Values have been changing and have risen £106 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,384 in last 6 months, £1,155 in last 1 year, £6,866 in last 2 years, £5,966 in last 3 years, £2,630 in last 4 years and £3,312 in last 5 years.
Currently average asking price of a property in Plough Road, Sunderland, SR3 is around £172,260 based on approximately 1 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £530 per month.
Estimated property value in Plough Road, Sunderland, SR3 is £118,316. Average asking price is £172,260 while average price paid is £114,000 which is up by £1,155 and Avg. asking rent £530.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 Plough Road, Sunderland, SR3 area. In last 1 year alone average price buyer paid is around £114,000 based on approximately 1 sales in Plough Road, Sunderland, SR3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £114,100. 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 £111,556 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £113,495 per sale.