Housing Market Analysis for THE DRIVE, IG1 3HY

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £141,375 median price is £119,250 Standard Deviation is £79,910 with Total Sold: 16
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 5, 54 THE DRIVE: £275,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is 46A THE DRIVE: £50,500 (Sold on 28 Apr 1995)
  • Semi-Detached
    • The average price is around £125,118 median price is £98,625 Standard Deviation is £74,531 with Total Sold: 4
    • The most recent sale happened at this postcode is 50A THE DRIVE: £67,250 (Sold on 20 Nov 2015)
    • The first recorded sale happened at this postcode is 44 THE DRIVE: £130,000 (Sold on 21 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3HY 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0001
2019£220,0001
2016£250,0001
2013£245,000 £3,182 1
2008£170,0001
2007£245,000 £3,182 1
2006£140,0001
2003£113,0001
2002£125,0001
2000£94,333 £1,265 3
1998£52,5001
1997£46,500 £601 2
1995£50,500 £561 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£67,250 £1,246 1
2014£58,2221
2000£245,0001
1996£130,000 £850 1

All the Sales in the THE DRIVE, IG1 3HY

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

AddressSold DatePrice% Change
FLAT 5, 54 THE DRIVEFlat, Leasehold25 Mar 2024£275,00061.76%
30 Apr 2008£170,00021.43%
15 Jun 2006£140,00012.00%
19 Sep 2002£125,000First Sale
FLAT 3, 50 THE DRIVEFlat, Leasehold17 May 2019£220,000First Sale
FLAT 1, 50 THE DRIVEFlat, Leasehold05 Aug 2016£250,000376.19%
05 Aug 1998£52,500First Sale
50A THE DRIVESemi-Detached, FreeholdArea: 53.99 Sq.mtrAge: 1900-192920 Nov 2015£67,250First Sale
FLAT 1, 46 THE DRIVESemi-Detached, Freehold21 Mar 2014£58,222First Sale
52A THE DRIVEFlat, LeaseholdArea: 77 Sq.mtrAge: 1930-194909 Dec 2013£245,0000.0
23 Oct 2007£245,000115.86%
25 Aug 2000£113,50090.76%
10 Jan 1997£59,500First Sale
FLAT 2, 50 THE DRIVEFlat, Leasehold12 Sep 2003£113,00089.92%
30 Mar 2000£59,500First Sale
46B THE DRIVEFlat, LeaseholdArea: 107 Sq.mtrAge: 1900-192915 Dec 2000£110,000First Sale
48 THE DRIVESemi-Detached, Freehold28 Jan 2000£245,000First Sale
FLAT 4, 50 THE DRIVEFlat, LeaseholdArea: 78 Sq.mtrAge: 1900-192902 Apr 1997£33,500First Sale
44 THE DRIVESemi-Detached, FreeholdArea: 153 Sq.mtrAge: 1930-194921 Oct 1996£130,000First Sale
46A THE DRIVEFlat, LeaseholdArea: 90 Sq.mtrAge: 1900-192928 Apr 1995£50,500First Sale

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

THE DRIVE, IG1 3HY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £280,966 median price is £250,000 Standard Deviation is £176,856 with Total Sold: 1,501
    • The Last 5 Year average price is £574,516 with Total Sold: 132
    • 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 £128,911 median price is £115,000 Standard Deviation is £90,994 with Total Sold: 1,435
    • The Last 5 Year average price is £246,055 with Total Sold: 95
    • 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 £522,713 median price is £335,000 Standard Deviation is £648,304 with Total Sold: 46
    • The Last 5 Year average price is £440,314 with Total Sold: 21
    • 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 £378,701 median price is £349,475 Standard Deviation is £223,322 with Total Sold: 418
    • The Last 5 Year average price is £768,444 with Total Sold: 36
    • The most recent sale happened at this postcode is , 15 LINCOLN GARDENS: £750,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 36 LINCOLN GARDENS: £157,000 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £559,205 median price is £500,000 Standard Deviation is £312,869 with Total Sold: 53
    • The Last 5 Year average price is £847,500 with Total Sold: 2
    • 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 , 311 CRANBROOK ROAD: £150,000 (Sold on 26 Oct 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,8758
2023£580,836 £4,226 30
2022£593,736 £4,946 36
2021£594,339 £4,853 31
2020£529,075 £4,533 27
2019£544,000 £4,724 23
2018£525,917 £4,457 27
2017£494,214 £4,133 28
2016£545,363 £4,375 30
2015£442,747 £3,580 40
2014£390,415 £3,272 41
2013£377,994 £3,024 40
2012£338,718 £2,780 39
2011£335,676 £2,869 37
2010£297,625 £3,260 24
2009£313,725 £2,408 30
2008£337,034 £2,730 42
2007£319,507 £2,884 73
2006£304,987 £2,319 69
2005£297,906 £2,379 59
2004£283,122 £3,070 79
2003£244,679 £2,018 70
2002£204,372 £1,778 92
2001£180,929 £1,382 72
2000£153,558 £1,382 90
1999£123,531 £1,001 84
1998£112,217 £1,063 61
1997£97,500 £899 75
1996£85,924 £819 81
1995£82,918 £675 63
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,5005
2023£279,492 £5,236 15
2022£249,541 £5,068 31
2021£245,978 £4,760 32
2020£218,188 £4,599 12
2019£219,821 £4,987 21
2018£370,881 £4,782 36
2017£246,857 £5,248 28
2016£229,731 £4,565 62
2015£177,409 £4,050 40
2014£166,741 £3,404 31
2013£151,454 £2,938 22
2012£146,375 £3,173 12
2011£148,158 £2,469 19
2010£151,402 £3,167 24
2009£149,763 £2,695 19
2008£170,393 £3,833 42
2007£171,160 £3,342 64
2006£160,309 £3,063 68
2005£141,493 £2,993 69
2004£130,340 £2,912 50
2003£120,522 £2,591 91
2002£97,839 £2,079 99
2001£74,435 £1,595 85
2000£70,409 £1,463 92
1999£56,450 £1,153 79
1998£49,618 £1,011 89
1997£44,654 £946 76
1996£40,092 £815 63
1995£38,904 £828 59
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£950,0001
2023£711,000 £8,351 5
2022£182,333 £542 3
2021£576,667 £373 3
2020£273,844 £3,967 9
2019£199,000 £4,991 6
2018£233,333 £7,733 6
2017£1,181,316 £7,868 7
2016£830,000 £8,333 3
2015£420,0001
2014£512,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£750,0001
2023£833,455 £5,089 11
2022£762,800 £4,696 5
2021£720,000 £5,269 11
2020£751,500 £4,834 8
2019£668,154 £3,904 13
2018£649,000 £4,489 8
2017£683,636 £5,367 11
2016£663,143 £4,607 7
2015£571,295 £4,052 11
2014£411,940 £2,780 13
2013£507,500 £3,035 8
2012£438,889 £2,694 9
2011£381,666 £2,617 9
2010£360,714 £2,348 7
2009£429,600 £2,719 10
2008£440,000 £3,480 8
2007£406,477 £3,343 24
2006£422,526 £3,113 19
2005£373,777 £2,426 18
2004£378,918 £2,638 19
2003£330,029 £2,808 26
2002£301,229 £2,211 31
2001£255,400 £1,485 15
2000£223,208 £1,401 12
1999£180,923 £866 28
1998£162,929 £1,018 14
1997£122,857 £871 14
1996£127,048 £803 26
1995£120,825 £690 22
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£985,000 £6,396 1
2020£710,0001
2019£1,215,000 £4,675 2
2018£1,365,000 £4,785 2
2017£467,000 £5,368 1
2016£863,333 £4,072 3
2015£750,000 £3,807 1
2014£690,000 £3,239 1
2013£700,000 £2,775 1
2012£460,000 £4,167 1
2011£356,000 £2,782 1
2009£682,7502
2008£735,0002
2007£427,500 £3,054 1
2006£642,775 £2,707 4
2005£585,0001
2004£556,900 £2,868 5
2003£465,800 £2,361 5
2002£481,6673
2001£355,000 £1,203 1
2000£303,500 £1,149 5
1999£300,333 £936 3
1998£252,500 £1,060 2
1997£66,2501
1996£148,7502
1995£150,000 £605 1

House Type in IG1 3HY area

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

Total93
Shared house38
Semi-detached20
Terraced15
Flat15
Detached4
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 (54), and Owned: Owns outright (17).

Private rented: Private landlord or letting agency54
Owned: Owns outright17
Owned: Owns with a mortgage or loan12
Social rented: Rents from council or Local Authority4
Social rented: Other social rented2
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

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

2 people in household27
1 person in household22
3 people in household14
4 people in household11
5 people in household8
6 people in household4
7 people in household4
8 or more people in household4
0 people in household0