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Homes for Sale Sunderland Blog Image April 2017

Why Families are Loving the Sunderland Property Market Right Now

Sunderland has long been in the shadow of neighbouring Newcastle but in recent times, the city has seen a jump in its rating compared to other locations around the country.  In fact, with a blend of good amenities, central location and a healthy but not inflated house market, there are lots of reasons why families are loving the Sunderland property market right now.

Sell your Sunderland Home

Last year, the most popular type of property to sell in Sunderland were semi-detached properties and they sold for an average of around £138,000.  Terraced properties fetched around £107,000 while detached houses were an average of £260,000.  This makes for an average overall house price for the city of £137,111, higher than Barnes but lower than Roker and Ashbrooke, all neighbouring areas.  Compared to the previous year, house prices were much the same while compared to 2010 prices, there has been an increase of around 3%.

Sunderland is a great place to live

According to uSwitch, Sunderland currently ranks as the 37th best place to live in the UK.  The city has incomes in line with the country’s averages and prices of food and fuel are below many places in the UK.  Both car and home insurance premiums are lower than average and this all means that people in Sunderland have a lower than average cost of living.

Even in areas such as mobile phone coverage, the city ranks well.  99% of the city has mobile phone coverage and the average broadband speed is 25Mbps, a fair standard.

What to do in Sunderland

Of course, life is about more than basic data and if you have a family, one of the important things to consider is things to see and do in the area.  Here Sunderland itself has plenty to offer and there are also lots of amenities in neighbouring towns and cities.

The Sunderland Museum and Winter Gardens are an indoor museum that covers the history of the city from prehistoric times and features plenty of hands-on exhibits and computer interactives.  The Winter Gardens houses some 1500 of the most exotic plants and trees from around the world as well as a treetop walk for a bird’s eye view.

The Sunderland Aquatic Centre is ideal for kids who love the water and is a wonderful place to go regardless of the weather.  There is plenty of fun facilities and also those for more serious swimmers wanting to practise their strokes or their diving.

Riverside Bowling has 19 lanes of tenpin bowling action with light balls, smooth ball ramps and all the best facilities to allow children to take on the adults.  There’s a bar area for parents to relax while the older children take on their friends and also a café.

Families love Sunderland

Sunderland offers a great mix of places to visit and things to do as well as shopping.  It has easy access to facilities such as the Metrocentre in nearby Gateshead and the beach is only a short distance away.  The sensible housing market also means it is accessible for most families and is another reason why the area has become so popular.

 

Sources:

http://www.rightmove.co.uk/house-prices/Sunderland.html

https://www.uswitch.com/place-to-live/sunderland/

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