Housing Market Analysis for IG1 2BY

Are you looking to understand IG1 2BY 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 2BY area, explore the IG1 2BY Area information page.
For comprehensive crime statistics in the IG1 2BY area, explore the IG1 2BY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG1 2BY postcode area, The average prices are as follows,

  • Other
    • The average price is around £2,800,000 median price is £2,800,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £2,800,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 2, IRIS HOUSE, 5 IRIS CLOSE: £2,800,000 (Sold on 07 Oct 2022)
    • The first recorded sale happened at this postcode is FLAT 2, IRIS HOUSE, 5 IRIS CLOSE: £2,800,000 (Sold on 07 Oct 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2BY 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£2,800,000 £51,852 1

All the Sales in the IG1 2BY

See the table below for more details on the sold house prices in the IG1 2BY, Redbridge postcode.

AddressSold DatePrice% Change
FLAT 2, IRIS HOUSE, 5 IRIS CLOSEOther, FreeholdArea: 54 Sq.mtr07 Oct 2022£2,800,000First Sale

Check out the sold house prices near the IG1 2BY postcode. Properties currently for saleProperties currently for rent

IG1 2BY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG1 2BY 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 2BY postcode.

  • Flat
    • The average price is around £109,185 median price is £84,000 Standard Deviation is £119,586 with Total Sold: 1,493
    • The Last 5 Year average price is £251,710 with Total Sold: 111
    • The most recent sale happened at this postcode is FLAT 2, 4 HAMILTON ROAD: £215,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 391 DERSINGHAM AVENUE: £32,500 (Sold on 10 Mar 1995)
  • Semi-Detached
    • The average price is around £158,441 median price is £120,250 Standard Deviation is £105,677 with Total Sold: 94
    • The Last 5 Year average price is £403,222 with Total Sold: 9
    • The most recent sale happened at this postcode is , 18 TULIP GARDENS: £425,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 49 AZALEA CLOSE: £78,995 (Sold on 06 Mar 1995)
  • Terraced
    • The average price is around £178,436 median price is £172,000 Standard Deviation is £109,717 with Total Sold: 3,673
    • The Last 5 Year average price is £387,616 with Total Sold: 330
    • The most recent sale happened at this postcode is , 66 WINGATE ROAD: £430,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 WINGATE ROAD: £58,700 (Sold on 05 Jan 1995)
  • Detached
    • The average price is around £267,909 median price is £275,000 Standard Deviation is £115,813 with Total Sold: 11
    • The Last 5 Year average price is £409,167 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1A VINE GARDENS: £350,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 21 JASMINE CLOSE: £92,500 (Sold on 02 Sep 1996)
  • Other
    • The average price is around £734,647 median price is £197,500 Standard Deviation is £1,574,828 with Total Sold: 40
    • The Last 5 Year average price is £766,163 with Total Sold: 23
    • The most recent sale happened at this postcode is , 227A ILFORD LANE: £1,190,000 (Sold on 12 Oct 2023)
    • The first recorded sale happened at this postcode is GROUND FLOOR SHOP, 198 ILFORD LANE: £5,000 (Sold on 01 Nov 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£221,0147
2023£395,361 £9,118 23
2022£225,242 £4,515 19
2021£211,900 £4,385 25
2020£214,060 £3,783 18
2019£203,645 £3,821 19
2018£232,100 £4,240 16
2017£220,893 £3,891 30
2016£214,425 £4,288 34
2015£172,514 £3,464 36
2014£150,558 £2,797 54
2013£132,806 £2,447 18
2012£131,513 £2,456 19
2011£152,209 £2,521 14
2010£124,167 £2,363 9
2009£119,167 £2,285 12
2008£179,743 £3,513 35
2007£158,371 £2,974 54
2006£142,556 £2,469 71
2005£140,735 £2,801 49
2004£130,954 £2,524 44
2003£116,121 £2,245 86
2002£89,308 £1,783 83
2001£73,006 £1,490 101
2000£63,449 £1,194 73
1999£54,339 £1,046 139
1998£51,339 £1,008 105
1997£46,225 £927 103
1996£38,390 £779 38
1995£46,191 £1,003 159
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,0001
2023£402,500 £5,067 2
2022£482,500 £5,160 2
2021£410,000 £4,713 1
2019£341,333 £4,054 3
2018£367,500 £4,324 1
2015£280,000 £4,308 1
2014£185,500 £2,753 2
2012£281,000 £2,989 1
2011£204,333 £2,242 3
2009£210,000 £2,333 1
2008£219,750 £3,076 2
2007£245,250 £2,968 4
2006£205,248 £2,649 4
2005£205,000 £2,809 2
2004£202,998 £2,838 3
2003£189,000 £2,293 2
2002£142,812 £1,782 8
2001£120,250 £1,477 8
2000£97,000 £1,181 5
1999£90,975 £1,112 13
1998£76,166 £895 6
1997£74,424 £921 9
1996£56,124 £686 4
1995£63,332 £707 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£401,175 £4,465 20
2023£413,556 £4,646 58
2022£410,563 £4,865 64
2021£390,480 £4,562 81
2020£355,084 £4,316 56
2019£355,176 £4,446 51
2018£371,040 £4,321 58
2017£346,770 £4,235 63
2016£328,288 £4,053 78
2015£277,581 £3,285 106
2014£259,504 £3,158 87
2013£224,679 £2,771 59
2012£211,217 £2,765 54
2011£216,292 £2,586 60
2010£204,701 £2,524 68
2009£193,715 £2,287 45
2008£230,586 £2,749 69
2007£229,724 £2,908 173
2006£213,698 £2,703 194
2005£207,053 £2,544 140
2004£196,389 £2,457 177
2003£182,999 £2,325 205
2002£141,525 £1,777 232
2001£113,951 £1,426 204
2000£100,117 £1,319 183
1999£80,296 £961 239
1998£73,197 £898 231
1997£65,612 £842 225
1996£58,429 £769 234
1995£56,113 £699 159
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2022£427,500 £7,858 1
2019£450,000 £3,333 1
2013£330,000 £2,643 1
2007£260,000 £2,230 2
2006£239,000 £2,153 1
2002£178,000 £1,281 1
2001£275,0001
1999£85,000 £1,323 1
1996£92,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£486,250 £8,844 4
2022£2,246,666 £29,051 6
2021£251,821 £6,161 7
2020£118,667 £93 3
2019£26,000 £339 3
2018£457,000 £3,518 8
2017£170,000 £2,698 1
2016£2,280,9573
2015£358,3333
2014£15,250 £263 1
2013£5,0001

House Type in IG1 2BY area

The most common house types in the IG1 2BY postcode area are Flat (88), Terraced (22), and Semi-detached (15).

Total139
Flat88
Terraced22
Semi-detached15
Detached7
Shared house7
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (55), and Private rented: Private landlord or letting agency (42).

Social rented: Rents from council or Local Authority55
Private rented: Private landlord or letting agency42
Social rented: Other social rented18
Owned: Owns with a mortgage or loan13
Owned: Owns outright7
Lives rent free2
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0

Number of People in a Household

The most houses in the IG1 2BY have 2 people in household (36), and 4 people in household (33).

2 people in household36
4 people in household33
3 people in household32
1 person in household17
5 people in household14
6 people in household4
7 people in household3
8 or more people in household1
0 people in household0