Housing Market Analysis for PRESTON HILL, SR3 2RU

Are you looking to understand SR3 2RU 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 SR3 2RU area, explore the SR3 2RU Area information page.
For comprehensive crime statistics in the SR3 2RU area, explore the SR3 2RU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SR3 2RU postcode area, The average prices are as follows,

Flat
- The average price is around £50,711 median price is £46,500 Standard Deviation is £22,519 with Total Sold: 14
- The Last 5 Year average price is £54,166 with Total Sold: 3
- The most recent sale happened at this postcode is 42 PRESTON HILL: £62,500 (Sold on 07 Oct 2022)
- The first recorded sale happened at this postcode is 43 PRESTON HILL: £14,000 (Sold on 08 Jan 1996)
Terraced
- The average price is around £28,500 median price is £28,500 Standard Deviation is £13,500 with Total Sold: 2
- The most recent sale happened at this postcode is 23 PRESTON HILL: £42,000 (Sold on 24 May 2002)
- The first recorded sale happened at this postcode is 23 PRESTON HILL: £15,000 (Sold on 30 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average SR3 2RU 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£61,250	£937	2
2020	£39,999	£666	1
2006	£72,500	£1,169	1
2005	£84,000	£1,167	1
2004	£81,500	£1,236	2
2002	£53,000	£736	1
2001	£33,500	£578	1
2000	£27,500	£458	1
1999	£35,000		1
1998	£32,475	£505	2
1996	£14,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£42,000	£724	1
2001	£15,000	£259	1

All the Sales in the PRESTON HILL, SR3 2RU

See the table below for more details on the sold house prices in the SR3 2RU, Sunderland postcode.

Address	Sold Date	Price	% Change
42 PRESTON HILLFlat, LeaseholdArea: 60.09 Sq.mtrAge: 1967-1975	07 Oct 2022	£62,500	56.25%
	06 Jan 2020	£39,999	45.45%
	14 Apr 2000	£27,500	First Sale
32 PRESTON HILLFlat, LeaseholdArea: 72 Sq.mtrAge: 1976-1982	30 Mar 2022	£60,000	-28.57%
	31 Jan 2005	£84,000	58.49%
	20 Sep 2002	£53,000	60.61%
	27 Feb 1998	£33,000	First Sale
27 PRESTON HILLFlat, LeaseholdArea: 62 Sq.mtrAge: 1983-1990	23 Aug 2006	£72,500	First Sale
4 PRESTON HILLFlat, LeaseholdArea: 74 Sq.mtrAge: 1976-1982	30 Sep 2004	£91,000	First Sale
25 PRESTON HILLFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	12 Feb 2004	£72,000	114.93%
	12 Apr 2001	£33,500	4.85%
	31 Jul 1998	£31,950	First Sale
23 PRESTON HILLTerraced, LeaseholdArea: 58 Sq.mtrAge: 1983-1990	24 May 2002	£42,000	180.00%
	30 Apr 2001	£15,000	First Sale
43 PRESTON HILLFlat, Leasehold	16 Apr 1999	£35,000	150.00%
43 PRESTON HILLFlat, Leasehold	08 Jan 1996	£14,000	First Sale

Check out the sold house prices near the SR3 2RU postcode. Properties currently for saleProperties currently for rent

PRESTON HILL, SR3 2RU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SR3 2RU 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 SR3 2RU postcode.

Semi-Detached
- The average price is around £114,036 median price is £118,000 Standard Deviation is £52,581 with Total Sold: 657
- The Last 5 Year average price is £177,133 with Total Sold: 116
- The most recent sale happened at this postcode is , 38 GREENCHAPEL WAY: £238,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 60 BISHOPS WAY: £39,750 (Sold on 05 Jan 1995)
Terraced
- The average price is around £77,162 median price is £70,000 Standard Deviation is £40,768 with Total Sold: 185
- The Last 5 Year average price is £105,910 with Total Sold: 31
- The most recent sale happened at this postcode is , 28 LOFTHILL: £45,000 (Sold on 27 Jun 2024)
- The first recorded sale happened at this postcode is , 21 HAWKINS COURT: £13,750 (Sold on 27 Mar 1995)
Detached
- The average price is around £173,996 median price is £169,950 Standard Deviation is £81,077 with Total Sold: 578
- The Last 5 Year average price is £263,250 with Total Sold: 168
- The most recent sale happened at this postcode is , 15 NOIRMONT WAY: £325,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 20 DEANSFIELD CLOSE: £71,000 (Sold on 03 Jan 1995)
Flat
- The average price is around £56,341 median price is £53,000 Standard Deviation is £22,093 with Total Sold: 442
- The Last 5 Year average price is £64,367 with Total Sold: 61
- The most recent sale happened at this postcode is , 8 MAPLEBECK CLOSE: £60,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 33 LOFTHILL: £9,900 (Sold on 23 Jan 1995)
Other
- The average price is around £145,772 median price is £6,100 Standard Deviation is £361,704 with Total Sold: 36
- The Last 5 Year average price is £71,555 with Total Sold: 22
- The most recent sale happened at this postcode is , 1 MARBURY CLOSE: £175,000 (Sold on 09 Jun 2023)
- The first recorded sale happened at this postcode is , 22 MIDHURST CLOSE: £4,195 (Sold on 28 Jun 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£175,958		5
2023	£178,275	£2,171	26
2022	£189,702	£2,299	31
2021	£168,550	£1,931	17
2020	£165,302	£1,892	20
2019	£175,312	£1,860	17
2018	£139,797	£1,824	15
2017	£127,198	£1,588	22
2016	£147,818	£1,672	11
2015	£145,372	£1,646	20
2014	£143,341	£1,792	16
2013	£145,412	£1,771	12
2012	£139,000	£2,008	4
2011	£140,183	£1,669	12
2010	£149,173	£1,696	11
2009	£110,812	£1,447	8
2008	£131,916	£1,442	23
2007	£138,822	£1,876	23
2006	£146,535	£1,997	24
2005	£133,448	£1,756	30
2004	£123,922	£1,696	37
2003	£104,200	£1,405	27
2002	£79,516	£1,023	32
2001	£67,605	£872	29
2000	£60,200	£765	25
1999	£58,983	£731	37
1998	£57,778	£741	42
1997	£56,588	£735	24
1996	£52,076	£606	33
1995	£54,162	£703	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£83,000		3
2023	£87,162	£1,303	4
2022	£121,600	£1,608	5
2021	£121,499	£1,742	8
2020	£97,738	£1,342	4
2019	£102,086	£1,394	7
2018	£106,750	£1,861	2
2017	£91,900	£1,168	5
2016	£95,125	£1,429	4
2015	£129,681	£1,716	8
2014	£127,967	£2,012	3
2013	£117,250	£1,343	4
2011	£100,100	£1,363	4
2010	£55,000		1
2009	£53,600	£1,512	5
2008	£95,369	£1,831	8
2007	£103,967	£1,509	12
2006	£128,238	£1,862	4
2005	£111,833	£1,617	3
2004	£78,922	£1,521	9
2003	£72,104	£1,135	12
2002	£56,440	£881	10
2001	£41,959	£776	16
2000	£39,314	£589	7
1999	£34,071	£621	7
1998	£39,582	£571	11
1997	£37,814	£533	7
1996	£38,501	£596	5
1995	£35,429	£518	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,944	£2,587	9
2023	£254,261	£2,343	21
2022	£275,736	£2,523	23
2021	£261,716	£2,345	41
2020	£276,498	£2,230	43
2019	£236,851	£2,185	31
2018	£205,944	£1,982	9
2017	£189,853	£2,032	19
2016	£204,550	£2,300	8
2015	£195,958	£1,967	13
2014	£192,325	£2,085	12
2013	£204,329	£1,889	12
2012	£196,688	£1,988	8
2011	£160,360	£1,696	10
2010	£218,158	£2,102	6
2009	£176,000	£1,511	3
2008	£213,707	£1,796	7
2007	£212,077	£2,045	11
2006	£187,313	£1,958	16
2005	£200,430	£1,659	15
2004	£174,354	£1,707	14
2003	£165,641	£1,549	17
2002	£125,416	£1,089	19
2001	£104,019	£920	18
2000	£104,715	£830	17
1999	£97,251	£952	76
1998	£90,767	£890	61
1997	£72,853	£614	17
1996	£75,558	£669	13
1995	£72,472	£666	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£60,000		1
2023	£66,853	£1,214	17
2022	£64,929	£1,165	14
2021	£61,636	£1,131	14
2020	£62,750	£931	4
2019	£64,273	£1,076	11
2018	£57,500	£1,030	5
2017	£58,375	£1,139	6
2016	£61,773	£1,085	11
2015	£64,938	£1,246	8
2014	£71,119	£1,309	8
2013	£59,000	£1,059	7
2012	£64,828	£1,182	9
2011	£68,015	£1,242	13
2010	£72,875	£1,451	4
2009	£82,500	£1,590	3
2008	£86,250	£1,884	10
2007	£96,077	£1,787	11
2006	£87,584	£1,612	26
2005	£85,842	£1,544	13
2004	£76,702	£1,330	26
2003	£62,568	£1,369	31
2002	£50,777	£989	24
2001	£39,052	£702	22
2000	£35,348	£657	29
1999	£35,856	£718	25
1998	£33,665	£607	23
1997	£32,469	£616	24
1996	£31,354	£575	23
1995	£31,540	£618	20

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£72,633	£763	3
2022	£87,012	£1,196	4
2021	£85,850	£2,576	4
2020	£6,058	£55	6
2019	£125,700	£67	5
2018	£657,122	£14,747	3
2017	£211,028	£982	8
2016	£4,663	£69	3

House Type in SR3 2RU area

The most common house types in the SR3 2RU postcode area are Flat (100), Detached (1), and Terraced (1).

Total	102
Flat	100
Detached	1
Terraced	1
Semi-detached	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (65), and Private rented: Private landlord or letting agency (14).

Social rented: Other social rented	65
Private rented: Private landlord or letting agency	14
Social rented: Rents from council or Local Authority	11
Owned: Owns with a mortgage or loan	7
Owned: Owns outright	4
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the SR3 2RU have 1 person in household (69), and 2 people in household (24).

1 person in household	69
2 people in household	24
3 people in household	7
4 people in household	1
6 people in household	1
0 people in household	0
5 people in household	0
7 people in household	0
8 or more people in household	0