Housing Market Analysis for IG1 2LW

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

Overview of Sold House prices

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

  • Other
    • The average price is around £40,000 median price is £40,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £40,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 2, 210 ILFORD LANE: £40,000 (Sold on 28 Mar 2023)
    • The first recorded sale happened at this postcode is UNIT 2, 210 ILFORD LANE: £40,000 (Sold on 28 Mar 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2LW 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
2023£40,0001

All the Sales in the IG1 2LW

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

AddressSold DatePrice% Change
UNIT 2, 210 ILFORD LANEOther, Leasehold28 Mar 2023£40,000First Sale

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

IG1 2LW Near By properties

Interactive Map

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

  • Flat
    • The average price is around £105,624 median price is £72,000 Standard Deviation is £152,845 with Total Sold: 819
    • The Last 5 Year average price is £292,854 with Total Sold: 48
    • 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 , 113A RICHMOND ROAD: £36,500 (Sold on 14 Mar 1995)
  • Terraced
    • The average price is around £192,005 median price is £183,000 Standard Deviation is £118,056 with Total Sold: 3,596
    • The Last 5 Year average price is £401,827 with Total Sold: 307
    • 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 £195,245 median price is £180,000 Standard Deviation is £115,282 with Total Sold: 69
    • The Last 5 Year average price is £450,500 with Total Sold: 5
    • 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 £717,021 median price is £245,000 Standard Deviation is £1,544,002 with Total Sold: 41
    • The Last 5 Year average price is £832,500 with Total Sold: 24
    • 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£206,667 £3,883 3
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£177,022 £3,798 23
2007£159,958 £2,767 24
2006£147,087 £2,689 40
2005£148,690 £3,035 26
2004£137,358 £2,469 26
2003£116,697 £2,226 35
2002£95,719 £2,069 42
2001£72,288 £1,400 50
2000£64,602 £1,291 34
1999£56,216 £1,054 50
1998£48,466 £919 31
1997£46,652 £943 96
1996£43,344 £848 28
1995£47,269 £1,021 149
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£374,173 £3,271 26
2023£420,818 £4,541 62
2022£424,023 £4,797 64
2021£405,391 £4,516 98
2020£362,733 £4,123 57
2019£374,906 £4,384 53
2018£379,746 £4,082 54
2017£356,922 £3,845 69
2016£345,346 £3,828 78
2015£297,098 £3,256 106
2014£278,820 £3,082 86
2013£237,903 £2,738 72
2012£223,185 £2,530 62
2011£233,812 £2,486 66
2010£217,093 £2,584 62
2009£217,938 £2,294 53
2008£244,930 £2,512 80
2007£251,904 £2,843 165
2006£221,159 £2,592 179
2005£219,030 £2,455 132
2004£204,671 £2,454 179
2003£187,695 £2,238 197
2002£149,276 £1,638 199
2001£122,116 £1,422 217
2000£105,319 £1,285 185
1999£86,010 £905 207
1998£74,244 £866 216
1997£67,531 £785 194
1996£58,960 £711 219
1995£59,479 £735 159
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
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
2011£160,000 £1,383 1
2010£195,000 £1,910 2
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£214,667 £1,623 3
2003£217,714 £2,503 7
2002£155,000 £1,824 1
2001£129,611 £1,242 9
2000£153,250 £1,295 4
1999£98,690 £1,043 5
1998£77,999 £836 5
1997£80,0001
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£347,857 £8,988 7
2020£176,0002
2019£179,6673
2018£183,000 £4,335 2
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 2LW area

The most common house types in the IG1 2LW postcode area are Terraced (80), Semi-detached (32), and Detached (16).

Total135
Terraced80
Semi-detached32
Detached16
Flat3
Shared house3
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns outright (41).

Private rented: Private landlord or letting agency55
Owned: Owns outright41
Owned: Owns with a mortgage or loan30
Social rented: Rents from council or Local Authority4
Social rented: Other social rented3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IG1 2LW have 4 people in household (21), and 6 people in household (21).

4 people in household21
6 people in household21
1 person in household19
2 people in household19
3 people in household19
5 people in household15
7 people in household10
8 or more people in household10
0 people in household0