Housing Market Analysis for LANCASTER PLACE, IG1 2XH

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £134,101 median price is £110,000 Standard Deviation is £78,532 with Total Sold: 33
    • The Last 5 Year average price is £271,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 14 LANCASTER PLACE: £350,000 (Sold on 15 Oct 2021)
    • The first recorded sale happened at this postcode is 2 LANCASTER PLACE: £60,000 (Sold on 05 May 1995)
  • Flat
    • The average price is around £100,417 median price is £114,750 Standard Deviation is £37,132 with Total Sold: 3
    • The most recent sale happened at this postcode is 13 LANCASTER PLACE: £137,000 (Sold on 08 Mar 2004)
    • The first recorded sale happened at this postcode is 13 LANCASTER PLACE: £49,500 (Sold on 05 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2XH 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
2021£271,333 £5,841 3
2018£250,000 £5,814 1
2017£290,000 £3,916 1
2016£240,000 £5,854 1
2010£146,000 £3,318 1
2007£212,498 £3,604 2
2006£149,000 £3,593 2
2004£139,211 £2,943 4
2003£130,000 £3,095 1
2002£126,500 £2,425 2
2001£102,250 £1,688 2
2000£84,333 £1,642 3
1998£63,665 £1,131 3
1997£56,500 £1,115 2
1996£50,249 £1,019 4
1995£60,000 £1,132 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£137,000 £3,186 1
2002£114,750 £2,669 1
1999£49,500 £1,151 1

All the Sales in the LANCASTER PLACE, IG1 2XH

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

AddressSold DatePrice% Change
14 LANCASTER PLACETerraced, FreeholdArea: 52 Sq.mtrAge: 1983-199015 Oct 2021£350,000First Sale
17 LANCASTER PLACETerraced, FreeholdArea: 42 Sq.mtrAge: 1991-199530 Apr 2021£229,00060.14%
16 Feb 2006£143,00010.00%
17 Jun 2003£130,000106.35%
14 Jan 2000£63,00023.54%
09 Apr 1998£50,99510.86%
18 Jul 1997£46,0009.52%
24 May 1996£42,000First Sale
7 LANCASTER PLACETerraced, FreeholdArea: 44 Sq.mtrAge: 1983-199012 Mar 2021£235,00060.96%
12 Feb 2010£146,0002.10%
17 Dec 2004£143,000First Sale
11 LANCASTER PLACETerraced, FreeholdArea: 43 Sq.mtrAge: 1991-199513 Apr 2018£250,00078.58%
20 Aug 2004£139,99540.21%
17 May 2004£99,850126.93%
30 Aug 1996£44,000First Sale
5 LANCASTER PLACETerraced, FreeholdArea: 74.06 Sq.mtrAge: 1983-199011 Apr 2017£290,000291.89%
02 Nov 1998£74,000First Sale
6 LANCASTER PLACETerraced, FreeholdArea: 41 Sq.mtrAge: 1983-199023 Mar 2016£240,00054.84%
27 Oct 2006£155,000First Sale
16 LANCASTER PLACETerraced, FreeholdArea: 55 Sq.mtrAge: 1976-198225 May 2007£199,995100.00%
02 Nov 2000£100,000First Sale
1 LANCASTER PLACETerraced, FreeholdArea: 63 Sq.mtrAge: 1983-199028 Feb 2007£225,00052.03%
17 Jul 2002£148,000First Sale
4 LANCASTER PLACETerraced, Freehold14 Jul 2004£174,00058.18%
03 Oct 2001£110,000First Sale
13 LANCASTER PLACEFlat, FreeholdArea: 43 Sq.mtrAge: 1991-199508 Mar 2004£137,00019.39%
25 Oct 2002£114,750131.82%
05 Feb 1999£49,500First Sale
18 LANCASTER PLACETerraced, FreeholdArea: 42 Sq.mtrAge: 1930-194904 Dec 2002£105,000First Sale
9 LANCASTER PLACETerraced, FreeholdArea: 56 Sq.mtrAge: 1983-199012 Jan 2001£94,50071.82%
29 Nov 1996£55,000First Sale
8 LANCASTER PLACETerraced, FreeholdArea: 56 Sq.mtrAge: 1983-199028 Sep 2000£90,00050.01%
28 Feb 1996£59,995First Sale
15 LANCASTER PLACETerraced, FreeholdArea: 56 Sq.mtrAge: 1983-199014 Jan 1998£66,000First Sale
10 LANCASTER PLACETerraced, FreeholdArea: 59 Sq.mtrAge: 1991-199520 Nov 1997£67,000First Sale
2 LANCASTER PLACETerraced, FreeholdArea: 53 Sq.mtrAge: 1991-199505 May 1995£60,000First Sale

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

LANCASTER PLACE, IG1 2XH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £197,159 median price is £195,000 Standard Deviation is £116,017 with Total Sold: 3,467
    • The Last 5 Year average price is £401,107 with Total Sold: 347
    • The most recent sale happened at this postcode is , 145 GRANGE ROAD: £400,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 253 MORTLAKE ROAD: £52,000 (Sold on 03 Jan 1995)
  • Detached
    • The average price is around £278,625 median price is £255,000 Standard Deviation is £61,202 with Total Sold: 8
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • 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 , 131 SUNNYSIDE ROAD: £189,000 (Sold on 07 Dec 2001)
  • Flat
    • The average price is around £150,411 median price is £160,000 Standard Deviation is £70,121 with Total Sold: 570
    • The Last 5 Year average price is £235,290 with Total Sold: 62
    • The most recent sale happened at this postcode is , 64 PITTMAN GARDENS: £198,500 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 132 LOXFORD LANE: £47,725 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £321,992 median price is £197,000 Standard Deviation is £478,291 with Total Sold: 39
    • The Last 5 Year average price is £435,904 with Total Sold: 26
    • 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 , 55 PITTMAN GARDENS: £100,000 (Sold on 15 Nov 2012)
  • Semi-Detached
    • The average price is around £205,896 median price is £185,000 Standard Deviation is £112,725 with Total Sold: 55
    • The Last 5 Year average price is £428,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 24 LOXFORD LANE: £500,000 (Sold on 13 Feb 2020)
    • The first recorded sale happened at this postcode is , 2 LOXFORD LANE: £68,000 (Sold on 30 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,217 £4,646 23
2023£420,846 £4,953 57
2022£427,953 £4,935 65
2021£416,156 £4,606 90
2020£365,644 £3,973 54
2019£366,000 £4,187 58
2018£365,274 £4,093 59
2017£354,452 £3,866 63
2016£349,313 £3,956 88
2015£312,197 £3,287 99
2014£277,608 £3,112 96
2013£239,898 £2,768 68
2012£219,114 £2,416 59
2011£234,578 £2,549 71
2010£226,966 £2,647 67
2009£210,125 £2,328 47
2008£239,933 £2,504 76
2007£245,669 £2,799 173
2006£219,105 £2,595 182
2005£227,337 £2,505 116
2004£217,429 £2,575 193
2003£191,304 £2,315 199
2002£152,920 £1,749 187
2001£120,337 £1,371 217
2000£104,372 £1,203 168
1999£85,493 £927 209
1998£73,304 £862 177
1997£67,878 £819 187
1996£57,917 £694 165
1995£57,512 £620 154
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2018£350,000 £3,804 1
2017£360,000 £4,737 1
2007£235,000 £3,026 1
2006£235,000 £3,026 1
2005£265,0001
2003£245,0001
2001£189,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,9176
2023£222,750 £3,476 8
2022£261,923 £4,313 13
2021£239,929 £4,113 14
2020£226,500 £4,009 8
2019£224,808 £4,061 13
2018£212,500 £4,121 6
2017£231,375 £4,433 12
2016£217,312 £4,074 16
2015£181,700 £3,344 15
2014£162,727 £2,536 22
2013£163,600 £2,678 5
2012£126,000 £2,132 3
2011£155,300 £2,277 5
2010£133,950 £2,259 10
2009£118,786 £2,215 7
2008£183,510 £3,424 20
2007£189,770 £3,035 37
2006£159,245 £2,731 30
2005£174,944 £2,823 47
2004£183,083 £3,028 79
2003£137,743 £2,465 47
2002£91,486 £1,680 18
2001£70,031 £1,282 29
2000£59,361 £1,035 18
1999£53,316 £958 27
1998£46,187 £893 16
1997£46,666 £711 15
1996£39,583 £781 15
1995£35,747 £693 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£404,143 £5,496 7
2022£696,400 £6,250 5
2021£405,714 £8,202 7
2020£371,375 £7,411 4
2019£232,333 £3,142 3
2018£122,600 £2,176 3
2017£71,200 £2,456 2
2016£131,333 £3,364 3
2015£62,5002
2014£90,000 £2,143 1
2013£5,0001
2012£100,000 £2,392 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£500,000 £4,587 1
2019£411,000 £4,241 4
2018£337,500 £4,303 2
2017£400,000 £3,279 1
2014£400,000 £3,200 1
2010£228,500 £3,028 2
2007£250,000 £3,948 2
2006£230,665 £2,755 3
2005£274,974 £2,713 2
2004£248,580 £2,447 5
2003£194,571 £2,321 7
2002£145,000 £1,824 2
2001£124,062 £1,033 8
2000£145,400 £1,295 5
1999£95,992 £1,028 6
1998£82,665 £839 3
1995£68,0001

House Type in IG1 2XH area

The most common house types in the IG1 2XH postcode area are Terraced (60), Semi-detached (22), and Detached (17).

Total103
Terraced60
Semi-detached22
Detached17
Shared house3
Flat1
converted building0
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 (37), and Owned: Owns with a mortgage or loan (26).

Private rented: Private landlord or letting agency37
Owned: Owns with a mortgage or loan26
Social rented: Other social rented16
Owned: Owns outright15
Social rented: Rents from council or Local Authority6
Private rented: Other private rented3
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IG1 2XH have 3 people in household (29), and 2 people in household (23).

3 people in household29
2 people in household23
1 person in household17
4 people in household13
5 people in household13
6 people in household7
7 people in household1
0 people in household0
8 or more people in household0