Housing Market Analysis for THE DRIVE, IG1 3PR

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £232,800 median price is £190,000 Standard Deviation is £103,558 with Total Sold: 5
    • The most recent sale happened at this postcode is 146 THE DRIVE: £370,000 (Sold on 28 Jun 2006)
    • The first recorded sale happened at this postcode is 158 THE DRIVE: £108,000 (Sold on 06 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3PR 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
2006£370,000 £1,937 1
2001£340,000 £1,308 1
2000£156,0001
1999£190,0001
1998£108,000 £973 1

All the Sales in the THE DRIVE, IG1 3PR

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

AddressSold DatePrice% Change
146 THE DRIVETerraced, FreeholdArea: 191 Sq.mtrAge: 1930-194928 Jun 2006£370,000First Sale
160 THE DRIVETerraced, FreeholdArea: 260 Sq.mtrAge: 1930-194927 Apr 2001£340,000First Sale
150 THE DRIVETerraced, Freehold31 Mar 2000£156,000First Sale
152 THE DRIVETerraced, Freehold30 Nov 1999£190,000First Sale
158 THE DRIVETerraced, FreeholdArea: 111 Sq.mtrAge: 1900-192906 Mar 1998£108,000First Sale

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

THE DRIVE, IG1 3PR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £300,075 median price is £267,748 Standard Deviation is £175,511 with Total Sold: 1,446
    • The Last 5 Year average price is £582,858 with Total Sold: 167
    • 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 £352,185 median price is £317,000 Standard Deviation is £201,549 with Total Sold: 528
    • The Last 5 Year average price is £652,256 with Total Sold: 78
    • 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 £141,902 median price is £120,000 Standard Deviation is £77,625 with Total Sold: 373
    • The Last 5 Year average price is £213,631 with Total Sold: 55
    • 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 £1,317,731 median price is £433,000 Standard Deviation is £1,798,247 with Total Sold: 16
    • The Last 5 Year average price is £1,106,175 with Total Sold: 10
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£635,944 £4,524 9
2023£594,181 £5,056 36
2022£622,484 £5,117 26
2021£589,400 £4,829 35
2020£544,156 £4,558 30
2019£551,131 £4,721 31
2018£528,534 £4,688 29
2017£510,086 £4,379 29
2016£554,730 £4,304 37
2015£479,596 £4,129 36
2014£401,831 £3,555 43
2013£370,470 £2,923 31
2012£364,662 £3,231 34
2011£357,900 £2,971 30
2010£347,906 £2,969 32
2009£302,225 £2,555 37
2008£332,576 £2,879 46
2007£335,599 £2,695 80
2006£299,057 £2,606 70
2005£290,872 £2,385 67
2004£271,823 £2,308 65
2003£250,503 £2,167 74
2002£211,722 £1,715 76
2001£187,474 £1,456 80
2000£163,357 £1,370 60
1999£134,786 £1,038 81
1998£116,261 £990 65
1997£107,302 £825 60
1996£88,110 £703 58
1995£80,659 £697 59
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£642,167 £5,071 6
2023£665,767 £5,076 15
2022£695,714 £5,299 7
2021£710,475 £5,306 20
2020£596,933 £4,436 15
2019£600,200 £5,312 15
2018£561,500 £5,135 10
2017£585,000 £5,010 12
2016£611,467 £4,504 15
2015£475,588 £4,074 17
2014£489,306 £3,549 18
2013£402,088 £3,530 16
2012£430,786 £3,376 7
2011£390,218 £2,807 16
2010£380,308 £3,282 13
2009£368,166 £2,567 12
2008£340,750 £2,405 14
2007£393,242 £3,157 31
2006£346,094 £2,887 16
2005£317,600 £2,542 20
2004£297,652 £2,692 23
2003£282,642 £2,149 21
2002£250,939 £1,790 29
2001£196,604 £1,396 19
2000£185,662 £1,332 20
1999£151,819 £1,203 23
1998£148,868 £1,019 19
1997£112,381 £864 21
1996£111,851 £799 31
1995£104,378 £822 27
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
2023£236,750 £4,186 8
2022£229,700 £3,993 10
2021£198,477 £3,747 11
2020£225,912 £3,952 12
2019£196,346 £3,692 13
2018£132,375 £2,393 4
2017£176,682 £3,586 14
2016£199,833 £3,523 15
2015£204,333 £3,691 15
2014£179,618 £3,121 17
2013£185,571 £3,167 7
2012£133,800 £2,611 10
2011£143,999 £2,536 13
2010£138,000 £2,474 7
2009£133,079 £2,720 12
2008£149,688 £2,664 8
2007£157,416 £2,993 19
2006£160,607 £3,050 28
2005£136,864 £2,606 11
2004£154,132 £2,687 11
2003£141,000 £2,624 12
2002£112,889 £2,250 18
2001£92,188 £1,659 16
2000£70,185 £1,516 24
1999£60,194 £1,239 18
1998£59,625 £1,050 12
1997£53,567 £1,111 15
1996£50,844 £1,037 8
1995£52,436 £1,051 4
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£90,0001
2015£3,497,0291
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£471,6673
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£131,0001
1995£114,500 £788 2

House Type in IG1 3PR area

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