Housing Market Analysis for THE DRIVE, IG1 3JG

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £271,167 median price is £296,000 Standard Deviation is £142,368 with Total Sold: 9
    • The most recent sale happened at this postcode is 130 THE DRIVE: £560,000 (Sold on 05 Jan 2018)
    • The first recorded sale happened at this postcode is 120 THE DRIVE: £102,000 (Sold on 28 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3JG 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
2018£560,000 £4,516 1
2013£260,000 £2,203 1
2012£317,500 £2,950 2
2006£375,0001
2004£296,0001
2003£97,500 £894 1
1997£115,000 £975 1
1996£102,000 £935 1

All the Sales in the THE DRIVE, IG1 3JG

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

AddressSold DatePrice% Change
130 THE DRIVETerraced, FreeholdArea: 124 Sq.mtrAge: 1930-194905 Jan 2018£560,000First Sale
132 THE DRIVETerraced, FreeholdArea: 118 Sq.mtrAge: 1930-194905 Jul 2013£260,000126.09%
29 Aug 1997£115,000First Sale
120 THE DRIVETerraced, FreeholdArea: 109.1 Sq.mtrAge: 1930-194917 Sep 2012£320,000228.21%
21 Aug 2003£97,500-4.41%
28 Oct 1996£102,000First Sale
122 THE DRIVETerraced, FreeholdArea: 106.16 Sq.mtrAge: 1900-192919 Apr 2012£315,000First Sale
124 THE DRIVETerraced, Freehold07 Feb 2006£375,000First Sale
134 THE DRIVETerraced, Freehold03 Dec 2004£296,000First Sale

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

THE DRIVE, IG1 3JG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £300,006 median price is £270,455 Standard Deviation is £180,754 with Total Sold: 1,413
    • The Last 5 Year average price is £597,667 with Total Sold: 162
    • 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 £134,385 median price is £116,500 Standard Deviation is £94,392 with Total Sold: 626
    • The Last 5 Year average price is £261,925 with Total Sold: 61
    • 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 £365,786 median price is £330,000 Standard Deviation is £210,563 with Total Sold: 575
    • The Last 5 Year average price is £689,946 with Total Sold: 74
    • 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 , 22 STONEHALL AVENUE: £110,000 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £398,868 median price is £232,500 Standard Deviation is £406,500 with Total Sold: 22
    • The Last 5 Year average price is £432,947 with Total Sold: 17
    • 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 , JACK CARTER CENTRE THE DRIVE: £90,000 (Sold on 29 Jul 2016)
  • Detached
    • The average price is around £404,037 median price is £420,000 Standard Deviation is £220,596 with Total Sold: 27
    • 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£628,85010
2023£618,167 £5,049 33
2022£639,873 £4,852 33
2021£592,074 £4,482 27
2020£544,183 £4,304 31
2019£577,234 £4,606 28
2018£527,007 £4,468 30
2017£535,308 £4,239 26
2016£562,179 £4,384 33
2015£452,794 £3,871 34
2014£409,422 £3,421 32
2013£369,435 £2,877 39
2012£365,030 £2,948 33
2011£344,618 £2,855 38
2010£328,125 £2,920 28
2009£307,011 £2,480 30
2008£359,004 £2,807 44
2007£344,681 £2,695 69
2006£316,571 £2,783 66
2005£302,854 £2,126 62
2004£288,500 £2,299 57
2003£257,560 £2,049 71
2002£204,054 £1,642 83
2001£183,075 £1,367 72
2000£163,245 £1,367 81
1999£136,265 £1,031 78
1998£118,742 £918 62
1997£103,053 £870 66
1996£89,634 £655 61
1995£85,386 £675 56
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,7504
2023£277,487 £5,118 9
2022£267,766 £4,775 17
2021£272,020 £4,768 15
2020£266,125 £4,961 6
2019£251,600 £5,835 10
2018£325,833 £4,889 6
2017£310,045 £7,067 11
2016£254,166 £4,514 27
2015£227,727 £4,690 11
2014£189,996 £3,474 14
2013£181,750 £3,078 8
2012£161,200 £2,818 5
2011£152,000 £2,585 12
2010£119,363 £2,490 7
2009£150,214 £2,903 7
2008£169,750 £3,343 18
2007£163,097 £3,310 31
2006£173,636 £2,980 36
2005£146,520 £2,644 25
2004£136,646 £2,530 24
2003£118,631 £2,505 40
2002£105,183 £2,011 48
2001£76,411 £1,462 34
2000£76,468 £1,494 46
1999£59,097 £1,113 31
1998£50,971 £942 35
1997£46,561 £917 41
1996£44,609 £735 27
1995£39,988 £811 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£642,600 £5,071 5
2023£800,458 £5,338 12
2022£737,667 £4,765 9
2021£701,029 £5,236 17
2020£608,467 £4,488 15
2019£659,625 £4,676 16
2018£625,375 £4,864 12
2017£637,353 £5,207 17
2016£621,714 £4,431 14
2015£490,697 £4,110 19
2014£452,272 £3,350 21
2013£432,562 £3,325 16
2012£442,083 £2,936 12
2011£382,281 £2,679 16
2010£370,154 £2,922 13
2009£395,500 £2,509 12
2008£382,533 £3,118 15
2007£363,726 £3,392 33
2006£379,024 £2,852 21
2005£348,562 £2,522 24
2004£326,365 £2,684 26
2003£311,268 £2,502 27
2002£282,555 £2,106 29
2001£203,000 £1,271 16
2000£212,591 £1,388 22
1999£161,505 £1,089 36
1998£164,800 £1,078 20
1997£120,659 £854 22
1996£119,926 £841 32
1995£108,794 £703 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£950,0001
2023£994,000 £8,351 3
2022£23,500 £542 2
2021£325,000 £648 4
2020£340,183 £5,136 6
2019£40,0001
2018£472,500 £6,716 2
2016£156,6673
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£675,000 £2,722 1
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
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 3JG area

The most common house types in the IG1 3JG 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 3JG 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