Values have been changing and have risen £235 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £326 in last 6 months, £1,089 in last 1 year, £4,571 in last 2 years, £5,123 in last 3 years, £2,458 in last 4 years and £3,478 in last 5 years.
Currently average asking price of a property in Cranleigh Road, Sunderland, SR5 is around £101,363 based on approximately 2 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 Cranleigh Road, Sunderland, SR5 is £82,971. Average asking price is £101,363 while average price paid is £59,750 which is up by £1,089 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 Cranleigh Road, Sunderland, SR5 area. In last 1 year alone average price buyer paid is around £59,750 based on approximately 2 sales in Cranleigh Road, Sunderland, SR5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £67,833. 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 £70,862 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £74,908 per sale.