Housing Market Analysis for HERMITAGE CLOSE, E18 2BW

Are you looking to understand E18 2BW house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Redbridge postcode.

For the location information and nearby amenities in the E18 2BW area, explore the E18 2BW Area information page.
For comprehensive crime statistics in the E18 2BW area, explore the E18 2BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the E18 2BW postcode area, The average prices are as follows,

Detached
- The average price is around £764,692 median price is £705,000 Standard Deviation is £364,637 with Total Sold: 13
- The Last 5 Year average price is £1,247,500 with Total Sold: 4
- The most recent sale happened at this postcode is 14 HERMITAGE CLOSE: £1,200,000 (Sold on 22 Apr 2024)
- The first recorded sale happened at this postcode is 16 HERMITAGE CLOSE: £200,000 (Sold on 08 Aug 1997)
Semi-Detached
- The average price is around £183,000 median price is £183,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 9 HERMITAGE CLOSE: £183,000 (Sold on 28 Jan 1998)
- The first recorded sale happened at this postcode is 9 HERMITAGE CLOSE: £183,000 (Sold on 28 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average E18 2BW house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,200,000		1
2023	£1,350,000	£7,988	1
2022	£1,315,000	£5,572	1
2021	£1,125,000	£8,176	1
2013	£810,000	£4,551	1
2011	£693,333	£4,709	3
2007	£635,000		1
2006	£540,000		1
2001	£343,000	£1,864	2
1997	£200,000	£651	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1998	£183,000	£1,116	1

All the Sales in the HERMITAGE CLOSE, E18 2BW

See the table below for more details on the sold house prices in the E18 2BW, Redbridge postcode.

Address	Sold Date	Price	% Change
14 HERMITAGE CLOSEDetached, Freehold	22 Apr 2024	£1,200,000	First Sale
7 HERMITAGE CLOSEDetached, FreeholdArea: 169 Sq.mtrAge: 1930-1949	18 Jul 2023	£1,350,000	328.57%
	19 Jul 2001	£315,000	First Sale
3 HERMITAGE CLOSEDetached, FreeholdArea: 236 Sq.mtrAge: 1967-1975	26 Oct 2022	£1,315,000	First Sale
9 HERMITAGE CLOSEDetached, FreeholdArea: 137.6 Sq.mtrAge: 1930-1949	19 Aug 2021	£1,125,000	59.57%
	12 May 2011	£705,000	285.25%
	28 Jan 1998	£183,000	First Sale
6 HERMITAGE CLOSEDetached, FreeholdArea: 178 Sq.mtrAge: 1930-1949	30 Apr 2013	£810,000	11.72%
	31 May 2011	£725,000	First Sale
16 HERMITAGE CLOSEDetached, FreeholdArea: 131.84 Sq.mtrAge: 1950-1966	04 Jan 2011	£650,000	225.00%
	08 Aug 1997	£200,000	First Sale
27 HERMITAGE CLOSEDetached, Freehold	19 Dec 2007	£635,000	First Sale
20 HERMITAGE CLOSEDetached, Freehold	30 Oct 2006	£540,000	First Sale
18 HERMITAGE CLOSEDetached, Freehold	17 Apr 2001	£371,000	First Sale

Check out the sold house prices near the E18 2BW postcode. Properties currently for saleProperties currently for rent

HERMITAGE CLOSE, E18 2BW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the E18 2BW postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the E18 2BW postcode.

Flat
- The average price is around £227,824 median price is £207,000 Standard Deviation is £138,407 with Total Sold: 1,909
- The Last 5 Year average price is £420,527 with Total Sold: 253
- The most recent sale happened at this postcode is , 3 KINGSLEY GRANGE: £575,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 31 THE HOLLIES: £112,000 (Sold on 04 Jan 1995)
Detached
- The average price is around £755,771 median price is £650,000 Standard Deviation is £506,801 with Total Sold: 198
- The Last 5 Year average price is £1,199,226 with Total Sold: 28
- The most recent sale happened at this postcode is , SEATOLLER HOUSE HERMITAGE WALK: £1,350,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 8 MEADOW WALK: £175,000 (Sold on 19 May 1995)
Terraced
- The average price is around £375,926 median price is £296,500 Standard Deviation is £262,065 with Total Sold: 246
- The Last 5 Year average price is £752,695 with Total Sold: 32
- The most recent sale happened at this postcode is , 40 BUSHEY AVENUE: £985,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 58 BUSHEY AVENUE: £127,500 (Sold on 03 Feb 1995)
Semi-Detached
- The average price is around £492,220 median price is £420,000 Standard Deviation is £354,407 with Total Sold: 201
- The Last 5 Year average price is £925,296 with Total Sold: 27
- The most recent sale happened at this postcode is , 60 HERMON HILL: £648,500 (Sold on 09 May 2024)
- The first recorded sale happened at this postcode is , 28 EAGLE LANE: £195,000 (Sold on 24 Feb 1995)
Other
- The average price is around £290,443 median price is £150,000 Standard Deviation is £309,265 with Total Sold: 17
- The Last 5 Year average price is £283,254 with Total Sold: 10
- The most recent sale happened at this postcode is , 11A STATION PARADE: £400,000 (Sold on 16 Dec 2022)
- The first recorded sale happened at this postcode is FLAT 1, ROCA COURT, 18 HERMON HILL: £75,000 (Sold on 28 Oct 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£464,115	£6,388	13
2023	£455,263	£6,287	46
2022	£414,372	£6,270	59
2021	£431,530	£6,147	63
2020	£362,871	£5,446	31
2019	£403,275	£6,137	41
2018	£436,114	£6,403	51
2017	£416,057	£6,271	49
2016	£421,649	£6,108	69
2015	£311,960	£4,883	59
2014	£308,546	£4,699	70
2013	£255,030	£3,810	56
2012	£243,552	£3,738	43
2011	£238,775	£3,648	59
2010	£240,037	£3,707	41
2009	£219,777	£3,297	36
2008	£235,625	£3,638	40
2007	£247,978	£3,611	72
2006	£217,720	£3,276	77
2005	£192,898	£2,964	76
2004	£193,233	£2,852	80
2003	£187,610	£2,698	87
2002	£158,718	£2,335	91
2001	£136,309	£2,027	79
2000	£113,174	£1,750	109
1999	£89,833	£1,432	91
1998	£79,851	£1,264	79
1997	£81,789	£1,242	111
1996	£68,125	£1,081	80
1995	£61,913	£928	51

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,459,100		5
2023	£1,209,775	£6,348	3
2022	£1,345,000	£7,717	6
2021	£1,122,500	£6,746	4
2020	£1,127,000	£6,167	5
2019	£891,700	£6,352	5
2018	£2,165,000	£11,147	2
2017	£980,000	£6,486	2
2016	£1,085,000	£6,203	7
2015	£1,238,600	£5,570	5
2014	£864,333	£5,242	6
2013	£863,642	£4,756	7
2012	£1,355,500	£4,574	6
2011	£686,429	£5,334	7
2010	£987,136	£4,912	11
2009	£722,500	£4,489	2
2008	£705,000	£3,670	6
2007	£873,000	£3,209	10
2006	£794,231	£3,221	13
2005	£654,584	£2,964	6
2004	£707,458	£2,879	12
2003	£527,917	£2,131	6
2002	£695,625	£2,379	8
2001	£398,714	£1,486	7
2000	£327,222	£1,903	9
1999	£390,713	£1,567	7
1998	£300,333	£1,389	6
1997	£215,395	£1,107	11
1996	£161,667	£835	9
1995	£196,320	£1,270	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,075,333	£6,774	3
2023	£668,800	£6,233	5
2022	£792,778	£6,688	9
2021	£665,406	£7,171	8
2020	£757,000	£6,534	4
2019	£676,667	£5,325	3
2018	£735,704	£6,206	8
2017	£866,500	£5,969	2
2016	£797,900	£6,523	5
2015	£499,000	£6,559	5
2014	£609,836	£4,870	9
2013	£416,084	£5,043	3
2012	£476,142	£4,105	7
2011	£391,667	£3,908	9
2010	£297,124	£3,950	4
2009	£391,667	£4,118	3
2008	£387,000	£3,573	7
2007	£372,671	£3,775	16
2006	£357,471	£3,867	17
2005	£308,889	£2,768	9
2004	£272,077	£3,563	13
2003	£360,857	£2,989	7
2002	£187,000	£2,844	4
2001	£250,985	£2,076	11
2000	£185,876	£2,282	19
1999	£189,850	£1,517	10
1998	£134,161	£1,318	17
1997	£139,671	£1,445	16
1996	£94,895	£988	10
1995	£111,667		3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£711,750	£6,250	2
2023	£1,033,400	£7,868	5
2022	£1,038,250	£7,771	4
2021	£1,029,944	£7,252	9
2020	£1,150,000	£3,833	1
2019	£636,667	£6,167	6
2018	£817,250	£5,688	4
2017	£1,046,000	£10,225	2
2016	£934,444	£5,848	9
2015	£907,031	£5,840	8
2014	£671,250	£5,215	4
2013	£743,750	£5,043	4
2012	£773,333	£4,868	3
2011	£767,500	£4,154	2
2010	£516,214	£3,688	7
2009	£626,333	£2,734	3
2008	£472,300	£3,489	5
2007	£569,428	£6,512	7
2006	£590,222	£3,101	9
2005	£326,333	£3,220	6
2004	£450,617	£3,384	9
2003	£375,000	£2,374	8
2002	£337,929	£2,704	14
2001	£271,249	£2,112	6
2000	£222,750	£2,098	8
1999	£173,883	£1,637	9
1998	£215,954	£1,236	11
1997	£163,344	£810	8
1996	£138,414	£818	18
1995	£136,625	£548	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£432,500	£6,138	2
2021	£20,250		2
2020	£370,000		2
2019	£296,759	£905	4
2018	£2,000	£19	1
2017	£481,000	£6,673	3
2016	£220,000		3

House Type in E18 2BW area

The most common house types in the E18 2BW postcode area are Flat (70), Detached (32), and Semi-detached (3).

Total	111
Flat	70
Detached	32
Semi-detached	3
Terraced	3
converted building	2
Shared house	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright	37
Owned: Owns with a mortgage or loan	32
Private rented: Private landlord or letting agency	29
Private rented: Other private rented	11
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the E18 2BW have 2 people in household (44), and 1 person in household (35).

2 people in household	44
1 person in household	35
4 people in household	16
3 people in household	12
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0