Housing Market Analysis for THE CLOSE, IG2 7RS

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £174,708 median price is £134,750 Standard Deviation is £115,299 with Total Sold: 12
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 THE CLOSE: £410,000 (Sold on 04 Mar 2022)
    • The first recorded sale happened at this postcode is 8 THE CLOSE: £78,000 (Sold on 23 Jun 1999)
  • Terraced
    • The average price is around £198,312 median price is £227,500 Standard Deviation is £65,869 with Total Sold: 8
    • The Last 5 Year average price is £286,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 THE CLOSE: £286,000 (Sold on 25 Nov 2020)
    • The first recorded sale happened at this postcode is 7 THE CLOSE: £60,000 (Sold on 30 Jul 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IG2 7RS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£410,000 £3,905 1
2019£395,000 £4,389 1
2006£230,000 £2,527 1
2005£215,000 £1,991 1
2003£185,000 £1,713 1
2002£147,000 £1,615 1
2001£122,500 £1,167 1
2000£102,000 £1,041 1
1999£72,500 £744 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£286,000 £3,178 1
2010£236,000 £2,682 1
2008£234,500 £2,577 1
2006£230,000 £2,614 1
2005£225,000 £2,557 1
2003£165,000 £1,875 1
2002£149,995 £1,648 1
1999£60,000 £682 1

All the Sales in the THE CLOSE, IG2 7RS

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

AddressSold DatePrice% Change
3 THE CLOSESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1950-196604 Mar 2022£410,000234.69%
20 Apr 2001£122,500104.17%
30 Jul 1999£60,000First Sale
1 THE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1950-196625 Nov 2020£286,000First Sale
10 THE CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-197503 Sep 2019£395,000First Sale
7 THE CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1983-199030 Sep 2010£236,0002.61%
13 Dec 2006£230,0002.22%
11 May 2005£225,00036.36%
27 Oct 2003£165,000175.00%
30 Jul 1999£60,000First Sale
5 THE CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197516 Sep 2008£234,50056.34%
29 May 2002£149,995First Sale
8 THE CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-196630 Jun 2006£230,00056.46%
28 Mar 2002£147,00079.27%
29 Nov 1999£82,0005.13%
23 Jun 1999£78,000First Sale
4 THE CLOSESemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1967-197526 May 2005£215,00016.22%
11 Apr 2003£185,000164.29%
25 Oct 1999£70,000First Sale
6 THE CLOSESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-196603 Nov 2000£102,000First Sale

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

THE CLOSE, IG2 7RS Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £257,670 median price is £245,000 Standard Deviation is £150,573 with Total Sold: 529
    • The Last 5 Year average price is £524,312 with Total Sold: 49
    • 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)
  • Terraced
    • The average price is around £239,246 median price is £228,500 Standard Deviation is £141,366 with Total Sold: 1,456
    • The Last 5 Year average price is £498,972 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)
  • Flat
    • The average price is around £175,951 median price is £181,000 Standard Deviation is £77,228 with Total Sold: 995
    • The Last 5 Year average price is £238,624 with Total Sold: 65
    • The most recent sale happened at this postcode is , 36 ROYAL CRESCENT: £130,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 43, PARKVIEW COURT, 54 BRANCASTER ROAD: £51,000 (Sold on 09 Feb 1995)
  • Other
    • The average price is around £651,514 median price is £313,750 Standard Deviation is £872,783 with Total Sold: 52
    • The Last 5 Year average price is £489,993 with Total Sold: 18
    • The most recent sale happened at this postcode is FLAT 39, PARKVIEW COURT, 54 BRANCASTER ROAD: £29,325 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , NETLEY HALL NETLEY ROAD: £470,000 (Sold on 19 Sep 2014)
  • Detached
    • The average price is around £341,068 median price is £340,000 Standard Deviation is £174,813 with Total Sold: 33
    • The Last 5 Year average price is £560,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 65 BRANCASTER ROAD: £640,000 (Sold on 26 Jun 2023)
    • The first recorded sale happened at this postcode is , 48 HERTFORD ROAD: £72,750 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£553,900 £6,319 5
2023£580,170 £5,391 10
2022£555,000 £4,783 9
2021£522,577 £4,613 13
2020£444,300 £4,854 12
2019£444,349 £4,832 15
2018£489,375 £5,340 4
2017£464,624 £4,292 15
2016£457,250 £4,531 10
2015£399,562 £3,650 16
2014£339,179 £3,639 14
2013£290,500 £3,210 14
2012£290,333 £2,781 12
2011£285,368 £2,771 19
2010£283,375 £2,705 12
2009£296,500 £2,794 8
2008£344,000 £3,395 11
2007£313,410 £3,138 28
2006£252,447 £2,430 28
2005£251,035 £2,723 14
2004£248,433 £2,480 30
2003£219,939 £2,562 33
2002£185,782 £2,195 23
2001£161,750 £1,375 22
2000£138,558 £1,157 25
1999£108,661 £938 34
1998£99,971 £900 21
1997£95,227 £819 18
1996£71,619 £679 33
1995£73,548 £681 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£444,7508
2023£547,056 £5,031 27
2022£523,862 £5,457 32
2021£481,557 £4,747 40
2020£467,862 £4,514 31
2019£466,342 £4,667 19
2018£430,508 £4,207 43
2017£439,864 £4,590 22
2016£389,333 £4,244 27
2015£371,191 £4,031 34
2014£345,638 £3,507 29
2013£273,229 £3,082 24
2012£280,888 £2,934 31
2011£258,500 £2,891 35
2010£268,276 £2,911 38
2009£233,329 £2,480 28
2008£259,445 £3,025 39
2007£285,447 £3,290 76
2006£246,023 £3,046 70
2005£236,723 £2,478 68
2004£239,469 £2,452 114
2003£215,912 £2,595 77
2002£180,608 £1,948 67
2001£144,599 £1,795 78
2000£127,816 £1,392 66
1999£101,945 £991 89
1998£86,480 £960 64
1997£78,214 £872 65
1996£65,642 £702 63
1995£68,082 £655 52
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,800 £4,583 5
2023£213,051 £3,855 19
2022£254,340 £4,490 15
2021£257,900 £4,435 15
2020£265,455 £4,536 11
2019£222,304 £4,005 28
2018£243,775 £4,528 20
2017£252,323 £4,296 35
2016£249,374 £4,510 50
2015£214,544 £3,401 45
2014£193,135 £3,617 37
2013£157,556 £2,548 29
2012£141,750 £2,584 12
2011£150,500 £3,017 9
2010£160,222 £3,031 18
2009£138,107 £2,586 14
2008£189,294 £3,261 29
2007£178,222 £3,198 54
2006£168,065 £3,231 33
2005£210,487 £3,702 89
2004£197,569 £3,681 204
2003£152,234 £2,659 32
2002£108,316 £1,953 30
2001£83,270 £1,537 42
2000£67,330 £1,264 30
1999£62,247 £1,017 20
1998£50,263 £970 26
1997£47,805 £920 20
1996£44,000 £734 12
1995£45,590 £844 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£351,152 £3,271 10
2022£420,0001
2021£297,500 £2,957 2
2020£858,669 £4,200 5
2019£999,614 £4,365 9
2018£307,600 £689 10
2017£866,667 £6,396 6
2016£830,908 £3,244 7
2015£1,500,0001
2014£470,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£640,000 £6,095 1
2021£500,000 £4,327 2
2020£600,000 £4,545 1
2017£540,0001
2016£420,000 £5,841 2
2015£390,333 £3,954 3
2014£461,667 £3,144 3
2013£575,000 £2,436 1
2011£390,000 £3,242 1
2010£292,500 £2,828 2
2008£340,0001
2006£391,000 £2,234 1
2005£220,000 £2,588 1
2004£380,000 £2,459 2
2003£235,000 £862 2
2002£227,333 £1,794 3
2001£145,000 £1,283 1
1999£140,000 £1,174 2
1997£93,000 £1,274 1
1995£74,125 £846 2

House Type in IG2 7RS area

The most common house types in the IG2 7RS postcode area are Terraced (52), Semi-detached (41), and Flat (16).

Total123
Terraced52
Semi-detached41
Flat16
commercial building7
Detached6
Shared house1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (42), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency42
Owned: Owns with a mortgage or loan40
Owned: Owns outright29
Social rented: Rents from council or Local Authority6
Private rented: Other private rented4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IG2 7RS have 3 people in household (31), and 4 people in household (31).

3 people in household31
4 people in household31
2 people in household23
1 person in household13
6 people in household10
5 people in household8
7 people in household4
8 or more people in household4
0 people in household0