Values have been changing and have risen £1,609 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,125 in last 6 months, £3,495 in last 1 year, £16,818 in last 2 years, £16,731 in last 3 years, £3,908 in last 4 years and £13,340 in last 5 years.
Currently average asking price of a property in West Lawn, Sunderland, SR2 is around £153,098 based on approximately 1 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 West Lawn, Sunderland, SR2 is £387,120. Average asking price is £153,098 while average price paid is £245,000 which is up by £3,495 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 West Lawn, Sunderland, SR2 area. In last 1 year alone average price buyer paid is around £245,000 based on approximately 1 sales in West Lawn, Sunderland, SR2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £290,399. 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 £298,857 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £332,749 per sale.