Housing Market Analysis for THE DRIVE, IG1 3HZ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £127,058 median price is £97,000 Standard Deviation is £86,685 with Total Sold: 20
    • The Last 5 Year average price is £300,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 64A THE DRIVE: £350,000 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is FLAT 1, 58 THE DRIVE: £42,500 (Sold on 20 Oct 1995)
  • Terraced
    • The average price is around £544,500 median price is £544,500 Standard Deviation is £58,500 with Total Sold: 2
    • The Last 5 Year average price is £486,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 76 THE DRIVE: £486,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is 76 THE DRIVE: £603,000 (Sold on 04 May 2017)
  • Semi-Detached
    • The average price is around £196,667 median price is £210,000 Standard Deviation is £74,087 with Total Sold: 3
    • The most recent sale happened at this postcode is 70 THE DRIVE: £210,000 (Sold on 15 Apr 2010)
    • The first recorded sale happened at this postcode is 70 THE DRIVE: £100,000 (Sold on 11 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3HZ 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
2022£300,000 £3,442 2
2014£173,000 £2,746 1
2008£170,000 £2,742 1
2007£117,5002
2006£250,000 £1,961 2
2004£164,0001
2003£71,700 £1,911 5
2001£79,0001
2000£84,000 £1,644 1
1998£52,0001
1997£41,585 £665 2
1995£42,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£486,000 £2,963 1
2017£603,000 £3,677 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£210,000 £2,258 1
2002£280,0001
1997£100,000 £1,075 1

All the Sales in the THE DRIVE, IG1 3HZ

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

AddressSold DatePrice% Change
64A THE DRIVEFlat, LeaseholdArea: 120 Sq.mtrAge: 1930-194928 Oct 2022£350,00040.00%
30 May 2006£250,000First Sale
FLAT 4, 58 THE DRIVEFlat, LeaseholdArea: 63 Sq.mtrAge: 1900-192924 Oct 2022£250,00044.51%
19 Dec 2014£173,000118.99%
03 Aug 2001£79,00083.72%
18 Jul 1997£43,000First Sale
76 THE DRIVETerraced, FreeholdArea: 164 Sq.mtrAge: 1930-194929 Jun 2021£486,000-19.40%
04 May 2017£603,000First Sale
70 THE DRIVESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1930-194915 Apr 2010£210,000110.00%
11 Feb 1997£100,000First Sale
56D THE DRIVEFlat, LeaseholdArea: 62 Sq.mtrAge: 1900-192930 Jun 2008£170,00043.46%
19 Aug 2003£118,500195.00%
05 Dec 1997£40,170First Sale
FLAT 1, 60 THE DRIVEFlat, Leasehold31 May 2007£110,00083.33%
31 Jul 2003£60,000First Sale
FLAT 4, 60 THE DRIVEFlat, Leasehold31 May 2007£125,000108.33%
31 Jul 2003£60,000First Sale
64B THE DRIVEFlat, LeaseholdArea: 136 Sq.mtrAge: 1930-194902 Jun 2006£250,000First Sale
FLAT 3, 58 THE DRIVEFlat, Leasehold29 May 2004£164,00095.24%
02 Aug 2000£84,000First Sale
FLAT 3, 60 THE DRIVEFlat, Leasehold08 Aug 2003£60,000First Sale
FLAT 2, 60 THE DRIVEFlat, Leasehold08 Aug 2003£60,000First Sale
60 THE DRIVESemi-Detached, Freehold14 Jun 2002£280,000First Sale
FLAT 2, 58 THE DRIVEFlat, Leasehold30 Apr 1998£52,000First Sale
FLAT 1, 58 THE DRIVEFlat, Leasehold20 Oct 1995£42,500First Sale

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

THE DRIVE, IG1 3HZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £288,527 median price is £250,000 Standard Deviation is £179,179 with Total Sold: 1,366
    • The Last 5 Year average price is £587,846 with Total Sold: 139
    • 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 , 11 GLOUCESTER GARDENS: £128,000 (Sold on 01 Jan 1995)
  • Flat
    • The average price is around £127,019 median price is £114,000 Standard Deviation is £85,523 with Total Sold: 1,143
    • The Last 5 Year average price is £247,602 with Total Sold: 93
    • 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 £450,730 median price is £225,000 Standard Deviation is £611,762 with Total Sold: 34
    • The Last 5 Year average price is £357,409 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 £376,793 median price is £345,000 Standard Deviation is £223,132 with Total Sold: 421
    • The Last 5 Year average price is £742,708 with Total Sold: 48
    • 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 £575,610 median price is £509,500 Standard Deviation is £311,877 with Total Sold: 50
    • 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 , 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£580,8336
2023£624,858 £4,279 24
2022£608,734 £4,778 32
2021£613,696 £4,783 28
2020£533,668 £4,526 27
2019£552,591 £4,683 22
2018£533,644 £4,420 26
2017£499,731 £4,067 26
2016£563,478 £4,370 27
2015£447,914 £3,604 36
2014£401,763 £3,312 38
2013£376,701 £3,013 41
2012£351,432 £2,810 37
2011£339,714 £2,869 35
2010£301,273 £3,260 22
2009£313,725 £2,408 30
2008£341,201 £2,708 42
2007£327,192 £2,912 65
2006£312,043 £2,297 63
2005£305,574 £2,348 54
2004£294,573 £3,154 68
2003£243,418 £2,005 66
2002£206,045 £1,761 83
2001£181,578 £1,391 63
2000£158,215 £1,277 78
1999£127,576 £1,016 81
1998£115,158 £888 49
1997£99,838 £819 68
1996£87,022 £675 70
1995£84,294 £670 59
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,7504
2023£261,448 £5,254 12
2022£261,967 £4,859 22
2021£251,404 £4,649 28
2020£236,075 £4,844 10
2019£234,779 £5,183 17
2018£313,600 £4,361 10
2017£255,125 £5,207 24
2016£239,810 £4,664 50
2015£178,074 £3,934 33
2014£174,539 £3,325 25
2013£153,624 £2,975 20
2012£149,500 £3,174 8
2011£153,588 £2,531 17
2010£150,534 £3,187 19
2009£159,900 £2,776 15
2008£170,926 £3,924 34
2007£174,409 £3,351 52
2006£163,975 £3,063 58
2005£141,353 £2,878 51
2004£133,762 £2,870 42
2003£118,046 £2,540 75
2002£99,541 £2,076 77
2001£76,606 £1,574 67
2000£72,282 £1,430 75
1999£57,949 £1,138 66
1998£50,641 £975 71
1997£44,623 £945 65
1996£41,456 £783 50
1995£40,090 £828 46
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£950,0001
2023£647,500 £8,351 2
2022£182,333 £542 3
2021£862,500 £373 2
2020£261,825 £3,967 8
2019£178,800 £4,991 5
2018£246,250 £6,716 4
2017£966,4053
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£846,800 £5,089 10
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£420,373 £2,920 14
2013£495,909 £3,141 11
2012£455,000 £2,719 8
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£423,118 £3,113 17
2005£369,631 £2,426 19
2004£379,581 £2,638 18
2003£330,029 £2,808 26
2002£302,181 £2,211 31
2001£246,500 £1,485 14
2000£223,208 £1,401 12
1999£180,923 £866 28
1998£164,562 £1,022 16
1997£127,000 £918 16
1996£128,390 £803 25
1995£120,137 £697 23
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£696,667 £2,707 3
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£301,875 £1,149 4
1999£300,333 £936 3
1998£252,500 £1,060 2
1996£148,7502
1995£150,000 £605 1

House Type in IG1 3HZ area

The most common house types in the IG1 3HZ postcode area are Shared house (34), Terraced (29), and Semi-detached (19).

Total101
Shared house34
Terraced29
Semi-detached19
Flat17
Detached1
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 (41), and Owned: Owns with a mortgage or loan (30).

Private rented: Private landlord or letting agency41
Owned: Owns with a mortgage or loan30
Owned: Owns outright26
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IG1 3HZ have 2 people in household (27), and 3 people in household (23).

2 people in household27
3 people in household23
1 person in household20
4 people in household14
5 people in household8
6 people in household5
8 or more people in household3
7 people in household1
0 people in household0