Housing Market Analysis for TORBITT WAY, IG2 7TA

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

Overview of Sold House prices

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

Terraced
- The average price is around £176,728 median price is £158,000 Standard Deviation is £100,696 with Total Sold: 35
- The Last 5 Year average price is £348,250 with Total Sold: 4
- The most recent sale happened at this postcode is 27 TORBITT WAY: £380,000 (Sold on 28 Feb 2022)
- The first recorded sale happened at this postcode is 11 TORBITT WAY: £355,000 (Sold on 03 Nov 2023)
Flat
- The average price is around £157,162 median price is £150,000 Standard Deviation is £64,059 with Total Sold: 17
- The Last 5 Year average price is £291,000 with Total Sold: 2
- The most recent sale happened at this postcode is 25 TORBITT WAY: £342,000 (Sold on 25 Nov 2020)
- The first recorded sale happened at this postcode is 1 TORBITT WAY: £36,250 (Sold on 17 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG2 7TA 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	£380,000	£6,230	1
2020	£320,000	£5,321	1
2019	£338,000	£5,541	1
2018	£335,000	£5,583	1
2017	£345,000	£5,750	1
2016	£350,000	£5,932	1
2015	£250,000	£4,167	1
2011	£213,000	£3,569	1
2010	£199,995	£3,226	1
2009	£180,000	£2,951	1
2008	£235,000	£3,983	1
2007	£155,000	£4,320	1
2006	£186,000	£3,117	1
2005	£184,000	£3,016	1
2004	£162,333	£2,913	3
2003	£109,000	£2,019	2
2002	£140,165	£2,299	6
2001	£128,500		1
2000	£106,500	£1,746	1
1999	£79,000	£1,295	1
1998	£79,000	£1,295	1
1997	£64,500	£1,093	1
1996	£39,000	£576	4
2023	£355,000	£5,917	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£291,000	£5,948	2
2015	£188,000	£4,700	1
2013	£150,000	£3,505	2
2008	£140,000	£3,500	1
2007	£166,500	£3,477	5
2004	£141,000	£3,181	3
2001	£85,000	£1,771	2
1997	£36,250		1

All the Sales in the TORBITT WAY, IG2 7TA

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

Address	Sold Date	Price	% Change
27 TORBITT WAYTerraced, FreeholdArea: 61 Sq.mtrAge: 1991-1995	28 Feb 2022	£380,000	12.43%
	18 Jan 2019	£338,000	87.78%
	27 Mar 2009	£180,000	20.00%
	15 Nov 2002	£149,995	89.87%
	14 Nov 1998	£79,000	First Sale
25 TORBITT WAYFlat, FreeholdArea: 58 Sq.mtrAge: 1950-1966	25 Nov 2020	£342,000	74.94%
25 TORBITT WAYFlat, FreeholdArea: 58 Sq.mtrAge: 1950-1966	28 Feb 2007	£195,500	First Sale
14 TORBITT WAYTerraced, FreeholdArea: 60.14 Sq.mtrAge: 1991-1995	04 Sep 2020	£320,000	First Sale
9 TORBITT WAYFlat, LeaseholdArea: 40 Sq.mtrAge: 1983-1990	22 Jan 2020	£240,000	27.66%
	03 Jul 2015	£188,000	25.33%
	25 Apr 2013	£150,000	7.14%
	31 Oct 2008	£140,000	-12.50%
	07 Dec 2007	£160,000	11.11%
	25 Oct 2004	£144,000	First Sale
30 TORBITT WAYTerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	26 Nov 2018	£335,000	First Sale
10 TORBITT WAYTerraced, FreeholdArea: 60 Sq.mtrAge: 1991-1995	06 Mar 2017	£345,000	First Sale
19 TORBITT WAYTerraced, FreeholdArea: 59 Sq.mtrAge: 1991-1995	13 May 2016	£350,000	48.94%
	23 Jun 2008	£235,000	74.07%
	05 Apr 2002	£135,000	109.30%
	14 Feb 1997	£64,500	First Sale
15 TORBITT WAYTerraced, FreeholdArea: 60 Sq.mtrAge: 1930-1949	18 May 2015	£250,000	First Sale
8 TORBITT WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-1995	25 Apr 2013	£150,000	-6.25%
	07 Dec 2007	£160,000	11.11%
	25 Oct 2004	£144,000	First Sale
29 TORBITT WAYTerraced, FreeholdArea: 59.68 Sq.mtrAge: 1991-1995	07 Feb 2011	£213,000	14.52%
	14 Jun 2006	£186,000	First Sale
20 TORBITT WAYTerraced, FreeholdArea: 62 Sq.mtrAge: 1967-1975	29 Oct 2010	£199,995	First Sale
24 TORBITT WAYFlat, LeaseholdArea: 49 Sq.mtrAge: 1991-1995	11 Sep 2007	£155,000	First Sale
23 TORBITT WAYTerraced, FreeholdArea: 35.88 Sq.mtrAge: 1983-1990	11 Sep 2007	£155,000	First Sale
7 TORBITT WAYFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	15 Feb 2007	£162,000	20.00%
	25 Jun 2004	£135,000	210.34%
	24 Jul 1996	£43,500	First Sale
13 TORBITT WAYTerraced, FreeholdArea: 61 Sq.mtrAge: 1983-1990	16 Nov 2005	£184,000	13.23%
	29 Nov 2002	£162,500	31.58%
	06 Mar 2002	£123,500	15.96%
	09 Nov 2000	£106,500	34.81%
	07 May 1999	£79,000	243.48%
	29 Apr 1996	£23,000	First Sale
6 TORBITT WAYTerraced, FreeholdArea: 49 Sq.mtrAge: 1991-1995	25 Jun 2004	£135,000	First Sale
16 TORBITT WAYTerraced, Freehold	07 Apr 2004	£177,000	First Sale
5 TORBITT WAYTerraced, FreeholdArea: 57 Sq.mtrAge: 1991-1995	26 Mar 2004	£175,000	First Sale
26 TORBITT WAYTerraced, FreeholdArea: 52 Sq.mtrAge: 1996-2002	16 Apr 2003	£158,000	First Sale
11 TORBITT WAYTerraced, LeaseholdArea: 60 Sq.mtrAge: 1991-1995	04 Apr 2003	£60,000	-83.10%
	03 Nov 2023	£355,000	First Sale
18 TORBITT WAYTerraced, FreeholdArea: 68 Sq.mtrAge: 1983-1990	14 Nov 2002	£139,995	First Sale
28 TORBITT WAYTerraced, Freehold	11 Jan 2002	£130,000	First Sale
21 TORBITT WAYFlat, LeaseholdArea: 48 Sq.mtrAge: 1996-2002	31 Oct 2001	£85,000	First Sale
22 TORBITT WAYFlat, Freehold	31 Oct 2001	£85,000	First Sale
17 TORBITT WAYTerraced, Freehold	05 Oct 2001	£128,500	102.36%
17 TORBITT WAYTerraced, Freehold	13 Nov 1996	£63,500	First Sale
1 TORBITT WAYFlat, Leasehold	17 Nov 1997	£36,250	First Sale
2 TORBITT WAYTerraced, LeaseholdArea: 58.42 Sq.mtrAge: 1991-1995	16 Aug 1996	£26,000	First Sale

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

TORBITT WAY, IG2 7TA Near By properties

Interactive Map

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

Terraced
- The average price is around £246,120 median price is £232,500 Standard Deviation is £139,852 with Total Sold: 1,101
- The Last 5 Year average price is £478,482 with Total Sold: 135
- The most recent sale happened at this postcode is , 68 HERTFORD ROAD: £600,000 (Sold on 31 Jul 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 £252,937 median price is £239,500 Standard Deviation is £143,205 with Total Sold: 420
- The Last 5 Year average price is £478,818 with Total Sold: 59
- 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 £339,839 median price is £295,000 Standard Deviation is £168,183 with Total Sold: 29
- The Last 5 Year average price is £580,000 with Total Sold: 2
- 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 £141,445 median price is £145,000 Standard Deviation is £72,341 with Total Sold: 401
- The Last 5 Year average price is £255,848 with Total Sold: 29
- The most recent sale happened at this postcode is 31, SUFFOLK COURT SUFFOLK ROAD: £290,000 (Sold on 03 Nov 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 £592,325 median price is £350,000 Standard Deviation is £624,116 with Total Sold: 21
- The Last 5 Year average price is £405,883 with Total Sold: 10
- 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 , 23 WESSEX CLOSE: £1,825,000 (Sold on 12 Feb 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£508,111		9
2023	£528,895	£5,403	19
2022	£515,334	£5,355	27
2021	£477,974	£5,004	35
2020	£424,009	£4,792	24
2019	£435,890	£4,664	21
2018	£430,527	£4,317	21
2017	£438,597	£4,882	31
2016	£406,656	£4,587	32
2015	£358,412	£3,954	34
2014	£331,022	£3,441	27
2013	£269,053	£3,056	19
2012	£281,646	£2,843	29
2011	£266,498	£2,958	25
2010	£270,569	£3,029	29
2009	£240,623	£2,419	28
2008	£266,873	£3,024	28
2007	£280,978	£2,927	47
2006	£248,351	£2,831	58
2005	£228,396	£2,502	46
2004	£224,330	£2,482	53
2003	£215,132	£2,258	52
2002	£173,154	£1,889	69
2001	£146,354	£1,586	53
2000	£132,545	£1,341	50
1999	£102,206	£1,037	66
1998	£90,134	£984	61
1997	£78,485	£841	33
1996	£69,059	£722	38
1995	£71,021	£756	37

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£556,900	£6,319	5
2023	£502,400	£5,787	5
2022	£526,000	£5,033	9
2021	£471,654	£4,636	13
2020	£442,500	£5,221	12
2019	£451,883	£4,802	15
2018	£403,000	£4,214	4
2017	£472,036	£4,669	10
2016	£428,786	£4,895	7
2015	£391,615	£3,568	13
2014	£328,792	£3,848	12
2013	£274,291	£3,171	17
2012	£257,667	£2,959	6
2011	£293,625	£3,034	12
2010	£274,285	£2,705	7
2009	£255,050	£2,722	10
2008	£305,625	£4,262	8
2007	£294,998	£2,583	20
2006	£244,136	£2,485	22
2005	£251,192	£2,657	13
2004	£227,000	£2,763	18
2003	£214,500	£2,218	19
2002	£198,370	£2,316	26
2001	£163,384	£1,280	26
2000	£133,617	£1,213	21
1999	£104,875	£973	32
1998	£97,400	£879	10
1997	£88,806	£769	15
1996	£74,500	£790	21
1995	£69,083	£630	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£500,000		1
2022	£660,000	£6,875	1
2018	£740,000	£3,915	1
2017	£512,500	£5,988	2
2014	£509,000	£3,502	2
2008	£320,000		1
2007	£507,498		2
2006	£285,000	£3,434	1
2004	£302,498		2
2003	£241,667	£1,840	3
2002	£280,693	£2,922	7
2001	£180,000		1
2000	£194,000		3
1995	£117,750		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£227,500	£4,618	10
2022	£290,368	£4,747	3
2021	£283,357	£4,483	7
2020	£250,750	£4,998	4
2019	£257,400	£4,490	5
2018	£250,917	£4,389	6
2017	£253,367	£3,990	18
2016	£237,500	£4,155	8
2015	£201,498	£3,759	23
2014	£189,893	£3,430	14
2013	£154,542	£2,761	15
2012	£155,200	£2,683	10
2011	£148,375	£2,811	8
2010	£159,500	£3,598	5
2009	£154,999	£2,720	6
2008	£176,818	£3,126	11
2007	£171,728	£2,981	27
2006	£151,407	£2,644	20
2005	£155,250	£2,450	8
2004	£142,739	£2,610	23
2003	£137,080	£2,264	25
2002	£105,814	£1,887	20
2001	£79,529	£1,444	22
2000	£80,008	£1,332	19
1999	£62,367	£1,046	20
1998	£50,402	£851	22
1997	£50,192	£836	18
1996	£41,335	£770	12
1995	£46,062	£788	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£456,071	£3,844	7
2022	£416,331	£1,559	1
2019	£225,000	£3,177	2
2018	£338,750	£1,553	4
2017	£1,032,000	£8,266	5
2016	£932,500	£1,000	2

House Type in IG2 7TA area

The most common house types in the IG2 7TA postcode area are Terraced (58), Semi-detached (38), and Flat (14).

Total	121
Terraced	58
Semi-detached	38
Flat	14
Detached	11
Shared house	0
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 with a mortgage or loan (45), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan	45
Owned: Owns outright	39
Private rented: Private landlord or letting agency	26
Shared ownership: Shared ownership	6
Social rented: Rents from council or Local Authority	5
Does not apply	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IG2 7TA have 2 people in household (29), and 4 people in household (25).

2 people in household	29
4 people in household	25
3 people in household	24
1 person in household	17
5 people in household	16
6 people in household	8
7 people in household	2
8 or more people in household	2
0 people in household	0