Housing Market Analysis for MEDICI CLOSE, IG3 8FD

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £161,667 median price is £167,500 Standard Deviation is £12,134 with Total Sold: 6
    • The most recent sale happened at this postcode is 1, GLANCY HOUSE MEDICI CLOSE: £170,000 (Sold on 01 May 2015)
    • The first recorded sale happened at this postcode is 1, GLANCY HOUSE MEDICI CLOSE: £145,000 (Sold on 30 Jan 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8FD 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£170,000 £4,595 1
2013£175,0001
2009£156,250 £3,772 4

All the Sales in the MEDICI CLOSE, IG3 8FD

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

AddressSold DatePrice% Change
1, GLANCY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 37 Sq.mtrAge: 2007 onwards01 May 2015£170,00017.24%
30 Jan 2009£145,000First Sale
2, GLANCY HOUSE MEDICI CLOSEFlat, Leasehold11 Jan 2013£175,0006.06%
27 Mar 2009£165,000First Sale
4, GLANCY HOUSE MEDICI CLOSEFlat, Leasehold18 Mar 2009£170,000First Sale
3, GLANCY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 40 Sq.mtrAge: 2003-200630 Jan 2009£145,000First Sale

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

MEDICI CLOSE, IG3 8FD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £232,167 median price is £227,000 Standard Deviation is £129,537 with Total Sold: 1,881
    • The Last 5 Year average price is £447,052 with Total Sold: 198
    • The most recent sale happened at this postcode is , 121 GROVE ROAD: £312,500 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 HUXLEY DRIVE: £80,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £127,876 median price is £127,000 Standard Deviation is £70,094 with Total Sold: 1,037
    • The Last 5 Year average price is £226,449 with Total Sold: 107
    • The most recent sale happened at this postcode is , 94 MILLHAVEN CLOSE: £252,500 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 92 MILLHAVEN CLOSE: £40,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £304,969 median price is £285,000 Standard Deviation is £165,342 with Total Sold: 64
    • The Last 5 Year average price is £549,167 with Total Sold: 12
    • The most recent sale happened at this postcode is , 23 BEXLEY GARDENS: £535,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 19 REGENT GARDENS: £102,000 (Sold on 28 Feb 1995)
  • Semi-Detached
    • The average price is around £238,218 median price is £235,000 Standard Deviation is £123,005 with Total Sold: 286
    • The Last 5 Year average price is £441,664 with Total Sold: 29
    • The most recent sale happened at this postcode is , 150 BARLEY LANE: £425,000 (Sold on 09 Apr 2024)
    • The first recorded sale happened at this postcode is , 25 REGENT GARDENS: £98,495 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £423,412 median price is £375,000 Standard Deviation is £422,291 with Total Sold: 17
    • The Last 5 Year average price is £492,727 with Total Sold: 11
    • The most recent sale happened at this postcode is , COLOURCRAFT GROVE ROAD: £1,000,000 (Sold on 08 Dec 2023)
    • The first recorded sale happened at this postcode is , 59 PRIESTLEY GARDENS: £490,000 (Sold on 15 Jul 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£424,688 £6,388 8
2023£491,616 £5,539 39
2022£496,792 £5,375 36
2021£431,598 £4,657 46
2020£420,661 £4,732 28
2019£400,712 £4,489 41
2018£425,405 £4,378 42
2017£419,923 £4,624 39
2016£402,791 £4,250 43
2015£328,883 £3,664 57
2014£307,867 £3,356 45
2013£288,452 £2,805 42
2012£256,767 £2,847 40
2011£266,405 £2,851 37
2010£259,593 £2,696 48
2009£244,637 £2,752 38
2008£268,857 £2,775 42
2007£260,389 £2,852 99
2006£246,989 £2,591 102
2005£236,300 £2,430 90
2004£240,132 £2,532 134
2003£205,878 £2,294 103
2002£169,432 £1,951 99
2001£133,802 £1,487 102
2000£115,388 £1,343 85
1999£103,425 £1,081 85
1998£84,493 £1,015 81
1997£77,958 £861 92
1996£73,933 £736 73
1995£71,982 £771 65
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,111 £4,609 9
2023£215,223 £4,723 13
2022£258,262 £5,426 21
2021£215,693 £4,374 29
2020£236,308 £5,319 13
2019£214,886 £4,283 22
2018£253,900 £4,752 15
2017£230,571 £4,230 23
2016£212,587 £4,344 26
2015£181,558 £3,608 26
2014£159,400 £3,132 39
2013£146,338 £2,732 13
2012£146,062 £3,286 11
2011£126,233 £2,526 12
2010£153,708 £2,747 12
2009£149,156 £2,891 98
2008£182,413 £3,228 29
2007£163,735 £3,078 35
2006£140,328 £2,880 35
2005£152,053 £2,741 49
2004£134,785 £2,794 59
2003£113,414 £2,383 61
2002£98,342 £1,919 54
2001£70,162 £1,528 49
2000£62,423 £1,304 72
1999£53,636 £1,112 45
1998£46,043 £968 40
1997£47,731 £1,030 66
1996£39,489 £814 33
1995£39,677 £785 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£432,500 £3,113 2
2023£687,500 £5,268 2
2022£550,000 £7,051 1
2021£587,500 £4,843 4
2020£457,500 £4,269 2
2019£535,000 £5,844 1
2018£394,000 £3,456 1
2015£439,000 £3,776 2
2014£383,000 £3,920 4
2013£309,667 £2,713 3
2011£307,125 £2,993 4
2010£440,000 £2,993 1
2007£302,5002
2006£270,583 £3,066 6
2005£292,0001
2004£510,000 £2,308 1
2003£209,0001
2002£302,1995
2001£161,9982
2000£164,250 £1,737 4
1999£173,500 £1,301 2
1998£122,4982
1997£131,7502
1996£115,500 £916 3
1995£98,833 £975 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,0001
2023£485,600 £5,356 5
2022£480,333 £4,944 3
2021£392,857 £4,937 7
2020£450,475 £4,704 6
2019£437,343 £4,893 7
2018£399,375 £3,701 8
2017£403,042 £3,912 6
2016£406,815 £3,980 5
2015£354,250 £3,534 8
2014£343,624 £3,138 8
2013£262,571 £2,694 7
2012£246,357 £2,754 14
2011£265,700 £2,680 10
2010£241,812 £2,713 8
2009£277,833 £2,253 6
2008£280,600 £3,124 10
2007£278,912 £2,364 12
2006£241,333 £2,809 9
2005£245,468 £2,704 17
2004£238,611 £2,328 18
2003£200,249 £2,356 14
2002£180,850 £1,522 10
2001£148,250 £1,692 20
2000£124,250 £1,358 16
1999£125,398 £1,078 9
1998£105,667 £1,000 3
1997£78,378 £657 10
1996£67,017 £678 17
1995£68,325 £601 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£524,375 £870 4
2022£850,000 £4,696 1
2021£802,500 £69 2
2020£2,5001
2019£288,333 £4,162 3
2018£450,000 £4,945 1
2017£154,333 £4,198 3
2016£432,500 £5,086 2

House Type in IG3 8FD area

The most common house types in the IG3 8FD postcode area are Terraced (52), Detached (40), and Flat (12).

Total117
Terraced52
Detached40
Flat12
Semi-detached8
Shared house5
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright43
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency31
Social rented: Other social rented4
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IG3 8FD have 2 people in household (26), and 3 people in household (24).

2 people in household26
3 people in household24
4 people in household20
1 person in household18
5 people in household11
6 people in household10
7 people in household6
8 or more people in household2
0 people in household0