Housing Market Analysis for RICHMOND ROAD, IG1 1JG

Are you looking to understand IG1 1JG 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 IG1 1JG area, explore the IG1 1JG Area information page.
For comprehensive crime statistics in the IG1 1JG area, explore the IG1 1JG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG1 1JG postcode area, The average prices are as follows,

Flat
- The average price is around £120,033 median price is £92,000 Standard Deviation is £70,352 with Total Sold: 15
- The Last 5 Year average price is £233,500 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 2, 15A RICHMOND ROAD: £253,000 (Sold on 18 May 2022)
- The first recorded sale happened at this postcode is FLAT 2, 15 RICHMOND ROAD: £38,000 (Sold on 26 Jul 1996)
Other
- The average price is around £52,100 median price is £52,100 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 15A RICHMOND ROAD: £52,100 (Sold on 28 Oct 2016)
- The first recorded sale happened at this postcode is 15A RICHMOND ROAD: £52,100 (Sold on 28 Oct 2016)
Terraced
- The average price is around £131,874 median price is £102,000 Standard Deviation is £80,211 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 1, 15A RICHMOND ROAD: £129,000 (Sold on 09 Nov 2006)
- The first recorded sale happened at this postcode is 27 RICHMOND ROAD: £75,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 1JG 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£253,000	£6,589	1
2019	£223,750	£5,437	2
2014	£185,000	£2,721	1
2007	£125,000	£3,255	1
2004	£160,000	£2,623	1
2003	£54,000		1
2002	£96,250	£2,155	4
2000	£63,000		1
1999	£57,000	£838	1
1996	£35,500	£864	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£52,100	£1,302	1

House Type: Terraced

Year	Avg. Price	Sold
2006	£129,000	1
2002	£263,500	1
2001	£59,995	1
1995	£75,000	1

All the Sales in the RICHMOND ROAD, IG1 1JG

See the table below for more details on the sold house prices in the IG1 1JG, Redbridge postcode.

Address	Sold Date	Price	% Change
FLAT 2, 15A RICHMOND ROADFlat, LeaseholdArea: 38.4 Sq.mtrAge: before 1900	18 May 2022	£253,000	19.06%
	11 Oct 2019	£212,500	70.00%
	16 Aug 2007	£125,000	38.89%
	27 Jun 2002	£90,000	First Sale
FLAT 2, 15 RICHMOND ROADFlat, LeaseholdArea: 44 Sq.mtrAge: before 1900	29 Nov 2019	£235,000	518.42%
	26 Jul 1996	£38,000	First Sale
15A RICHMOND ROADOther, FreeholdArea: 40 Sq.mtrAge: 1900-1929	28 Oct 2016	£52,100	First Sale
FLAT 3, 15 RICHMOND ROADFlat, LeaseholdArea: 68 Sq.mtrAge: before 1900	19 Mar 2014	£185,000	224.56%
	25 Jun 1999	£57,000	First Sale
FLAT 1, 15A RICHMOND ROADTerraced, Leasehold	09 Nov 2006	£129,000	40.22%
FLAT 1, 15A RICHMOND ROADTerraced, Leasehold	23 Aug 2002	£92,000	First Sale
FLAT 3, 15A RICHMOND ROADFlat, LeaseholdArea: 61 Sq.mtrAge: 1900-1929	03 Sep 2004	£160,000	33.33%
	19 Dec 2002	£120,000	First Sale
GROUND FLOOR FLAT, 27 RICHMOND ROADFlat, Leasehold	30 Apr 2003	£54,000	First Sale
17A RICHMOND ROADTerraced, Leasehold	30 May 2002	£263,500	339.20%
17A RICHMOND ROADTerraced, Leasehold	09 Feb 2001	£59,995	First Sale
FLAT 1, 15 RICHMOND ROADFlat, Leasehold	13 Mar 2002	£83,000	31.75%
	23 Jun 2000	£63,000	90.91%
	16 Aug 1996	£33,000	First Sale
27 RICHMOND ROADTerraced, Freehold	17 Mar 1995	£75,000	First Sale

Check out the sold house prices near the IG1 1JG postcode. Properties currently for saleProperties currently for rent

RICHMOND ROAD, IG1 1JG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG1 1JG 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 IG1 1JG postcode.

Terraced
- The average price is around £202,736 median price is £180,000 Standard Deviation is £137,023 with Total Sold: 2,084
- The Last 5 Year average price is £444,855 with Total Sold: 197
- The most recent sale happened at this postcode is , 145 GRANGE ROAD: £400,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 10 PARK ROAD: £59,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £165,721 median price is £170,000 Standard Deviation is £82,470 with Total Sold: 1,696
- The Last 5 Year average price is £239,372 with Total Sold: 118
- The most recent sale happened at this postcode is FLAT 1007, RAPHAEL HOUSE, 250 HIGH ROAD: £300,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 2A SUNNYSIDE ROAD: £31,000 (Sold on 16 Jan 1995)
Semi-Detached
- The average price is around £245,953 median price is £220,000 Standard Deviation is £149,747 with Total Sold: 119
- The Last 5 Year average price is £483,767 with Total Sold: 15
- The most recent sale happened at this postcode is , 18 ALBERT ROAD: £537,500 (Sold on 23 Apr 2024)
- The first recorded sale happened at this postcode is , 11 RUTLAND ROAD: £63,000 (Sold on 27 Jan 1995)
Other
- The average price is around £2,915,340 median price is £432,500 Standard Deviation is £9,921,208 with Total Sold: 120
- The Last 5 Year average price is £1,566,226 with Total Sold: 56
- The most recent sale happened at this postcode is , 57 WOODLANDS ROAD: £37,236 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , 209A HIGH ROAD: £705,000 (Sold on 27 Jun 2013)
Detached
- The average price is around £340,263 median price is £330,000 Standard Deviation is £240,775 with Total Sold: 19
- The Last 5 Year average price is £1,056,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 180 LEY STREET: £1,056,000 (Sold on 30 Oct 2023)
- The first recorded sale happened at this postcode is , 374 - 376 HIGH ROAD: £185,000 (Sold on 12 Jan 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,938	£4,226	16
2023	£477,571	£4,697	39
2022	£477,964	£4,654	28
2021	£471,883	£4,461	49
2020	£379,156	£3,936	32
2019	£430,242	£3,910	33
2018	£414,695	£3,938	41
2017	£381,236	£3,946	33
2016	£384,424	£3,983	33
2015	£326,155	£3,270	45
2014	£286,683	£2,797	56
2013	£260,897	£2,399	29
2012	£241,118	£2,410	39
2011	£239,975	£2,453	41
2010	£239,161	£2,556	37
2009	£249,375	£2,557	38
2008	£265,756	£2,619	34
2007	£274,117	£2,896	98
2006	£236,896	£2,631	104
2005	£224,367	£2,693	84
2004	£219,634	£2,688	88
2003	£189,920	£2,281	107
2002	£165,885	£1,856	128
2001	£138,250	£1,472	140
2000	£113,565	£1,230	118
1999	£93,789	£911	131
1998	£79,776	£830	130
1997	£67,907	£763	135
1996	£60,955	£719	100
1995	£59,085	£711	98

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£229,400	£3,333	10
2023	£199,912	£3,871	17
2022	£271,269	£5,038	26
2021	£223,786	£3,919	21
2020	£231,573	£4,464	15
2019	£252,666	£4,530	29
2018	£242,250	£4,304	30
2017	£265,324	£4,671	42
2016	£233,193	£4,420	55
2015	£214,410	£3,634	89
2014	£179,513	£3,278	68
2013	£156,199	£2,816	42
2012	£149,233	£2,548	15
2011	£128,286	£2,326	7
2010	£192,792	£3,226	140
2009	£213,994	£2,389	20
2008	£192,337	£3,844	45
2007	£197,249	£3,572	80
2006	£223,306	£3,617	242
2005	£178,570	£3,281	101
2004	£140,013	£2,774	61
2003	£144,947	£2,781	129
2002	£107,241	£2,205	68
2001	£75,569	£1,562	52
2000	£65,170	£1,389	58
1999	£53,336	£1,035	55
1998	£47,438	£860	36
1997	£41,064	£773	42
1996	£39,158	£770	50
1995	£44,080	£917	51

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£506,250		2
2023	£480,000	£4,948	1
2022	£515,000	£5,195	4
2021	£532,500	£4,213	4
2020	£377,000		1
2019	£399,000	£4,401	3
2018	£466,667	£3,988	3
2017	£400,000	£4,871	3
2016	£476,667	£3,650	3
2015	£316,500	£3,233	1
2014	£225,000		1
2012	£300,000	£2,311	1
2011	£224,800	£2,110	5
2010	£239,400	£2,987	5
2009	£235,000	£2,466	3
2008	£224,000		1
2007	£224,400	£2,799	5
2006	£275,833	£2,435	6
2005	£257,500	£2,905	2
2004	£225,000	£2,028	6
2003	£248,778	£2,416	9
2002	£216,812	£1,662	8
2001	£159,958	£1,176	12
2000	£124,900	£1,051	5
1999	£105,790	£987	5
1998	£160,082	£793	6
1997	£105,714	£1,195	7
1996	£69,750		2
1995	£72,400	£602	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£701,030	£2,103	8
2022	£1,360,357	£4,591	7
2021	£2,200,460	£17,482	14
2020	£907,292	£2,040	12
2019	£2,058,933	£393	15
2018	£3,267,233	£9,017	12
2017	£4,757,750	£15,124	23
2016	£6,238,650	£2,786	14
2015	£2,803,504	£581	6
2014	£711,429		7
2013	£2,177,500	£8,598	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,056,000		1
2018	£550,000	£11,049	2
2016	£410,000	£3,796	1
2010	£263,000	£4,000	2
2007	£650,000	£15,854	1
2005	£407,000	£2,732	1
2004	£257,500	£1,678	2
2003	£335,000		1
2002	£330,000		1
2001	£340,000		1
2000	£85,000	£934	1
1999	£175,000		1
1997	£130,000		2
1996	£138,000	£611	2

House Type in IG1 1JG area

The most common house types in the IG1 1JG postcode area are Terraced (55), Flat (40), and Shared house (28).

Total	154
Terraced	55
Flat	40
Shared house	28
Semi-detached	23
Detached	6
converted building	1
temporary structure	1
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (67), and Owned: Owns outright (39).

Private rented: Private landlord or letting agency	67
Owned: Owns outright	39
Owned: Owns with a mortgage or loan	28
Social rented: Rents from council or Local Authority	10
Social rented: Other social rented	9
Private rented: Other private rented	4
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the IG1 1JG have 1 person in household (36), and 2 people in household (29).

1 person in household	36
2 people in household	29
3 people in household	28
4 people in household	22
5 people in household	15
8 or more people in household	13
7 people in household	7
6 people in household	5
0 people in household	0