Housing Market Analysis for MEDICI CLOSE, IG3 8FE

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

Overview of Sold House prices

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

Flat
- The average price is around £158,963 median price is £152,945 Standard Deviation is £34,973 with Total Sold: 61
- The Last 5 Year average price is £229,600 with Total Sold: 5
- The most recent sale happened at this postcode is 13, TUSCANY HOUSE MEDICI CLOSE: £270,000 (Sold on 10 Jul 2023)
- The first recorded sale happened at this postcode is 19, TUSCANY HOUSE MEDICI CLOSE: £203,000 (Sold on 07 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8FE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£270,000	£5,000	1
2021	£232,500	£5,081	2
2019	£210,000	£5,250	1
2016	£260,000	£4,068	2
2014	£187,000	£2,998	3
2013	£169,125	£2,844	4
2012	£125,000	£3,049	1
2009	£144,919	£2,792	46
2024	£203,000		1

All the Sales in the MEDICI CLOSE, IG3 8FE

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

Address	Sold Date	Price	% Change
13, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 2007 onwards	10 Jul 2023	£270,000	74.20%
	30 Jan 2009	£154,995	First Sale
12, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2007 onwards	16 Sep 2021	£255,000	59.38%
	28 Jan 2009	£160,000	First Sale
15, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 38 Sq.mtrAge: 2007 onwards	17 May 2021	£210,000	52.18%
	27 Mar 2009	£137,995	First Sale
20, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 40 Sq.mtrAge: 2007 onwards	29 May 2019	£210,000	59.09%
	30 Jan 2009	£132,000	First Sale
3, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 71 Sq.mtrAge: 2007 onwards	12 Oct 2016	£285,000	75.93%
	30 Jan 2009	£162,000	First Sale
36, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 57 Sq.mtrAge: 2007 onwards	04 Feb 2016	£235,000	48.74%
	14 Apr 2009	£157,995	First Sale
33, TUSCANY HOUSE MEDICI CLOSEFlat, Leasehold	28 Nov 2014	£165,000	26.92%
	06 May 2009	£130,000	4.00%
	30 Jan 2009	£125,000	First Sale
31, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 70 Sq.mtrAge: 1991-1995	03 Jun 2014	£212,000	32.50%
	28 Jan 2009	£159,995	First Sale
11, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 2007-2011	07 May 2014	£184,000	15.82%
	17 Mar 2009	£158,870	First Sale
2, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 2007 onwards	29 Nov 2013	£188,000	16.05%
	31 Mar 2009	£162,000	First Sale
7, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 45 Sq.mtrAge: 2007-2011	08 Nov 2013	£135,500	-3.21%
	31 Mar 2009	£139,995	First Sale
37, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 69 Sq.mtrAge: 2007 onwards	30 Aug 2013	£175,000	26.81%
	30 Jan 2009	£138,000	First Sale
6, TUSCANY HOUSE MEDICI CLOSEFlat, Leasehold	30 Jul 2013	£178,000	24.48%
6, TUSCANY HOUSE MEDICI CLOSEFlat, Leasehold	30 Jan 2009	£143,000	First Sale
9, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 2007-2011	27 Apr 2012	£125,000	-7.41%
	27 Oct 2009	£135,000	8.00%
	17 Mar 2009	£125,000	First Sale
22, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	26 Nov 2009	£170,000	31.94%
	30 Apr 2009	£128,846	First Sale
32, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 66 Sq.mtrAge: 2007 onwards	10 Nov 2009	£167,500	30.00%
	30 Jan 2009	£128,846	First Sale
23, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 45 Sq.mtrAge: 2007 onwards	02 Sep 2009	£134,000	7.20%
	30 Jan 2009	£125,000	First Sale
35, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 2007 onwards	02 Sep 2009	£164,000	27.28%
	30 Jan 2009	£128,846	First Sale
26, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-2006	08 May 2009	£132,500	6.00%
	30 Jan 2009	£125,000	First Sale
38, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 70 Sq.mtrAge: 2003-2006	22 Apr 2009	£164,995	First Sale
1, TUSCANY HOUSE MEDICI CLOSEFlat, Leasehold	15 Apr 2009	£155,000	First Sale
18, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 2007-2011	09 Apr 2009	£141,545	First Sale
28, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 2003-2006	01 Apr 2009	£137,995	First Sale
17, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	31 Mar 2009	£157,995	First Sale
8, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-2006	31 Mar 2009	£144,395	First Sale
30, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 51.1 Sq.mtrAge: 2007 onwards	31 Mar 2009	£149,995	First Sale
25, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 2007 onwards	31 Mar 2009	£148,000	First Sale
39, TUSCANY HOUSE MEDICI CLOSEFlat, Leasehold	17 Mar 2009	£138,000	First Sale
16, TUSCANY HOUSE MEDICI CLOSEFlat, Leasehold	06 Mar 2009	£158,000	First Sale
4, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	12 Feb 2009	£156,745	First Sale
21, TUSCANY HOUSE MEDICI CLOSEFlat, Leasehold	12 Feb 2009	£146,295	First Sale
5, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	12 Feb 2009	£152,945	First Sale
10, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 40 Sq.mtrAge: 2007 onwards	05 Feb 2009	£132,000	First Sale
34, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 43.22 Sq.mtrAge: 2007 onwards	30 Jan 2009	£134,995	First Sale
19, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 2007 onwards	30 Jan 2009	£129,995	-35.96%
	07 May 2024	£203,000	First Sale
40, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 75 Sq.mtrAge: 2007 onwards	30 Jan 2009	£160,000	First Sale
24, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 40 Sq.mtrAge: 2007 onwards	30 Jan 2009	£135,995	First Sale
27, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 2007-2011	30 Jan 2009	£158,995	First Sale
14, TUSCANY HOUSE MEDICI CLOSEFlat, LeaseholdArea: 42 Sq.mtrAge: 2007 onwards	28 Jan 2009	£135,995	First Sale

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

MEDICI CLOSE, IG3 8FE Near By properties

Interactive Map

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

Terraced
- The average price is around £233,947 median price is £230,000 Standard Deviation is £128,094 with Total Sold: 1,874
- The Last 5 Year average price is £448,272 with Total Sold: 200
- The most recent sale happened at this postcode is , 16 MANNIN ROAD: £555,000 (Sold on 31 Jul 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 £140,069 median price is £140,000 Standard Deviation is £66,998 with Total Sold: 1,159
- The Last 5 Year average price is £224,458 with Total Sold: 119
- 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)
Semi-Detached
- The average price is around £227,138 median price is £225,000 Standard Deviation is £125,684 with Total Sold: 344
- The Last 5 Year average price is £439,618 with Total Sold: 37
- The most recent sale happened at this postcode is , 182 BARLEY LANE: £355,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 198 BARLEY LANE: £50,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £291,539 median price is £266,250 Standard Deviation is £160,157 with Total Sold: 76
- The Last 5 Year average price is £548,333 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)
Other
- The average price is around £330,615 median price is £250,000 Standard Deviation is £300,997 with Total Sold: 13
- The Last 5 Year average price is £370,625 with Total Sold: 8
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£445,556	£6,388	9
2023	£489,488	£5,602	41
2022	£494,757	£5,409	37
2021	£427,704	£4,675	44
2020	£431,870	£4,596	27
2019	£399,762	£4,539	42
2018	£422,256	£4,371	39
2017	£407,800	£4,375	40
2016	£395,875	£4,257	44
2015	£322,845	£3,692	56
2014	£305,133	£3,298	45
2013	£286,565	£2,787	46
2012	£262,559	£2,887	37
2011	£267,921	£2,831	38
2010	£259,031	£2,717	48
2009	£249,832	£2,765	36
2008	£270,432	£2,881	44
2007	£261,608	£2,819	97
2006	£252,513	£2,555	114
2005	£235,411	£2,455	102
2004	£241,177	£2,497	131
2003	£206,936	£2,271	95
2002	£168,925	£1,936	97
2001	£134,318	£1,497	100
2000	£115,566	£1,309	80
1999	£102,400	£1,107	80
1998	£86,023	£1,030	73
1997	£78,515	£885	91
1996	£73,255	£739	71
1995	£72,018	£814	70

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,500	£4,620	9
2023	£230,376	£4,686	17
2022	£238,822	£4,471	25
2021	£213,753	£4,251	32
2020	£236,462	£5,106	13
2019	£216,870	£4,307	23
2018	£253,682	£4,636	22
2017	£233,039	£4,219	29
2016	£215,375	£4,245	30
2015	£187,469	£3,653	34
2014	£164,638	£3,119	44
2013	£148,765	£2,785	17
2012	£146,062	£3,286	11
2011	£133,987	£2,579	15
2010	£151,292	£2,792	12
2009	£149,156	£2,891	98
2008	£184,348	£3,199	33
2007	£162,994	£3,089	42
2006	£156,739	£3,054	58
2005	£170,248	£3,094	122
2004	£147,545	£3,050	74
2003	£115,666	£2,462	53
2002	£100,437	£1,974	48
2001	£70,313	£1,572	46
2000	£61,589	£1,325	64
1999	£53,066	£1,102	40
1998	£47,101	£1,033	32
1997	£48,313	£1,067	57
1996	£39,317	£820	32
1995	£42,766	£860	27

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£390,000		2
2023	£477,167	£5,386	6
2022	£465,857	£5,820	7
2021	£426,714	£5,165	7
2020	£447,206	£4,362	9
2019	£391,667	£4,632	6
2018	£404,357	£4,295	7
2017	£402,281	£4,247	8
2016	£379,368	£4,110	7
2015	£340,875	£3,347	8
2014	£329,444	£3,281	9
2013	£254,333	£2,587	3
2012	£246,393	£2,741	14
2011	£268,200	£2,741	10
2010	£240,400	£2,446	10
2009	£281,400	£2,290	5
2008	£285,556	£2,627	9
2007	£267,282	£2,539	14
2006	£241,500	£2,740	14
2005	£259,442	£2,356	18
2004	£232,000	£2,500	17
2003	£200,842	£2,351	19
2002	£174,615	£1,882	13
2001	£143,160	£1,531	25
2000	£117,059	£1,309	17
1999	£118,631	£1,384	12
1998	£94,857	£1,000	7
1997	£78,985	£835	15
1996	£72,112	£707	16
1995	£79,329	£873	30

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£432,500	£3,113	2
2023	£687,500	£5,268	2
2022	£550,000	£7,051	1
2021	£555,000	£4,799	5
2020	£480,000	£5,161	1
2019	£535,000	£5,844	1
2017	£465,000	£5,225	1
2015	£444,333	£3,883	3
2014	£383,000	£3,920	4
2013	£275,000	£3,004	1
2011	£307,125	£2,993	4
2010	£440,000	£2,993	1
2007	£313,333	£2,018	3
2006	£270,583	£3,066	6
2005	£295,000	£3,315	1
2004	£308,575	£2,391	6
2003	£209,000		1
2002	£280,214	£2,238	7
2001	£161,998		2
2000	£160,600	£1,699	5
1999	£172,000		1
1998	£122,498		2
1997	£136,833	£1,324	3
1996	£127,625	£1,088	4
1995	£106,444	£1,118	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£524,375	£870	4
2020	£2,500		1
2019	£288,333	£4,162	3
2018	£450,000	£4,945	1
2017	£9,000		2
2016	£432,500	£5,086	2

House Type in IG3 8FE area

The most common house types in the IG3 8FE postcode area are Flat (113), Detached (2), and commercial building (1).

Total	116
Flat	113
Detached	2
commercial building	1
Semi-detached	0
Terraced	0
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 (47), and Owned: Owns with a mortgage or loan (26).

Private rented: Private landlord or letting agency	47
Owned: Owns with a mortgage or loan	26
Social rented: Other social rented	25
Social rented: Rents from council or Local Authority	8
Owned: Owns outright	6
Private rented: Other private rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IG3 8FE have 2 people in household (33), and 3 people in household (29).

2 people in household	33
3 people in household	29
1 person in household	23
4 people in household	19
5 people in household	9
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0