Housing Market Analysis for OAKS LANE, IG2 7PY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £270,111 median price is £239,500 Standard Deviation is £126,987 with Total Sold: 18
- The Last 5 Year average price is £418,625 with Total Sold: 4
- The most recent sale happened at this postcode is 120 OAKS LANE: £392,000 (Sold on 22 Mar 2023)
- The first recorded sale happened at this postcode is 106 OAKS LANE: £92,000 (Sold on 07 Oct 1997)
Terraced
- The average price is around £262,723 median price is £249,999 Standard Deviation is £125,262 with Total Sold: 11
- The Last 5 Year average price is £548,000 with Total Sold: 1
- The most recent sale happened at this postcode is 164 OAKS LANE: £548,000 (Sold on 16 Apr 2021)
- The first recorded sale happened at this postcode is 174 OAKS LANE: £93,500 (Sold on 30 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IG2 7PY 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£392,000	£4,840	1
2022	£401,000	£4,951	1
2021	£466,500	£4,574	1
2020	£415,000	£3,807	1
2018	£450,000	£4,639	1
2017	£440,000	£5,000	1
2015	£330,000	£3,929	1
2013	£310,000	£3,163	1
2007	£264,000		1
2006	£182,500	£1,947	2
2005	£206,000	£1,962	1
2002	£185,000	£1,947	1
2001	£138,000		2
2000	£134,750	£1,372	2
1997	£92,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£548,000	£5,074	1
2015	£390,000	£4,588	1
2014	£310,000	£3,483	1
2011	£250,000	£2,887	2
2010	£247,500	£2,720	1
2008	£273,475	£2,543	2
2003	£179,000	£1,967	1
1998	£84,250	£748	2

All the Sales in the OAKS LANE, IG2 7PY

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

Address	Sold Date	Price	% Change
120 OAKS LANESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	22 Mar 2023	£392,000	-2.24%
	15 Nov 2022	£401,000	First Sale
172 OAKS LANESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1930-1949	23 Apr 2021	£466,500	116.98%
	20 Apr 2006	£215,000	First Sale
164 OAKS LANETerraced, FreeholdArea: 108 Sq.mtrAge: 1950-1966	16 Apr 2021	£548,000	84.51%
	07 Apr 2008	£297,000	First Sale
144 OAKS LANESemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1967-1975	28 Sep 2020	£415,000	First Sale
180 OAKS LANESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-1975	02 Mar 2018	£450,000	First Sale
136 OAKS LANESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	19 May 2017	£440,000	First Sale
126 OAKS LANETerraced, FreeholdArea: 85 Sq.mtrAge: 1930-1949	04 Sep 2015	£390,000	First Sale
170 OAKS LANESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	06 Jan 2015	£330,000	120.00%
	16 Jan 2006	£150,000	First Sale
128 OAKS LANETerraced, FreeholdArea: 89 Sq.mtrAge: 1930-1949	19 Sep 2014	£310,000	First Sale
146 OAKS LANESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-1949	20 Dec 2013	£310,000	130.48%
	12 May 2000	£134,500	First Sale
178 OAKS LANETerraced, FreeholdArea: 82.6 Sq.mtrAge: 1950-1966	30 Sep 2011	£249,999	0.02%
	18 Feb 2008	£249,950	First Sale
112 OAKS LANETerraced, FreeholdArea: 91 Sq.mtrAge: 1950-1966	08 Jul 2011	£250,000	1.01%
	05 Jan 2010	£247,500	38.27%
	27 Jun 2003	£179,000	First Sale
140 OAKS LANESemi-Detached, Freehold	26 Jun 2007	£264,000	95.56%
140 OAKS LANESemi-Detached, Freehold	13 Nov 2000	£135,000	First Sale
118 OAKS LANESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1967-1975	06 Jun 2005	£206,000	First Sale
156 OAKS LANESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	08 Nov 2002	£185,000	First Sale
116 OAKS LANESemi-Detached, Freehold	12 Nov 2001	£147,500	14.79%
116 OAKS LANESemi-Detached, Freehold	27 Jul 2001	£128,500	First Sale
150 OAKS LANETerraced, Freehold	13 Jul 1998	£75,000	First Sale
174 OAKS LANETerraced, FreeholdArea: 125 Sq.mtrAge: 1950-1966	30 Jan 1998	£93,500	First Sale
106 OAKS LANESemi-Detached, Freehold	07 Oct 1997	£92,000	First Sale

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

OAKS LANE, IG2 7PY Near By properties

Interactive Map

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

Terraced
- The average price is around £245,309 median price is £225,000 Standard Deviation is £138,218 with Total Sold: 729
- The Last 5 Year average price is £484,902 with Total Sold: 87
- 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 £253,318 median price is £235,250 Standard Deviation is £142,365 with Total Sold: 422
- The Last 5 Year average price is £484,079 with Total Sold: 60
- 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 £354,699 median price is £307,500 Standard Deviation is £155,030 with Total Sold: 30
- The Last 5 Year average price is £549,426 with Total Sold: 5
- The most recent sale happened at this postcode is , 3 BURYSIDE CLOSE: £500,000 (Sold on 21 Dec 2023)
- The first recorded sale happened at this postcode is , 211 OAKS LANE: £160,000 (Sold on 23 May 1995)
Flat
- The average price is around £151,630 median price is £145,000 Standard Deviation is £81,993 with Total Sold: 395
- The Last 5 Year average price is £266,959 with Total Sold: 37
- The most recent sale happened at this postcode is , 32 ST PETERS CLOSE: £220,000 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is , 55 ST PETERS CLOSE: £39,000 (Sold on 24 Feb 1995)
Other
- The average price is around £532,802 median price is £262,500 Standard Deviation is £620,669 with Total Sold: 22
- The Last 5 Year average price is £397,554 with Total Sold: 12
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£498,000		7
2023	£530,909	£5,304	11
2022	£524,385	£5,490	13
2021	£490,270	£5,119	25
2020	£441,928	£4,600	18
2019	£448,615	£4,893	13
2018	£441,829	£4,713	20
2017	£442,929	£5,033	14
2016	£385,633	£4,657	15
2015	£352,411	£4,125	28
2014	£326,350	£3,416	20
2013	£264,231	£3,213	13
2012	£274,223	£2,999	19
2011	£237,488	£3,025	13
2010	£270,333	£2,915	21
2009	£242,028	£2,719	16
2008	£271,652	£3,245	21
2007	£281,055	£3,301	27
2006	£244,830	£2,866	46
2005	£228,824	£2,492	33
2004	£216,763	£2,292	38
2003	£204,713	£2,305	38
2002	£164,936	£1,970	40
2001	£148,969	£1,964	52
2000	£130,978	£1,441	31
1999	£108,580	£1,083	31
1998	£96,853	£998	31
1997	£73,281	£937	26
1996	£68,120	£688	27
1995	£68,413	£730	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£502,500	£5,720	4
2023	£504,571	£5,826	7
2022	£530,000	£5,325	12
2021	£476,792	£4,544	12
2020	£449,154	£5,232	13
2019	£465,187	£4,627	12
2018	£426,667	£4,144	3
2017	£475,420	£4,572	8
2016	£436,917	£4,867	6
2015	£380,833	£3,706	18
2014	£329,182	£3,574	11
2013	£279,379	£3,246	17
2012	£266,944	£2,955	9
2011	£300,000	£3,168	8
2010	£270,499	£2,729	12
2009	£245,000	£2,799	8
2008	£298,500	£3,515	10
2007	£277,650	£3,041	20
2006	£236,065	£2,544	23
2005	£245,438	£2,534	8
2004	£227,041	£2,729	24
2003	£204,432	£2,085	22
2002	£197,058	£2,271	28
2001	£161,934	£1,367	23
2000	£128,448	£1,129	20
1999	£101,052	£993	25
1998	£98,590	£947	11
1997	£84,089	£791	14
1996	£73,182	£766	22
1995	£69,167	£761	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£500,000		1
2022	£660,000	£6,875	1
2021	£540,000	£3,600	1
2020	£523,566	£4,677	2
2018	£740,000	£3,915	1
2017	£485,000	£5,988	1
2016	£180,000		1
2015	£481,000		1
2014	£338,000	£4,072	1
2008	£320,000		1
2007	£507,498		2
2006	£285,000	£3,434	1
2004	£369,995		1
2003	£262,500	£2,328	2
2002	£275,606	£2,922	8
2001	£180,000		1
2000	£227,500		2
1999	£155,000	£1,174	1
1995	£160,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£222,571	£4,509	7
2022	£286,143	£5,339	7
2021	£275,857	£4,375	7
2020	£275,750	£4,996	8
2019	£272,438	£4,837	8
2018	£303,333	£4,369	3
2017	£261,088	£4,455	17
2016	£267,429	£4,776	21
2015	£221,079	£3,862	19
2014	£187,384	£3,252	13
2013	£149,015	£2,824	9
2012	£151,642	£2,730	7
2011	£164,000	£2,713	8
2010	£170,700	£3,413	5
2009	£145,000	£2,626	8
2008	£174,900	£3,012	10
2007	£170,939	£3,104	19
2006	£152,211	£2,661	22
2005	£150,350	£2,590	10
2004	£136,594	£2,512	16
2003	£141,129	£2,425	27
2002	£105,886	£1,845	24
2001	£86,244	£1,537	43
2000	£81,705	£1,311	19
1999	£63,229	£1,054	17
1998	£54,778	£983	9
1997	£47,479	£819	12
1996	£45,892	£822	9
1995	£44,494	£703	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£691,667		3
2022	£455,666	£3,255	2
2020	£287,799	£2,357	3
2019	£230,228	£4,365	4
2018	£311,833	£689	6
2017	£1,536,667	£13,306	3
2014	£470,000		1

House Type in IG2 7PY area

The most common house types in the IG2 7PY postcode area are Semi-detached (87), Terraced (25), and Detached (5).

Total	119
Semi-detached	87
Terraced	25
Detached	5
Flat	1
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (43), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan	43
Owned: Owns outright	38
Social rented: Rents from council or Local Authority	21
Private rented: Private landlord or letting agency	11
Private rented: Other private rented	5
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IG2 7PY have 2 people in household (26), and 4 people in household (24).

2 people in household	26
4 people in household	24
3 people in household	20
1 person in household	18
5 people in household	18
6 people in household	10
7 people in household	2
8 or more people in household	1
0 people in household	0