Housing Market Analysis for SPEARPOINT GARDENS, IG2 7SZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £286,954 median price is £256,000 Standard Deviation is £149,381 with Total Sold: 22
- The Last 5 Year average price is £522,500 with Total Sold: 1
- The most recent sale happened at this postcode is 62 SPEARPOINT GARDENS: £522,500 (Sold on 05 Feb 2021)
- The first recorded sale happened at this postcode is 60 SPEARPOINT GARDENS: £54,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £339,975 median price is £339,975 Standard Deviation is £90,025 with Total Sold: 2
- The Last 5 Year average price is £430,000 with Total Sold: 1
- The most recent sale happened at this postcode is 51 SPEARPOINT GARDENS: £430,000 (Sold on 26 Jun 2020)
- The first recorded sale happened at this postcode is 43 SPEARPOINT GARDENS: £249,950 (Sold on 21 Jan 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average IG2 7SZ 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
2021	£522,500	£4,878	1
2019	£485,000	£5,511	1
2017	£476,000	£5,451	3
2016	£447,500	£5,629	2
2015	£405,000		1
2012	£273,000	£2,549	1
2010	£250,000	£3,165	1
2008	£302,500	£4,031	1
2005	£262,000	£2,259	1
2004	£199,000	£1,983	3
2003	£206,000		1
2002	£158,748	£1,813	2
1998	£123,000		2
1995	£61,750	£823	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£430,000	£5,181	1
2013	£249,950	£2,873	1

All the Sales in the SPEARPOINT GARDENS, IG2 7SZ

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

Address	Sold Date	Price	% Change
62 SPEARPOINT GARDENSTerraced, FreeholdArea: 107.12 Sq.mtrAge: 1930-1949	05 Feb 2021	£522,500	91.39%
	20 Dec 2012	£273,000	First Sale
51 SPEARPOINT GARDENSSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	26 Jun 2020	£430,000	First Sale
52 SPEARPOINT GARDENSTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	18 Jan 2019	£485,000	182.80%
	16 May 2002	£171,500	First Sale
61 SPEARPOINT GARDENSTerraced, FreeholdArea: 87 Sq.mtrAge: 1930-1949	30 Oct 2017	£505,000	First Sale
60 SPEARPOINT GARDENSTerraced, FreeholdArea: 75.04 Sq.mtrAge: 1930-1949	30 Jun 2017	£483,000	59.67%
	14 Mar 2008	£302,500	335.25%
	31 Mar 1995	£69,500	28.70%
	10 Feb 1995	£54,000	First Sale
48 SPEARPOINT GARDENSTerraced, FreeholdArea: 107 Sq.mtrAge: 1950-1966	17 Feb 2017	£440,000	First Sale
57 SPEARPOINT GARDENSTerraced, FreeholdArea: 80 Sq.mtrAge: 1930-1949	20 Dec 2016	£450,000	117.39%
	19 Mar 2004	£207,000	First Sale
47 SPEARPOINT GARDENSTerraced, FreeholdArea: 79 Sq.mtrAge: 1930-1949	10 May 2016	£445,000	78.00%
	12 Nov 2010	£250,000	First Sale
45 SPEARPOINT GARDENSTerraced, Freehold	14 Oct 2015	£405,000	213.95%
45 SPEARPOINT GARDENSTerraced, Freehold	28 Aug 1998	£129,000	First Sale
43 SPEARPOINT GARDENSSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	21 Jan 2013	£249,950	First Sale
55 SPEARPOINT GARDENSTerraced, FreeholdArea: 116 Sq.mtrAge: 1950-1966	19 Jan 2005	£262,000	24.76%
	15 Apr 2004	£210,000	16.67%
	14 Apr 2004	£180,000	First Sale
53 SPEARPOINT GARDENSTerraced, Freehold	19 May 2003	£206,000	First Sale
49 SPEARPOINT GARDENSTerraced, FreeholdArea: 87 Sq.mtrAge: 1930-1949	08 Jan 2002	£145,995	First Sale
65 SPEARPOINT GARDENSTerraced, Freehold	21 Aug 1998	£117,000	First Sale

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

SPEARPOINT GARDENS, IG2 7SZ Near By properties

Interactive Map

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

Terraced
- The average price is around £243,827 median price is £230,000 Standard Deviation is £139,521 with Total Sold: 763
- The Last 5 Year average price is £481,407 with Total Sold: 79
- The most recent sale happened at this postcode is , 5 ROY GARDENS: £570,000 (Sold on 28 Jun 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 £262,983 median price is £247,000 Standard Deviation is £143,112 with Total Sold: 211
- The Last 5 Year average price is £487,000 with Total Sold: 26
- The most recent sale happened at this postcode is , 1184 EASTERN AVENUE: £585,000 (Sold on 04 Jun 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 £337,550 median price is £294,450 Standard Deviation is £145,645 with Total Sold: 34
- The Last 5 Year average price is £580,600 with Total Sold: 4
- 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 £138,765 median price is £140,000 Standard Deviation is £69,080 with Total Sold: 364
- The Last 5 Year average price is £237,000 with Total Sold: 22
- 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 £269,883 median price is £328,750 Standard Deviation is £120,476 with Total Sold: 10
- The Last 5 Year average price is £300,958 with Total Sold: 4
- 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 , 986 EASTERN AVENUE: £40,000 (Sold on 27 May 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£525,714		7
2023	£524,769	£5,597	13
2022	£499,535	£5,525	15
2021	£484,874	£5,253	27
2020	£408,500	£4,915	17
2019	£420,865	£4,580	17
2018	£385,008	£4,348	9
2017	£433,760	£5,056	25
2016	£426,190	£4,921	21
2015	£364,400	£3,975	30
2014	£325,453	£3,504	19
2013	£265,125	£3,120	16
2012	£280,537	£2,668	20
2011	£264,530	£2,939	15
2010	£255,411	£3,047	17
2009	£238,375	£2,397	20
2008	£279,762	£3,048	17
2007	£271,113	£2,988	31
2006	£253,158	£2,623	38
2005	£226,969	£2,591	26
2004	£218,956	£2,642	34
2003	£214,976	£2,252	40
2002	£169,902	£1,915	57
2001	£145,271	£1,592	35
2000	£128,835	£1,383	32
1999	£102,707	£1,124	44
1998	£90,456	£996	40
1997	£76,495	£839	23
1996	£69,198	£748	29
1995	£69,976	£755	29

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£547,500		2
2023	£475,250	£5,079	2
2022	£539,833	£5,218	6
2021	£487,438	£4,918	8
2020	£434,750	£5,554	8
2019	£461,357	£4,616	7
2018	£404,000	£4,791	3
2017	£461,250	£3,945	4
2016	£436,300	£4,873	5
2015	£425,500	£3,836	6
2014	£301,400	£3,933	5
2013	£273,086	£3,254	11
2012	£245,667	£3,118	3
2011	£310,750	£3,272	6
2010	£250,000	£3,247	1
2009	£235,417	£2,693	6
2008	£290,000	£4,729	5
2007	£283,564	£1,152	7
2006	£247,400	£2,711	10
2005	£270,750	£2,433	6
2004	£230,545	£3,190	11
2003	£215,181	£2,326	11
2002	£219,125	£2,954	13
2001	£175,399	£1,397	15
2000	£149,550	£1,513	10
1999	£103,000	£1,078	10
1998	£92,500	£960	2
1997	£97,833	£816	12
1996	£78,682	£937	11
1995	£73,100	£547	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£540,000	£4,874	2
2022	£660,000	£6,875	1
2020	£582,400	£4,659	1
2018	£740,000	£3,915	1
2017	£485,000	£5,988	1
2015	£315,555	£4,207	1
2014	£338,000	£4,072	1
2008	£320,000		1
2007	£433,332	£2,457	3
2006	£285,000	£3,434	1
2005	£281,300	£2,586	3
2004	£302,498		2
2003	£262,500	£2,328	2
2002	£274,983	£2,885	9
2001	£180,000		1
2000	£194,000		3
1995	£160,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£220,682	£4,525	11
2022	£265,000	£5,471	2
2021	£276,667	£5,045	3
2020	£237,750	£4,700	6
2019	£239,333	£4,490	6
2018	£273,875	£4,821	4
2017	£255,433	£4,066	15
2016	£238,500	£4,488	10
2015	£197,611	£3,782	22
2014	£193,050	£3,638	10
2013	£137,821	£2,727	14
2012	£146,750	£2,813	11
2011	£143,750	£2,800	8
2010	£152,583	£3,426	6
2009	£149,999	£2,704	7
2008	£169,583	£3,367	6
2007	£175,598	£3,115	22
2006	£148,147	£2,666	18
2005	£148,833	£2,542	9
2004	£141,632	£2,738	19
2003	£131,810	£2,470	21
2002	£102,925	£1,917	23
2001	£81,007	£1,578	20
2000	£78,794	£1,326	17
1999	£63,423	£1,107	15
1998	£54,992	£937	20
1997	£51,497	£873	19
1996	£45,552	£842	10
1995	£45,325	£811	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£262,500	£3,844	3
2022	£416,331	£1,559	1
2019	£175,000	£1,989	1
2018	£365,000		2
2017	£275,000	£5,746	2
2016	£40,000	£1,000	1

House Type in IG2 7SZ area

The most common house types in the IG2 7SZ postcode area are Flat (78), Terraced (41), and Semi-detached (15).

Total	140
Flat	78
Terraced	41
Semi-detached	15
Detached	4
commercial building	2
Shared house	0
converted 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 (48), and Owned: Owns outright (36).

Private rented: Private landlord or letting agency	48
Owned: Owns outright	36
Owned: Owns with a mortgage or loan	35
Private rented: Other private rented	11
Social rented: Rents from council or Local Authority	10
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 7SZ have 1 person in household (44), and 2 people in household (37).

1 person in household	44
2 people in household	37
3 people in household	24
4 people in household	18
5 people in household	10
6 people in household	3
7 people in household	3
8 or more people in household	1
0 people in household	0