Otto Terrace - SR2 7LW
Key Postcode Insights
SR2 7LW is a residential postcode situated on Otto Terrace, Sunderland, SR2 with 28 addresses.
It ranks as the 1248th largest and 991st 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 28 properties: 23 houses and 5 flats.
- Ave. Sale Price
- £164,106
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £919pcm
- 10 Year change
- up 39.6%
- Ave. £ per ft²
- £104/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
SR2 7LW is a residential postcode situated on Otto Terrace, Sunderland, SR2 with 28 addresses.
It ranks as the 1248th largest and 991st 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 28 properties: 23 houses and 5 flats.
- Ave. Sale Price
- £164,106
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £919pcm
- 10 Year change
- up 39.6%
- Ave. £ per ft²
- £104/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin SR2 7LW
- 2 Otto Terrace
4 Bed Period House
- 4 Otto Terrace
Unknown
- 6 Otto Terrace
5 Bed Period House
- 8 Otto Terrace
Building  |  2 Flats
- 10 Otto Terrace
Unknown
Sales Market Trends
The last sale in SR2 7LW sold for £53,000 on 15th October 2024. Since then prices are up an average of 2.8%.
The current average value in the postcode is £164,106.
The SR2 7LW Sales Market has increased by 27.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £164,106 |
| June 2025 | 2.8% | £165,359 |
| June 2024 | 3.2% | £160,897 |
| June 2023 | -1.5% | £155,851 |
| June 2022 | 8.3% | £158,170 |
| June 2021 | 7.7% | £146,075 |
| June 2020 | 2.6% | £135,648 |
| June 2019 | 0.1% | £132,238 |
| June 2018 | 0.8% | £132,053 |
| June 2017 | 1.9% | £130,946 |
| June 2016 | -0.1% | £128,463 |
| June 2015 | -0.4% | £128,529 |
| June 2014 | 2.5% | £129,050 |
| June 2013 | -0.8% | £125,952 |
| June 2012 | -1% | £126,962 |
| June 2011 | -3.2% | £128,208 |
| June 2010 | -0.5% | £132,443 |
| June 2009 | -9.4% | £133,069 |
| June 2008 | -3.8% | £146,936 |
| June 2007 | 0% | £152,815 |
Rental Market Trends
The current average rental value in the postcode is £919.
The SR2 7LW Rental Market has increased by 39.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £919pcm |
| June 2025 | 2% | £898pcm |
| June 2024 | 8.4% | £881pcm |
| June 2023 | 10.2% | £812pcm |
| June 2022 | 11.3% | £737pcm |
| June 2021 | 3% | £662pcm |
| June 2020 | -0.8% | £643pcm |
| June 2019 | 0.2% | £649pcm |
| June 2018 | -0.4% | £647pcm |
| June 2017 | -1.3% | £650pcm |
| June 2016 | 1% | £658pcm |
| June 2015 | -0.1% | £652pcm |
| June 2014 | 1.4% | £652pcm |
| June 2013 | -1.3% | £643pcm |
| June 2012 | -1.4% | £652pcm |
| June 2011 | -0.5% | £661pcm |
| June 2010 | -0.1% | £664pcm |
| June 2009 | -5.4% | £665pcm |
| June 2008 | 2.7% | £703pcm |
| June 2007 | 0% | £684pcm |
Sales History
The last sale was on 15th October 2024 for £53,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 43 sales since 1995.
SR2 7LW has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£53,000 | 2 Bed Flat33A, Otto Terrace, Sunderland, SR2 7LW33A, Otto Terrace, Sunderland, SR2 7LW
- Sold Mar 2024£145,000 | 4 Bed House16, Otto Terrace, Sunderland, SR2 7LW16, Otto Terrace, Sunderland, SR2 7LW
- Sold Jun 2023£179,995 | 5 Bed House20, Otto Terrace, Sunderland, SR2 7LW20, Otto Terrace, Sunderland, SR2 7LW
- Sold Sep 2022£165,000 | 5 Bed House17, Otto Terrace, Sunderland, SR2 7LW17, Otto Terrace, Sunderland, SR2 7LW
- Sold Sep 2021£180,000 | 4 Bed House37, Otto Terrace, Sunderland, SR2 7LW37, Otto Terrace, Sunderland, SR2 7LW
Nearby Postcodes
SR2 7LW is the 1248th largest and the 991st most expensive postcode out of the 1,722 postcodes in the SR2 area.
- SR2 7ND, Ashwood Street, Sunderland, SR2SR2 7ND14 Addresses|59 m away
- SR2 7NQ, Riversdale Terrace, Sunderland, SR2SR2 7NQ42 Addresses|60 m away
- SR2 7NE, Evelyn Street, Sunderland, SR2SR2 7NE7 Addresses|68 m away
- SR2 7LT, Oakwood Street, Sunderland, SR2SR2 7LT15 Addresses|95 m away
- SR2 7LN, Otto Terrace, Sunderland, SR2SR2 7LN6 Addresses|97 m away
Property Types
- 18 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 2 mid-century flats built between 1936 and 1979
- 5 other addresses of unknown type
- period house (18)
- period flat (3)
- mid-century flat (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (4)
- G (0)
- D (12)
- No EPC (7)
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, Sunderland500 m away
- Richard Avenue Primary School600 m away
- Barnes Infant Academy900 m away
- St Anthony's Girls' Catholic Academy400 m away
- Thornhill Academy400 m away
- St Aidan's Catholic Academy900 m away
More reading links
Public Transport Nearby
The closest station to SR2 7LW is Sunderland station, which is 1.1 kilometres away.
- Sunderland|1.1 km away
- Seaham|7.8 km away
- Heworth|11.7 km away
- Chester-le-Street|12.6 km away