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Property Price Trends
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SR1 3HE Sunderland District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the SR1 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
SR1
Most Expensive Property
£850,000
Manor Hotel Athenaeum Street, SR1 1DF
Sold: 01 August 2023
Cheapest Property
£33,000
Bodlewell House 22 High Street East, SR1 2AS
Sold: 30 March 2023
£150,000
The average house price in Sunderland was £150,000 in November 2024 (provisional), up 2.3% from November 2023. This was lower than the rise in the North East (5.9%) over the same period.
£650
Private rents rose to an average of £650 in December 2024, an annual increase of 8.9% from £597 in December 2023. This was similar to the rise in the North East over the year.
£131,000
The average price paid by first-time buyers was £131,000 in November 2024 (provisional). This was 2.6% higher than the average of £128,000 in November 2023 (revised).
£156,000
For homes bought with a mortgage, the average house price was £156,000 in November 2024 (provisional). This was 2.6% higher than the average of £152,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Sunderland, E08000024). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in SR1 3HE?
The graph below shows the five-year capital growth figures for properties for the SR1 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in SR1 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Tyne and Wear?
Homebuyers
For homebuyers in Tyne and Wear, the property market offers a diverse range of options across different towns and postcode regions. In recent years, house prices in popular areas such as Newcastle upon Tyne (NE1, NE3, NE13) and Sunderland (SR1, SR6) have shown a steady increase, making them attractive investment opportunities. The average house price in Tyne and Wear is currently around £180,000, with prices varying depending on location and property type. Availability of homes in desirable areas can be limited, so buyers should be prepared to act quickly when they find a property that meets their criteria.
Renters
Rent prices in Tyne and Wear are relatively affordable compared to other UK regions, with the average monthly rent for a two-bedroom property being around £650. Popular rental areas include Gateshead (NE8, NE10) and South Shields (NE33, NE34), where demand for rental properties is high. The availability of rental homes in Tyne and Wear is generally good, with a range of options to suit different budgets and preferences. Renters looking for long-term accommodation should consider areas with good transport links and amenities.
Investors
For investors, the property market in Tyne and Wear offers potential for good returns, especially in up-and-coming areas such as Whitley Bay (NE26) and Jarrow (NE32). Rental yields in the region are competitive, with an average yield of around 5%. The demand for rental properties in Tyne and Wear is driven by a growing population and a strong rental market. Investors should conduct thorough research and work with local estate agents to identify profitable opportunities in the area.
Homebuyers
For homebuyers in Tyne and Wear, the property market offers a diverse range of options across different towns and postcode regions. In recent years, house prices in popular areas such as Newcastle upon Tyne (NE1, NE3, NE13) and Sunderland (SR1, SR6) have shown a steady increase, making them attractive investment opportunities. The average house price in Tyne and Wear is currently around £180,000, with prices varying depending on location and property type. Availability of homes in desirable areas can be limited, so buyers should be prepared to act quickly when they find a property that meets their criteria.
Renters
Rent prices in Tyne and Wear are relatively affordable compared to other UK regions, with the average monthly rent for a two-bedroom property being around £650. Popular rental areas include Gateshead (NE8, NE10) and South Shields (NE33, NE34), where demand for rental properties is high. The availability of rental homes in Tyne and Wear is generally good, with a range of options to suit different budgets and preferences. Renters looking for long-term accommodation should consider areas with good transport links and amenities.
Investors
For investors, the property market in Tyne and Wear offers potential for good returns, especially in up-and-coming areas such as Whitley Bay (NE26) and Jarrow (NE32). Rental yields in the region are competitive, with an average yield of around 5%. The demand for rental properties in Tyne and Wear is driven by a growing population and a strong rental market. Investors should conduct thorough research and work with local estate agents to identify profitable opportunities in the area.
Last updated on 30 Apr 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for SR1 3HE
Estimated yield for property investors
8.45%
Yield
The estimated yield for the SR1 3HE postcode area is 8.45%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in SR1 3HE?
The recently sold properties table lists homes around SR1 3HE that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 20 March 2024 | £125,000 | 3 Derwent Street, Sunderland, SR1 3NT | Terraced | Freehold |
Nearby sold properties | ||||
| 01 August 2023 | £850,000 | Manor Hotel Athenaeum Street, Sunderland, SR1 1DF | Other | Freehold |
| 30 March 2023 | £33,000 | Bodlewell House 22 High Street East, Sunderland, SR1 2AS | Flat/Maisonette | Leasehold |
| 24 March 2023 | £43,000 | Victoria Place 21 Murton Street, Sunderland, SR1 2RD | Flat/Maisonette | Leasehold |
Please note that house prices for properties sold in and around SR1 3HE during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
