Housing Market Analysis for THE DRIVE, IG1 3PN

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

Overview of Sold House prices

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

Terraced
- The average price is around £410,438 median price is £330,000 Standard Deviation is £225,155 with Total Sold: 19
- The Last 5 Year average price is £637,903 with Total Sold: 7
- The most recent sale happened at this postcode is 291 THE DRIVE: £640,000 (Sold on 25 Oct 2023)
- The first recorded sale happened at this postcode is 269 THE DRIVE: £755,000 (Sold on 14 Dec 2023)
Flat
- The average price is around £207,500 median price is £207,500 Standard Deviation is £27,500 with Total Sold: 2
- The most recent sale happened at this postcode is 279D THE DRIVE: £235,000 (Sold on 05 Jun 2015)
- The first recorded sale happened at this postcode is 279D THE DRIVE: £180,000 (Sold on 05 Jun 2014)
Semi-Detached
- The average price is around £430,000 median price is £430,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 261 THE DRIVE: £430,000 (Sold on 05 Jun 2015)
- The first recorded sale happened at this postcode is 261 THE DRIVE: £430,000 (Sold on 05 Jun 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3PN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£678,333	£5,907	3
2022	£505,160	£3,680	2
2020	£775,000	£4,268	1
2019	£645,000	£4,607	1
2014	£452,500	£2,919	1
2013	£458,500	£2,272	2
2007	£340,000	£3,125	1
2005	£330,000		1
2003	£243,500		1
2002	£250,000		1
2001	£193,500	£1,560	2
2000	£208,000	£1,145	1
1998	£115,000		1
1995	£90,000	£720	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£235,000	£4,352	1
2014	£180,000	£3,333	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£430,000	£3,805	1

All the Sales in the THE DRIVE, IG1 3PN

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

Address	Sold Date	Price	% Change
291 THE DRIVETerraced, FreeholdArea: 98 Sq.mtrAge: 1900-1929	25 Oct 2023	£640,000	0.0
	25 Oct 2023	£640,000	124.31%
	18 Nov 2022	£285,321	First Sale
281 THE DRIVETerraced, FreeholdArea: 163 Sq.mtrAge: 1930-1949	28 Sep 2022	£725,000	First Sale
293 THE DRIVETerraced, FreeholdArea: 181.6 Sq.mtrAge: 1930-1949	30 Oct 2020	£775,000	272.60%
	05 Jan 2000	£208,000	First Sale
285 THE DRIVETerraced, FreeholdArea: 140 Sq.mtrAge: 1930-1949	01 Aug 2019	£645,000	First Sale
279D THE DRIVEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-1990	05 Jun 2015	£235,000	30.56%
279D THE DRIVEFlat, LeaseholdArea: 54 Sq.mtrAge: 1983-1990	05 Jun 2014	£180,000	First Sale
261 THE DRIVESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1930-1949	05 Jun 2015	£430,000	First Sale
265 THE DRIVETerraced, FreeholdArea: 155 Sq.mtrAge: 1930-1949	04 Apr 2014	£452,500	First Sale
295 THE DRIVETerraced, FreeholdArea: 285 Sq.mtrAge: 1930-1949	07 May 2013	£600,000	76.47%
	04 Dec 2007	£340,000	First Sale
273 THE DRIVETerraced, FreeholdArea: 130 Sq.mtrAge: 1930-1949	23 Apr 2013	£317,000	First Sale
301 THE DRIVETerraced, Freehold	31 Oct 2005	£330,000	32.00%
301 THE DRIVETerraced, Freehold	11 Oct 2002	£250,000	First Sale
275 THE DRIVETerraced, Freehold	14 Jan 2003	£243,500	First Sale
283 THE DRIVETerraced, FreeholdArea: 125 Sq.mtrAge: 1930-1949	29 Jun 2001	£195,000	116.67%
	24 Nov 1995	£90,000	First Sale
297 THE DRIVETerraced, Freehold	22 Mar 2001	£192,000	First Sale
271 THE DRIVETerraced, Freehold	07 Aug 1998	£115,000	First Sale
269 THE DRIVETerraced, FreeholdArea: 162 Sq.mtrAge: before 1900	14 Dec 2023	£755,000	First Sale

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

THE DRIVE, IG1 3PN Near By properties

Interactive Map

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

Terraced
- The average price is around £299,969 median price is £267,500 Standard Deviation is £176,741 with Total Sold: 1,406
- The Last 5 Year average price is £585,499 with Total Sold: 166
- The most recent sale happened at this postcode is , 104 WANSTEAD LANE: £667,500 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 11 GLOUCESTER GARDENS: £128,000 (Sold on 01 Jan 1995)
Semi-Detached
- The average price is around £351,168 median price is £316,000 Standard Deviation is £199,878 with Total Sold: 503
- The Last 5 Year average price is £649,123 with Total Sold: 73
- 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 , 18 WAKEFIELD GARDENS: £77,000 (Sold on 16 Jan 1995)
Flat
- The average price is around £139,613 median price is £118,500 Standard Deviation is £77,571 with Total Sold: 379
- The Last 5 Year average price is £208,666 with Total Sold: 51
- The most recent sale happened at this postcode is FLAT 14, HOME HEATHER HOUSE, 128 BEEHIVE LANE: £112,000 (Sold on 24 Apr 2024)
- The first recorded sale happened at this postcode is FLAT 20, HOME HEATHER HOUSE, 128 BEEHIVE LANE: £50,750 (Sold on 18 Jan 1995)
Other
- The average price is around £1,301,964 median price is £438,500 Standard Deviation is £1,817,387 with Total Sold: 15
- The Last 5 Year average price is £1,099,062 with Total Sold: 8
- The most recent sale happened at this postcode is LAND ADJACENT TO, 2A STUDLEY DRIVE: £5,000 (Sold on 22 Nov 2023)
- The first recorded sale happened at this postcode is , 130 EASTERN AVENUE: £3,497,029 (Sold on 21 Oct 2015)
Detached
- The average price is around £373,470 median price is £355,000 Standard Deviation is £224,400 with Total Sold: 33
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£629,850	£4,524	10
2023	£596,157	£5,064	35
2022	£622,484	£5,117	26
2021	£586,186	£4,784	35
2020	£560,092	£4,784	29
2019	£551,131	£4,721	31
2018	£516,638	£4,670	29
2017	£510,804	£4,358	28
2016	£548,472	£4,308	36
2015	£482,601	£4,157	34
2014	£401,831	£3,555	43
2013	£371,537	£2,933	29
2012	£366,828	£3,228	32
2011	£359,793	£2,950	29
2010	£348,633	£2,975	30
2009	£302,426	£2,522	36
2008	£333,643	£2,879	42
2007	£333,307	£2,689	78
2006	£299,057	£2,606	70
2005	£291,269	£2,389	63
2004	£272,588	£2,309	62
2003	£248,862	£2,164	67
2002	£211,905	£1,734	75
2001	£188,537	£1,461	79
2000	£163,657	£1,357	57
1999	£134,440	£1,038	80
1998	£116,261	£990	65
1997	£106,855	£825	61
1996	£88,793	£707	56
1995	£80,761	£702	59

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£642,167	£5,071	6
2023	£657,625	£5,198	12
2022	£695,714	£5,299	7
2021	£711,917	£5,287	18
2020	£596,933	£4,436	15
2019	£600,200	£5,312	15
2018	£559,444	£5,209	9
2017	£573,636	£4,978	11
2016	£611,467	£4,504	15
2015	£475,588	£4,074	17
2014	£487,853	£3,514	17
2013	£402,088	£3,530	16
2012	£430,786	£3,376	7
2011	£382,035	£2,834	14
2010	£380,308	£3,282	13
2009	£378,727	£2,736	11
2008	£340,750	£2,405	14
2007	£393,242	£3,157	31
2006	£346,500	£2,892	15
2005	£317,600	£2,542	20
2004	£297,652	£2,692	23
2003	£279,650	£2,149	20
2002	£248,249	£1,754	25
2001	£202,360	£1,491	18
2000	£185,662	£1,332	20
1999	£151,167	£1,193	20
1998	£147,416	£983	18
1997	£112,400	£864	20
1996	£111,980	£799	30
1995	£102,046	£822	26

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
2023	£217,062	£3,993	8
2022	£226,333	£3,985	9
2021	£193,700	£3,535	10
2020	£224,295	£3,824	10
2019	£198,192	£3,684	13
2018	£205,833	£3,522	6
2017	£172,581	£3,453	13
2016	£202,079	£3,425	19
2015	£202,083	£3,625	18
2014	£171,916	£2,951	18
2013	£167,667	£2,730	9
2012	£131,444	£2,642	9
2011	£134,863	£2,299	11
2010	£127,875	£2,274	8
2009	£128,079	£2,568	12
2008	£144,950	£2,418	10
2007	£151,883	£2,800	18
2006	£157,700	£3,041	25
2005	£137,458	£2,438	12
2004	£153,304	£2,503	13
2003	£128,000	£2,383	13
2002	£112,556	£2,223	18
2001	£90,536	£1,605	14
2000	£70,736	£1,495	23
1999	£59,088	£1,248	17
1998	£57,318	£1,005	11
1997	£52,267	£1,092	15
1996	£46,114	£891	11
1995	£41,349	£892	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,651,833	£8,274	3
2022	£1,200,000		1
2021	£7,500	£326	1
2020	£2,200,000		1
2019	£214,750	£8,066	2
2018	£2,139,175	£5,102	3
2017	£17,400		1
2016	£402,500		2
2015	£3,497,029		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£805,000	£3,762	1
2016	£745,000	£4,185	2
2015	£640,000	£4,129	1
2013	£520,000	£2,683	2
2007	£470,000	£3,693	5
2006	£480,000	£2,287	3
2005	£471,667		3
2004	£472,500	£2,117	2
2001	£230,000	£1,840	1
2000	£230,000	£1,160	2
1999	£133,833	£907	3
1998	£162,667	£1,152	3
1997	£130,000	£901	2
1996	£131,000		1
1995	£114,500	£788	2

House Type in IG1 3PN area

The most common house types in the IG1 3PN postcode area are Terraced (59), Flat (27), and Semi-detached (25).

Total	135
Terraced	59
Flat	27
Semi-detached	25
Detached	19
Shared house	5
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (46), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	46
Owned: Owns with a mortgage or loan	37
Private rented: Private landlord or letting agency	34
Social rented: Other social rented	13
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	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 3PN have 1 person in household (31), and 6 people in household (27).

1 person in household	31
6 people in household	27
2 people in household	20
3 people in household	18
4 people in household	18
5 people in household	16
7 people in household	3
8 or more people in household	3
0 people in household	0