Housing Market Analysis for BANKSIDE ROAD, IG1 2NX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £173,667 median price is £167,500 Standard Deviation is £103,730 with Total Sold: 6
    • The Last 5 Year average price is £280,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 24 BANKSIDE ROAD: £325,000 (Sold on 10 Jul 2020)
    • The first recorded sale happened at this postcode is 6 BANKSIDE ROAD: £65,000 (Sold on 25 Jun 1997)
  • Flat
    • The average price is around £116,667 median price is £65,000 Standard Deviation is £73,068 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 BANKSIDE ROAD: £220,000 (Sold on 09 Jun 2006)
    • The first recorded sale happened at this postcode is 8 BANKSIDE ROAD: £65,000 (Sold on 20 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2NX 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
2020£280,000 £3,544 2
2017£259,000 £2,878 1
2000£100,000 £1,163 1
1997£61,500 £722 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£220,000 £2,558 1
1997£65,000 £756 2

All the Sales in the BANKSIDE ROAD, IG1 2NX

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

AddressSold DatePrice% Change
24 BANKSIDE ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1996-200210 Jul 2020£325,00038.30%
09 Mar 2020£235,000First Sale
6 BANKSIDE ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1996-200220 Apr 2017£259,000298.46%
25 Jun 1997£65,000First Sale
4 BANKSIDE ROADFlat, FreeholdArea: 86 Sq.mtrAge: 1996-200209 Jun 2006£220,000238.46%
01 Aug 1997£65,000First Sale
10 BANKSIDE ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1996-200221 Dec 2000£100,000First Sale
16 BANKSIDE ROADTerraced, Freehold12 Sep 1997£58,000First Sale
8 BANKSIDE ROADFlat, Freehold20 Jun 1997£65,000First Sale

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

BANKSIDE ROAD, IG1 2NX Near By properties

Interactive Map

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

  • Flat
    • The average price is around £146,659 median price is £155,000 Standard Deviation is £70,683 with Total Sold: 750
    • The Last 5 Year average price is £238,017 with Total Sold: 76
    • The most recent sale happened at this postcode is , 78A FANSHAWE AVENUE: £150,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 83B GLENNY ROAD: £23,000 (Sold on 24 Jan 1995)
  • Terraced
    • The average price is around £195,566 median price is £192,000 Standard Deviation is £112,516 with Total Sold: 2,585
    • The Last 5 Year average price is £389,822 with Total Sold: 247
    • The most recent sale happened at this postcode is , 10 DURHAM PLACE: £345,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 84 HENLEY ROAD: £59,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £383,500 median price is £350,000 Standard Deviation is £213,551 with Total Sold: 13
    • The Last 5 Year average price is £614,000 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 , 160 LONGBRIDGE ROAD: £215,000 (Sold on 25 Jul 1997)
  • Semi-Detached
    • The average price is around £222,934 median price is £197,500 Standard Deviation is £149,013 with Total Sold: 78
    • The Last 5 Year average price is £444,056 with Total Sold: 9
    • The most recent sale happened at this postcode is , 72C VICTORIA ROAD: £548,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 LOXFORD LANE: £68,000 (Sold on 30 Mar 1995)
  • Other
    • The average price is around £803,637 median price is £197,000 Standard Deviation is £1,537,424 with Total Sold: 15
    • The Last 5 Year average price is £274,867 with Total Sold: 9
    • The most recent sale happened at this postcode is , 30 BLACKTHORN ROAD: £19,000 (Sold on 02 Aug 2023)
    • The first recorded sale happened at this postcode is , 55 PITTMAN GARDENS: £100,000 (Sold on 15 Nov 2012)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£209,083 £4,579 6
2023£301,500 £6,726 8
2022£266,312 £4,628 16
2021£209,417 £4,069 18
2020£204,167 £3,976 9
2019£239,726 £3,934 19
2018£211,962 £4,457 13
2017£220,933 £4,282 15
2016£209,933 £3,916 30
2015£170,096 £3,298 26
2014£175,605 £2,902 19
2013£146,100 £2,702 10
2012£137,000 £2,382 5
2011£132,188 £2,160 8
2010£113,312 £2,058 16
2009£113,591 £2,144 11
2008£165,055 £3,154 31
2007£174,966 £3,168 50
2006£146,387 £2,685 37
2005£161,887 £2,719 54
2004£170,322 £2,910 130
2003£127,279 £2,360 48
2002£81,698 £1,881 24
2001£67,456 £1,303 31
2000£54,695 £1,126 23
1999£48,118 £919 30
1998£43,825 £893 20
1997£40,947 £708 25
1996£32,781 £752 8
1995£32,222 £663 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£411,267 £5,292 15
2023£388,858 £4,836 46
2022£430,405 £4,929 37
2021£405,417 £4,589 66
2020£361,965 £4,214 42
2019£349,866 £4,354 41
2018£367,170 £4,193 48
2017£357,880 £4,069 46
2016£340,370 £3,847 64
2015£304,531 £3,285 69
2014£265,332 £3,074 84
2013£239,333 £2,779 51
2012£227,346 £2,546 26
2011£228,925 £2,533 52
2010£224,681 £2,519 51
2009£199,651 £2,175 29
2008£228,984 £2,504 65
2007£240,824 £2,740 146
2006£213,886 £2,568 147
2005£223,096 £2,416 110
2004£209,516 £2,517 168
2003£186,554 £2,086 151
2002£151,554 £1,822 139
2001£117,976 £1,349 147
2000£100,650 £1,224 122
1999£81,216 £949 148
1998£73,464 £827 152
1997£65,085 £774 137
1996£57,735 £713 107
1995£56,305 £621 79
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2022£992,000 £3,984 1
2021£500,0001
2018£560,000 £2,205 1
2009£415,0001
2007£272,500 £2,628 2
2006£357,500 £2,421 3
2002£178,000 £1,281 1
1997£186,500 £848 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£548,0001
2023£683,000 £5,135 1
2022£275,000 £6,548 1
2020£423,833 £3,983 3
2019£406,333 £4,015 3
2018£330,000 £4,333 2
2017£400,000 £3,279 1
2016£370,0001
2015£476,250 £3,015 4
2012£339,000 £2,428 2
2009£334,000 £2,178 1
2008£370,000 £1,745 1
2007£250,332 £2,786 3
2006£211,000 £2,356 3
2005£230,824 £2,601 6
2004£237,983 £2,047 6
2003£177,258 £2,160 6
2002£171,000 £1,317 4
2001£121,000 £1,066 6
2000£155,000 £964 3
1999£95,167 £923 9
1998£83,500 £988 2
1997£54,998 £599 2
1996£59,400 £488 5
1995£54,750 £519 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£254,500 £354 2
2021£507,000 £5,778 2
2020£245,0001
2019£176,450 £1,634 4
2018£4,240,7601
2017£2,567,500 £795 2
2016£30,0001
2015£75,0001
2012£100,000 £2,392 1

House Type in IG1 2NX area

The most common house types in the IG1 2NX postcode area are Terraced (64), Semi-detached (16), and Detached (9).

Total94
Terraced64
Semi-detached16
Detached9
Flat5
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (64), and Social rented: Rents from council or Local Authority (10).

Social rented: Other social rented64
Social rented: Rents from council or Local Authority10
Private rented: Private landlord or letting agency7
Owned: Owns outright6
Owned: Owns with a mortgage or loan5
Shared ownership: Shared ownership2
Lives rent free1
Does not apply0
Private rented: Other private rented0

Number of People in a Household

The most houses in the IG1 2NX have 3 people in household (23), and 2 people in household (22).

3 people in household23
2 people in household22
4 people in household18
1 person in household15
5 people in household13
8 or more people in household3
6 people in household2
7 people in household1
0 people in household0