Housing Market Analysis for LEY STREET, IG2 7RD

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

Overview of Sold House prices

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

Flat
- The average price is around £187,792 median price is £153,498 Standard Deviation is £199,373 with Total Sold: 42
- The Last 5 Year average price is £465,800 with Total Sold: 5
- The most recent sale happened at this postcode is 607 LEY STREET: £1,420,000 (Sold on 28 Nov 2023)
- The first recorded sale happened at this postcode is 559 LEY STREET: £96,666 (Sold on 21 Dec 2001)
Semi-Detached
- The average price is around £290,000 median price is £290,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 621 LEY STREET: £290,000 (Sold on 16 Feb 2015)
- The first recorded sale happened at this postcode is 621 LEY STREET: £290,000 (Sold on 16 Feb 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average IG2 7RD 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
2023	£515,500	£9,923	4
2019	£267,000	£5,347	1
2016	£270,000	£5,625	1
2015	£223,333	£3,778	3
2014	£240,000	£4,286	1
2007	£184,500	£3,458	4
2006	£175,500	£3,079	2
2005	£158,000	£2,632	2
2004	£162,000	£2,624	3
2003	£157,250	£2,397	2
2002	£119,074	£1,969	15
2001	£96,666	£1,626	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£290,000	£3,372	1

All the Sales in the LEY STREET, IG2 7RD

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

Address	Sold Date	Price	% Change
607 LEY STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 2003-2006	28 Nov 2023	£1,420,000	900.00%
	28 Nov 2023	£142,000	-12.62%
	30 Jan 2004	£162,500	16.07%
	20 Sep 2002	£140,000	First Sale
611 LEY STREETFlat, LeaseholdArea: 60.58173 Sq.mtrAge: 2003-2006	06 Oct 2023	£250,000	0.0
	06 Oct 2023	£250,000	52.91%
	20 Apr 2004	£163,500	39.15%
	27 Sep 2002	£117,500	First Sale
559 LEY STREETFlat, LeaseholdArea: 49.93 Sq.mtrAge: 1996-2002	02 Apr 2019	£267,000	385.45%
	30 Aug 2002	£55,000	-43.10%
	21 Dec 2001	£96,666	First Sale
561 LEY STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-2006	11 Mar 2016	£270,000	179.31%
561 LEY STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-2006	21 Dec 2001	£96,666	First Sale
597 LEY STREETFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-2002	17 Apr 2015	£240,000	25.00%
	07 Dec 2007	£192,000	60.00%
	09 Oct 2002	£120,000	First Sale
609 LEY STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	10 Mar 2015	£190,000	48.44%
609 LEY STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	20 Sep 2002	£128,000	First Sale
621 LEY STREETSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	16 Feb 2015	£290,000	First Sale
595 LEY STREETFlat, LeaseholdArea: 66 Sq.mtrAge: 1996-2002	13 Feb 2015	£240,000	50.94%
	27 Sep 2005	£159,000	32.50%
	27 Sep 2002	£120,000	First Sale
599 LEY STREETFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	24 Oct 2014	£240,000	40.35%
	30 Jan 2006	£171,000	28.57%
	06 Sep 2002	£133,000	First Sale
613 LEY STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 1996-2002	12 Jun 2007	£190,000	9.20%
	09 Mar 2007	£174,000	16.39%
	17 Jun 2003	£149,500	30.00%
	27 Sep 2002	£115,000	First Sale
603 LEY STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 1983-1990	19 Jan 2007	£182,000	42.19%
603 LEY STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 1983-1990	20 Sep 2002	£128,000	First Sale
569 LEY STREETFlat, LeaseholdArea: 58 Sq.mtrAge: 1996-2002	19 May 2006	£180,000	First Sale
593 LEY STREETFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-2002	24 Jun 2005	£157,000	30.83%
593 LEY STREETFlat, LeaseholdArea: 55 Sq.mtrAge: 1996-2002	09 Oct 2002	£120,000	First Sale
591 LEY STREETFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-2002	27 Oct 2004	£160,000	23.55%
591 LEY STREETFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-2002	06 Sep 2002	£129,500	First Sale
605 LEY STREETFlat, LeaseholdArea: 76 Sq.mtrAge: 1996-2002	07 Jul 2003	£165,000	10.00%
	28 Oct 2002	£149,995	17.18%
	23 Sep 2002	£128,000	First Sale
601 LEY STREETFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	06 Sep 2002	£139,615	First Sale
565 LEY STREETFlat, LeaseholdArea: 58 Sq.mtrAge: 1996-2002	21 Jun 2002	£62,500	First Sale
567 LEY STREETFlat, Leasehold	21 Dec 2001	£96,666	First Sale
563 LEY STREETFlat, LeaseholdArea: 56 Sq.mtrAge: 1996-2002	21 Dec 2001	£96,666	First Sale

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

LEY STREET, IG2 7RD Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £297,391 median price is £275,000 Standard Deviation is £161,458 with Total Sold: 196
- The Last 5 Year average price is £565,068 with Total Sold: 19
- 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 , 208 WARDS ROAD: £74,000 (Sold on 23 Mar 1995)
Terraced
- The average price is around £242,004 median price is £230,000 Standard Deviation is £143,037 with Total Sold: 2,293
- The Last 5 Year average price is £493,173 with Total Sold: 245
- The most recent sale happened at this postcode is , 29 CLIFTON ROAD: £540,000 (Sold on 04 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 £164,955 median price is £166,250 Standard Deviation is £83,178 with Total Sold: 1,016
- The Last 5 Year average price is £250,027 with Total Sold: 91
- 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 , 756A EASTERN AVENUE: £31,000 (Sold on 06 Jan 1995)
Other
- The average price is around £920,221 median price is £425,000 Standard Deviation is £1,382,037 with Total Sold: 31
- The Last 5 Year average price is £803,314 with Total Sold: 17
- The most recent sale happened at this postcode is , 617 - 631 EASTERN AVENUE: £745,000 (Sold on 25 Apr 2024)
- 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 £347,480 median price is £375,000 Standard Deviation is £195,111 with Total Sold: 25
- The Last 5 Year average price is £792,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 1A CHARTER AVENUE: £700,000 (Sold on 10 Feb 2023)
- The first recorded sale happened at this postcode is , 147 WARDS ROAD: £83,500 (Sold on 06 Jun 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£570,000		1
2023	£581,232	£4,537	3
2022	£546,667	£5,100	6
2021	£601,000	£4,758	5
2020	£498,800	£4,815	2
2019	£570,000	£3,999	2
2018	£539,375	£5,393	4
2017	£467,889	£4,091	9
2016	£510,643	£4,446	7
2015	£433,750	£3,120	4
2014	£351,000	£2,913	4
2013	£348,333	£3,287	3
2012	£334,750	£2,959	10
2011	£351,374	£2,632	4
2010	£250,333	£2,298	6
2009	£399,000	£2,539	1
2008	£346,000	£2,908	14
2007	£312,333	£3,153	12
2006	£303,766	£2,390	15
2005	£271,375	£2,245	4
2004	£255,187	£2,303	12
2003	£224,333	£2,571	3
2002	£185,749	£1,437	8
2001	£183,250	£1,259	12
2000	£157,454	£1,046	11
1999	£111,437	£861	8
1998	£97,906	£804	9
1997	£109,937	£785	8
1996	£85,125	£735	4
1995	£78,500	£698	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£576,882	£6,026	17
2023	£538,065	£5,523	31
2022	£541,280	£5,518	41
2021	£474,464	£4,735	76
2020	£447,371	£4,469	31
2019	£453,473	£4,443	49
2018	£466,138	£4,660	47
2017	£463,907	£4,714	35
2016	£433,558	£4,407	63
2015	£394,356	£3,895	66
2014	£336,654	£3,481	65
2013	£286,990	£3,015	52
2012	£282,412	£3,062	40
2011	£269,150	£2,878	43
2010	£263,237	£2,773	57
2009	£239,564	£2,591	42
2008	£278,398	£2,667	49
2007	£279,743	£2,956	109
2006	£247,807	£2,463	122
2005	£237,324	£2,462	90
2004	£236,733	£2,481	122
2003	£217,018	£2,132	114
2002	£186,039	£1,911	135
2001	£149,502	£1,612	164
2000	£129,897	£1,297	107
1999	£107,193	£969	125
1998	£91,579	£873	108
1997	£82,478	£771	101
1996	£69,165	£646	109
1995	£70,138	£683	83

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£161,571	£3,528	7
2023	£304,341	£5,624	22
2022	£261,676	£4,700	17
2021	£236,706	£4,821	17
2020	£227,067	£4,523	15
2019	£234,423	£4,243	13
2018	£253,924	£5,172	21
2017	£250,293	£4,627	28
2016	£220,504	£4,520	38
2015	£185,750	£3,718	38
2014	£200,224	£3,801	29
2013	£162,100	£2,900	25
2012	£146,250	£2,781	8
2011	£146,679	£3,048	14
2010	£165,088	£3,043	17
2009	£141,885	£2,877	13
2008	£178,168	£3,179	33
2007	£171,163	£3,273	52
2006	£171,256	£3,369	47
2005	£201,470	£3,774	89
2004	£198,733	£3,776	183
2003	£131,949	£2,470	40
2002	£106,767	£2,057	61
2001	£77,511	£1,593	34
2000	£63,757	£1,356	32
1999	£57,159	£1,081	22
1998	£50,489	£1,099	28
1997	£44,627	£941	27
1996	£42,371	£900	26
1995	£37,888	£803	20

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£745,000		1
2023	£175,000	£3,804	1
2022	£520,000	£18,750	3
2021	£368,750	£6,158	4
2020	£2,712,115		3
2019	£313,000		5
2018	£523,500	£4,842	2
2017	£1,427,312	£2,854	8
2016	£1,750,000		1
2015	£277,500		2
2013	£100,000	£2,857	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£700,000	£6,731	1
2020	£885,000	£7,705	1
2017	£526,000	£4,383	1
2016	£380,000	£5,026	3
2015	£630,000	£4,701	1
2014	£397,500	£3,170	2
2011	£395,000	£4,090	2
2010	£375,000	£2,733	1
2006	£391,000	£2,234	1
2004	£336,665	£1,917	3
2003	£272,500	£1,693	1
2002	£162,000		1
2001	£145,000	£901	1
2000	£135,000	£894	1
1999	£176,833	£1,455	3
1998	£116,500	£724	1
1997	£83,500		1

House Type in IG2 7RD area

The most common house types in the IG2 7RD postcode area are Terraced (51), Flat (44), and Semi-detached (25).

Total	132
Terraced	51
Flat	44
Semi-detached	25
Detached	10
Shared house	2
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 (50), and Owned: Owns outright (33).

Private rented: Private landlord or letting agency	50
Owned: Owns outright	33
Owned: Owns with a mortgage or loan	33
Social rented: Other social rented	8
Social rented: Rents from council or Local Authority	3
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 7RD have 6 people in household (27), and 2 people in household (25).

6 people in household	27
2 people in household	25
4 people in household	24
3 people in household	20
1 person in household	17
5 people in household	16
7 people in household	2
8 or more people in household	2
0 people in household	0