Housing Market Analysis for MAY TERRACE, IG1 2HX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £293,333 median price is £240,000 Standard Deviation is £125,242 with Total Sold: 9
    • The Last 5 Year average price is £433,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 MAY TERRACE: £445,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is 6 MAY TERRACE: £143,000 (Sold on 27 May 2002)
  • Semi-Detached
    • The average price is around £230,000 median price is £230,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 MAY TERRACE: £230,000 (Sold on 20 Oct 2006)
    • The first recorded sale happened at this postcode is 1 MAY TERRACE: £230,000 (Sold on 20 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2HX 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
2023£445,000 £3,803 2
2021£410,000 £4,824 1
2018£410,000 £4,607 1
2012£240,000 £2,697 1
2007£240,000 £3,117 1
2002£149,9983
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£230,000 £2,771 1

All the Sales in the MAY TERRACE, IG1 2HX

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

AddressSold DatePrice% Change
4 MAY TERRACETerraced, FreeholdArea: 117 Sq.mtrAge: 1930-194919 Dec 2023£445,0000.0
19 Dec 2023£445,000First Sale
3 MAY TERRACETerraced, FreeholdArea: 85 Sq.mtrAge: 1930-194909 Apr 2021£410,000First Sale
2 MAY TERRACETerraced, FreeholdArea: 89 Sq.mtrAge: 1930-194923 Nov 2018£410,00070.83%
06 Sep 2012£240,000First Sale
5 MAY TERRACETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-192905 Jan 2007£240,000First Sale
1 MAY TERRACESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-194920 Oct 2006£230,000First Sale
6 MAY TERRACETerraced, Freehold12 Sep 2002£169,99524.08%
27 May 2002£137,000-4.20%
27 May 2002£143,000First Sale

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

MAY TERRACE, IG1 2HX Near By properties

Interactive Map

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

  • Flat
    • The average price is around £105,616 median price is £71,500 Standard Deviation is £153,799 with Total Sold: 807
    • The Last 5 Year average price is £294,812 with Total Sold: 56
    • 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 £190,722 median price is £181,500 Standard Deviation is £117,189 with Total Sold: 3,594
    • The Last 5 Year average price is £397,607 with Total Sold: 351
    • 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 £343,000 median price is £302,500 Standard Deviation is £206,039 with Total Sold: 10
    • 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 , 21 JASMINE CLOSE: £92,500 (Sold on 02 Sep 1996)
  • Semi-Detached
    • The average price is around £197,855 median price is £180,000 Standard Deviation is £120,155 with Total Sold: 71
    • The Last 5 Year average price is £421,833 with Total Sold: 9
    • 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 £767,777 median price is £250,000 Standard Deviation is £1,543,814 with Total Sold: 41
    • The Last 5 Year average price is £802,000 with Total Sold: 25
    • The most recent sale happened at this postcode is , 93 ILFORD LANE: £1,000 (Sold on 24 Nov 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£237,7508
2023£632,389 £18,843 9
2022£209,950 £4,141 10
2021£208,000 £4,524 18
2020£205,000 £4,257 2
2019£295,833 £4,607 9
2018£199,864 £4,897 11
2017£222,400 £4,532 10
2016£195,000 £4,227 12
2015£176,225 £3,774 20
2014£147,870 £2,877 27
2013£115,500 £2,592 3
2012£128,444 £2,462 9
2011£106,000 £2,372 4
2010£116,900 £2,366 5
2009£114,429 £2,375 7
2008£177,795 £3,874 22
2007£158,591 £2,742 22
2006£147,087 £2,689 40
2005£149,838 £3,050 25
2004£137,358 £2,469 26
2003£117,629 £2,236 34
2002£95,249 £2,078 41
2001£72,288 £1,400 50
2000£64,742 £1,291 33
1999£56,496 £1,056 48
1998£48,782 £924 30
1997£46,652 £943 96
1996£43,344 £848 28
1995£47,342 £1,024 148
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£374,173 £3,271 26
2023£425,762 £4,568 60
2022£423,992 £4,793 62
2021£404,788 £4,533 94
2020£361,005 £4,169 58
2019£372,745 £4,376 51
2018£379,457 £4,095 51
2017£356,395 £3,847 70
2016£345,346 £3,828 78
2015£296,013 £3,255 107
2014£273,184 £3,071 87
2013£237,725 £2,757 69
2012£223,436 £2,565 63
2011£233,812 £2,486 66
2010£216,980 £2,608 62
2009£217,126 £2,286 53
2008£242,987 £2,540 82
2007£252,264 £2,842 162
2006£220,971 £2,625 179
2005£217,496 £2,463 133
2004£204,175 £2,461 178
2003£187,711 £2,246 199
2002£148,657 £1,651 197
2001£122,009 £1,423 219
2000£105,691 £1,306 182
1999£85,439 £912 213
1998£74,104 £874 217
1997£67,802 £782 191
1996£59,427 £733 224
1995£59,585 £740 161
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£442,500 £9,440 2
2006£235,000 £3,026 1
2001£275,0001
1999£85,000 £1,323 1
1996£92,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£537,5001
2023£402,500 £5,067 2
2022£490,000 £5,213 1
2021£410,000 £4,713 1
2020£500,000 £4,587 1
2019£351,333 £3,717 3
2018£345,000 £3,450 1
2017£470,000 £4,801 1
2015£316,500 £3,233 1
2012£281,000 £2,989 1
2011£160,000 £1,383 1
2010£170,000 £1,910 1
2009£210,000 £2,333 1
2008£212,500 £2,713 1
2007£251,500 £3,411 4
2006£256,665 £2,755 3
2005£216,000 £2,809 3
2004£212,000 £1,623 2
2003£217,714 £2,503 7
2002£167,500 £1,656 2
2001£129,611 £1,242 9
2000£163,000 £1,295 3
1999£98,690 £1,043 5
1998£77,999 £836 5
1997£89,580 £893 3
1996£66,250 £964 2
1995£73,166 £753 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£401,833 £5,474 6
2022£1,642,444 £29,051 9
2021£334,167 £10,336 6
2020£176,0002
2019£250,0002
2018£729,000 £4,335 4
2017£113,333 £2,456 3
2016£1,590,574 £3,837 5
2015£62,5002
2014£90,000 £2,143 1
2013£5,0001

House Type in IG1 2HX area

The most common house types in the IG1 2HX 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 2HX 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