270,173 for detached house to around £142,369 for semi-detached. Similarly terraced house is around £103,070 and a flat is worth £117,662. Values have been changing and have risen £160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,113 in last 6 months, £1,346 in last 1 year, £8,492 in last 2 years, £8,269 in last 3 years, £7,475 in last 4 years and £6,995 in last 5 years.
Currently average asking price of a property in Sunderland is around £166,131 based on approximately 1,668 properties for sale. Same is the case with rental options based on 762 properties up for rent, average asking rent is around £611 per month.
Estimated property value in Sunderland is £139,116. Average asking price is £166,131 while average price paid is £128,059 which is up by £1,346 and Avg. asking rent £611.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Sunderland area. In last 1 year alone average price buyer paid is around £128,059 based on approximately 1,668 sales in Sunderland area alone. If you compare it to last 3 years sales of 4,845 properties where buyers paid around £125,208. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £125,923 for 7,784 and average amount paid for purchase of approx. 10,832 properties sold in last 7 years comes to about £125,872 per sale.