Values have been changing and have risen £483 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £340 in last 6 months, £1,053 in last 1 year, £5,063 in last 2 years, £5,042 in last 3 years, £1,192 in last 4 years and £4,030 in last 5 years.
Currently average asking price of a property in Riversdale Terrace, Sunderland, SR2 is around £153,098 based on approximately 3 properties for sale. Same is the case with rental options based on 318 properties up for rent, average asking rent is around £625 per month.
Estimated property value in Riversdale Terrace, Sunderland, SR2 is £111,153. Average asking price is £153,098 while average price paid is £110,165 which is up by £1,053 and Avg. asking rent £625.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 Riversdale Terrace, Sunderland, SR2 area. In last 1 year alone average price buyer paid is around £110,165 based on approximately 3 sales in Riversdale Terrace, Sunderland, SR2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £100,415. 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 £118,727 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £126,281 per sale.