Otto Terrace - SR2 7LP
Key Postcode Insights
SR2 7LP is a residential postcode situated on Otto Terrace, Sunderland, SR2 with 33 addresses.
It ranks as the 1385th largest and 868th most expensive of the 1,722 postcodes in the SR2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 33 properties: 25 houses and 8 flats.
- Ave. Sale Price
- £144,684
- 10 Year change
- up 23.3%
- Ave. Rental Price
- £843pcm
- 10 Year change
- up 35.4%
- Ave. £ per ft²
- £94/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
SR2 7LP is a residential postcode situated on Otto Terrace, Sunderland, SR2 with 33 addresses.
It ranks as the 1385th largest and 868th most expensive of the 1,722 postcodes in the SR2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 33 properties: 25 houses and 8 flats.
- Ave. Sale Price
- £144,684
- 10 Year change
- up 23.3%
- Ave. Rental Price
- £843pcm
- 10 Year change
- up 35.4%
- Ave. £ per ft²
- £94/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin SR2 7LP
- 24 Otto Terrace
5 Bed Period House
- 26 Otto Terrace
4 Bed Period House
- 28 Otto Terrace
4 Bed Period House
- 30 Otto Terrace
4 Bed Period House
- 32 Otto Terrace
5 Bed Period House
Sales Market Trends
The last sale in SR2 7LP sold for £83,000 on 15th January 2024. Since then prices are up an average of 3.7%.
The current average value in the postcode is £144,684.
The SR2 7LP Sales Market has increased by 23.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £144,684 |
| June 2025 | 1.9% | £146,273 |
| June 2024 | 3% | £143,550 |
| June 2023 | -1.2% | £139,375 |
| June 2022 | 6.7% | £141,050 |
| June 2021 | 6.7% | £132,175 |
| June 2020 | 2.9% | £123,862 |
| June 2019 | -0.1% | £120,354 |
| June 2018 | 0.8% | £120,417 |
| June 2017 | 1.8% | £119,428 |
| June 2016 | 0.1% | £117,329 |
| June 2015 | 0.1% | £117,242 |
| June 2014 | 2.6% | £117,159 |
| June 2013 | -0.8% | £114,206 |
| June 2012 | -0.7% | £115,183 |
| June 2011 | -2.5% | £115,956 |
| June 2010 | 0.6% | £118,871 |
| June 2009 | -8.3% | £118,175 |
| June 2008 | -4.5% | £128,847 |
| June 2007 | 0% | £134,969 |
Rental Market Trends
The current average rental value in the postcode is £843.
The SR2 7LP Rental Market has increased by 35.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £843pcm |
| June 2025 | 1.2% | £827pcm |
| June 2024 | 8.4% | £817pcm |
| June 2023 | 10.6% | £754pcm |
| June 2022 | 10% | £682pcm |
| June 2021 | 2% | £620pcm |
| June 2020 | -0.6% | £608pcm |
| June 2019 | 0% | £612pcm |
| June 2018 | -0.3% | £612pcm |
| June 2017 | -1.5% | £614pcm |
| June 2016 | 1.1% | £623pcm |
| June 2015 | 0.4% | £616pcm |
| June 2014 | 1.5% | £614pcm |
| June 2013 | -1.2% | £604pcm |
| June 2012 | -1.1% | £612pcm |
| June 2011 | 0.2% | £618pcm |
| June 2010 | 1% | £617pcm |
| June 2009 | -4.5% | £611pcm |
| June 2008 | 2.3% | £640pcm |
| June 2007 | 0% | £626pcm |
Sales History
The last sale was on 15th January 2024 for £83,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 43 sales since 1995.
SR2 7LP has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£83,000 | 5 Bed House44, Otto Terrace, Sunderland, SR2 7LP44, Otto Terrace, Sunderland, SR2 7LP
- Sold Aug 2023£56,500 | 5 Bed House51, Otto Terrace, Sunderland, SR2 7LP51, Otto Terrace, Sunderland, SR2 7LP
- Sold May 2023£72,000 | 4 Bed House28, Otto Terrace, Sunderland, SR2 7LP28, Otto Terrace, Sunderland, SR2 7LP
- Sold Apr 2023£148,000 | 4 Bed House30, Otto Terrace, Sunderland, SR2 7LP30, Otto Terrace, Sunderland, SR2 7LP
- Sold Apr 2022£150,000 | 5 Bed House42, Otto Terrace, Sunderland, SR2 7LP42, Otto Terrace, Sunderland, SR2 7LP
Nearby Postcodes
SR2 7LP is the 1385th largest and the 868th most expensive postcode out of the 1,722 postcodes in the SR2 area.
- SR2 7NF, Fox Street, Sunderland, SR2SR2 7NF20 Addresses|62 m away
- SR2 7NB, Ashwood Terrace, Sunderland, SR2SR2 7NB52 Addresses|68 m away
- SR2 7NE, Evelyn Street, Sunderland, SR2SR2 7NE7 Addresses|79 m away
- SR2 7LR, Otto Terrace, Sunderland, SR2SR2 7LR24 Addresses|85 m away
- SR2 7LW, Otto Terrace, Sunderland, SR2SR2 7LW28 Addresses|114 m away
Property Types
- 21 period houses built between 1800 and 1911
- 8 period flats built between 1800 and 1911
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (21)
- period flat (8)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (2)
- G (0)
- D (15)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Apr 2005£249,950 | 5 Bed House7, Otto Terrace, Sunderland, SR2 7LN7, Otto Terrace, Sunderland, SR2 7LN
- Sold Oct 2008£249,950 | 5 Bed House7, Otto Terrace, Sunderland, SR2 7LN7, Otto Terrace, Sunderland, SR2 7LN
- Sold Aug 2024£206,000 | 4 Bed House56, Otto Terrace, Sunderland, SR2 7LR56, Otto Terrace, Sunderland, SR2 7LR
Schools Nearby
- St Mary's Catholic Primary School, Sunderland400 m away
- Richard Avenue Primary School500 m away
- Barnes Infant Academy900 m away
- Thornhill Academy300 m away
- St Anthony's Girls' Catholic Academy400 m away
- St Aidan's Catholic Academy800 m away
More reading links
Public Transport Nearby
The closest station to SR2 7LP is Sunderland station, which is 1.2 kilometres away.
- Sunderland|1.2 km away
- Seaham|7.7 km away
- Heworth|11.8 km away
- Chester-le-Street|12.6 km away
