Housing Market Analysis for THE DRIVE, IG1 3PS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £602,500 median price is £602,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £602,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 138 THE DRIVE: £602,500 (Sold on 01 Nov 2021)
    • The first recorded sale happened at this postcode is 138 THE DRIVE: £602,500 (Sold on 01 Nov 2021)
  • Other
    • The average price is around £90,000 median price is £90,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is JACK CARTER CENTRE THE DRIVE: £90,000 (Sold on 29 Jul 2016)
    • The first recorded sale happened at this postcode is JACK CARTER CENTRE THE DRIVE: £90,000 (Sold on 29 Jul 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3PS 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
2021£602,500 £4,979 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£90,0001

All the Sales in the THE DRIVE, IG1 3PS

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

AddressSold DatePrice% Change
138 THE DRIVETerraced, FreeholdArea: 121 Sq.mtrAge: 1930-194901 Nov 2021£602,500First Sale
JACK CARTER CENTRE THE DRIVEOther, Leasehold29 Jul 2016£90,000First Sale

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

THE DRIVE, IG1 3PS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £298,727 median price is £270,228 Standard Deviation is £176,535 with Total Sold: 1,418
    • The Last 5 Year average price is £590,491 with Total Sold: 159
    • 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)
  • Semi-Detached
    • The average price is around £359,427 median price is £330,000 Standard Deviation is £204,548 with Total Sold: 539
    • The Last 5 Year average price is £679,239 with Total Sold: 71
    • 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 £143,763 median price is £126,800 Standard Deviation is £86,976 with Total Sold: 424
    • The Last 5 Year average price is £258,008 with Total Sold: 49
    • The most recent sale happened at this postcode is FLAT 5, 54 THE DRIVE: £275,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 56 CLARENDON GARDENS: £45,500 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £322,491 median price is £200,000 Standard Deviation is £396,120 with Total Sold: 17
    • The Last 5 Year average price is £338,946 with Total Sold: 12
    • The most recent sale happened at this postcode is FLAT 46, BEEHIVE COURT BEEHIVE LANE: £19,250 (Sold on 24 Apr 2023)
    • 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£652,136 £4,524 11
2023£604,603 £5,141 29
2022£623,139 £4,901 31
2021£589,000 £4,525 29
2020£540,075 £4,275 29
2019£570,685 £4,719 30
2018£537,927 £4,524 28
2017£520,379 £4,213 29
2016£556,169 £4,289 34
2015£456,857 £3,925 35
2014£414,924 £3,393 33
2013£366,533 £2,888 36
2012£354,290 £2,904 31
2011£348,631 £2,780 42
2010£334,678 £2,984 28
2009£312,813 £2,427 33
2008£331,362 £2,730 42
2007£338,432 £2,613 81
2006£307,985 £2,669 71
2005£296,104 £2,105 62
2004£280,052 £2,142 57
2003£258,307 £2,009 71
2002£206,528 £1,562 85
2001£179,094 £1,363 74
2000£166,020 £1,391 70
1999£135,213 £1,014 74
1998£118,579 £950 60
1997£102,599 £859 68
1996£89,652 £693 61
1995£85,070 £666 54
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£642,600 £5,071 5
2023£753,885 £5,237 13
2022£748,625 £4,939 8
2021£693,971 £5,187 17
2020£592,286 £4,472 14
2019£652,429 £4,837 14
2018£586,611 £4,985 9
2017£645,600 £5,318 15
2016£610,933 £4,431 15
2015£471,224 £4,016 19
2014£452,272 £3,350 21
2013£415,667 £3,403 12
2012£431,500 £3,004 10
2011£382,281 £2,679 16
2010£364,067 £2,978 15
2009£393,272 £2,467 11
2008£340,462 £2,691 13
2007£370,720 £3,378 27
2006£376,475 £2,901 20
2005£337,449 £2,475 20
2004£336,490 £2,636 25
2003£308,157 £2,569 27
2002£276,773 £2,204 26
2001£201,794 £1,264 17
2000£210,952 £1,351 21
1999£159,591 £1,090 35
1998£159,894 £1,068 19
1997£120,595 £820 21
1996£114,805 £817 30
1995£109,031 £701 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0001
2023£259,048 £4,427 8
2022£265,583 £4,240 12
2021£240,942 £4,468 13
2020£283,393 £4,726 7
2019£249,000 £4,708 8
2018£259,300 £3,776 5
2017£239,875 £4,901 8
2016£243,428 £4,133 21
2015£281,643 £4,533 7
2014£189,917 £3,239 12
2013£194,286 £2,619 7
2012£167,000 £2,394 4
2011£137,681 £2,508 11
2010£115,000 £2,296 5
2009£168,583 £2,619 6
2008£181,071 £2,990 14
2007£164,831 £3,076 18
2006£175,632 £2,900 34
2005£155,375 £2,653 16
2004£141,700 £2,349 15
2003£121,315 £2,357 23
2002£105,252 £1,779 28
2001£81,295 £1,385 22
2000£79,444 £1,394 27
1999£66,850 £1,039 18
1998£54,666 £879 24
1997£49,122 £792 21
1996£48,633 £750 15
1995£41,000 £786 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£730,417 £301 3
2022£45,000 £542 1
2021£325,000 £648 4
2020£132,775 £3,704 4
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 3PS area

The most common house types in the IG1 3PS postcode area are Semi-detached (59), Terraced (23), and Flat (9).

Total100
Semi-detached59
Terraced23
Flat9
Detached5
Shared house4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (40), and Owned: Owns outright (32).

Owned: Owns with a mortgage or loan40
Owned: Owns outright32
Private rented: Private landlord or letting agency21
Private rented: Other private rented4
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IG1 3PS have 4 people in household (18), and 2 people in household (16).

4 people in household18
2 people in household16
3 people in household15
5 people in household15
1 person in household11
8 or more people in household11
6 people in household10
7 people in household5
0 people in household0