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Otto Terrace is a residential street with 91 addresses.
It ranks as the 1109th largest and 670th most expensive of the 1,164 streets in the SR2 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 91 properties: 76 houses and 15 flats.
Otto Terrace is a residential street with 91 addresses.
It ranks as the 1109th largest and 670th most expensive of the 1,164 streets in the SR2 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 91 properties: 76 houses and 15 flats.
Sale prices range from £48,583 for 2 bedroom leasehold flats (613 ft2) to £326,677 for 5 bedroom freehold houses with a garden (1,732 ft2) .
Monthly rental prices range from £444 pcm for 2 bed flats to £1,633 pcm for 5 bed houses.
The gross rental yield is between 5.1% and 12.2%.
The average value per square foot is £104.
The last sale on Otto Terrace sold for £53,000 on 15th October 2024. Since then prices are up an average of 1.8%.
The current average value in the street is £173,238.
The Otto Terrace Sales Market has increased by 26.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.4% | £173,238 |
| May 2025 | 2% | £173,856 |
| May 2024 | 2.5% | £170,403 |
| May 2023 | -0.5% | £166,289 |
| May 2022 | 7.5% | £167,150 |
| May 2021 | 8.1% | £155,513 |
| May 2020 | 2% | £143,913 |
| May 2019 | 0.2% | £141,089 |
| May 2018 | 0.3% | £140,841 |
| May 2017 | 2.5% | £140,385 |
| May 2016 | 0% | £136,997 |
| May 2015 | 0.1% | £137,050 |
| May 2014 | 1.7% | £136,958 |
| May 2013 | -0.1% | £134,604 |
| May 2012 | -1% | £134,761 |
| May 2011 | -3% | £136,137 |
| May 2010 | 0.4% | £140,316 |
| May 2009 | -10% | £139,711 |
| May 2008 | -2.4% | £155,291 |
| May 2007 | 0% | £159,162 |
The current average rental value in the street is £971.
The Otto Terrace Rental Market has increased by 38.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £971pcm |
| May 2025 | 1.9% | £949pcm |
| May 2024 | 8.5% | £930pcm |
| May 2023 | 10.6% | £857pcm |
| May 2022 | 10.6% | £775pcm |
| May 2021 | 2.1% | £701pcm |
| May 2020 | -0.6% | £687pcm |
| May 2019 | 0% | £691pcm |
| May 2018 | -0.5% | £691pcm |
| May 2017 | -1% | £694pcm |
| May 2016 | 0.9% | £701pcm |
| May 2015 | 0.4% | £695pcm |
| May 2014 | 1.2% | £692pcm |
| May 2013 | -1.2% | £684pcm |
| May 2012 | -1.3% | £692pcm |
| May 2011 | 0.1% | £701pcm |
| May 2010 | 0.1% | £701pcm |
| May 2009 | -4.7% | £700pcm |
| May 2008 | 2.5% | £734pcm |
| May 2007 | 0% | £717pcm |
The last sale was on 15th October 2024 for £53,000 and since then the market in the area has increased by 1.8%. The street has had a total of 127 sales since 1995.
Otto Terrace, Sunderland, SR2 has seen 9 sales in the last three years and no sales in the last twelve months.
Otto Terrace, Sunderland, SR2 is the 1109th largest and the 670th most expensive street in the SR2 area.
There are 4 postcodes on Otto Terrace, Sunderland, SR2.
The closest station to Otto Terrace, Sunderland, SR2 is Sunderland station which is 1.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Otto Terrace, Sunderland, SR2, 49.6% of property is privately rented and 24.8% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Otto Terrace, Sunderland, SR2, 33.9% of residents are recorded as possessing school level qualifications and 40.9% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Otto Terrace, Sunderland, SR2, the average age was 39 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Otto Terrace, Sunderland, SR2, 0.6% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Otto Terrace, Sunderland, SR2, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.