Housing Market Analysis for OTTO TERRACE, SR2 7LW

Are you looking to understand SR2 7LW 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 7LW area, explore the SR2 7LW Area information page.
For comprehensive crime statistics in the SR2 7LW area, explore the SR2 7LW Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £114,591 median price is £125,000 Standard Deviation is £45,912 with Total Sold: 33
    • The Last 5 Year average price is £153,999 with Total Sold: 8
    • The most recent sale happened at this postcode is 16 OTTO TERRACE: £145,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is 37 OTTO TERRACE: £42,000 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £35,417 median price is £26,250 Standard Deviation is £19,631 with Total Sold: 6
    • The most recent sale happened at this postcode is 8 OTTO TERRACE: £24,000 (Sold on 24 Aug 2012)
    • The first recorded sale happened at this postcode is 33A OTTO TERRACE: £28,500 (Sold on 26 Sep 1997)
  • Semi-Detached
    • The average price is around £86,090 median price is £83,000 Standard Deviation is £47,334 with Total Sold: 6
    • The most recent sale happened at this postcode is 20 OTTO TERRACE: £145,000 (Sold on 31 Jan 2008)
    • The first recorded sale happened at this postcode is 27 OTTO TERRACE: £22,540 (Sold on 06 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SR2 7LW 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
2024£145,0001
2023£179,995 £1,098 1
2022£165,000 £1,025 1
2021£148,400 £936 5
2018£109,000 £784 1
2016£130,167 £866 3
2014£120,000 £789 2
2011£149,000 £1,010 1
2010£182,000 £1,197 1
2008£152,500 £988 2
2007£160,000 £1,067 1
2006£122,750 £829 4
2004£60,000 £432 1
2002£60,500 £400 4
2001£43,500 £238 1
2000£59,500 £403 1
1999£46,000 £365 1
1998£30,000 £245 1
1995£42,000 £280 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£24,000 £358 1
2005£75,000 £1,087 1
2002£28,333 £546 3
1997£28,500 £413 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£145,000 £884 1
2005£140,000 £824 1
2003£107,000 £629 1
1999£59,000 £235 1
1997£43,000 £253 1
1995£22,540 £133 1

All the Sales in the OTTO TERRACE, SR2 7LW

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

AddressSold DatePrice% Change
16 OTTO TERRACETerraced, Freehold27 Mar 2024£145,00026.09%
07 Jul 2016£115,000-16.06%
17 Nov 2006£137,000First Sale
20 OTTO TERRACETerraced, FreeholdArea: 164 Sq.mtrAge: 1900-192902 Jun 2023£179,99544.00%
29 Sep 2014£125,000-13.79%
31 Jan 2008£145,000First Sale
17 OTTO TERRACETerraced, FreeholdArea: 161 Sq.mtrAge: 1900-192927 Sep 2022£165,0006.45%
02 Jun 2008£155,000First Sale
37 OTTO TERRACETerraced, FreeholdArea: 150 Sq.mtrAge: 1900-192929 Sep 2021£180,00012.50%
21 Sep 2007£160,000280.95%
17 Feb 1995£42,000First Sale
21 OTTO TERRACETerraced, FreeholdArea: 181 Sq.mtrAge: before 190025 Jun 2021£137,00013.69%
11 Feb 2016£120,50085.38%
19 Nov 2002£65,000First Sale
12 OTTO TERRACETerraced, FreeholdArea: 126 Sq.mtrAge: 1900-192904 Jun 2021£150,000-3.23%
05 Feb 2016£155,0009.15%
29 Sep 2006£142,000208.70%
10 Sep 1999£46,000First Sale
22 OTTO TERRACETerraced, FreeholdArea: 193 Sq.mtrAge: 1900-192921 May 2021£150,000244.83%
15 Jun 2001£43,500First Sale
6 OTTO TERRACETerraced, FreeholdArea: 166 Sq.mtrAge: 1900-192901 Mar 2021£125,000First Sale
14 OTTO TERRACETerraced, FreeholdArea: 138.98 Sq.mtrAge: 1900-192920 Dec 2018£109,000-27.33%
25 Apr 2008£150,00063.04%
13 Jun 2006£92,00053.33%
02 Jun 2004£60,000-7.69%
09 Aug 2002£65,000First Sale
18 OTTO TERRACETerraced, FreeholdArea: 141 Sq.mtrAge: 1900-192911 Sep 2014£115,000-4.17%
14 Jul 2006£120,000First Sale
8 OTTO TERRACEFlat, LeaseholdArea: 67 Sq.mtrAge: 1900-192924 Aug 2012£24,00020.00%
22 May 2002£20,0000.0
22 May 2002£20,000First Sale
41 OTTO TERRACETerraced, FreeholdArea: 147.52 Sq.mtrAge: 1900-192909 Dec 2011£149,000150.42%
19 May 2000£59,500First Sale
43 OTTO TERRACETerraced, FreeholdArea: 152.002 Sq.mtrAge: 1900-192901 Jul 2010£182,000First Sale
27 OTTO TERRACESemi-Detached, FreeholdArea: 170 Sq.mtrAge: 1930-194902 Dec 2005£140,00030.84%
12 Aug 2003£107,000148.84%
18 Apr 1997£43,00090.77%
06 Feb 1995£22,540First Sale
33A OTTO TERRACEFlat, LeaseholdArea: 69 Sq.mtrAge: 1976-198225 Feb 2005£75,00066.67%
24 May 2002£45,00057.89%
26 Sep 1997£28,500First Sale
39 OTTO TERRACETerraced, Freehold30 Oct 2002£65,000First Sale
2 OTTO TERRACETerraced, FreeholdArea: 126 Sq.mtrAge: before 190030 May 2002£47,000First Sale
45 OTTO TERRACESemi-Detached, FreeholdArea: 251 Sq.mtrAge: 1900-192919 Nov 1999£59,000First Sale
23 OTTO TERRACETerraced, FreeholdArea: 122.54 Sq.mtrAge: 1930-194902 Mar 1998£30,000First Sale

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

OTTO TERRACE, SR2 7LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR2 7LW 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 7LW postcode.

  • Terraced
    • The average price is around £89,206 median price is £80,000 Standard Deviation is £55,780 with Total Sold: 3,179
    • The Last 5 Year average price is £118,842 with Total Sold: 539
    • The most recent sale happened at this postcode is , 34 QUEENS CRESCENT: £135,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 18 BEACHVILLE STREET: £40,000 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £113,469 median price is £100,000 Standard Deviation is £64,722 with Total Sold: 766
    • The Last 5 Year average price is £156,823 with Total Sold: 105
    • The most recent sale happened at this postcode is , 53 NESBURN ROAD: £125,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 27 OTTO TERRACE: £22,540 (Sold on 06 Feb 1995)
  • Flat
    • The average price is around £88,556 median price is £86,500 Standard Deviation is £37,141 with Total Sold: 1,039
    • The Last 5 Year average price is £76,190 with Total Sold: 164
    • The most recent sale happened at this postcode is FLAT 1, 37 THORNHILL GARDENS: £93,100 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is 12, MAYFAIR BUILDINGS DURHAM ROAD: £45,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £427,751 median price is £154,000 Standard Deviation is £1,060,610 with Total Sold: 63
    • The Last 5 Year average price is £361,066 with Total Sold: 40
    • The most recent sale happened at this postcode is , 1D THORNHILL PARK: £80,250 (Sold on 28 Feb 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 £150,209 median price is £125,000 Standard Deviation is £90,177 with Total Sold: 119
    • The Last 5 Year average price is £215,594 with Total Sold: 16
    • 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£119,881 £1,087 37
2023£119,054 £1,124 83
2022£139,801 £1,132 120
2021£120,586 £1,079 128
2020£99,287 £944 84
2019£105,602 £964 87
2018£104,180 £985 96
2017£111,203 £1,010 89
2016£110,562 £976 96
2015£95,683 £916 67
2014£102,608 £884 85
2013£102,701 £955 70
2012£102,633 £970 50
2011£109,289 £1,005 64
2010£114,304 £1,023 47
2009£104,662 £1,121 37
2008£123,068 £1,199 79
2007£129,285 £1,285 179
2006£122,101 £1,147 174
2005£111,657 £1,073 139
2004£101,000 £969 159
2003£71,509 £767 194
2002£59,916 £569 204
2001£49,548 £517 168
2000£45,115 £383 135
1999£36,924 £396 115
1998£38,107 £361 97
1997£37,536 £394 118
1996£36,755 £401 89
1995£39,138 £418 89
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£131,833 £1,258 9
2023£158,725 £1,819 16
2022£178,091 £1,752 24
2021£150,577 £1,348 26
2020£177,227 £1,453 13
2019£132,188 £1,433 17
2018£163,794 £1,352 16
2017£152,750 £1,422 23
2016£170,689 £1,470 14
2015£150,242 £1,403 7
2014£164,966 £1,489 15
2013£147,545 £1,368 11
2012£145,278 £1,527 18
2011£144,938 £1,500 8
2010£158,429 £1,195 12
2009£148,842 £1,223 13
2008£137,367 £1,342 22
2007£157,488 £1,520 37
2006£149,629 £1,462 51
2005£132,341 £1,203 29
2004£121,554 £1,307 37
2003£100,192 £934 47
2002£82,828 £844 57
2001£73,305 £735 53
2000£64,789 £489 37
1999£56,982 £498 40
1998£50,413 £515 31
1997£63,841 £514 43
1996£49,310 £470 21
1995£53,510 £421 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£79,032 £1,089 11
2023£86,475 £1,299 22
2022£90,016 £1,347 25
2021£85,008 £1,199 36
2020£51,704 £763 44
2019£82,219 £1,248 26
2018£87,700 £1,401 22
2017£101,375 £1,344 18
2016£86,846 £1,241 26
2015£88,249 £1,254 17
2014£79,298 £1,191 27
2013£83,203 £1,301 17
2012£108,369 £1,516 16
2011£112,472 £1,458 18
2010£101,737 £1,662 19
2009£113,886 £1,629 18
2008£127,121 £1,644 39
2007£101,861 £1,687 75
2006£116,615 £1,828 88
2005£114,258 £1,756 64
2004£93,707 £1,657 70
2003£92,887 £1,567 58
2002£80,379 £1,303 92
2001£70,361 £1,163 118
2000£53,067 £874 28
1999£33,494 £481 9
1998£28,800 £495 10
1997£27,071 £296 7
1996£30,400 £558 8
1995£34,677 £513 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£80,2501
2023£204,233 £6,353 9
2022£154,167 £1,117 6
2021£119,517 £858 9
2020£1,117,087 £21,152 8
2019£226,707 £5,738 7
2018£591,588 £1,640 12
2017£336,017 £377 6
2016£678,102 £1,836 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,000 £2,175 1
2023£233,700 £2,087 5
2022£395,000 £1,829 2
2021£124,833 £1,245 3
2020£227,500 £1,236 1
2019£147,750 £1,386 4
2018£261,333 £1,911 3
2017£158,500 £1,544 2
2016£200,000 £1,111 1
2015£387,000 £2,910 1
2014£219,532 £1,938 5
2013£133,000 £1,636 2
2011£220,500 £1,158 2
2010£201,500 £1,947 2
2008£270,000 £1,421 1
2007£151,544 £1,321 9
2006£281,167 £1,328 6
2005£119,938 £1,379 8
2004£123,500 £1,456 10
2003£102,242 £1,085 6
2002£94,000 £889 13
2001£117,185 £835 13
2000£92,390 £514 5
1999£94,600 £526 5
1998£106,500 £768 4
1997£96,7502
1996£42,000 £479 2
1995£17,0001

House Type in SR2 7LW area

The most common house types in the SR2 7LW 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 7LW 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