Housing Market Analysis for OTTO TERRACE, SR2 7LN

Are you looking to understand SR2 7LN house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Sunderland postcode.

For the location information and nearby amenities in the SR2 7LN area, explore the SR2 7LN Area information page.
For comprehensive crime statistics in the SR2 7LN area, explore the SR2 7LN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR2 7LN postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £122,985 median price is £111,475 Standard Deviation is £73,591 with Total Sold: 10
    • The Last 5 Year average price is £150,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 OTTO TERRACE: £150,000 (Sold on 28 Jun 2019)
    • The first recorded sale happened at this postcode is 15 OTTO TERRACE: £53,000 (Sold on 10 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SR2 7LN house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£150,000 £968 1
2017£142,000 £823 1
2014£124,950 £806 1
2011£98,000 £568 1
2008£249,950 £922 1
2005£249,950 £922 1
2002£69,000 £400 1
2000£65,000 £240 1
1997£28,000 £181 1
1995£53,0001

All the Sales in the OTTO TERRACE, SR2 7LN

See the table below for more details on the sold house prices in the SR2 7LN, Sunderland postcode.

AddressSold DatePrice% Change
9 OTTO TERRACETerraced, FreeholdArea: 155 Sq.mtrAge: 1900-192928 Jun 2019£150,00020.05%
18 Jul 2014£124,950346.25%
07 Nov 1997£28,000First Sale
13 OTTO TERRACETerraced, FreeholdArea: 172.51 Sq.mtrAge: 1930-194906 Jan 2017£142,00044.90%
18 Apr 2011£98,00042.03%
19 Jul 2002£69,000First Sale
7 OTTO TERRACETerraced, FreeholdArea: 271 Sq.mtrAge: before 190031 Oct 2008£249,9500.0
18 Apr 2005£249,950284.54%
18 Dec 2000£65,000First Sale
15 OTTO TERRACETerraced, Freehold10 Nov 1995£53,000First Sale

Check out the sold house prices near the SR2 7LN postcode. Properties currently for saleProperties currently for rent

OTTO TERRACE, SR2 7LN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR2 7LN postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SR2 7LN postcode.

  • Terraced
    • The average price is around £84,039 median price is £75,000 Standard Deviation is £50,566 with Total Sold: 3,518
    • The Last 5 Year average price is £111,458 with Total Sold: 592
    • The most recent sale happened at this postcode is , 27 GENERAL GRAHAM STREET: £163,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 18 BEACHVILLE STREET: £40,000 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £88,773 median price is £86,500 Standard Deviation is £37,199 with Total Sold: 1,024
    • The Last 5 Year average price is £75,707 with Total Sold: 164
    • The most recent sale happened at this postcode is FLAT 3, EDWARD HOUSE ALBERT COURT: £75,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is 12, MAYFAIR BUILDINGS DURHAM ROAD: £45,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £105,492 median price is £93,000 Standard Deviation is £63,532 with Total Sold: 757
    • The Last 5 Year average price is £143,046 with Total Sold: 106
    • The most recent sale happened at this postcode is , 86 SORLEY STREET: £45,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 27 OTTO TERRACE: £22,540 (Sold on 06 Feb 1995)
  • Other
    • The average price is around £350,205 median price is £125,000 Standard Deviation is £1,073,339 with Total Sold: 60
    • The Last 5 Year average price is £381,107 with Total Sold: 48
    • The most recent sale happened at this postcode is , 1 ROSEVILLE STREET: £82,500 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 WESTBOURNE ROAD: £154,000 (Sold on 25 Nov 2016)
  • Detached
    • The average price is around £140,859 median price is £110,000 Standard Deviation is £90,481 with Total Sold: 113
    • The Last 5 Year average price is £221,000 with Total Sold: 12
    • The most recent sale happened at this postcode is , 21 THORNHOLME ROAD: £298,000 (Sold on 22 Jan 2024)
    • The first recorded sale happened at this postcode is , 38 PENSHER STREET: £17,000 (Sold on 24 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£118,285 £1,030 60
2023£115,868 £1,178 91
2022£126,137 £1,128 125
2021£112,355 £1,068 131
2020£96,415 £949 92
2019£96,627 £938 93
2018£98,081 £978 103
2017£107,822 £1,022 95
2016£94,234 £956 113
2015£93,277 £929 79
2014£96,604 £887 93
2013£96,500 £937 74
2012£96,315 £978 56
2011£97,718 £980 66
2010£108,104 £993 51
2009£99,833 £1,107 45
2008£115,549 £1,207 84
2007£123,698 £1,284 202
2006£116,602 £1,142 178
2005£107,406 £1,067 161
2004£95,606 £960 178
2003£67,783 £748 209
2002£58,406 £580 218
2001£47,859 £514 189
2000£42,964 £394 155
1999£35,913 £404 132
1998£37,297 £369 104
1997£35,720 £395 131
1996£35,622 £420 107
1995£37,446 £420 103
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£75,957 £1,089 15
2023£86,475 £1,299 22
2022£90,016 £1,347 25
2021£83,834 £1,191 34
2020£51,704 £763 44
2019£83,269 £1,260 24
2018£89,114 £1,421 21
2017£101,375 £1,344 18
2016£89,440 £1,241 25
2015£89,077 £1,258 16
2014£80,310 £1,191 26
2013£83,203 £1,301 17
2012£108,369 £1,516 16
2011£112,472 £1,458 18
2010£102,111 £1,671 18
2009£113,886 £1,629 18
2008£127,121 £1,644 39
2007£102,607 £1,687 73
2006£117,837 £1,834 85
2005£113,818 £1,758 63
2004£93,707 £1,657 70
2003£92,887 £1,567 58
2002£79,837 £1,291 93
2001£70,361 £1,163 118
2000£53,182 £888 27
1999£33,431 £481 8
1998£28,111 £479 9
1997£22,929 £250 7
1996£29,750 £550 7
1995£34,745 £477 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£121,375 £1,258 12
2023£138,100 £1,745 16
2022£160,595 £1,591 23
2021£145,577 £1,348 26
2020£167,573 £1,388 13
2019£114,981 £1,202 16
2018£160,294 £1,331 16
2017£150,076 £1,438 23
2016£169,588 £1,401 13
2015£116,998 £1,356 3
2014£158,583 £1,384 12
2013£147,545 £1,368 11
2012£136,933 £1,446 15
2011£127,429 £1,407 7
2010£155,559 £1,237 11
2009£146,814 £1,147 11
2008£133,351 £1,353 23
2007£147,031 £1,452 37
2006£144,503 £1,428 46
2005£122,112 £1,140 30
2004£118,385 £1,266 39
2003£88,542 £921 47
2002£77,256 £806 63
2001£65,983 £699 49
2000£59,557 £497 37
1999£53,833 £530 43
1998£46,735 £489 30
1997£60,538 £506 44
1996£46,680 £472 22
1995£53,510 £421 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£103,188 £699 4
2023£204,233 £6,353 9
2022£154,167 £1,117 6
2021£123,365 £858 10
2020£1,117,087 £21,152 8
2019£449,723 £10,418 11
2018£109,811 £1,640 5
2017£336,017 £377 6
2016£154,000 £1,836 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,000 £2,175 1
2023£238,667 £2,316 3
2022£395,000 £1,829 2
2021£117,250 £1,543 2
2020£227,500 £1,236 1
2019£128,667 £1,259 3
2018£295,000 £1,698 2
2017£135,000 £1,286 1
2016£200,000 £1,111 1
2015£387,000 £2,910 1
2014£219,532 £1,938 5
2013£86,000 £1,103 1
2011£245,000 £1,675 1
2010£201,500 £1,947 2
2008£189,250 £1,497 2
2007£145,129 £1,384 7
2006£284,625 £1,577 4
2005£116,611 £1,278 9
2004£120,458 £1,300 13
2003£102,242 £1,085 6
2002£94,000 £889 13
2001£118,429 £795 12
2000£77,136 £486 7
1999£103,500 £535 4
1998£106,500 £768 4
1997£78,500 £408 3
1996£42,000 £479 2
1995£17,0001

House Type in SR2 7LN area

The most common house types in the SR2 7LN postcode area are Terraced (67), Flat (20), and Shared house (13).

Total116
Terraced67
Flat20
Shared house13
converted building9
Detached3
Semi-detached3
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns with a mortgage or loan (30).

Private rented: Private landlord or letting agency55
Owned: Owns with a mortgage or loan30
Owned: Owns outright22
Social rented: Other social rented7
Private rented: Other private rented5
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0

Number of People in a Household

The most houses in the SR2 7LN have 1 person in household (42), and 2 people in household (28).

1 person in household42
2 people in household28
4 people in household19
3 people in household11
5 people in household8
8 or more people in household5
7 people in household3
6 people in household2
0 people in household0