14, MARINE DRIVE, LEECHMERE, SUNDERLAND, SR2 0DU - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 MARINE DRIVE is a detached house, which could now be worth an estimated £261,031. It was last sold for £120,000 in January 2003, which was around 1% below the average January 2003 detached price in the Sunderland local authority area.

14 MARINE DRIVE Sold Prices

Land registry data shows two sales for 14 MARINE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 14 MARINE DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 31 JAN	£120,000	£120,693	1% below HPI
1996 15 MAR	£64,450	£71,351	10% below HPI

What might 14 MARINE DRIVE be worth now?

14 MARINE DRIVE might now be worth an estimated £261,031.

This is based on house price inflation of 117.5%, between January 2003 and May 2026, for detached houses, in the Sunderland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 117.5% inflationary increase is applied to the most recent sale price for 14 MARINE DRIVE of £120,000 on 31st January 2003. For the value to have increased from £120,000 to £261,031 over the 22 years and eight months to May 2026, the following assumptions must hold true:

• The value of 14 MARINE DRIVE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The January 2003 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MARINE DRIVE has not materially changed since January 2003.

Where is 14 MARINE DRIVE?

14 MARINE DRIVE is located in LEECHMERE, in the SR2 postcode district.