Housing Market Analysis for THE DRIVE, IG1 3HD

Are you looking to understand IG1 3HD 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 3HD area, explore the IG1 3HD Area information page.
For comprehensive crime statistics in the IG1 3HD area, explore the IG1 3HD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG1 3HD postcode area, The average prices are as follows,

Other
- The average price is around £810,000 median price is £810,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £810,000 with Total Sold: 1
- The most recent sale happened at this postcode is 59 THE DRIVE: £810,000 (Sold on 15 Feb 2023)
- The first recorded sale happened at this postcode is 59 THE DRIVE: £810,000 (Sold on 15 Feb 2023)
Flat
- The average price is around £170,540 median price is £117,500 Standard Deviation is £238,852 with Total Sold: 20
- The Last 5 Year average price is £290,400 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 4, 53 THE DRIVE: £280,000 (Sold on 27 Oct 2022)
- The first recorded sale happened at this postcode is FLAT 3, 51 THE DRIVE: £42,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £369,938 median price is £343,250 Standard Deviation is £169,006 with Total Sold: 4
- The most recent sale happened at this postcode is 61 THE DRIVE: £600,000 (Sold on 06 Apr 2018)
- The first recorded sale happened at this postcode is 55 THE DRIVE: £193,250 (Sold on 16 Feb 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3HD 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£810,000	£8,351	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£280,000	£4,159	1
2021	£300,800	£5,371	1
2017	£1,157,500	£19,957	1
2014	£166,000	£3,952	1
2013	£175,000	£2,600	1
2011	£160,000	£2,377	1
2010	£169,000	£2,744	1
2008	£160,000		1
2005	£125,000		1
2003	£160,000	£1,649	1
2002	£110,000		1
2001	£62,000		1
1999	£48,000	£1,171	1
1998	£45,000	£1,071	1
1997	£45,000	£1,098	1
1996	£51,375	£674	4
1995	£42,000	£682	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£600,000	£2,632	1
2007	£223,500	£2,456	1
2005	£463,000	£2,031	1
2004	£193,250	£2,124	1

All the Sales in the THE DRIVE, IG1 3HD

See the table below for more details on the sold house prices in the IG1 3HD, Redbridge postcode.

Address	Sold Date	Price	% Change
59 THE DRIVEOther, LeaseholdArea: 97 Sq.mtrAge: 1930-1949	15 Feb 2023	£810,000	406.25%
59 THE DRIVEOther, LeaseholdArea: 97 Sq.mtrAge: 1930-1949	25 Jun 2003	£160,000	First Sale
FLAT 4, 53 THE DRIVEFlat, LeaseholdArea: 67.32 Sq.mtrAge: 1900-1929	27 Oct 2022	£280,000	60.00%
	01 Nov 2013	£175,000	9.38%
	11 Apr 2011	£160,000	First Sale
FLAT 2, 53 THE DRIVEFlat, LeaseholdArea: 56 Sq.mtrAge: 1900-1929	26 Mar 2021	£300,800	First Sale
61 THE DRIVESemi-Detached, FreeholdArea: 228 Sq.mtrAge: 1930-1949	06 Apr 2018	£600,000	29.59%
	10 Oct 2005	£463,000	First Sale
FLAT 1, 51 THE DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: 1900-1929	03 Feb 2017	£1,157,500	623.44%
	02 Jun 2008	£160,000	210.68%
	30 Aug 1996	£51,500	First Sale
FLAT 2, 51 THE DRIVEFlat, LeaseholdArea: 42 Sq.mtrAge: before 1900	12 Dec 2014	£166,000	268.89%
	03 Jul 1998	£45,000	First Sale
FLAT 3, 51 THE DRIVEFlat, LeaseholdArea: 61.58 Sq.mtrAge: before 1900	21 Jan 2010	£169,000	212.96%
	29 Nov 1996	£54,000	28.57%
	24 Feb 1995	£42,000	First Sale
55 THE DRIVESemi-Detached, FreeholdArea: 91 Sq.mtrAge: before 1900	17 May 2007	£223,500	15.65%
	16 Feb 2004	£193,250	First Sale
FLAT 1, 53 THE DRIVEFlat, Leasehold	22 Apr 2005	£125,000	13.64%
	19 Dec 2002	£110,000	175.00%
	20 Sep 1996	£40,000	First Sale
FLAT 4, 51 THE DRIVEFlat, Leasehold	20 Apr 2001	£62,000	29.17%
	19 Nov 1999	£48,000	6.67%
	30 Sep 1997	£45,000	First Sale
59B THE DRIVEFlat, LeaseholdArea: 89 Sq.mtrAge: 1900-1929	06 Sep 1996	£60,000	First Sale

Check out the sold house prices near the IG1 3HD postcode. Properties currently for saleProperties currently for rent

THE DRIVE, IG1 3HD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG1 3HD 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 3HD postcode.

Terraced
- The average price is around £280,569 median price is £249,999 Standard Deviation is £178,932 with Total Sold: 1,517
- The Last 5 Year average price is £571,366 with Total Sold: 167
- The most recent sale happened at this postcode is , 86 VAUGHAN GARDENS: £585,000 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 63 COURTLAND AVENUE: £110,000 (Sold on 05 Jan 1995)
Flat
- The average price is around £129,404 median price is £115,000 Standard Deviation is £89,976 with Total Sold: 1,513
- The Last 5 Year average price is £240,645 with Total Sold: 124
- The most recent sale happened at this postcode is , 26D KENSINGTON GARDENS: £130,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 21B REDCLIFFE GARDENS: £39,995 (Sold on 11 Jan 1995)
Other
- The average price is around £618,311 median price is £411,250 Standard Deviation is £816,711 with Total Sold: 46
- The Last 5 Year average price is £537,615 with Total Sold: 27
- The most recent sale happened at this postcode is , 29 REDCLIFFE GARDENS: £950,000 (Sold on 15 May 2024)
- The first recorded sale happened at this postcode is FIRST FLOOR OFFICE SUITE, 267 CRANBROOK ROAD: £825,000 (Sold on 03 Mar 2014)
Semi-Detached
- The average price is around £379,233 median price is £349,225 Standard Deviation is £225,372 with Total Sold: 382
- The Last 5 Year average price is £751,087 with Total Sold: 46
- The most recent sale happened at this postcode is , 1 ROCHESTER GARDENS: £818,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is , 69 THE DRIVE: £60,000 (Sold on 13 Mar 1995)
Detached
- The average price is around £552,379 median price is £485,000 Standard Deviation is £318,412 with Total Sold: 51
- The Last 5 Year average price is £1,031,250 with Total Sold: 4
- The most recent sale happened at this postcode is , 13 HOLCOMBE ROAD: £985,000 (Sold on 20 Dec 2021)
- The first recorded sale happened at this postcode is , 4 PARK AVENUE: £72,000 (Sold on 08 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£546,333		9
2023	£577,579	£4,230	33
2022	£603,013	£4,990	39
2021	£582,719	£4,795	32
2020	£541,104	£4,482	29
2019	£543,380	£4,658	25
2018	£522,848	£4,443	28
2017	£508,685	£4,327	27
2016	£538,181	£4,393	27
2015	£433,074	£3,578	39
2014	£382,361	£3,269	36
2013	£373,692	£3,011	43
2012	£331,500	£2,667	40
2011	£331,816	£2,884	38
2010	£289,903	£3,182	25
2009	£312,250	£2,411	31
2008	£336,522	£2,711	43
2007	£321,047	£2,854	74
2006	£292,327	£2,354	66
2005	£290,690	£2,349	63
2004	£279,413	£2,989	79
2003	£245,366	£1,992	71
2002	£204,124	£1,892	99
2001	£179,407	£1,439	77
2000	£151,295	£1,456	87
1999	£119,627	£966	86
1998	£109,148	£1,038	59
1997	£94,603	£908	68
1996	£85,180	£807	80
1995	£82,661	£718	64

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,250		6
2023	£272,552	£5,076	17
2022	£252,493	£4,900	33
2021	£242,877	£4,745	30
2020	£209,481	£4,604	13
2019	£222,690	£4,784	25
2018	£361,274	£4,576	39
2017	£249,080	£5,053	31
2016	£228,404	£4,484	65
2015	£181,520	£3,929	44
2014	£171,177	£3,347	35
2013	£145,500	£2,786	24
2012	£144,269	£3,175	13
2011	£147,848	£2,425	23
2010	£154,755	£3,155	26
2009	£150,976	£2,569	21
2008	£167,872	£3,692	43
2007	£170,678	£3,313	69
2006	£158,560	£3,070	67
2005	£139,927	£2,977	69
2004	£129,875	£2,952	48
2003	£121,442	£2,589	95
2002	£99,407	£2,106	106
2001	£74,638	£1,600	92
2000	£70,701	£1,453	95
1999	£56,838	£1,143	83
1998	£50,012	£1,032	89
1997	£46,076	£930	86
1996	£41,169	£819	67
1995	£38,904	£828	59

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£950,000		1
2023	£1,259,167	£8,351	6
2022	£251,000		2
2021	£576,667	£373	3
2020	£287,178	£3,384	9
2019	£199,000	£4,991	6
2018	£233,333	£7,733	6
2017	£1,085,214	£7,868	8
2016	£1,200,000	£8,333	2
2015	£420,000		1
2014	£512,500		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£821,083	£5,004	12
2022	£762,800	£4,696	5
2021	£751,667	£5,058	12
2020	£761,400	£4,821	5
2019	£671,333	£3,898	12
2018	£639,571	£4,339	7
2017	£678,182	£5,223	11
2016	£652,333	£4,369	3
2015	£561,646	£3,991	12
2014	£411,940	£2,780	13
2013	£512,167	£3,117	6
2012	£443,750	£2,679	8
2011	£381,666	£2,617	9
2010	£360,875	£2,396	8
2009	£432,000	£2,651	8
2008	£440,000	£3,480	8
2007	£423,933	£3,248	23
2006	£411,474	£3,117	19
2005	£373,624	£2,384	16
2004	£366,081	£2,638	18
2003	£326,352	£2,376	22
2002	£292,658	£2,290	26
2001	£249,714	£1,482	14
2000	£227,200	£1,401	10
1999	£181,559	£866	27
1998	£162,000	£1,037	12
1997	£124,353	£870	15
1996	£128,943	£808	22
1995	£114,008	£634	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£985,000	£6,396	1
2020	£710,000		1
2019	£1,215,000	£4,675	2
2018	£1,365,000	£4,785	2
2017	£467,000	£5,368	1
2016	£1,100,000	£3,846	1
2015	£750,000	£3,807	1
2014	£690,000	£3,239	1
2013	£700,000	£2,775	1
2012	£460,000	£4,167	1
2009	£682,750		2
2008	£651,667		3
2007	£427,500	£3,054	1
2006	£642,775	£2,707	4
2005	£585,000		1
2004	£556,900	£2,868	5
2003	£465,800	£2,361	5
2002	£481,667		3
2001	£355,000	£1,203	1
2000	£303,500	£1,149	5
1999	£300,333	£936	3
1998	£252,500	£1,060	2
1997	£66,250		1
1996	£120,000		1
1995	£111,000	£605	2

House Type in IG1 3HD area

The most common house types in the IG1 3HD postcode area are Shared house (38), Semi-detached (20), and Terraced (15).

Total	93
Shared house	38
Semi-detached	20
Terraced	15
Flat	15
Detached	4
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (54), and Owned: Owns outright (17).

Private rented: Private landlord or letting agency	54
Owned: Owns outright	17
Owned: Owns with a mortgage or loan	12
Social rented: Rents from council or Local Authority	4
Social rented: Other social rented	2
Private rented: Other private rented	2
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the IG1 3HD have 2 people in household (27), and 1 person in household (22).

2 people in household	27
1 person in household	22
3 people in household	14
4 people in household	11
5 people in household	8
6 people in household	4
7 people in household	4
8 or more people in household	4
0 people in household	0