Housing Market Analysis for BUSH CLOSE, IG2 7NL

Are you looking to understand IG2 7NL 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 IG2 7NL area, explore the IG2 7NL Area information page.
For comprehensive crime statistics in the IG2 7NL area, explore the IG2 7NL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG2 7NL postcode area, The average prices are as follows,

Flat
- The average price is around £222,718 median price is £244,000 Standard Deviation is £120,548 with Total Sold: 27
- The Last 5 Year average price is £296,667 with Total Sold: 3
- The most recent sale happened at this postcode is 9 BUSH CLOSE: £300,000 (Sold on 25 May 2022)
- The first recorded sale happened at this postcode is 17 BUSH CLOSE: £30,386 (Sold on 16 Nov 1995)
Other
- The average price is around £27,750 median price is £28,500 Standard Deviation is £20,801 with Total Sold: 4
- The most recent sale happened at this postcode is 17 BUSH CLOSE: £48,000 (Sold on 05 Oct 2018)
- The first recorded sale happened at this postcode is 9 BUSH CLOSE: £5,000 (Sold on 05 Oct 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average IG2 7NL 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£300,000	£5,882	1
2019	£295,000	£5,268	2
2017	£270,833	£5,047	3
2016	£301,222	£5,311	9
2014	£219,995	£3,928	1
2009	£149,000	£2,661	2
2008	£193,500	£3,280	1
2005	£144,500	£2,513	2
2004	£136,000	£1,921	2
2002	£99,000	£1,716	3
1995	£30,386	£475	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£27,750	£472	4

All the Sales in the BUSH CLOSE, IG2 7NL

See the table below for more details on the sold house prices in the IG2 7NL, Redbridge postcode.

Address	Sold Date	Price	% Change
9 BUSH CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1950-1966	25 May 2022	£300,000	5900.00%
	05 Oct 2018	£5,000	-98.39%
	08 Feb 2017	£310,000	25.00%
	01 Jul 2016	£248,000	First Sale
11 BUSH CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1967-1975	16 Dec 2019	£295,000	34.09%
	28 Mar 2014	£219,995	34.97%
	21 Dec 2009	£163,000	First Sale
12 BUSH CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1967-1975	13 Sep 2019	£295,000	104.86%
	07 Mar 2005	£144,000	37.80%
	16 Aug 2002	£104,500	19.43%
	18 Feb 2002	£87,500	First Sale
17 BUSH CLOSEOther, FreeholdArea: 64 Sq.mtrAge: 1950-1966	05 Oct 2018	£48,000	-80.41%
	15 Jul 2016	£245,000	706.29%
	16 Nov 1995	£30,386	First Sale
13 BUSH CLOSEOther, FreeholdArea: 56 Sq.mtrAge: 1967-1975	05 Oct 2018	£49,000	First Sale
5 BUSH CLOSEOther, FreeholdArea: 54 Sq.mtrAge: 1950-1966	05 Oct 2018	£9,000	-96.44%
5 BUSH CLOSEOther, FreeholdArea: 54 Sq.mtrAge: 1950-1966	22 Feb 2017	£252,500	First Sale
8 BUSH CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 1967-1975	03 Jan 2017	£250,000	-64.79%
	16 Mar 2016	£710,000	198.32%
	16 Mar 2016	£238,000	First Sale
2 BUSH CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	24 Nov 2016	£245,000	First Sale
10 BUSH CLOSEFlat, LeaseholdArea: 58 Sq.mtrAge: 1950-1966	28 Oct 2016	£270,000	First Sale
6 BUSH CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	13 Oct 2016	£244,000	First Sale
14 BUSH CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1967-1975	23 Aug 2016	£254,000	First Sale
16 BUSH CLOSEFlat, LeaseholdArea: 50 Sq.mtrAge: 1967-1975	03 Jun 2016	£257,000	First Sale
1 BUSH CLOSEFlat, LeaseholdArea: 56 Sq.mtrAge: 1967-1975	25 Sep 2009	£135,000	First Sale
20 BUSH CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	25 Feb 2008	£193,500	84.29%
20 BUSH CLOSEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-1975	12 Apr 2002	£105,000	First Sale
15 BUSH CLOSEFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	29 Jul 2005	£145,000	9.85%
15 BUSH CLOSEFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	03 Jun 2004	£132,000	First Sale
18 BUSH CLOSEFlat, LeaseholdArea: 89.4 Sq.mtr	05 May 2004	£140,000	First Sale

Check out the sold house prices near the IG2 7NL postcode. Properties currently for saleProperties currently for rent

BUSH CLOSE, IG2 7NL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG2 7NL 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 IG2 7NL postcode.

Semi-Detached
- The average price is around £248,242 median price is £238,000 Standard Deviation is £139,020 with Total Sold: 535
- The Last 5 Year average price is £485,814 with Total Sold: 66
- The most recent sale happened at this postcode is , 54 STAINFORTH ROAD: £570,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 12 BRENDON GARDENS: £80,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £177,756 median price is £185,000 Standard Deviation is £77,268 with Total Sold: 1,052
- The Last 5 Year average price is £268,327 with Total Sold: 87
- The most recent sale happened at this postcode is , 2 ABBEY ROAD: £290,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 756A EASTERN AVENUE: £31,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £235,967 median price is £225,000 Standard Deviation is £138,833 with Total Sold: 1,643
- The Last 5 Year average price is £486,820 with Total Sold: 173
- The most recent sale happened at this postcode is , 32 HEATHSIDE CLOSE: £425,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 16 LEYSWOOD DRIVE: £77,000 (Sold on 03 Jan 1995)
Detached
- The average price is around £304,570 median price is £292,000 Standard Deviation is £149,977 with Total Sold: 47
- The Last 5 Year average price is £519,733 with Total Sold: 7
- The most recent sale happened at this postcode is , 33A BUNTINGBRIDGE ROAD: £587,000 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is , 48 HERTFORD ROAD: £72,750 (Sold on 28 Apr 1995)
Other
- The average price is around £771,426 median price is £320,000 Standard Deviation is £1,165,288 with Total Sold: 55
- The Last 5 Year average price is £755,261 with Total Sold: 29
- The most recent sale happened at this postcode is FLAT 55, REGAL HOUSE ROYAL CRESCENT: £175,000 (Sold on 01 Nov 2023)
- The first recorded sale happened at this postcode is , 6 - 10 TRING CLOSE: £350,000 (Sold on 29 Jul 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£570,500		4
2023	£505,712	£5,216	8
2022	£521,571	£4,993	14
2021	£503,682	£4,659	11
2020	£441,583	£4,864	12
2019	£446,735	£4,837	17
2018	£428,750	£5,009	4
2017	£472,336	£4,661	10
2016	£407,800	£4,259	10
2015	£359,333	£3,851	18
2014	£331,789	£3,459	19
2013	£302,000	£3,235	14
2012	£281,727	£3,115	11
2011	£280,667	£2,849	15
2010	£285,768	£2,967	13
2009	£246,333	£2,802	6
2008	£307,769	£3,203	13
2007	£291,520	£3,286	25
2006	£241,397	£2,459	34
2005	£239,385	£2,522	13
2004	£247,423	£2,557	33
2003	£219,957	£2,538	35
2002	£184,339	£2,201	25
2001	£161,976	£1,585	21
2000	£124,127	£1,135	27
1999	£103,258	£968	36
1998	£107,590	£1,038	22
1997	£84,881	£798	19
1996	£68,000	£755	27
1995	£71,632	£797	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£211,000	£4,583	5
2023	£271,000	£4,688	13
2022	£278,467	£5,119	16
2021	£271,182	£4,379	22
2020	£290,273	£4,579	11
2019	£257,600	£4,655	20
2018	£261,067	£4,697	21
2017	£264,456	£4,506	34
2016	£255,358	£4,605	49
2015	£239,965	£3,740	43
2014	£201,385	£3,739	35
2013	£163,901	£2,822	29
2012	£143,111	£2,680	9
2011	£159,938	£3,042	16
2010	£175,333	£3,003	18
2009	£144,084	£2,848	12
2008	£195,284	£3,070	30
2007	£181,114	£3,182	57
2006	£178,721	£3,267	50
2005	£206,249	£3,747	87
2004	£199,535	£3,732	200
2003	£150,902	£2,692	41
2002	£109,425	£2,001	40
2001	£87,658	£1,570	49
2000	£69,816	£1,320	33
1999	£62,191	£1,020	28
1998	£50,406	£979	24
1997	£47,970	£937	17
1996	£43,917	£819	18
1995	£45,081	£822	25

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£473,955		11
2023	£517,300	£5,180	25
2022	£506,228	£5,316	37
2021	£486,189	£5,115	43
2020	£463,090	£4,601	30
2019	£464,611	£4,786	27
2018	£452,416	£4,650	41
2017	£428,350	£4,885	30
2016	£412,690	£4,461	29
2015	£358,720	£4,179	50
2014	£337,369	£3,589	46
2013	£271,062	£3,028	40
2012	£261,757	£2,997	39
2011	£250,966	£2,899	36
2010	£261,427	£2,775	41
2009	£235,866	£2,553	32
2008	£267,679	£3,095	40
2007	£275,166	£3,008	76
2006	£240,286	£2,954	86
2005	£234,814	£2,595	70
2004	£237,125	£2,403	110
2003	£207,589	£2,451	79
2002	£175,725	£1,902	73
2001	£146,237	£1,781	85
2000	£126,021	£1,378	74
1999	£102,992	£1,060	100
1998	£88,995	£976	76
1997	£77,960	£858	78
1996	£67,726	£766	81
1995	£66,915	£666	58

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£587,000		1
2021	£515,667	£4,443	3
2020	£523,566	£4,677	2
2019	£457,000	£5,078	1
2016	£326,000	£4,453	2
2015	£390,250	£3,720	4
2014	£330,000	£3,335	5
2013	£285,000	£3,851	1
2012	£222,000	£3,524	1
2011	£390,000	£3,242	1
2010	£292,500	£2,828	2
2007	£320,000		1
2006	£445,500	£3,432	2
2005	£345,000	£2,588	2
2004	£376,667	£2,781	3
2003	£270,000		1
2002	£227,000	£2,761	3
2001	£130,948	£1,325	2
1999	£131,667	£1,364	3
1998	£119,500	£1,423	2
1997	£91,665	£1,274	3
1995	£89,375	£788	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£355,588	£2,132	8
2022	£215,000		2
2021	£221,250	£3,635	4
2020	£1,503,224	£2,891	6
2019	£969,280	£2,683	9
2018	£305,600	£1,377	10
2017	£1,399,812	£4,795	8
2016	£790,271	£3,992	5
2015	£1,500,000		1
2014	£410,000		2

House Type in IG2 7NL area

The most common house types in the IG2 7NL postcode area are Flat (68), Terraced (51), and Semi-detached (37).

Total	176
Flat	68
Terraced	51
Semi-detached	37
Detached	13
Shared house	7
converted building	0
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 (52), and Social rented: Other social rented (44).

Private rented: Private landlord or letting agency	52
Social rented: Other social rented	44
Owned: Owns outright	32
Owned: Owns with a mortgage or loan	30
Social rented: Rents from council or Local Authority	13
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IG2 7NL have 1 person in household (51), and 4 people in household (41).

1 person in household	51
4 people in household	41
2 people in household	37
3 people in household	30
5 people in household	11
6 people in household	5
8 or more people in household	1
0 people in household	0
7 people in household	0