Park Avenue, Sunderland, SR6

Street Guide For Park Avenue, Sunderland, SR6

 
 

Park Avenue, Sunderland, SR6 Map

Estimated Price: £262,746
Average Asking Price: £245,910
Price change in last one year: £6,018
Average Price Paid: £202,500
Average Rent Rates: £518

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41 Eden House Road, Sunderland, SR4 7LB

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Property Prices Breakdown in Park Avenue, Sunderland, SR6

Average Price for property in Park Avenue, Sunderland, SR6 is around £262,746 which varies based on type of property you are interested in and ranges from £278,624 for detached house to around £262,996 for semi-detached. Similarly terraced house is around £258,871. Values have been changing and have risen £1,164 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £737 in last 6 months, £6,018 in last 1 year, £14,947 in last 2 years, £17,047 in last 3 years, £6,615 in last 4 years and £10,236 in last 5 years.

Currently average asking price of a property in Park Avenue, Sunderland, SR6 is around £245,910 based on approximately 0 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £518 per month.

Estimated property value in Park Avenue, Sunderland, SR6 is £262,746. Average asking price is £245,910 while average price paid is £202,500 which is up by £17,047 and Avg. asking rent £518.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 Park Avenue, Sunderland, SR6 area. In last 3 years alone average price buyer paid is around £202,500 based on approximately 1 sales in Park Avenue, Sunderland, SR6 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £202,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £198,750 for 2 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £65,833, £162,890 for a 2 bedroom house, £215,057 for a 3 bedroom house, £372,296 for a 4 bedroom house and £530,714 for a 5 bedroom house. For a flat similarly the prices varies from £76,404 for a single bedroom to £135,396 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £120,380. To sum up the asking prices for properties in Park Avenue, Sunderland, SR6 it comes to around average £74,290 for 1 bedroom property, £143,033 for 2 bedroom, £207,034 for 3 bedroom, £372,296 for 4 bedroom and £530,714 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £238 for 1 bedroom to £547 for 2 bedroom, £581 for 3 bedroom and £750 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £390. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £525 and £495 for 3 bedroom. You should be generally be expecting around average £276 rent per month for single bedroom property, £533 for 2 bedroom, £555 for 3 bedroom and approximately £750 for 5 bedroom property in Park Avenue, Sunderland, SR6 area.

Popular Houses in Park Avenue, Sunderland, SR6

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Park Avenue, Sunderland, SR6