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Property Price Trends
Leechmere Road, Sunderland, Tyne and Wear
SR2 9DW Sunderland District (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the SR2 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
SR2
Most Expensive Property
£1,265,662
32 Cedar Way, SR2 0GE
Sold: 15 March 2022
Cheapest Property
£5,500
73 Bowood Close, SR2 0BY
Sold: 30 June 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 SR2 9DW?
The graph below shows the five-year capital growth figures for properties for the SR2 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 SR2 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 is currently showing a mixed picture. In areas such as Newcastle upon Tyne (NE1, NE2, NE3), Sunderland (SR1, SR2, SR6), and Gateshead (NE8, NE9, NE10), house prices have been steadily increasing over the past few years. However, there is still a good level of availability in these areas, with a variety of housing stock to choose from. The popularity of these areas among homebuyers is also on the rise, as they offer good transport links, amenities, and schools. Overall, the housing market in Tyne and Wear is competitive, but there are still opportunities for homebuyers to find their dream property at a reasonable price.
Renters
For renters in Tyne and Wear, the rental market is currently quite stable. Areas such as Gateshead (NE8, NE9, NE10), Sunderland (SR1, SR2, SR6), and South Shields (NE32, NE33, NE34) offer a good range of rental properties at affordable prices. Rent prices have remained relatively consistent in these areas, with only slight increases in certain pockets. Availability of rental properties is also decent, with a mix of flats, houses, and apartments on offer. These areas are popular among renters due to their proximity to amenities, transport links, and green spaces. Overall, renters in Tyne and Wear have a good choice of properties to choose from, with competitive rental prices.
Investors
For investors in Tyne and Wear, the property market presents a lucrative opportunity. Areas such as Newcastle upon Tyne (NE1, NE2, NE3), Gateshead (NE8, NE9, NE10), and Sunderland (SR1, SR2, SR6) have seen a significant increase in property prices over the past few years, making them attractive options for investment. Rental demand in these areas is also high, with good rental yields achievable. The availability of properties for investment is decent, with a range of properties suitable for buy-to-let opportunities. These areas are popular among investors looking for long-term returns and capital growth. Overall, the property market in Tyne and Wear offers promising opportunities for investors seeking to expand their property portfolio.
Homebuyers
For homebuyers in Tyne and Wear, the property market is currently showing a mixed picture. In areas such as Newcastle upon Tyne (NE1, NE2, NE3), Sunderland (SR1, SR2, SR6), and Gateshead (NE8, NE9, NE10), house prices have been steadily increasing over the past few years. However, there is still a good level of availability in these areas, with a variety of housing stock to choose from. The popularity of these areas among homebuyers is also on the rise, as they offer good transport links, amenities, and schools. Overall, the housing market in Tyne and Wear is competitive, but there are still opportunities for homebuyers to find their dream property at a reasonable price.
Renters
For renters in Tyne and Wear, the rental market is currently quite stable. Areas such as Gateshead (NE8, NE9, NE10), Sunderland (SR1, SR2, SR6), and South Shields (NE32, NE33, NE34) offer a good range of rental properties at affordable prices. Rent prices have remained relatively consistent in these areas, with only slight increases in certain pockets. Availability of rental properties is also decent, with a mix of flats, houses, and apartments on offer. These areas are popular among renters due to their proximity to amenities, transport links, and green spaces. Overall, renters in Tyne and Wear have a good choice of properties to choose from, with competitive rental prices.
Investors
For investors in Tyne and Wear, the property market presents a lucrative opportunity. Areas such as Newcastle upon Tyne (NE1, NE2, NE3), Gateshead (NE8, NE9, NE10), and Sunderland (SR1, SR2, SR6) have seen a significant increase in property prices over the past few years, making them attractive options for investment. Rental demand in these areas is also high, with good rental yields achievable. The availability of properties for investment is decent, with a range of properties suitable for buy-to-let opportunities. These areas are popular among investors looking for long-term returns and capital growth. Overall, the property market in Tyne and Wear offers promising opportunities for investors seeking to expand their property portfolio.
Last updated on 31 Jul 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 SR2 9DW
Estimated yield for property investors
2.61%
Yield
The estimated yield for the SR2 9DW postcode area is 2.61%, 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 SR2 9DW?
The recently sold properties table lists homes around SR2 9DW 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 |
|---|---|---|---|---|
| 26 January 2024 | £194,000 | 92 Myrella Crescent, Sunderland, SR2 9DQ | Semi-Detached | Leasehold |
| 01 December 2023 | £80,000 | 104 Leechmere Road, Sunderland, SR2 9NF | Other | Freehold |
| 20 October 2023 | £158,620 | 38 Queen Alexandra Road, Sunderland, SR2 9PD | Semi-Detached | Freehold |
| 26 February 2024 | £75,000 | 4 Stockton Terrace, Sunderland, SR2 9RQ | Terraced | Freehold |
| 27 October 2023 | £147,500 | 33 Aysgarth Avenue, Sunderland, SR2 9RT | Semi-Detached | Leasehold |
| 10 November 2023 | £65,000 | 9 Haddon Road, Sunderland, SR2 9RW | Terraced | Freehold |
Nearby sold properties | ||||
| 12 January 2024 | £119,950 | 27 Rodney Close, Sunderland, SR2 0AL | Terraced | Freehold |
| 01 December 2023 | £91,000 | 8 Western Hill, Ryhope, Sunderland, SR2 0AR | Semi-Detached | Freehold |
| 01 December 2023 | £82,000 | 6 Rothbury, Sunderland, SR2 0BE | Semi-Detached | Freehold |
| 23 February 2024 | £110,000 | 27 Ryemount Road, Sunderland, SR2 0BS | Semi-Detached | Freehold |
| 23 February 2024 | £120,000 | 21 Ryemount Road, Sunderland, SR2 0BT | Semi-Detached | Freehold |
| 09 June 2023 | £6,250 | 4 Bowood Close, Sunderland, SR2 0BY | Other | Freehold |
| 30 June 2023 | £5,500 | 73 Bowood Close, Sunderland, SR2 0BY | Other | Freehold |
| 08 September 2023 | £6,000 | 67 Bowood Close, Sunderland, SR2 0BY | Other | Freehold |
| 29 February 2024 | £5,875 | 24 Highclere Drive, Sunderland, SR2 0DB | Other | Freehold |
| 08 November 2023 | £85,000 | 8 Leechmere Way, Sunderland, SR2 0DH | Semi-Detached | Freehold |
| 26 January 2024 | £115,000 | 25 Attlee Grove, Sunderland, SR2 0DJ | Semi-Detached | Freehold |
| 02 February 2024 | £102,000 | 33 Rosebank Close, Sunderland, SR2 0EE | Terraced | Freehold |
| 26 June 2020 | £169,950 | 8 Wilshire Close, Sunderland, SR2 0FD | Semi-Detached | Freehold |
| 29 May 2020 | £204,950 | 43 Windbrook, Sunderland, SR2 0FE | Detached | Freehold |
| 16 December 2022 | £484,995 | 24 Seabright Way, Ryhope, Sunderland, SR2 0FS | Detached | Freehold |
| 26 August 2022 | £344,995 | 17 Seabright Way, Ryhope, Sunderland, SR2 0FS | Detached | Freehold |
| 25 November 2022 | £279,995 | 33 Seabright Way, Ryhope, Sunderland, SR2 0FS | Detached | Freehold |
| 27 January 2023 | £404,995 | 30 Seabright Way, Ryhope, Sunderland, SR2 0FS | Detached | Freehold |
| 24 February 2023 | £459,995 | 25 Seabright Way, Ryhope, Sunderland, SR2 0FS | Detached | Freehold |
| 02 December 2022 | £107,996 | 5 Sealand Close, Ryhope, Sunderland, SR2 0FU | Detached | Freehold |
| 16 December 2022 | £227,995 | 27 Sealand Close, Ryhope, Sunderland, SR2 0FU | Semi-Detached | Freehold |
| 16 December 2022 | £116,249 | 3 Sealand Close, Ryhope, Sunderland, SR2 0FU | Detached | Freehold |
| 16 December 2022 | £229,995 | 28 Sealand Close, Ryhope, Sunderland, SR2 0FU | Semi-Detached | Freehold |
| 16 December 2022 | £299,995 | 4 Sealand Close, Ryhope, Sunderland, SR2 0FU | Detached | Freehold |
| 02 December 2022 | £289,995 | 6 Sealand Close, Ryhope, Sunderland, SR2 0FU | Detached | Freehold |
| 27 January 2023 | £308,995 | 7 Sealand Close, Ryhope, Sunderland, SR2 0FU | Detached | Freehold |
| 15 March 2022 | £1,265,662 | 32 Cedar Way, Sunderland, SR2 0GE | Other | Freehold |
| 14 December 2023 | £178,000 | 3 Stillington Close, Ryhope, Sunderland, SR2 0LQ | Semi-Detached | Freehold |
| 03 November 2023 | £95,000 | 45 Thomas Street, Ryhope, Sunderland, SR2 0RF | Terraced | Freehold |
| 01 December 2023 | £75,000 | 12 Ryhope Street South, Sunderland, SR2 0RN | Terraced | Freehold |
| 19 June 2023 | £180,000 | 20 Derby Street, Sunderland, SR2 7AB | Terraced | Freehold |
| 20 February 2024 | £215,000 | 5a The Esplanade, Sunderland, SR2 7BQ | Flat/Maisonette | Leasehold |
| 09 December 2022 | £180,000 | Hallgate House, 9 Grange Terrace, Sunderland, SR2 7DF | Terraced | Freehold |
| 11 April 2023 | £99,000 | 6 Argyle Street, Sunderland, SR2 7DH | Terraced | Freehold |
| 01 December 2023 | £150,000 | 4 Douro Terrace, Sunderland, SR2 7DX | Other | Freehold |
| 28 February 2024 | £115,250 | 10 The Grove, Sunderland, SR2 7HF | Semi-Detached | Freehold |
| 14 December 2022 | £135,000 | 3 Brookside Cottages, Sunderland, SR2 7HN | Semi-Detached | Freehold |
| 28 February 2024 | £50,500 | 1b Thornhill Park, Sunderland, SR2 7JZ | Flat/Maisonette | Leasehold |
| 30 November 2023 | £200,000 | Thornlea Court, 12 Apartment 15 Thornhill Park, Sunderland, SR2 7JZ | Flat/Maisonette | Leasehold |
| 28 February 2023 | £400,000 | 15 Thornhill Park, Sunderland, SR2 7LA | Other | Freehold |
| 03 November 2023 | £80,000 | Edward House Flat 1 Albert Court, Sunderland, SR2 7LQ | Flat/Maisonette | Leasehold |
| 06 March 2024 | £188,000 | 2 Summerhill, Sunderland, SR2 7NX | Terraced | Freehold |
| 28 November 2023 | £100,000 | 2 The Retreat, Sunderland, SR2 7PW | Terraced | Freehold |
| 29 February 2024 | £240,000 | 7 Rowlandson Terrace, Sunderland, SR2 7SU | Semi-Detached | Freehold |
| 27 October 2023 | £334,000 | 3 Cedars Park, Sunderland, SR2 7TQ | Terraced | Freehold |
| 23 February 2024 | £135,000 | 3 Langham Gate, Sunderland, SR2 8AT | Flat/Maisonette | Leasehold |
| 27 October 2023 | £129,999 | Herriot Gardens 44 Gray Road, Sunderland, SR2 8HG | Flat/Maisonette | Leasehold |
| 04 December 2023 | £35,000 | 51 Tower Street West, Sunderland, SR2 8JY | Terraced | Freehold |
| 13 March 2024 | £55,000 | 10 Hendon Valley Road, Sunderland, SR2 8LG | Semi-Detached | Freehold |
| 11 March 2024 | £65,000 | 2 Cairo Street, Hendon, Sunderland, SR2 8QH | Other | Freehold |
| 20 July 2023 | £41,000 | 148 Cairo Street, Hendon, Sunderland, SR2 8QN | Terraced | Freehold |
| 07 March 2024 | £111,600 | 74 Percy Terrace South, Sunderland, SR2 8SG | Terraced | Freehold |
Please note that house prices for properties sold in and around SR2 9DW 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
