Values have been changing and have risen £689 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £920 in last 6 months, £784 in last 1 year, £3,401 in last 2 years, £4,065 in last 3 years, £1,688 in last 4 years and £2,238 in last 5 years.
Currently average asking price of a property in Portsmouth Road, Sunderland, SR4 is around £155,402 based on approximately 2 properties for sale. Same is the case with rental options based on 197 properties up for rent, average asking rent is around £605 per month.
Estimated property value in Portsmouth Road, Sunderland, SR4 is £78,219. Average asking price is £155,402 while average price paid is £76,247 which is up by £784 and Avg. asking rent £605.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 Portsmouth Road, Sunderland, SR4 area. In last 1 year alone average price buyer paid is around £76,247 based on approximately 2 sales in Portsmouth Road, Sunderland, SR4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £60,498. 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 £65,361 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £65,361 per sale.