Values have been changing and have risen £231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £322 in last 6 months, £1,074 in last 1 year, £4,501 in last 2 years, £5,046 in last 3 years, £2,425 in last 4 years and £3,429 in last 5 years.
Currently average asking price of a property in Clovelly Road, Sunderland, SR5 is around £101,363 based on approximately 1 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £580 per month.
Estimated property value in Clovelly Road, Sunderland, SR5 is £81,265. Average asking price is £101,363 while average price paid is £88,000 which is up by £1,074 and Avg. asking rent £580.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 Clovelly Road, Sunderland, SR5 area. In last 1 year alone average price buyer paid is around £88,000 based on approximately 1 sales in Clovelly Road, Sunderland, SR5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £67,000. 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 £70,722 for 9 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £75,333 per sale.