Housing Market Analysis for THE DRIVE, IG1 3JE

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £500,000 median price is £500,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 117 THE DRIVE: £500,000 (Sold on 16 Jan 2014)
    • The first recorded sale happened at this postcode is 117 THE DRIVE: £500,000 (Sold on 16 Jan 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3JE 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£500,000 £2,924 1

All the Sales in the THE DRIVE, IG1 3JE

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

AddressSold DatePrice% Change
117 THE DRIVESemi-Detached, FreeholdArea: 171 Sq.mtrAge: 1930-194916 Jan 2014£500,000First Sale

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

THE DRIVE, IG1 3JE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £299,523 median price is £270,000 Standard Deviation is £180,422 with Total Sold: 1,345
    • The Last 5 Year average price is £596,401 with Total Sold: 156
    • 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 £132,350 median price is £116,000 Standard Deviation is £92,133 with Total Sold: 729
    • The Last 5 Year average price is £260,961 with Total Sold: 65
    • 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)
  • Semi-Detached
    • The average price is around £363,478 median price is £330,000 Standard Deviation is £208,932 with Total Sold: 546
    • The Last 5 Year average price is £683,618 with Total Sold: 68
    • The most recent sale happened at this postcode is , 290 WANSTEAD PARK ROAD: £515,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 36 LINCOLN GARDENS: £157,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £393,450 median price is £257,500 Standard Deviation is £445,447 with Total Sold: 18
    • The Last 5 Year average price is £431,777 with Total Sold: 13
    • 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 , 293 WANSTEAD PARK ROAD: £420,000 (Sold on 07 Dec 2015)
  • Detached
    • The average price is around £407,207 median price is £420,000 Standard Deviation is £223,053 with Total Sold: 29
    • The most recent sale happened at this postcode is , 3 PETERBOROUGH GARDENS: £805,000 (Sold on 18 Apr 2018)
    • The first recorded sale happened at this postcode is , 171 THE DRIVE: £147,000 (Sold on 28 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£647,13611
2023£619,674 £4,899 35
2022£642,694 £4,761 30
2021£605,940 £4,526 25
2020£533,083 £4,403 32
2019£554,065 £4,505 23
2018£529,065 £4,347 27
2017£529,261 £4,202 23
2016£566,354 £4,379 28
2015£444,027 £3,822 33
2014£402,809 £3,449 34
2013£379,609 £3,020 39
2012£367,219 £2,918 32
2011£338,643 £2,882 35
2010£318,980 £2,895 25
2009£306,785 £2,400 31
2008£352,811 £2,806 44
2007£337,250 £2,742 62
2006£318,480 £2,555 66
2005£302,289 £2,128 57
2004£289,289 £2,341 57
2003£253,125 £1,996 66
2002£210,987 £1,643 80
2001£185,363 £1,365 70
2000£162,240 £1,336 80
1999£135,299 £1,024 74
1998£118,246 £890 60
1997£102,953 £776 58
1996£89,403 £672 60
1995£85,585 £706 48
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,7504
2023£277,487 £5,118 9
2022£266,468 £4,775 15
2021£266,068 £4,730 19
2020£266,125 £4,961 6
2019£256,750 £5,826 12
2018£325,833 £4,889 6
2017£306,708 £6,751 12
2016£249,220 £4,698 34
2015£204,025 £4,076 20
2014£187,330 £3,460 15
2013£181,750 £3,078 8
2012£140,571 £2,748 7
2011£156,727 £2,632 11
2010£127,054 £2,433 10
2009£152,062 £2,903 8
2008£170,028 £3,380 18
2007£168,453 £3,314 37
2006£166,679 £2,955 44
2005£142,672 £2,816 32
2004£135,250 £2,653 26
2003£117,835 £2,513 47
2002£103,392 £2,045 59
2001£77,634 £1,471 40
2000£74,720 £1,476 50
1999£58,153 £1,142 38
1998£49,774 £949 43
1997£46,227 £933 44
1996£42,966 £745 31
1995£40,291 £836 24
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£642,600 £5,071 5
2023£811,636 £5,297 11
2022£723,625 £4,765 8
2021£680,357 £5,068 14
2020£605,500 £4,488 14
2019£659,625 £4,676 16
2018£629,500 £4,900 11
2017£637,353 £5,207 17
2016£638,250 £4,591 12
2015£490,838 £3,842 17
2014£449,886 £3,377 20
2013£439,800 £3,303 15
2012£444,500 £2,948 10
2011£387,071 £2,575 14
2010£370,154 £2,922 13
2009£397,300 £2,526 10
2008£382,533 £3,118 15
2007£369,029 £3,392 33
2006£379,024 £2,852 21
2005£350,158 £2,474 22
2004£326,365 £2,684 26
2003£308,770 £2,479 25
2002£287,934 £2,218 29
2001£208,875 £1,271 16
2000£212,591 £1,388 22
1999£167,670 £1,070 35
1998£161,166 £1,051 18
1997£121,283 £854 23
1996£122,078 £841 30
1995£108,027 £697 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£950,0001
2023£810,000 £8,351 1
2022£23,500 £542 2
2021£862,500 £373 2
2020£340,183 £5,136 6
2019£40,0001
2018£472,500 £6,716 2
2017£14,0001
2016£90,0001
2015£420,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£805,000 £3,762 1
2017£467,000 £5,368 1
2016£745,000 £4,185 2
2014£690,000 £3,239 1
2013£687,500 £2,748 2
2012£460,000 £4,167 1
2011£356,000 £2,782 1
2008£445,0001
2007£451,250 £3,427 2
2006£545,000 £1,495 2
2005£370,0001
2004£398,167 £2,492 3
2003£200,0001
2002£500,0001
2001£230,000 £1,840 1
2000£225,000 £1,270 2
1999£135,500 £668 2
1998£106,000 £1,152 1
1997£130,000 £901 2
1995£147,0001

House Type in IG1 3JE area

The most common house types in the IG1 3JE postcode area are Semi-detached (90), Terraced (24), and Shared house (5).

Total121
Semi-detached90
Terraced24
Shared house5
Detached1
Flat1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright64
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency11
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IG1 3JE have 4 people in household (28), and 2 people in household (27).

4 people in household28
2 people in household27
3 people in household24
1 person in household17
5 people in household10
6 people in household10
7 people in household3
8 or more people in household3
0 people in household0