Housing Market Analysis for MELBOURNE ROAD, IG1 4LG

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £282,111 median price is £267,000 Standard Deviation is £179,197 with Total Sold: 9
    • The Last 5 Year average price is £565,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 48 MELBOURNE ROAD: £575,000 (Sold on 03 Jan 2024)
    • The first recorded sale happened at this postcode is 50 MELBOURNE ROAD: £94,000 (Sold on 22 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 4LG 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
2024£575,000 £4,752 1
2021£555,000 £4,851 1
2008£347,0001
2006£350,0001
2003£267,0001
2000£151,0001
1999£80,0001
1998£120,0001
1997£94,000 £803 1

All the Sales in the MELBOURNE ROAD, IG1 4LG

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

AddressSold DatePrice% Change
48 MELBOURNE ROADTerraced, FreeholdArea: 121 Sq.mtrAge: before 190003 Jan 2024£575,000First Sale
50 MELBOURNE ROADTerraced, FreeholdArea: 114.4 Sq.mtrAge: 1900-192927 Aug 2021£555,000490.43%
22 May 1997£94,000First Sale
34 MELBOURNE ROADTerraced, Freehold23 May 2008£347,00029.96%
31 Jul 2003£267,000First Sale
36 MELBOURNE ROADTerraced, Freehold11 Dec 2006£350,000First Sale
38 MELBOURNE ROADTerraced, Freehold19 Dec 2000£151,000First Sale
40 MELBOURNE ROADTerraced, Freehold25 Nov 1999£80,000First Sale
32A MELBOURNE ROADTerraced, Freehold28 Oct 1998£120,000First Sale

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

MELBOURNE ROAD, IG1 4LG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £333,769 median price is £302,500 Standard Deviation is £200,770 with Total Sold: 212
    • The Last 5 Year average price is £591,710 with Total Sold: 31
    • 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 £249,732 median price is £235,000 Standard Deviation is £155,500 with Total Sold: 1,538
    • The Last 5 Year average price is £504,155 with Total Sold: 155
    • The most recent sale happened at this postcode is , 138 AUCKLAND ROAD: £570,000 (Sold on 28 Aug 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 £135,861 median price is £123,000 Standard Deviation is £92,621 with Total Sold: 1,038
    • The Last 5 Year average price is £272,909 with Total Sold: 82
    • The most recent sale happened at this postcode is 2A, VALEBROOK, 2 PARK AVENUE: £340,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 22A INGLEBY ROAD: £50,995 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £804,038 median price is £370,000 Standard Deviation is £1,013,697 with Total Sold: 49
    • The Last 5 Year average price is £673,391 with Total Sold: 22
    • The most recent sale happened at this postcode is , 227 CRANBROOK ROAD: £1,600,000 (Sold on 06 Dec 2023)
    • The first recorded sale happened at this postcode is , 1A DUNEDIN ROAD: £100,000 (Sold on 11 Nov 2013)
  • Detached
    • The average price is around £367,965 median price is £316,667 Standard Deviation is £242,085 with Total Sold: 38
    • The Last 5 Year average price is £970,500 with Total Sold: 2
    • 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£950,0001
2023£607,667 £6,222 6
2022£695,000 £5,283 3
2021£569,091 £4,453 11
2020£452,833 £3,612 6
2019£671,250 £4,833 4
2018£616,400 £4,864 5
2017£631,667 £4,183 3
2016£531,375 £3,255 8
2015£515,550 £3,330 5
2014£385,286 £3,337 7
2013£301,667 £2,745 3
2012£315,000 £2,507 4
2011£335,667 £3,020 6
2010£301,250 £2,600 8
2009£342,667 £2,213 3
2008£441,428 £4,647 7
2007£376,860 £2,745 10
2006£354,500 £2,501 12
2005£294,750 £2,058 4
2004£331,980 £4,175 7
2003£278,733 £2,317 15
2002£228,000 £1,516 9
2001£192,367 £1,738 15
2000£184,778 £1,401 9
1999£174,733 £842 8
1998£143,250 £1,500 8
1997£115,543 £840 7
1996£95,665 £891 6
1995£81,062 £619 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,864 £5,039 11
2023£561,961 £4,766 23
2022£550,909 £5,478 22
2021£489,870 £4,592 44
2020£490,069 £4,486 29
2019£461,084 £4,391 26
2018£472,321 £4,251 28
2017£494,691 £4,352 22
2016£455,599 £4,419 42
2015£402,283 £3,784 46
2014£351,876 £3,339 44
2013£311,871 £2,892 31
2012£303,705 £2,761 39
2011£282,397 £2,850 29
2010£268,959 £2,879 38
2009£272,691 £2,823 34
2008£296,026 £2,792 39
2007£294,696 £3,226 67
2006£270,708 £2,428 83
2005£243,375 £2,590 64
2004£250,439 £2,591 92
2003£222,457 £2,216 76
2002£186,387 £1,901 96
2001£160,625 £1,613 84
2000£135,055 £1,524 68
1999£105,605 £930 73
1998£89,326 £840 71
1997£76,106 £764 78
1996£71,777 £670 78
1995£66,918 £609 61
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,0003
2023£284,867 £5,559 15
2022£306,469 £5,247 16
2021£260,817 £5,071 13
2020£264,407 £5,175 17
2019£248,194 £4,559 18
2018£360,173 £4,758 33
2017£280,487 £5,066 23
2016£232,265 £4,506 32
2015£208,445 £3,825 29
2014£182,438 £3,154 28
2013£160,916 £2,914 18
2012£144,506 £2,712 17
2011£155,857 £2,599 14
2010£159,511 £2,843 22
2009£183,750 £2,329 6
2008£161,538 £2,791 26
2007£168,704 £3,121 49
2006£161,321 £2,926 42
2005£141,750 £2,734 42
2004£138,255 £2,651 39
2003£128,136 £2,433 66
2002£105,424 £2,022 70
2001£83,143 £1,441 63
2000£68,986 £1,316 75
1999£55,572 £1,078 59
1998£50,625 £924 64
1997£49,416 £816 64
1996£41,144 £759 47
1995£40,169 £737 28
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,160,0003
2022£455,0001
2021£815,667 £4,368 3
2020£306,116 £340 7
2019£411,225 £8,312 8
2018£1,066,880 £7,257 11
2017£719,073 £9,232 8
2016£776,667 £8,672 3
2015£1,820,000 £35,000 2
2014£512,5002
2013£100,000 £2,857 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,056,0001
2020£885,000 £7,705 1
2018£745,000 £4,488 1
2017£526,000 £4,383 1
2016£605,000 £4,980 2
2015£630,000 £4,701 1
2014£442,498 £3,514 2
2013£370,000 £2,871 2
2012£271,500 £2,252 1
2011£400,000 £4,938 1
2008£415,0002
2007£615,000 £2,358 2
2005£355,000 £1,707 1
2003£374,167 £1,793 3
2002£270,000 £1,446 2
2001£254,611 £2,156 6
2000£135,000 £894 1
1999£195,000 £1,455 1
1998£147,167 £724 3
1997£75,0001
1995£60,833 £466 3

House Type in IG1 4LG area

The most common house types in the IG1 4LG postcode area are Terraced (56), Shared house (32), and Semi-detached (17).

Total116
Terraced56
Shared house32
Semi-detached17
Detached6
Flat5
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (35), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright35
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency33
Private rented: Other private rented5
Social rented: Rents from council or Local Authority2
Social rented: Other social rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG1 4LG have 2 people in household (26), and 3 people in household (22).

2 people in household26
3 people in household22
5 people in household21
1 person in household18
4 people in household17
6 people in household8
8 or more people in household3
7 people in household1
0 people in household0