Key indicators for buyers
The SR2 market looks favourable for buyers. Prices have softened (-29.0%), which could present a buying opportunity. Affordability has improved from a peak of 5.4x in 2021 to 4.8x today. Rising rents (£694/mo, +4.3%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Sunderland area
A home in Sunderland costs 4.8x the local median salary — relatively affordable, improving from a peak of 5.4x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Sunderland area
Average monthly rent in Sunderland is £694, up 4.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Sunderland price of £105,893 with a 25% deposit (£26k), a 2-year fixed mortgage at 3.97% costs around £418 per month.
Monthly cost comparison based on current data
Uses SR2 avg. price with Sunderland rental data
Monthly mortgage payments (£418) are £276 less than renting (£694). However, buying requires an upfront deposit of £26k — it would take around 4 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
84, GRAY ROAD SR2 8BW | Terraced | £118,000 | 19 Jan 2026 |
4, GRANGE STREET SOUTH SR2 9QS | Terraced | £85,000 | 16 Jan 2026 |
123, CANON COCKIN STREET SR2 8PR | Terraced | £30,000 | 16 Jan 2026 |
43, VILLETTE ROAD SR2 8RH | Terraced | £51,000 | 13 Jan 2026 |
63, ST LEONARD STREET SR2 8QE | Terraced | £85,000 | 9 Jan 2026 |
41, NOBLE STREET SR2 8LU | Flat/Maisonette | £39,000 | 9 Jan 2026 |
44, HEATHFIELD SR2 9EW | Detached | £333,250 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SR2 sold for £105,893 in 2026, with a median of £85,000 across 7 transactions. Prices fell 29.0% compared to the previous year.
| 8 Jan 2026 |
13, THE OAKS SR2 8EX | Semi-detached | £249,999 | 22 Dec 2025 |
15, REGENT TERRACE SR2 9QN | Terraced | £91,000 | 19 Dec 2025 |
4, HOLMLANDS PARK NORTH SR2 7SE | Terraced | £304,500 | 19 Dec 2025 |
20, ENNERDALE SR2 7HR | Terraced | £112,950 | 19 Dec 2025 |
36, AYSGARTH AVENUE SR2 9RT | Semi-detached | £142,000 | 19 Dec 2025 |
10, HELVELLYN ROAD SR2 9JJ | Semi-detached | £131,000 | 18 Dec 2025 |
20, TARN DRIVE SR2 9TL | Detached | £287,996 | 18 Dec 2025 |
HILLVIEW CLINIC, STANNINGTON GROVE SR2 9JT | Other | £160,000 | 18 Dec 2025 |
9, WOODSTOCK AVENUE SR2 9QD | Terraced | £197,000 | 18 Dec 2025 |
23, BEECHWOOD STREET SR2 7LU | Semi-detached | £198,000 | 17 Dec 2025 |
28, STRAWBERRY COURT SR2 7RQ | Flat/Maisonette | £30,000 | 17 Dec 2025 |
9, RODNEY CLOSE SR2 0AL | Terraced | £139,950 | 16 Dec 2025 |
361, RYHOPE ROAD SR2 9SS | Semi-detached | £163,450 | 15 Dec 2025 |
The most recent recorded sale in SR2 was a terraced property on Gray Road for £118,000 in January 2026. Across the last 20 sales, the median price was £139,950.