Housing Market Analysis for VERNON ROAD, IG3 8DL

Are you looking to understand IG3 8DL 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 IG3 8DL area, explore the IG3 8DL Area information page.
For comprehensive crime statistics in the IG3 8DL area, explore the IG3 8DL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG3 8DL postcode area, The average prices are as follows,

Terraced
- The average price is around £227,003 median price is £227,500 Standard Deviation is £147,336 with Total Sold: 36
- The Last 5 Year average price is £442,262 with Total Sold: 8
- The most recent sale happened at this postcode is 54 VERNON ROAD: £500,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 66 VERNON ROAD: £370,000 (Sold on 19 Apr 2024)
Flat
- The average price is around £107,825 median price is £122,500 Standard Deviation is £53,790 with Total Sold: 6
- The most recent sale happened at this postcode is 46A VERNON ROAD: £190,000 (Sold on 01 Jun 2018)
- The first recorded sale happened at this postcode is 48 VERNON ROAD: £41,000 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8DL 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
2023	£540,000	£5,174	2
2022	£535,000	£5,297	1
2021	£475,000	£3,831	1
2020	£245,093	£1,945	1
2015	£325,000	£3,125	1
2014	£300,000	£1,923	1
2013	£250,000	£2,252	1
2006	£243,500	£1,878	2
2005	£240,000	£1,939	2
2004	£251,750	£2,169	4
2002	£201,750	£1,715	4
2024	£401,000	£4,461	3
1999	£99,500	£877	2
1998	£74,179	£698	3
1997	£59,332	£717	3
1996	£73,500	£693	2
1995	£77,167	£550	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£190,000	£4,318	1
2008	£120,000	£2,553	1
2006	£125,000	£2,660	1
2004	£133,950	£2,850	1
1997	£37,000	£787	1
1995	£41,000	£854	1

All the Sales in the VERNON ROAD, IG3 8DL

See the table below for more details on the sold house prices in the IG3 8DL, Redbridge postcode.

Address	Sold Date	Price	% Change
54 VERNON ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1930-1949	06 Oct 2023	£500,000	657.58%
	15 Nov 1996	£66,000	First Sale
14 VERNON ROADTerraced, FreeholdArea: 121 Sq.mtrAge: 1900-1929	15 May 2023	£580,000	First Sale
42 VERNON ROADTerraced, FreeholdArea: 101 Sq.mtrAge: 1900-1929	23 Sep 2022	£535,000	First Sale
64 VERNON ROADTerraced, FreeholdArea: 124 Sq.mtrAge: before 1900	02 Mar 2021	£475,000	486.42%
	22 Jan 1996	£81,000	First Sale
8 VERNON ROADTerraced, FreeholdArea: 126 Sq.mtrAge: 1900-1929	11 May 2020	£245,093	200.73%
	31 May 1995	£81,500	First Sale
46A VERNON ROADFlat, LeaseholdArea: 44 Sq.mtrAge: 1930-1949	01 Jun 2018	£190,000	First Sale
40 VERNON ROADTerraced, FreeholdArea: 104 Sq.mtrAge: 1900-1929	05 Mar 2015	£325,000	212.50%
	11 Jun 1999	£104,000	First Sale
82 VERNON ROADTerraced, FreeholdArea: 156 Sq.mtrAge: 1900-1929	04 Mar 2014	£300,000	20.00%
	11 Jan 2002	£250,000	212.50%
	24 Oct 1995	£80,000	First Sale
32 VERNON ROADTerraced, FreeholdArea: 111 Sq.mtrAge: 1900-1929	24 May 2013	£250,000	8.70%
	30 Sep 2005	£230,000	21.05%
	05 Aug 2002	£190,000	First Sale
48A VERNON ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1900-1929	12 Sep 2008	£120,000	-4.00%
	17 Jul 2006	£125,000	-6.68%
	17 Mar 2004	£133,950	262.03%
	17 Feb 1997	£37,000	-5.12%
	24 Jan 1997	£38,995	First Sale
4 VERNON ROADTerraced, FreeholdArea: 151 Sq.mtrAge: 1900-1929	16 Oct 2006	£240,000	First Sale
28 VERNON ROADTerraced, FreeholdArea: 114 Sq.mtrAge: 1930-1949	05 May 2006	£247,000	257.97%
	29 Apr 1997	£69,000	First Sale
22 VERNON ROADTerraced, FreeholdArea: 145 Sq.mtrAge: 1930-1949	10 Nov 2005	£250,000	216.46%
	14 Jan 1998	£79,000	First Sale
80 VERNON ROADTerraced, FreeholdArea: 95 Sq.mtrAge: 1930-1949	01 Oct 2004	£225,000	3.69%
	14 May 2004	£217,000	First Sale
36 VERNON ROADTerraced, FreeholdArea: 159 Sq.mtrAge: 1900-1929	18 Aug 2004	£295,000	First Sale
60 VERNON ROADTerraced, Freehold	06 Aug 2004	£270,000	First Sale
58 VERNON ROADTerraced, FreeholdArea: 106 Sq.mtrAge: 1930-1949	27 Aug 2002	£187,000	-53.25%
	20 Jun 2024	£400,000	First Sale
16 VERNON ROADTerraced, Freehold	24 May 2002	£180,000	First Sale
52 VERNON ROADTerraced, FreeholdArea: 126 Sq.mtrAge: 1900-1929	08 Jun 1999	£95,000	First Sale
24 VERNON ROADTerraced, Freehold	07 Dec 1998	£101,000	First Sale
6 VERNON ROADTerraced, FreeholdArea: 50 Sq.mtrAge: 1930-1949	20 Jul 1998	£42,536	First Sale
74 VERNON ROADTerraced, Freehold	22 Dec 1997	£70,000	First Sale
12 VERNON ROADTerraced, FreeholdArea: 120 Sq.mtrAge: 1900-1929	23 Jun 1995	£70,000	First Sale
48 VERNON ROADFlat, LeaseholdArea: 48 Sq.mtrAge: 1900-1929	24 Feb 1995	£41,000	First Sale
66 VERNON ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	19 Apr 2024	£433,000	17.03%
	19 Apr 2024	£370,000	First Sale

Check out the sold house prices near the IG3 8DL postcode. Properties currently for saleProperties currently for rent

VERNON ROAD, IG3 8DL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG3 8DL 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 IG3 8DL postcode.

Terraced
- The average price is around £224,486 median price is £210,000 Standard Deviation is £143,910 with Total Sold: 2,767
- The Last 5 Year average price is £469,380 with Total Sold: 311
- The most recent sale happened at this postcode is , 28 SALISBURY ROAD: £499,999 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 5 GUILDFORD ROAD: £58,000 (Sold on 05 Jan 1995)
Flat
- The average price is around £123,803 median price is £115,000 Standard Deviation is £75,973 with Total Sold: 808
- The Last 5 Year average price is £231,354 with Total Sold: 67
- The most recent sale happened at this postcode is FLAT 3, 44 CAMERON ROAD: £250,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 8 NORFOLK ROAD: £51,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £273,871 median price is £249,999 Standard Deviation is £169,697 with Total Sold: 285
- The Last 5 Year average price is £550,494 with Total Sold: 34
- The most recent sale happened at this postcode is , 9 SPENCER ROAD: £475,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 7 GOODMAYES AVENUE: £67,000 (Sold on 15 Jan 1995)
Other
- The average price is around £740,538 median price is £400,000 Standard Deviation is £1,021,103 with Total Sold: 60
- The Last 5 Year average price is £960,592 with Total Sold: 32
- The most recent sale happened at this postcode is , 323A GREEN LANE: £315,000 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is , CHESTER WAREHOUSE CHESTER ROAD: £190,000 (Sold on 30 Apr 2014)
Detached
- The average price is around £318,957 median price is £271,000 Standard Deviation is £181,857 with Total Sold: 56
- The Last 5 Year average price is £526,250 with Total Sold: 8
- The most recent sale happened at this postcode is , 60 BREAMORE ROAD: £645,000 (Sold on 15 Sep 2023)
- The first recorded sale happened at this postcode is , 52 BREAMORE ROAD: £127,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£494,426	£4,661	37
2023	£486,658	£5,046	43
2022	£499,240	£4,646	52
2021	£459,629	£4,601	93
2020	£442,847	£4,311	42
2019	£442,080	£3,941	44
2018	£435,039	£4,030	51
2017	£427,588	£3,969	66
2016	£403,291	£3,881	67
2015	£351,709	£3,477	60
2014	£321,441	£3,001	64
2013	£269,195	£2,624	67
2012	£249,526	£2,579	42
2011	£251,022	£2,622	46
2010	£250,503	£2,563	61
2009	£240,858	£2,405	44
2008	£264,707	£2,709	52
2007	£271,171	£2,936	121
2006	£256,696	£2,509	119
2005	£235,597	£2,311	119
2004	£229,614	£2,360	127
2003	£209,244	£2,218	163
2002	£171,411	£1,716	168
2001	£139,089	£1,368	158
2000	£121,062	£1,262	117
1999	£92,825	£986	140
1998	£84,913	£818	162
1997	£75,181	£756	172
1996	£64,732	£666	114
1995	£62,202	£587	156

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£276,667		3
2023	£244,727	£4,614	9
2022	£259,600	£4,926	10
2021	£229,205	£4,732	22
2020	£207,846	£4,058	12
2019	£212,318	£3,967	11
2018	£209,167	£4,590	9
2017	£258,707	£4,169	24
2016	£203,196	£3,909	27
2015	£190,577	£3,538	13
2014	£158,633	£3,321	15
2013	£141,458	£3,158	12
2012	£132,832	£2,353	10
2011	£149,909	£2,578	11
2010	£110,000		1
2009	£148,182	£2,767	11
2008	£185,970	£2,964	25
2007	£189,717	£3,286	58
2006	£150,894	£2,757	29
2005	£143,218	£2,735	39
2004	£145,299	£2,483	50
2003	£121,570	£2,302	49
2002	£91,058	£1,894	51
2001	£73,051	£1,488	47
2000	£62,370	£1,229	66
1999	£53,634	£1,033	41
1998	£45,764	£883	44
1997	£43,776	£822	44
1996	£39,096	£727	36
1995	£38,162	£738	29

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£497,500	£3,969	2
2023	£592,500	£4,938	6
2022	£561,429	£5,174	7
2021	£600,975	£5,892	8
2020	£482,250	£4,309	8
2019	£523,667	£4,033	3
2018	£475,709	£3,761	11
2017	£497,012	£4,247	8
2016	£470,681	£4,544	8
2015	£400,750	£3,499	4
2014	£355,571	£3,283	7
2013	£301,500	£2,662	2
2012	£343,333	£2,813	3
2011	£282,188	£2,361	8
2010	£313,750	£2,463	8
2009	£319,750	£2,611	4
2008	£327,500		2
2007	£309,000	£2,570	10
2006	£319,454	£2,193	11
2005	£279,212	£1,920	8
2004	£287,897	£2,351	18
2003	£253,625	£2,657	16
2002	£229,111	£2,002	18
2001	£182,125	£1,312	12
2000	£129,203	£1,300	16
1999	£118,264	£893	18
1998	£102,950	£807	12
1997	£103,883	£749	13
1996	£79,435	£657	17
1995	£83,294	£804	17

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,400		2
2023	£216,100	£4,879	5
2022	£1,597,823	£5,360	10
2021	£1,108,400	£5,269	6
2020	£764,429	£11,410	7
2019	£605,000		2
2018	£233,875	£2,511	8
2017	£383,835		10
2016	£916,000	£4,478	8
2015	£466,000		1
2014	£190,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£645,000	£3,564	1
2022	£622,500	£5,682	2
2021	£510,000	£5,352	2
2019	£433,333	£4,304	3
2018	£670,000	£5,726	1
2017	£700,000	£6,646	1
2016	£570,000	£3,631	1
2015	£410,000	£4,059	1
2014	£342,550	£3,060	2
2013	£235,000		1
2011	£270,000	£2,241	1
2010	£390,000	£4,378	3
2009	£297,000	£2,390	2
2007	£602,500	£2,904	4
2006	£242,000		1
2005	£332,500	£2,855	2
2004	£241,667	£1,741	3
2003	£263,500		2
2002	£305,333	£1,244	3
2001	£175,667	£1,430	3
2000	£177,667	£869	3
1999	£149,667	£1,501	3
1998	£132,500		1
1997	£105,667		3
1996	£139,000	£630	2
1995	£125,200	£735	5

House Type in IG3 8DL area

The most common house types in the IG3 8DL postcode area are Terraced (75), Shared house (23), and Semi-detached (17).

Total	137
Terraced	75
Shared house	23
Semi-detached	17
Flat	12
Detached	9
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (46), and Private rented: Private landlord or letting agency (46).

Owned: Owns outright	46
Private rented: Private landlord or letting agency	46
Owned: Owns with a mortgage or loan	32
Private rented: Other private rented	6
Social rented: Rents from council or Local Authority	5
Social rented: Other social rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IG3 8DL have 2 people in household (33), and 3 people in household (25).

2 people in household	33
3 people in household	25
1 person in household	24
4 people in household	17
6 people in household	16
5 people in household	12
7 people in household	9
0 people in household	0
8 or more people in household	0