Housing Market Analysis for BALFOUR ROAD, IG1 4HU

Are you looking to understand IG1 4HU 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 4HU area, explore the IG1 4HU Area information page.
For comprehensive crime statistics in the IG1 4HU area, explore the IG1 4HU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG1 4HU postcode area, The average prices are as follows,

Terraced
- The average price is around £342,031 median price is £310,000 Standard Deviation is £186,832 with Total Sold: 16
- The Last 5 Year average price is £553,000 with Total Sold: 5
- The most recent sale happened at this postcode is 159 BALFOUR ROAD: £570,000 (Sold on 08 Jun 2023)
- The first recorded sale happened at this postcode is 169 BALFOUR ROAD: £75,000 (Sold on 24 Feb 1995)
Flat
- The average price is around £134,028 median price is £83,475 Standard Deviation is £101,185 with Total Sold: 16
- The Last 5 Year average price is £322,500 with Total Sold: 2
- The most recent sale happened at this postcode is 185A BALFOUR ROAD: £330,000 (Sold on 03 Mar 2021)
- The first recorded sale happened at this postcode is 185A BALFOUR ROAD: £45,500 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 4HU 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	£570,000	£4,872	1
2022	£550,000	£4,825	1
2020	£548,333	£4,373	3
2016	£520,000	£4,094	1
2015	£470,000	£3,381	1
2012	£340,000	£2,252	1
2006	£240,000		1
2005	£272,000	£2,305	1
2004	£280,000	£1,905	1
2002	£215,000	£1,547	1
1999	£130,000	£935	1
1998	£80,500		1
1996	£85,000		1
1995	£75,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£330,000	£5,401	1
2019	£315,000	£4,091	1
2017	£320,000	£5,237	1
2012	£169,000	£2,766	1
2009	£158,000	£2,586	1
2006	£186,000	£3,749	1
2003	£118,500	£1,878	2
2000	£64,975	£1,168	2
1999	£56,250	£1,179	2
1998	£48,250	£992	2
1997	£45,000	£755	1
1996	£45,500	£745	1

All the Sales in the BALFOUR ROAD, IG1 4HU

See the table below for more details on the sold house prices in the IG1 4HU, Redbridge postcode.

Address	Sold Date	Price	% Change
159 BALFOUR ROADTerraced, FreeholdArea: 117 Sq.mtrAge: before 1900	08 Jun 2023	£570,000	First Sale
139 BALFOUR ROADTerraced, FreeholdArea: 114 Sq.mtrAge: 1900-1929	14 Nov 2022	£550,000	First Sale
185A BALFOUR ROADFlat, LeaseholdArea: 61.1 Sq.mtrAge: 1900-1929	03 Mar 2021	£330,000	3.12%
	17 Feb 2017	£320,000	89.35%
	14 Sep 2012	£169,000	6.96%
	01 Sep 2009	£158,000	247.25%
	31 May 1996	£45,500	First Sale
181 BALFOUR ROADTerraced, FreeholdArea: 115 Sq.mtrAge: 1900-1929	20 Aug 2020	£530,000	First Sale
173 BALFOUR ROADTerraced, FreeholdArea: 135 Sq.mtrAge: 1900-1929	13 Aug 2020	£580,000	First Sale
161 BALFOUR ROADTerraced, FreeholdArea: 127 Sq.mtrAge: 1900-1929	09 Jan 2020	£535,000	2.88%
	31 Aug 2016	£520,000	First Sale
179A BALFOUR ROADFlat, LeaseholdArea: 77 Sq.mtrAge: 1900-1929	27 Sep 2019	£315,000	First Sale
171 BALFOUR ROADTerraced, FreeholdArea: 139 Sq.mtrAge: before 1900	12 Feb 2015	£470,000	118.60%
	02 May 2002	£215,000	65.38%
	15 Dec 1999	£130,000	First Sale
155 BALFOUR ROADTerraced, FreeholdArea: 151 Sq.mtrAge: 1930-1949	13 Jan 2012	£340,000	First Sale
185 BALFOUR ROADFlat, LeaseholdArea: 49.61 Sq.mtrAge: 1930-1949	29 Sep 2006	£186,000	291.58%
	12 May 1998	£47,500	First Sale
131 BALFOUR ROADTerraced, Freehold	13 Apr 2006	£240,000	First Sale
183 BALFOUR ROADTerraced, FreeholdArea: 118 Sq.mtrAge: 1900-1929	08 Jul 2005	£272,000	First Sale
143 BALFOUR ROADTerraced, FreeholdArea: 147 Sq.mtrAge: 1900-1929	15 Oct 2004	£280,000	First Sale
135B BALFOUR ROADFlat, LeaseholdArea: 59.61 Sq.mtrAge: 1930-1949	13 Nov 2003	£140,000	211.11%
	06 Nov 1997	£45,000	First Sale
135A BALFOUR ROADFlat, LeaseholdArea: 68.89 Sq.mtrAge: 1900-1929	11 Nov 2003	£97,000	61.67%
	01 Dec 2000	£60,000	First Sale
179 BALFOUR ROADFlat, LeaseholdArea: 47.72 Sq.mtrAge: 1900-1929	16 Jun 2000	£69,950	27.18%
	12 Nov 1999	£55,000	-4.35%
	28 May 1999	£57,500	17.35%
	10 Mar 1998	£49,000	First Sale
137 BALFOUR ROADTerraced, Freehold	02 Jun 1998	£80,500	First Sale
165 BALFOUR ROADTerraced, Freehold	30 Apr 1996	£85,000	First Sale
169 BALFOUR ROADTerraced, Freehold	24 Feb 1995	£75,000	First Sale

Check out the sold house prices near the IG1 4HU postcode. Properties currently for saleProperties currently for rent

BALFOUR ROAD, IG1 4HU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG1 4HU 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 4HU postcode.

Semi-Detached
- The average price is around £311,326 median price is £285,000 Standard Deviation is £192,719 with Total Sold: 191
- The Last 5 Year average price is £575,885 with Total Sold: 26
- The most recent sale happened at this postcode is , 67 COVENTRY ROAD: £950,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 248 THOROLD ROAD: £59,000 (Sold on 06 Mar 1995)
Terraced
- The average price is around £235,200 median price is £216,505 Standard Deviation is £151,614 with Total Sold: 1,962
- The Last 5 Year average price is £486,804 with Total Sold: 191
- The most recent sale happened at this postcode is , 52 FRANCIS AVENUE: £435,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 19 MONTREAL ROAD: £67,000 (Sold on 09 Jan 1995)
Flat
- The average price is around £167,495 median price is £171,000 Standard Deviation is £80,883 with Total Sold: 1,825
- The Last 5 Year average price is £253,959 with Total Sold: 135
- The most recent sale happened at this postcode is SUITE 108, LEY STREET HOUSE, 497 - 499 LEY STREET: £101,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 22A INGLEBY ROAD: £50,995 (Sold on 06 Jan 1995)
Detached
- The average price is around £314,253 median price is £272,500 Standard Deviation is £205,211 with Total Sold: 37
- The Last 5 Year average price is £1,056,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 180 LEY STREET: £1,056,000 (Sold on 30 Oct 2023)
- The first recorded sale happened at this postcode is , 118 WELLESLEY ROAD: £61,500 (Sold on 16 Jan 1995)
Other
- The average price is around £863,766 median price is £250,000 Standard Deviation is £2,233,107 with Total Sold: 72
- The Last 5 Year average price is £730,150 with Total Sold: 32
- The most recent sale happened at this postcode is , 180 LEY STREET: £880,000 (Sold on 30 Oct 2023)
- The first recorded sale happened at this postcode is , 308 LEY STREET: £944,000 (Sold on 06 Nov 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£950,000		1
2023	£575,200	£6,446	5
2022	£695,000	£5,283	3
2021	£522,857	£4,627	7
2020	£452,833	£3,612	6
2019	£671,250	£4,833	4
2018	£616,400	£4,864	5
2017	£511,250	£4,362	4
2016	£468,714	£3,255	7
2015	£462,417	£3,047	3
2014	£385,286	£3,337	7
2013	£205,000	£2,971	1
2012	£315,000	£2,507	4
2011	£335,667	£3,020	6
2010	£292,571	£2,586	7
2009	£342,667	£2,213	3
2008	£441,428	£4,647	7
2007	£313,575	£2,745	8
2006	£330,333	£2,383	12
2005	£294,750	£2,058	4
2004	£295,552	£3,310	7
2003	£272,167	£2,275	12
2002	£201,300	£1,497	10
2001	£176,708	£1,726	12
2000	£175,214	£1,314	7
1999	£112,311	£792	6
1998	£132,889	£1,500	9
1997	£103,750	£1,345	8
1996	£85,799	£891	5
1995	£79,795	£637	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£474,433	£5,187	15
2023	£511,037	£4,536	30
2022	£539,548	£5,256	31
2021	£485,438	£4,606	53
2020	£464,879	£4,448	29
2019	£442,309	£4,483	33
2018	£445,250	£4,154	36
2017	£446,353	£4,280	36
2016	£439,922	£4,224	51
2015	£387,851	£3,671	47
2014	£339,035	£3,347	58
2013	£301,706	£2,826	34
2012	£296,536	£2,790	42
2011	£273,797	£2,784	32
2010	£260,601	£2,870	46
2009	£253,039	£2,783	38
2008	£288,780	£2,803	51
2007	£289,937	£3,164	75
2006	£261,235	£2,762	105
2005	£236,484	£2,890	97
2004	£240,069	£2,589	107
2003	£215,005	£2,357	104
2002	£177,729	£1,946	127
2001	£149,064	£1,510	113
2000	£122,582	£1,278	86
1999	£98,941	£928	94
1998	£83,958	£869	104
1997	£73,229	£787	114
1996	£69,350	£687	98
1995	£65,197	£617	76

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,625	£3,333	8
2023	£271,550	£5,216	20
2022	£275,036	£4,837	26
2021	£239,966	£4,332	26
2020	£258,747	£4,892	22
2019	£245,515	£4,460	33
2018	£251,397	£4,646	34
2017	£269,473	£4,762	51
2016	£234,631	£4,486	57
2015	£208,297	£3,783	95
2014	£186,927	£3,267	69
2013	£163,306	£2,894	42
2012	£156,337	£2,742	27
2011	£152,735	£2,691	17
2010	£190,724	£3,224	150
2009	£219,743	£2,416	18
2008	£182,723	£3,770	37
2007	£198,269	£3,589	78
2006	£220,547	£3,579	243
2005	£182,552	£3,232	143
2004	£143,443	£2,793	46
2003	£149,494	£2,793	133
2002	£102,222	£2,060	64
2001	£82,108	£1,452	60
2000	£68,136	£1,320	73
1999	£54,638	£1,098	58
1998	£49,918	£904	61
1997	£46,890	£809	60
1996	£39,222	£748	44
1995	£40,058	£733	30

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,056,000		1
2018	£745,000	£4,488	1
2017	£526,000	£4,383	1
2016	£426,667	£4,128	3
2015	£630,000	£4,701	1
2014	£499,995	£3,676	1
2013	£370,000	£2,871	2
2012	£271,500	£2,252	1
2011	£400,000	£4,938	1
2010	£370,000		1
2008	£345,000		1
2007	£349,000	£2,358	1
2005	£355,000	£1,707	1
2004	£257,498	£833	2
2003	£261,250	£1,793	2
2002	£270,000	£1,446	2
2001	£279,583	£901	4
2000	£135,000	£894	1
1999	£185,000	£1,455	2
1998	£147,167	£724	3
1997	£61,025		2
1996	£185,000		1
1995	£55,250	£466	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£702,500		2
2022	£1,750,000		5
2021	£266,429	£4,368	7
2020	£260,000	£1,417	8
2019	£926,480		10
2018	£1,851,368	£7,257	11
2017	£287,299	£7,425	12
2016	£593,500		6
2015	£776,964	£35,000	7
2014	£2,485,000		2
2013	£522,000	£2,857	2

House Type in IG1 4HU area

The most common house types in the IG1 4HU postcode area are Terraced (55), Shared house (29), and Semi-detached (13).

Total	119
Terraced	55
Shared house	29
Semi-detached	13
Detached	11
Flat	10
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (45), and Owned: Owns outright (36).

Private rented: Private landlord or letting agency	45
Owned: Owns outright	36
Owned: Owns with a mortgage or loan	27
Social rented: Other social rented	6
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IG1 4HU have 4 people in household (22), and 2 people in household (21).

4 people in household	22
2 people in household	21
1 person in household	18
5 people in household	18
6 people in household	16
3 people in household	13
8 or more people in household	8
7 people in household	3
0 people in household	0