Housing Market Analysis for THE DRIVE, IG1 3PW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £270,688 median price is £175,000 Standard Deviation is £195,995 with Total Sold: 8
    • The Last 5 Year average price is £625,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 309 THE DRIVE: £625,000 (Sold on 16 Aug 2021)
    • The first recorded sale happened at this postcode is 303 THE DRIVE: £101,000 (Sold on 26 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 3PW 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£625,000 £4,058 1
2017£530,000 £4,732 1
2014£350,000 £3,125 1
2006£175,000 £1,136 2
1997£102,000 £662 1
1996£104,250 £951 2

All the Sales in the THE DRIVE, IG1 3PW

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

AddressSold DatePrice% Change
309 THE DRIVETerraced, FreeholdArea: 154 Sq.mtrAge: 1930-194916 Aug 2021£625,000420.83%
31 Oct 2006£120,000-47.83%
31 Oct 2006£230,000125.49%
27 Mar 1997£102,000First Sale
317 THE DRIVETerraced, FreeholdArea: 112 Sq.mtrAge: 1930-194914 Jul 2017£530,00051.43%
28 Nov 2014£350,000First Sale
311 THE DRIVETerraced, FreeholdArea: 113 Sq.mtrAge: 1900-192923 Aug 1996£107,500First Sale
303 THE DRIVETerraced, Freehold26 Jun 1996£101,000First Sale

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

THE DRIVE, IG1 3PW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £306,417 median price is £273,000 Standard Deviation is £176,764 with Total Sold: 1,422
    • The Last 5 Year average price is £585,406 with Total Sold: 180
    • 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 £340,363 median price is £312,000 Standard Deviation is £193,411 with Total Sold: 543
    • The Last 5 Year average price is £647,464 with Total Sold: 69
    • 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 £139,824 median price is £118,500 Standard Deviation is £79,974 with Total Sold: 391
    • The Last 5 Year average price is £215,230 with Total Sold: 52
    • 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 £1,541,550 median price is £438,500 Standard Deviation is £2,371,981 with Total Sold: 19
    • The Last 5 Year average price is £1,949,167 with Total Sold: 9
    • 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 £405,889 median price is £425,000 Standard Deviation is £193,435 with Total Sold: 44
    • 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£633,955 £4,524 11
2023£589,950 £5,209 40
2022£626,899 £5,179 29
2021£585,592 £4,800 38
2020£570,940 £4,819 25
2019£543,123 £4,720 37
2018£515,328 £4,739 29
2017£514,018 £4,641 28
2016£542,853 £4,397 34
2015£474,719 £4,209 34
2014£403,124 £3,580 42
2013£377,956 £2,923 32
2012£363,984 £3,260 31
2011£366,211 £2,961 26
2010£354,333 £2,951 33
2009£304,134 £2,615 36
2008£340,733 £2,839 45
2007£335,758 £2,638 87
2006£299,146 £2,596 77
2005£290,337 £2,443 64
2004£274,147 £2,295 68
2003£245,460 £2,174 69
2002£222,327 £1,788 70
2001£188,002 £1,496 74
2000£162,092 £1,334 57
1999£136,130 £1,030 79
1998£118,517 £1,022 58
1997£109,761 £879 60
1996£89,198 £723 54
1995£81,107 £669 55
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£624,000 £5,071 7
2023£652,000 £5,270 12
2022£668,750 £5,474 8
2021£705,583 £5,159 18
2020£576,200 £4,326 10
2019£619,321 £5,397 14
2018£553,722 £5,255 9
2017£521,532 £4,530 8
2016£598,444 £4,516 18
2015£474,250 £4,226 16
2014£486,094 £3,447 16
2013£399,126 £3,496 19
2012£422,550 £3,401 10
2011£386,214 £3,055 14
2010£394,167 £3,077 12
2009£357,909 £2,562 11
2008£366,694 £2,250 18
2007£393,600 £3,130 30
2006£338,656 £2,666 16
2005£311,172 £2,595 26
2004£323,233 £2,685 29
2003£277,904 £2,070 21
2002£246,043 £1,799 29
2001£218,772 £1,597 22
2000£184,579 £1,341 22
1999£156,716 £1,208 21
1998£140,613 £980 22
1997£120,860 £912 25
1996£112,827 £858 33
1995£100,007 £831 27
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,0001
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£223,321 £3,789 14
2018£205,833 £3,522 6
2017£172,581 £3,453 13
2016£202,079 £3,425 19
2015£198,289 £3,580 19
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£127,556 £2,274 9
2009£128,079 £2,568 12
2008£155,792 £2,287 12
2007£152,468 £2,800 19
2006£157,700 £3,041 25
2005£137,458 £2,438 12
2004£150,711 £2,510 14
2003£128,000 £2,383 13
2002£112,556 £2,223 18
2001£90,536 £1,605 14
2000£69,689 £1,473 26
1999£59,031 £1,305 16
1998£56,792 £1,005 12
1997£51,938 £1,092 16
1996£46,114 £891 11
1995£39,458 £819 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,651,833 £8,274 3
2022£1,200,0001
2021£4,378,750 £326 2
2020£2,200,0001
2019£214,750 £8,066 2
2018£1,705,631 £5,619 4
2017£207,467 £6,010 3
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£429,000 £3,586 5
2006£329,333 £2,082 3
2005£471,6673
2004£525,000 £2,117 1
2002£364,000 £2,395 1
2000£315,0001
1999£133,833 £907 3
1998£174,833 £1,262 3
1997£144,500 £682 2
1996£131,0001
1995£114,500 £788 2

House Type in IG1 3PW area

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