Otto Terrace - SR2 7LR
Key Postcode Insights
SR2 7LR is a residential postcode situated on Otto Terrace, Sunderland, SR2 with 24 addresses.
It ranks as the 1132nd largest and 1102nd 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 24 properties: 22 houses and 2 flats.
- Ave. Sale Price
- £188,454
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,044pcm
- 10 Year change
- up 39.3%
- Ave. £ per ft²
- £104/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
SR2 7LR is a residential postcode situated on Otto Terrace, Sunderland, SR2 with 24 addresses.
It ranks as the 1132nd largest and 1102nd 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 24 properties: 22 houses and 2 flats.
- Ave. Sale Price
- £188,454
- 10 Year change
- up 26.9%
- Ave. Rental Price
- £1,044pcm
- 10 Year change
- up 39.3%
- Ave. £ per ft²
- £104/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin SR2 7LR
- 54 Otto Terrace
5 Bed Period House
- 56 Otto Terrace
4 Bed Period House
- 58 Otto Terrace
4 Bed Period House
- 60 Otto Terrace
5 Bed Period House
- 62 Otto Terrace
5 Bed Period House
Sales Market Trends
The last sale in SR2 7LR sold for £206,000 on 9th August 2024. Since then prices are up an average of 0.9%.
The current average value in the postcode is £188,454.
The SR2 7LR Sales Market has increased by 26.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £188,454 |
| June 2025 | 2.3% | £190,267 |
| June 2024 | 2.9% | £186,012 |
| June 2023 | -1% | £180,832 |
| June 2022 | 7.5% | £182,635 |
| June 2021 | 7.4% | £169,952 |
| June 2020 | 2.9% | £158,250 |
| June 2019 | 0.2% | £153,814 |
| June 2018 | 1.2% | £153,451 |
| June 2017 | 2.2% | £151,677 |
| June 2016 | 0.2% | £148,467 |
| June 2015 | 0.2% | £148,165 |
| June 2014 | 2.7% | £147,845 |
| June 2013 | -0.7% | £143,905 |
| June 2012 | -0.6% | £144,948 |
| June 2011 | -2.6% | £145,825 |
| June 2010 | 0.8% | £149,644 |
| June 2009 | -8.2% | £148,450 |
| June 2008 | -4.2% | £161,790 |
| June 2007 | 0% | £168,830 |
Rental Market Trends
The current average rental value in the postcode is £1,044.
The SR2 7LR Rental Market has increased by 39.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,044pcm |
| June 2025 | 1.5% | £1,023pcm |
| June 2024 | 8.3% | £1,007pcm |
| June 2023 | 10.8% | £930pcm |
| June 2022 | 10.7% | £840pcm |
| June 2021 | 2.7% | £758pcm |
| June 2020 | -0.7% | £738pcm |
| June 2019 | 0.3% | £743pcm |
| June 2018 | 0% | £741pcm |
| June 2017 | -1.1% | £741pcm |
| June 2016 | 1.3% | £750pcm |
| June 2015 | 0.5% | £740pcm |
| June 2014 | 1.7% | £736pcm |
| June 2013 | -1% | £724pcm |
| June 2012 | -1% | £732pcm |
| June 2011 | 0.1% | £739pcm |
| June 2010 | 1.2% | £739pcm |
| June 2009 | -4.5% | £730pcm |
| June 2008 | 2.7% | £764pcm |
| June 2007 | 0% | £744pcm |
Sales History
The last sale was on 9th August 2024 for £206,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 31 sales since 1995.
SR2 7LR has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Aug 2024£206,000 | 4 Bed House56, Otto Terrace, Sunderland, SR2 7LR56, Otto Terrace, Sunderland, SR2 7LR
- Sold Jan 2023£177,000 | 5 Bed House60, Otto Terrace, Sunderland, SR2 7LR60, Otto Terrace, Sunderland, SR2 7LR
- Sold May 2022£152,500 | 4 Bed House56, Otto Terrace, Sunderland, SR2 7LR56, Otto Terrace, Sunderland, SR2 7LR
- Sold Dec 2020£125,000 | 5 Bed House64, Otto Terrace, Sunderland, SR2 7LR64, Otto Terrace, Sunderland, SR2 7LR
- Sold Feb 2020£152,450 | 5 Bed House54, Otto Terrace, Sunderland, SR2 7LR54, Otto Terrace, Sunderland, SR2 7LR
Nearby Postcodes
SR2 7LR is the 1132nd largest and the 1102nd most expensive postcode out of the 1,722 postcodes in the SR2 area.
- SR2 7LP, Otto Terrace, Sunderland, SR2SR2 7LP33 Addresses|85 m away
- SR2 7QF, Thornholme Road, Sunderland, SR2SR2 7QF11 Addresses|97 m away
- SR2 7NG, Broad Meadows, Sunderland, SR2SR2 7NG24 Addresses|105 m away
- SR2 7NB, Ashwood Terrace, Sunderland, SR2SR2 7NB52 Addresses|113 m away
- SR2 7NF, Fox Street, Sunderland, SR2SR2 7NF20 Addresses|117 m away
Property Types
- 20 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 house of an unknown age
- 1 other address of unknown type
- period house (20)
- period flat (2)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (1)
- G (0)
- D (13)
- No EPC (4)
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, Sunderland300 m away
- Richard Avenue Primary School500 m away
- Barnes Infant Academy900 m away
- Thornhill Academy200 m away
- St Anthony's Girls' Catholic Academy400 m away
- St Aidan's Catholic Academy700 m away
More reading links
Public Transport Nearby
The closest station to SR2 7LR is Sunderland station, which is 1.2 kilometres away.
- Sunderland|1.2 km away
- Seaham|7.6 km away
- Heworth|11.9 km away
- Chester-le-Street|12.6 km away
