Housing Market Analysis for MADRAS ROAD, IG1 2EY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £159,129 median price is £165,000 Standard Deviation is £91,517 with Total Sold: 63
    • The Last 5 Year average price is £430,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 47 MADRAS ROAD: £430,000 (Sold on 22 Mar 2019)
    • The first recorded sale happened at this postcode is 8 MADRAS ROAD: £40,000 (Sold on 12 May 1995)
  • Flat
    • The average price is around £144,875 median price is £143,750 Standard Deviation is £26,035 with Total Sold: 4
    • The most recent sale happened at this postcode is FIRST FLOOR FLAT, 18 MADRAS ROAD: £113,000 (Sold on 22 Oct 2012)
    • The first recorded sale happened at this postcode is GROUND FLOOR FLAT, 18 MADRAS ROAD: £127,500 (Sold on 09 Aug 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2EY 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£430,000 £3,525 1
2016£297,000 £3,746 2
2015£266,000 £3,216 6
2014£240,000 £2,581 1
2013£242,000 £2,782 1
2011£240,000 £3,000 1
2010£205,000 £2,562 1
2008£257,500 £2,330 2
2007£199,667 £2,479 3
2006£226,800 £3,081 5
2005£205,250 £2,319 4
2004£180,000 £1,935 1
2003£184,500 £2,354 4
2002£146,688 £1,666 5
2001£126,5001
2000£113,500 £2,460 1
1999£74,749 £921 4
1998£67,749 £1,104 9
1997£65,817 £810 3
1996£52,917 £591 6
1995£47,000 £443 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£113,0001
2007£160,0001
2006£153,2502

All the Sales in the MADRAS ROAD, IG1 2EY

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

AddressSold DatePrice% Change
47 MADRAS ROADTerraced, FreeholdArea: 122 Sq.mtrAge: 1900-192922 Mar 2019£430,00059.26%
08 Feb 2008£270,00037.06%
01 May 2003£197,000First Sale
20 MADRAS ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-192925 Jul 2016£345,000475.48%
11 Nov 1997£59,950First Sale
7 MADRAS ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1930-194923 Mar 2016£249,00013.18%
16 Jun 2006£220,000First Sale
11 MADRAS ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1900-192918 Dec 2015£340,00041.67%
25 Jul 2011£240,00017.07%
07 Oct 2010£205,000-18.00%
11 Nov 2005£250,00045.35%
28 Feb 2005£172,000First Sale
37 MADRAS ROADTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-192915 May 2015£300,00025.00%
20 Oct 2014£240,000258.21%
04 Dec 1996£67,000First Sale
5 MADRAS ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-192922 Apr 2015£165,000-17.50%
18 Oct 2005£200,00033.33%
19 Mar 2002£150,000First Sale
28 MADRAS ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 1930-194902 Apr 2015£195,00021.88%
14 Oct 2002£159,995First Sale
22 MADRAS ROADTerraced, FreeholdArea: 92 Sq.mtrAge: 1930-194930 Mar 2015£300,000101.34%
15 Jan 2007£149,000-18.58%
12 Dec 2003£183,000First Sale
48 MADRAS ROADTerraced, FreeholdArea: 66 Sq.mtrAge: before 190011 Mar 2015£296,000First Sale
30 MADRAS ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-192913 Sep 2013£242,000First Sale
FIRST FLOOR FLAT, 18 MADRAS ROADFlat, Leasehold22 Oct 2012£113,000-29.38%
15 Nov 2007£160,000-10.61%
09 Aug 2006£179,000First Sale
10 MADRAS ROADTerraced, FreeholdArea: 112 Sq.mtrAge: 1900-192925 Sep 2008£245,00013.95%
19 May 2006£215,0008.04%
27 Apr 2005£199,00019.16%
12 Dec 2002£167,000First Sale
1 MADRAS ROADTerraced, FreeholdArea: 73.16 Sq.mtrAge: 1900-192919 Nov 2007£245,000First Sale
2 MADRAS ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1930-194923 Mar 2007£205,000First Sale
31 MADRAS ROADTerraced, FreeholdArea: 100 Sq.mtrAge: before 190011 Dec 2006£237,000First Sale
GROUND FLOOR FLAT, 18 MADRAS ROADFlat, Leasehold09 Aug 2006£127,500First Sale
18 MADRAS ROADTerraced, FreeholdArea: 42.46 Sq.mtrAge: 1900-192902 Jun 2006£235,00034.29%
27 Jun 2003£175,00054.19%
23 Oct 2000£113,50048.85%
25 Nov 1998£76,25022.00%
09 Apr 1998£62,500First Sale
35 MADRAS ROADTerraced, Freehold02 May 2006£227,000First Sale
39 MADRAS ROADTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-192919 Mar 2004£180,000First Sale
4 MADRAS ROADTerraced, FreeholdArea: 122 Sq.mtrAge: 1900-192901 May 2003£183,000154.17%
26 Jun 1998£72,00033.33%
01 Dec 1995£54,000First Sale
38 MADRAS ROADTerraced, Freehold27 Mar 2002£117,444First Sale
43 MADRAS ROADTerraced, Freehold11 Mar 2002£139,00098.57%
19 Nov 1997£70,000First Sale
36 MADRAS ROADTerraced, Freehold02 Nov 2001£126,500First Sale
21 MADRAS ROADTerraced, Freehold16 Nov 1999£77,000First Sale
41 MADRAS ROADTerraced, Freehold30 Jun 1999£87,00050.00%
12 Sep 1996£58,000First Sale
42 MADRAS ROADTerraced, Freehold30 Jun 1999£65,000First Sale
29 MADRAS ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1900-192906 May 1999£69,99553.84%
09 Feb 1996£45,500First Sale
23 MADRAS ROADTerraced, Freehold18 Dec 1998£68,00036.00%
08 May 1998£50,000First Sale
12 MADRAS ROADTerraced, Freehold26 Jun 1998£77,000First Sale
25 MADRAS ROADTerraced, Freehold30 Apr 1998£59,9955.25%
22 Oct 1996£57,000First Sale
17 MADRAS ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-192931 Mar 1998£74,995First Sale
19 MADRAS ROADTerraced, FreeholdArea: 87.42 Sq.mtrAge: 1900-192925 Mar 1998£69,00097.14%
17 Sep 1996£35,000First Sale
32 MADRAS ROADTerraced, Freehold23 Jun 1997£67,500First Sale
8 MADRAS ROADTerraced, Freehold06 Sep 1996£55,00037.50%
12 May 1995£40,000First Sale

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

MADRAS ROAD, IG1 2EY Near By properties

Interactive Map

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

  • Flat
    • The average price is around £114,500 median price is £89,000 Standard Deviation is £148,128 with Total Sold: 927
    • The Last 5 Year average price is £242,362 with Total Sold: 104
    • 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 FLAT 22, SPRINGFIELD COURT FORSYTHIA CLOSE: £42,500 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £194,571 median price is £185,000 Standard Deviation is £118,960 with Total Sold: 3,081
    • The Last 5 Year average price is £400,796 with Total Sold: 309
    • 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 £409,643 median price is £350,000 Standard Deviation is £209,542 with Total Sold: 7
    • The Last 5 Year average price is £388,750 with Total Sold: 2
    • 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 , 1 BAXTER ROAD: £85,000 (Sold on 29 Oct 1999)
  • Semi-Detached
    • The average price is around £179,711 median price is £157,500 Standard Deviation is £110,946 with Total Sold: 68
    • The Last 5 Year average price is £399,417 with Total Sold: 6
    • 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 £2,544,636 median price is £252,000 Standard Deviation is £10,567,011 with Total Sold: 45
    • The Last 5 Year average price is £720,883 with Total Sold: 28
    • 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 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£233,556 £2,260 9
2023£500,577 £14,127 13
2022£219,225 £4,115 16
2021£186,000 £3,927 27
2020£199,546 £3,441 13
2019£210,477 £4,054 26
2018£189,250 £4,397 16
2017£203,147 £3,348 15
2016£191,207 £3,762 24
2015£151,161 £3,245 28
2014£147,691 £2,778 34
2013£128,500 £2,680 11
2012£126,567 £2,470 15
2011£143,062 £2,328 15
2010£111,929 £2,398 7
2009£142,286 £2,343 7
2008£181,601 £3,880 24
2007£160,077 £2,970 29
2006£152,797 £2,617 37
2005£159,317 £3,387 33
2004£128,542 £2,391 31
2003£109,568 £2,068 41
2002£94,765 £2,080 43
2001£72,118 £1,456 50
2000£60,344 £1,256 39
1999£56,119 £1,050 50
1998£47,664 £895 33
1997£40,527 £802 35
1996£39,418 £780 27
1995£47,461 £1,031 179
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,881 £3,271 21
2023£420,995 £4,542 58
2022£429,940 £4,827 58
2021£410,757 £4,419 84
2020£357,669 £4,093 46
2019£374,928 £4,429 42
2018£377,268 £3,997 50
2017£362,206 £3,881 59
2016£342,246 £3,778 71
2015£295,559 £3,249 101
2014£274,278 £3,045 77
2013£232,760 £2,686 56
2012£223,368 £2,473 53
2011£229,381 £2,508 58
2010£217,504 £2,574 57
2009£223,338 £2,314 45
2008£245,006 £2,514 67
2007£252,300 £2,849 146
2006£221,670 £2,570 158
2005£216,583 £2,407 119
2004£209,012 £2,367 151
2003£188,707 £2,233 166
2002£146,884 £1,671 186
2001£122,371 £1,408 182
2000£106,594 £1,226 157
1999£85,000 £875 183
1998£74,794 £849 170
1997£66,976 £766 170
1996£57,983 £675 183
1995£55,794 £629 107
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2022£427,500 £7,858 1
2018£750,000 £18,293 1
2013£330,000 £2,643 1
2007£650,000 £15,854 1
2001£275,0001
1999£85,000 £1,323 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£537,5001
2023£402,500 £5,067 2
2019£351,333 £3,717 3
2018£345,000 £3,450 1
2017£470,000 £4,801 1
2015£264,125 £2,812 4
2014£185,500 £2,753 2
2011£160,000 £1,383 1
2010£170,000 £1,910 1
2008£219,750 £3,076 2
2007£250,000 £3,948 2
2006£237,749 £2,751 4
2005£220,000 £2,809 1
2004£228,332 £2,231 3
2003£214,200 £2,585 5
2002£146,667 £1,420 3
2001£125,722 £1,166 9
2000£106,375 £1,196 4
1999£88,121 £1,018 7
1998£77,999 £836 5
1997£67,500 £470 2
1996£55,500 £630 2
1995£45,000 £467 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£326,373 £5,474 6
2022£1,485,949 £20,030 10
2021£340,125 £8,832 8
2020£107,0001
2019£179,6673
2018£183,000 £4,335 2
2017£113,333 £2,456 3
2016£10,387,541 £3,837 9
2015£62,5002
2013£5,0001

House Type in IG1 2EY area

The most common house types in the IG1 2EY postcode area are Flat (48), Terraced (38), and commercial building (17).

Total128
Flat48
Terraced38
commercial building17
Shared house13
Semi-detached8
Detached3
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (64), and Owned: Owns with a mortgage or loan (21).

Private rented: Private landlord or letting agency64
Owned: Owns with a mortgage or loan21
Owned: Owns outright17
Social rented: Rents from council or Local Authority15
Private rented: Other private rented4
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG1 2EY have 4 people in household (30), and 1 person in household (25).

4 people in household30
1 person in household25
2 people in household25
3 people in household19
5 people in household13
6 people in household5
7 people in household5
8 or more people in household2
0 people in household0