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SR2

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New builds in SR2: what they really sell for.

21 new-build homes sold in SR2 in the last 12 months, 6% of all sales. New detached homes sold for a median £265,474, 3.5% less than existing ones.

Sunderland, covering Barnes & Thornhill, Deptford & Hendon, Doxford Park, Grangetown, Pallion & Ford, Ryhope, Southwick, Tunstall & Humbledon.

New homes sold

21

6% of sales, last 12 months

New-build premium

-3.5%

Detached homes

Resold, vs market

+4.5%

Market +21.1%

Energy bills

~£501/yr

69% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Leicester WaySR2 0GY · detached, semi-detached · 7 sold · latest Dec 2025
£332k–£450k£2,695/m²
Bury CloseSR2 0TJ · detached, semi-detached · 6 sold · latest Dec 2025
£180k–£310k£2,737/m²
Rochester WaySR2 0GX · detached, semi-detached, terraced · 12 sold · latest Oct 2025
£180k–£298k£2,070/m²
Peterborough WaySR2 0TL · detached, semi-detached · 10 sold · latest Sept 2025
£215k–£275k£2,732/m²
Winchester RoadSR2 0GN · terraced · 3 sold · latest Aug 2025
£180k–£195k£2,050/m²
Lancaster CloseSR2 0TS · detached, semi-detached · 6 sold · latest May 2025
£175k–£225k£2,499/m²
Eggleston RoadSR2 0TP · detached, semi-detached · 8 sold · latest Feb 2025
£166k–£218k£2,532/m²
Southwell CloseSR2 0TN · detached, semi-detached · 4 sold · latest Dec 2024
£190k–£224k£2,488/m²
Cedar WaySR2 0GE · detached, semi-detached · 6 sold · latest Nov 2024
£199k–£305k£2,475/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

-3.5%

New £265k · existing £275k

36 new-build sales

Semi-detached

+10.7%

New £180k · existing £163k

22 new-build sales

Terraced

+53.8%

New £190k · existing £124k

9 new-build sales

Resale

Do new builds in SR2 hold their value?

Bought new, resold

+4.5%

Local market, same years

+21.1%

Kept pace

4 of 77

Typically held 4.6 years

Homes in SR2 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£501/yr

Typical 91 m² home

Typical rating

EPC B

Solar panels

69%

of homes

Heat pumps

0%

of homes

From the energy certificates of 55 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in SR2?

Over the last two years, new detached homes in SR2 sold for a median £265,474 against £274,998 for existing ones, a difference of -3.5%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in SR2 hold their value?

77 homes in SR2 bought new and later resold changed by a median +4.5%, typically after 4.6 years. The local market moved +21.1% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in SR2?

Recent new-build sales recorded by Land Registry in SR2 include Leicester Way, Bury Close, Rochester Way, Peterborough Way, Winchester Road. New streets appear once the first homes complete.

How do I know if a new build in SR2 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers