SR1

Real Estate Area Guide For SR1

 
 

SR1 Map

Estimated Price: £110,468
Average Asking Price: £90,762
Price change in last one year: £1,032
Average Price Paid: £66,606
Average Rent Rates: £624

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41 Eden House Road, Sunderland, SR4 7LB

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Property Prices Breakdown in SR1

Average Price for property in SR1 is around £110,468 which varies based on type of property you are interested in and ranges from £145,650 for detached house to around £100,027 for semi-detached. Similarly terraced house is around £86,566 and a flat is worth £124,912. Values have been changing and have risen £550 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £44 in last 6 months, £1,032 in last 1 year, £6,392 in last 2 years, £5,925 in last 3 years, £262 in last 4 years and £1,490 in last 5 years.

Currently average asking price of a property in SR1 is around £90,762 based on approximately 40 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £624 per month.

Estimated property value in SR1 is £110,468. Average asking price is £90,762 while average price paid is £63,446 which is up by £1,032 and Avg. asking rent £624.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 SR1 area. In last 1 year alone average price buyer paid is around £63,446 based on approximately 40 sales in SR1 area alone. If you compare it to last 3 years sales of 70 properties where buyers paid around £62,155. 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 £66,606 for 93 and average amount paid for purchase of approx. 189 properties sold in last 7 years comes to about £103,803 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 2 bedroom is around £82,125, £90,300 for a 3 bedroom house and £89,950 for a 4 bedroom house. For a flat similarly the prices varies from £51,250 for a single bedroom to £94,225 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £76,000. To sum up the asking prices for properties in SR1 it comes to around average £51,250 for 1 bedroom property, £90,192 for 2 bedroom, £86,725 for 3 bedroom and £89,950 for 4 bedroom.

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 £391 for 1 bedroom to £417 for 2 bedrooms, £651 for 3 bedrooms, £471 for 4 bedrooms and £1,495 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £408. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £519, £436 for 3 bedroom, £822 for 4 bedroom and around £423 for 5 bedroom flat. You should be generally be expecting around average £399 rent per month for single bedroom property, £504 for 2 bedroom, £579 for 3 bedroom, £646 for 4 bedroom and approximately £959 for a 5 bedroom property in SR1 area.

Popular Houses in SR1

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.

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