The average property value in Sunderland is £153,866 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Sunderland grew by £11,291. Compare house prices by area
Average property prices in Sunderland grew by 7.9% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 2.2% per year.
If prices in Sunderland continue to rise by 2.2% a year, the average property price will be £167,859 in 2025.
There were 2,974 property sales in Sunderland in the year ending June 2021, an increase of 68 when compared to the previous year.
The average price for a house in Sunderland ranges from £113,139 for a terraced house to £280,428 for a detached house, with semi-detached in between costing on average £149,533.
The average price for a flat or maisonette in Sunderland is £77,249.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Sunderland, detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 27.8% from £219,453 to £280,428, semi-detached house prices have risen 18.8% from £125,878 to £149,533, terraced house prices have risen 12.7% from £100,427 to £113,139, and flat prices have fallen 13.1% from £88,883 to £77,249.
The most common type of property sold in Sunderland during the year ending June 2021 was semi-detached houses, which accounted for 39.2% of properties.
The least commonly available type of property sold in Sunderland were flats, which account for 7.9% of properties sold.
Of the properties sold in Sunderland during 2021, 0.4% were new build properties.
The average price paid for a new build property in Sunderland was £26,080 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (57% of new build properties sold). For existing properties, the most common type is semi-detached houses (37% of existing properties sold).
The most common price band for property sales in Sunderland is £50k - £100k, which accounted for 18.7% of properties sold in 2021.
The cheapest properties in Sunderland were in the under £50k price bracket, accounting for 3.1% of sales.
Average property price
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Average Property Price
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics