Housing Market Analysis for THE DRIVE, IG1 3PP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £316,111 median price is £169,000 Standard Deviation is £216,772 with Total Sold: 9
    • The most recent sale happened at this postcode is 166 THE DRIVE: £675,000 (Sold on 10 Jul 2019)
    • The first recorded sale happened at this postcode is 162 THE DRIVE: £126,000 (Sold on 10 Nov 1995)
  • Semi-Detached
    • The average price is around £320,000 median price is £320,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 178 THE DRIVE: £320,000 (Sold on 31 Oct 2011)
    • The first recorded sale happened at this postcode is 178 THE DRIVE: £320,000 (Sold on 31 Oct 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3PP 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
2019£675,000 £6,576 1
2016£601,000 £5,761 1
2015£500,000 £3,876 1
2014£400,000 £3,883 1
2001£143,500 £1,398 1
2000£169,0001
1998£159,000 £1,420 1
1996£71,500 £685 1
1995£126,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£320,000 £3,433 1

All the Sales in the THE DRIVE, IG1 3PP

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

AddressSold DatePrice% Change
166 THE DRIVETerraced, FreeholdArea: 102.64 Sq.mtrAge: 1900-192910 Jul 2019£675,000370.38%
07 Jun 2001£143,500First Sale
172 THE DRIVETerraced, FreeholdArea: 104.33 Sq.mtrAge: 1930-194928 Apr 2016£601,000740.56%
12 Mar 1996£71,500First Sale
174 THE DRIVETerraced, FreeholdArea: 129 Sq.mtrAge: 1900-192928 Sep 2015£500,000First Sale
176 THE DRIVETerraced, FreeholdArea: 103 Sq.mtrAge: 1930-194921 Nov 2014£400,000First Sale
178 THE DRIVESemi-Detached, FreeholdArea: 93.2 Sq.mtrAge: 1930-194931 Oct 2011£320,000First Sale
164 THE DRIVETerraced, Freehold02 Nov 2000£169,000First Sale
168 THE DRIVETerraced, FreeholdArea: 112 Sq.mtrAge: 1930-194930 Jan 1998£159,000First Sale
162 THE DRIVETerraced, Freehold10 Nov 1995£126,000First Sale

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

THE DRIVE, IG1 3PP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £302,782 median price is £270,000 Standard Deviation is £176,929 with Total Sold: 1,421
    • The Last 5 Year average price is £598,714 with Total Sold: 138
    • 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 £347,929 median price is £315,000 Standard Deviation is £200,830 with Total Sold: 494
    • The Last 5 Year average price is £664,170 with Total Sold: 53
    • 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 £141,614 median price is £121,250 Standard Deviation is £76,316 with Total Sold: 442
    • The Last 5 Year average price is £219,711 with Total Sold: 46
    • 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 £1,282,277 median price is £438,500 Standard Deviation is £1,750,310 with Total Sold: 17
    • The Last 5 Year average price is £1,329,031 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 £423,642 median price is £450,000 Standard Deviation is £197,515 with Total Sold: 43
    • The Last 5 Year average price is £530,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 LINDALE CLOSE: £635,000 (Sold on 16 Dec 2022)
    • 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£629,850 £4,524 10
2023£598,763 £5,130 38
2022£628,521 £5,129 27
2021£578,681 £4,806 36
2020£584,019 £4,903 27
2019£554,810 £4,730 34
2018£515,714 £4,711 28
2017£515,089 £4,597 28
2016£546,970 £4,291 33
2015£483,920 £4,228 32
2014£405,624 £3,594 42
2013£372,223 £2,972 34
2012£366,403 £3,250 31
2011£362,552 £2,955 29
2010£343,419 £2,931 31
2009£299,725 £2,522 37
2008£340,064 £2,845 47
2007£335,124 £2,644 84
2006£298,572 £2,613 76
2005£289,030 £2,411 64
2004£274,398 £2,324 59
2003£250,329 £2,235 69
2002£225,013 £1,827 69
2001£187,790 £1,488 81
2000£162,646 £1,339 60
1999£135,341 £1,041 77
1998£116,203 £996 59
1997£109,082 £849 63
1996£86,772 £713 54
1995£79,893 £700 62
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£642,167 £5,071 6
2023£657,625 £5,198 12
2022£644,286 £5,386 7
2021£724,971 £5,263 17
2020£602,000 £4,440 11
2019£632,700 £5,315 15
2018£560,438 £5,185 8
2017£592,143 £4,897 7
2016£611,467 £4,504 15
2015£476,071 £4,221 14
2014£499,844 £3,437 16
2013£414,900 £3,485 16
2012£428,944 £3,426 9
2011£396,542 £3,036 12
2010£394,100 £2,990 10
2009£372,700 £2,724 10
2008£364,464 £2,266 14
2007£404,419 £3,176 31
2006£357,500 £2,540 15
2005£313,108 £2,432 23
2004£317,659 £2,726 22
2003£280,142 £2,070 21
2002£245,028 £1,733 26
2001£212,587 £1,513 17
2000£189,537 £1,341 20
1999£156,818 £1,194 19
1998£146,763 £983 19
1997£118,727 £895 22
1996£114,585 £736 33
1995£103,156 £821 27
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£232,650 £4,002 10
2022£229,700 £3,993 10
2021£198,188 £3,681 12
2020£230,227 £3,991 13
2019£203,179 £3,733 14
2018£193,571 £3,418 7
2017£176,682 £3,586 14
2016£205,875 £3,484 20
2015£205,375 £3,642 20
2014£175,775 £2,996 20
2013£167,727 £2,726 11
2012£133,800 £2,611 10
2011£141,066 £2,442 15
2010£130,889 £2,295 9
2009£130,139 £2,587 14
2008£149,045 £2,510 11
2007£156,586 £2,886 22
2006£157,806 £2,931 31
2005£137,536 £2,481 14
2004£151,996 £2,563 14
2003£132,438 £2,346 16
2002£111,591 £2,162 22
2001£90,500 £1,589 18
2000£70,587 £1,466 28
1999£60,447 £1,239 19
1998£57,321 £989 14
1997£52,625 £1,082 16
1996£46,114 £891 11
1995£44,124 £901 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,243,688 £4,287 4
2022£1,725,0002
2021£7,500 £326 1
2020£2,200,0001
2019£214,750 £8,066 2
2018£2,139,175 £5,102 3
2017£17,4001
2016£402,5002
2015£3,497,0291
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£635,000 £4,178 1
2020£425,000 £2,796 1
2018£805,000 £3,762 1
2016£692,033 £4,563 3
2015£640,000 £4,129 1
2014£547,500 £3,300 2
2013£520,000 £2,683 2
2012£478,571 £3,691 7
2010£466,0001
2007£468,750 £3,586 4
2006£439,500 £2,082 4
2005£471,6673
2004£525,000 £2,117 1
2002£364,000 £2,395 1
2000£315,0001
1999£133,833 £907 3
1998£191,0002
1997£144,500 £682 2
1996£131,0001
1995£114,500 £788 2

House Type in IG1 3PP area

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

Total135
Terraced59
Flat27
Semi-detached25
Detached19
Shared house5
converted building0
commercial building0
temporary structure0

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 outright46
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency34
Social rented: Other social rented13
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IG1 3PP have 1 person in household (31), and 6 people in household (27).

1 person in household31
6 people in household27
2 people in household20
3 people in household18
4 people in household18
5 people in household16
7 people in household3
8 or more people in household3
0 people in household0