Housing Market Analysis for OAKS LANE, IG2 7PW

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

Overview of Sold House prices

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

Terraced
- The average price is around £259,999 median price is £250,000 Standard Deviation is £129,591 with Total Sold: 8
- The Last 5 Year average price is £525,000 with Total Sold: 1
- The most recent sale happened at this postcode is 58 OAKS LANE: £525,000 (Sold on 12 Dec 2022)
- The first recorded sale happened at this postcode is 54 OAKS LANE: £70,000 (Sold on 05 Jan 1996)
Semi-Detached
- The average price is around £239,996 median price is £235,000 Standard Deviation is £97,177 with Total Sold: 14
- The Last 5 Year average price is £402,000 with Total Sold: 1
- The most recent sale happened at this postcode is 72 OAKS LANE: £402,000 (Sold on 09 Oct 2020)
- The first recorded sale happened at this postcode is 62 OAKS LANE: £68,000 (Sold on 02 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG2 7PW 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
2022	£525,000	£4,817	1
2018	£370,000	£3,394	1
2012	£250,000	£2,990	1
2011	£250,000	£2,660	1
2006	£250,000	£2,294	1
2005	£225,000	£2,691	1
2000	£139,995	£1,284	1
1996	£70,000	£837	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£402,000	£4,729	1
2017	£420,000	£4,615	1
2015	£335,000	£1,831	1
2013	£275,000	£3,354	1
2012	£268,000	£2,372	1
2011	£275,000	£3,141	1
2009	£230,000	£2,724	1
2006	£240,000	£1,311	1
2004	£197,000	£2,345	1
2003	£215,000	£1,979	1
2002	£173,000		1
2001	£152,000		1
2000	£109,950	£1,325	1
1996	£68,000		1

All the Sales in the OAKS LANE, IG2 7PW

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

Address	Sold Date	Price	% Change
58 OAKS LANETerraced, FreeholdArea: 109 Sq.mtrAge: 1950-1966	12 Dec 2022	£525,000	41.89%
	28 Aug 2018	£370,000	48.00%
	06 Oct 2006	£250,000	78.58%
	10 Jul 2000	£139,995	First Sale
72 OAKS LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	09 Oct 2020	£402,000	First Sale
78 OAKS LANESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	16 Feb 2017	£420,000	First Sale
80 OAKS LANESemi-Detached, FreeholdArea: 183 Sq.mtrAge: 1950-1966	18 Dec 2015	£335,000	39.58%
	08 Dec 2006	£240,000	First Sale
68 OAKS LANESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	25 Oct 2013	£275,000	First Sale
74 OAKS LANESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1930-1949	18 Dec 2012	£268,000	24.65%
	31 Jan 2003	£215,000	First Sale
54 OAKS LANETerraced, FreeholdArea: 83.6 Sq.mtrAge: 1950-1966	23 Jan 2012	£250,000	11.11%
	31 May 2005	£225,000	221.43%
	05 Jan 1996	£70,000	First Sale
70 OAKS LANESemi-Detached, FreeholdArea: 87.54 Sq.mtrAge: 1930-1949	22 Jun 2011	£275,000	First Sale
56 OAKS LANETerraced, FreeholdArea: 94 Sq.mtrAge: 1967-1975	30 Mar 2011	£250,000	First Sale
66 OAKS LANESemi-Detached, FreeholdArea: 84.42 Sq.mtrAge: 1930-1949	09 Apr 2009	£230,000	16.75%
	23 Feb 2004	£197,000	First Sale
64 OAKS LANESemi-Detached, Freehold	13 Sep 2002	£173,000	13.82%
64 OAKS LANESemi-Detached, Freehold	27 Jul 2001	£152,000	First Sale
50 OAKS LANESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	01 Dec 2000	£109,950	First Sale
62 OAKS LANESemi-Detached, Freehold	02 Feb 1996	£68,000	First Sale

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

OAKS LANE, IG2 7PW Near By properties

Interactive Map

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

Flat
- The average price is around £170,121 median price is £174,995 Standard Deviation is £77,530 with Total Sold: 993
- The Last 5 Year average price is £263,745 with Total Sold: 76
- 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 , 17 ABBEY ROAD: £52,000 (Sold on 18 Jan 1995)
Terraced
- The average price is around £235,305 median price is £220,000 Standard Deviation is £138,771 with Total Sold: 1,247
- The Last 5 Year average price is £484,594 with Total Sold: 138
- 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)
Semi-Detached
- The average price is around £248,720 median price is £238,000 Standard Deviation is £139,077 with Total Sold: 475
- The Last 5 Year average price is £484,638 with Total Sold: 56
- The most recent sale happened at this postcode is , 57 LEYSWOOD DRIVE: £510,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 12 BRENDON GARDENS: £80,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £330,676 median price is £293,500 Standard Deviation is £148,845 with Total Sold: 44
- The Last 5 Year average price is £542,019 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 £616,748 median price is £335,000 Standard Deviation is £811,071 with Total Sold: 48
- The Last 5 Year average price is £607,198 with Total Sold: 23
- The most recent sale happened at this postcode is , 80 - 82 LEYSWOOD DRIVE: £120,000 (Sold on 31 Aug 2023)
- The first recorded sale happened at this postcode is , NETLEY HALL NETLEY ROAD: £470,000 (Sold on 19 Sep 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£231,250	£4,583	4
2023	£244,571	£4,719	14
2022	£284,092	£5,059	12
2021	£266,722	£4,261	18
2020	£279,000	£4,912	9
2019	£261,816	£4,632	19
2018	£258,500	£4,638	19
2017	£264,321	£4,508	33
2016	£260,969	£4,710	42
2015	£234,010	£3,772	49
2014	£198,973	£3,746	37
2013	£164,405	£2,782	25
2012	£149,423	£2,741	13
2011	£155,800	£2,896	15
2010	£169,031	£3,133	16
2009	£148,750	£2,751	12
2008	£190,314	£3,194	24
2007	£182,225	£3,253	57
2006	£164,503	£2,982	45
2005	£187,252	£3,337	50
2004	£200,161	£3,728	183
2003	£146,393	£2,623	47
2002	£102,008	£1,866	39
2001	£84,240	£1,536	56
2000	£73,390	£1,290	35
1999	£62,792	£1,036	32
1998	£49,735	£884	27
1997	£46,908	£856	26
1996	£41,825	£754	17
1995	£44,807	£808	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£494,100		10
2023	£536,690	£5,307	21
2022	£516,004	£5,529	24
2021	£472,372	£4,977	38
2020	£437,196	£4,473	24
2019	£468,357	£4,722	21
2018	£424,184	£4,349	33
2017	£412,192	£4,720	26
2016	£401,058	£4,419	26
2015	£352,047	£4,135	32
2014	£329,533	£3,477	30
2013	£260,944	£3,102	27
2012	£270,084	£2,945	27
2011	£252,055	£3,002	27
2010	£258,100	£2,849	40
2009	£230,290	£2,563	24
2008	£259,725	£2,969	34
2007	£277,603	£3,135	53
2006	£246,261	£3,017	66
2005	£226,504	£2,553	51
2004	£232,510	£2,388	85
2003	£207,297	£2,456	65
2002	£169,074	£1,959	50
2001	£142,154	£1,821	76
2000	£126,120	£1,451	49
1999	£101,210	£1,008	75
1998	£85,354	£982	67
1997	£74,495	£893	53
1996	£64,366	£706	54
1995	£64,272	£681	39

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£575,667	£6,319	3
2023	£515,400	£5,755	5
2022	£529,000	£5,133	11
2021	£485,125	£4,692	12
2020	£431,154	£4,985	13
2019	£465,853	£4,646	12
2018	£428,750	£5,009	4
2017	£466,036	£4,642	10
2016	£419,611	£4,687	9
2015	£386,824	£3,731	17
2014	£339,500	£3,791	13
2013	£282,455	£3,235	11
2012	£269,900	£2,960	10
2011	£275,094	£2,965	16
2010	£276,599	£2,812	10
2009	£270,333	£2,947	9
2008	£304,444	£3,883	9
2007	£291,400	£3,063	25
2006	£239,554	£2,454	28
2005	£251,115	£2,721	13
2004	£234,035	£2,688	28
2003	£217,569	£2,470	36
2002	£196,194	£2,243	29
2001	£150,636	£1,236	22
2000	£127,212	£1,149	21
1999	£98,638	£941	31
1998	£96,416	£888	12
1997	£84,767	£826	14
1996	£71,640	£847	25
1995	£70,853	£819	17

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£587,000		1
2023	£500,000		1
2022	£660,000	£6,875	1
2021	£500,000	£4,327	2
2020	£523,566	£4,677	2
2017	£512,500	£5,988	2
2016	£326,000	£4,453	2
2015	£390,250	£3,720	4
2014	£375,600	£3,459	5
2012	£222,000	£3,524	1
2010	£210,000	£2,922	1
2008	£320,000		1
2006	£285,000	£3,434	1
2005	£220,000	£2,588	1
2004	£369,995		1
2003	£263,333	£1,764	3
2002	£270,761	£2,877	9
2001	£180,000		1
1999	£140,000	£1,174	2
1997	£93,000	£1,274	1
1995	£116,375	£846	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£413,400	£3,004	8
2022	£418,166	£1,559	2
2021	£167,500	£2,373	2
2020	£222,625	£2,891	4
2019	£1,228,075	£4,365	7
2018	£307,600	£689	10
2017	£745,286	£5,175	7
2016	£895,892	£3,401	6
2015	£1,500,000		1
2014	£470,000		1

House Type in IG2 7PW area

The most common house types in the IG2 7PW postcode area are Semi-detached (59), Terraced (54), and Flat (18).

Total	137
Semi-detached	59
Terraced	54
Flat	18
Detached	5
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	44
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	37
Social rented: Rents from council or Local Authority	7
Social rented: Other social rented	4
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IG2 7PW have 4 people in household (35), and 3 people in household (29).

4 people in household	35
3 people in household	29
2 people in household	26
1 person in household	19
5 people in household	14
6 people in household	8
7 people in household	3
8 or more people in household	3
0 people in household	0