October ’24 Market Update

A Comprehensive Overview for Buyers and Sellers Are you a homeowner in Sunderland? Perhaps you’re planning to move/sell/buy within the next six to twelve months, or maybe you’re on the lookout for your next dream home and have no timescales. Whether you’re buying or selling, having a clear understanding of the current state of the […]

Hundreds Flock to Seaburns New Play Park

Hundreds of families headed to Seaburn this weekend to visit the new children’s play park.  Situated on land near Cut Throat Dene, behind the Seaburn Inn, the new play area marks another major investment in the community. Officially opened by the Mayor alongside children from Seaburn Dene Primary School, the park was built by BCE […]

1 in 9.6 Sunderland Home Sellers Lower Their Asking Price Every Month

As the property landscape in Sunderland continues to evolve, many homeowners who have been on the market for a while find themselves navigating the complex decision of when and how much to reduce their asking prices to attract buyers. With an increasing number of properties on the market in the Sunderland area, rising from 1,086 […]

UK Housing Affordability

The housing affordability data across the UK provides an insightful snapshot of how long it would take to buy a home in different regions based on average salaries:   North East: 4.97 years Scotland: 5.41 years Yorkshire & Humberside: 6.26 years Northern Ireland: 6.30 years North West: 6.39 years West Midlands: 6.41 years Wales: 6.52 […]

% of Homes Privately Rented

The latest Census data reveals the percentage of homes that are privately rented across various UK regions, providing insight into the distribution of private rental housing. Below is a list of each region by the percentage of homes privately rented:   London: 30.0% South West: 19.7% Yorkshire & Humber: 19.4% North West: 19.2% South East: […]

The Resurgence of the Sunderland Terraced House

The Resurgence of the Sunderland Terraced House: Or Has it Ever Been Out of Fashion?   The terraced house, once considered a relic of the past, is making a notable comeback. But one might wonder – did it ever truly go out of fashion? The simple, unassuming two-up two-down, a hallmark of Victorian red brick […]

What the Renters’ Rights Bill Means for Landlords?

Facebook Twitter LinkedIn The Renters’ Rights Bill, recently announced by the Labour Government, introduces sweeping changes to the private rental sector in England. The Bill is not law yet as it needs to pass through parliament, still many landlords may feel apprehensive about these reforms. Yet it’s important to note that much of what the […]

A Tale of Two Sunderland Property Markets and the Need for Realistic Pricing

The Sunderland property market has undergone significant changes over the past few years, as depicted in the two graphs provided. These visualisations capture the trends in the number of properties available for sale and the number of properties sold subject to contract (SSTC) from January 2019 to July 2024. By analysing these graphs, we can […]

Sunderland Property Market: Sep 2024 Update

The Sunderland property market has experienced a rollercoaster ride since 2019, reflecting the unprecedented challenges and opportunities that have shaped the landscape of home buying and selling in the area. The accompanying graph vividly illustrates these dramatic fluctuations, comparing Sunderland’s monthly house sales, expressed as a percentage of the six-year (2019 to 2024) average in […]