Housing Market Analysis for ELGIN ROAD, IG3 8LL

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £112,865 median price is £116,500 Standard Deviation is £59,477 with Total Sold: 76
    • The Last 5 Year average price is £218,841 with Total Sold: 6
    • The most recent sale happened at this postcode is FLAT 2, 38 ELGIN ROAD: £279,546 (Sold on 25 Jan 2023)
    • The first recorded sale happened at this postcode is FLAT 1, 43 ELGIN ROAD: £35,750 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £116,667 median price is £50,000 Standard Deviation is £94,281 with Total Sold: 3
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 40 ELGIN ROAD: £250,000 (Sold on 02 Nov 2022)
    • The first recorded sale happened at this postcode is 43 ELGIN ROAD: £50,000 (Sold on 26 Jan 2017)
  • Terraced
    • The average price is around £334,823 median price is £327,500 Standard Deviation is £211,071 with Total Sold: 24
    • The Last 5 Year average price is £729,375 with Total Sold: 4
    • The most recent sale happened at this postcode is 18 ELGIN ROAD: £775,000 (Sold on 08 Jul 2022)
    • The first recorded sale happened at this postcode is 42 ELGIN ROAD: £110,000 (Sold on 07 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8LL 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
2023£279,546 £3,937 1
2021£236,250 £6,079 2
2020£197,000 £4,805 1
2019£182,000 £4,759 2
2018£172,500 £4,728 2
2017£190,000 £4,634 1
2016£199,000 £5,378 1
2015£193,833 £3,707 3
2014£138,500 £3,543 2
2008£137,0001
2007£155,200 £3,348 5
2006£125,000 £3,611 3
2005£129,700 £2,729 5
2004£140,500 £2,985 10
2003£114,500 £3,628 4
2002£97,167 £2,329 6
2001£58,2502
2000£57,125 £1,387 4
1999£55,677 £1,251 7
1998£46,750 £909 4
1997£37,533 £882 6
1996£34,750 £1,006 2
1995£36,625 £1,067 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,0001
2017£50,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£775,000 £4,282 1
2021£714,167 £4,413 3
2014£410,000 £3,178 1
2013£394,500 £2,740 2
2012£420,000 £2,963 1
2010£327,500 £2,145 2
2007£395,0001
2005£318,665 £2,513 3
2002£245,0001
2000£231,500 £1,759 2
1999£96,5002
1998£120,562 £805 4
1997£110,0001

All the Sales in the ELGIN ROAD, IG3 8LL

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

AddressSold DatePrice% Change
FLAT 2, 38 ELGIN ROADFlat, LeaseholdArea: 71 Sq.mtrAge: 1900-192925 Jan 2023£279,546First Sale
40 ELGIN ROADOther, Freehold02 Nov 2022£250,000First Sale
18 ELGIN ROADTerraced, FreeholdArea: 181 Sq.mtrAge: 1930-194908 Jul 2022£775,000First Sale
28 ELGIN ROADTerraced, FreeholdArea: 162 Sq.mtrAge: 1900-192926 Nov 2021£692,500First Sale
31A ELGIN ROADFlat, LeaseholdArea: 43 Sq.mtrAge: 1900-192906 Oct 2021£252,500First Sale
22 ELGIN ROADTerraced, FreeholdArea: 157 Sq.mtrAge: before 190020 Sep 2021£735,00083.75%
13 Oct 2005£400,000First Sale
12 ELGIN ROADTerraced, FreeholdArea: 167 Sq.mtrAge: 1900-192914 Apr 2021£715,000476.61%
21 Aug 1998£124,000First Sale
51A ELGIN ROADFlat, LeaseholdArea: 35 Sq.mtrAge: 1900-192919 Mar 2021£220,00054.93%
09 Nov 2007£142,000240.12%
14 Jan 1999£41,7508.44%
12 Jan 1996£38,500First Sale
1C ELGIN ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1930-194926 Mar 2020£197,000496.97%
16 Apr 1998£33,0000.0
29 Oct 1997£33,000First Sale
FLAT 3, 43 ELGIN ROADFlat, LeaseholdArea: 35 Sq.mtrAge: 1900-192921 Jun 2019£198,00044.53%
14 Mar 2008£137,00011.38%
06 Feb 2006£123,000186.05%
07 Aug 1998£43,000First Sale
FLAT 5, 43 ELGIN ROADFlat, LeaseholdArea: 43 Sq.mtrAge: INVALID!24 Apr 2019£166,000First Sale
FLAT 2, 43 ELGIN ROADFlat, LeaseholdArea: 37 Sq.mtrAge: before 190010 Oct 2018£170,000-14.57%
18 Jul 2016£199,00010.56%
17 Dec 2015£180,000164.73%
06 Aug 1999£67,995First Sale
FLAT 4, 43 ELGIN ROADFlat, LeaseholdArea: 36 Sq.mtrAge: before 190021 Sep 2018£175,000First Sale
31B ELGIN ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1900-192924 Mar 2017£190,000First Sale
43 ELGIN ROADOther, Freehold26 Jan 2017£50,0000.0
26 Jan 2017£50,000First Sale
FIRST FLOOR FLAT, 31 ELGIN ROADFlat, LeaseholdArea: 67 Sq.mtrAge: 1900-192901 Sep 2015£222,50034.04%
25 Nov 2005£165,9955.06%
20 Dec 2004£158,000First Sale
1B ELGIN ROADFlat, LeaseholdArea: 61 Sq.mtrAge: 1930-194920 Feb 2015£179,00032.59%
22 Nov 2002£135,000First Sale
2 ELGIN ROADTerraced, FreeholdArea: 129 Sq.mtrAge: 1900-192927 Nov 2014£410,000First Sale
GROUND FLOOR FLAT, 31 ELGIN ROADFlat, LeaseholdArea: 45.12 Sq.mtrAge: 1930-194910 Jul 2014£142,00016.39%
09 Feb 2005£122,000105.04%
22 Sep 2000£59,500First Sale
13C ELGIN ROADFlat, LeaseholdArea: 34.27 Sq.mtrAge: before 190021 Jan 2014£135,000233.33%
15 Aug 1997£40,500First Sale
46 ELGIN ROADTerraced, FreeholdArea: 143 Sq.mtrAge: 1900-192910 Jun 2013£400,000First Sale
48 ELGIN ROADTerraced, FreeholdArea: 145 Sq.mtrAge: 1930-194921 Feb 2013£389,00052.55%
05 Sep 2000£255,000First Sale
35 ELGIN ROADTerraced, FreeholdArea: 141.75 Sq.mtrAge: 1930-194916 May 2012£420,000First Sale
33 ELGIN ROADTerraced, FreeholdArea: 165.14 Sq.mtrAge: before 190003 Nov 2010£290,000First Sale
10 ELGIN ROADTerraced, FreeholdArea: 144 Sq.mtrAge: before 190029 Jan 2010£365,000First Sale
FLAT 2, 47 ELGIN ROADFlat, Leasehold13 Jun 2007£183,000195.16%
28 May 1999£62,000First Sale
17 ELGIN ROADTerraced, Freehold24 May 2007£395,000First Sale
6B ELGIN ROADFlat, LeaseholdArea: 63 Sq.mtrAge: 1900-192903 Apr 2007£165,00012.24%
01 Apr 2004£147,000First Sale
50A ELGIN ROADFlat, LeaseholdArea: 38 Sq.mtrAge: 1930-194916 Mar 2007£128,000First Sale
FLAT 3, 40 ELGIN ROADFlat, Leasehold09 Mar 2007£158,000First Sale
50B ELGIN ROADFlat, LeaseholdArea: 36 Sq.mtrAge: 1900-192908 Mar 2006£130,00047.73%
21 Aug 2002£88,000109.52%
29 Sep 1997£42,00035.48%
21 Aug 1996£31,000First Sale
FLAT 2, 21 ELGIN ROADFlat, Leasehold19 Jan 2006£122,0006.09%
30 May 2002£115,000First Sale
6A ELGIN ROADFlat, LeaseholdArea: 44 Sq.mtrAge: 1900-192925 Nov 2005£132,50011.34%
07 Jan 2005£119,000First Sale
27B ELGIN ROADFlat, LeaseholdArea: 37 Sq.mtrAge: 1930-194911 Nov 2005£105,00072.13%
24 Aug 2000£61,000First Sale
11 ELGIN ROADTerraced, Freehold09 Jun 2005£390,000First Sale
44B ELGIN ROADFlat, LeaseholdArea: 71.1969 Sq.mtrAge: 1900-192931 Jan 2005£170,000First Sale
44A ELGIN ROADFlat, LeaseholdArea: 38.7 Sq.mtrAge: 1900-192923 Dec 2004£165,000First Sale
FLAT 2, 15 ELGIN ROADFlat, Leasehold04 Aug 2004£115,00053.33%
28 Feb 2002£75,000126.59%
30 Apr 1997£33,100First Sale
FLAT 3, 15 ELGIN ROADFlat, Leasehold04 Aug 2004£140,00047.37%
28 Feb 2002£95,000118.39%
04 Dec 1997£43,500First Sale
FLAT 1, 15 ELGIN ROADFlat, Leasehold30 Jul 2004£115,00053.33%
28 Feb 2002£75,000126.59%
30 Apr 1997£33,100First Sale
FLAT 1, 21 ELGIN ROADFlat, Leasehold26 Jul 2004£135,000136.84%
03 Apr 2001£57,000First Sale
FLAT 3, 21 ELGIN ROADFlat, Leasehold17 May 2004£155,000121.44%
21 Dec 1999£69,995First Sale
FLAT 3, 36 ELGIN ROADFlat, Leasehold07 May 2004£160,000First Sale
FLAT 2, 36 ELGIN ROADFlat, Leasehold07 May 2004£115,000First Sale
1A ELGIN ROADFlat, Leasehold27 Dec 2003£118,000First Sale
51B ELGIN ROADFlat, LeaseholdArea: 43 Sq.mtrAge: 1930-194928 Nov 2003£105,000128.26%
24 Oct 2000£46,000First Sale
27C ELGIN ROADFlat, LeaseholdArea: 27 Sq.mtrAge: 1900-192902 Oct 2003£130,000168.04%
05 Aug 1998£48,500First Sale
FLAT 1, 36 ELGIN ROADFlat, Leasehold06 Mar 2003£105,000First Sale
30 ELGIN ROADTerraced, Freehold18 Apr 2002£245,000First Sale
FLAT 3, 47 ELGIN ROADFlat, Leasehold14 May 2001£59,500First Sale
34 ELGIN ROADTerraced, Freehold15 Nov 2000£208,000First Sale
13B ELGIN ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1900-192902 Jun 2000£62,00051.22%
23 Jun 1999£41,000First Sale
14 ELGIN ROADTerraced, Freehold07 Sep 1999£125,000First Sale
13 ELGIN ROADTerraced, Freehold31 Aug 1999£68,000First Sale
13A ELGIN ROADFlat, LeaseholdArea: 64 Sq.mtrAge: 1930-194931 Aug 1999£68,000First Sale
FLAT 1, 47 ELGIN ROADFlat, LeaseholdArea: 35 Sq.mtrAge: 1900-192904 Jun 1999£39,000First Sale
20 ELGIN ROADTerraced, FreeholdArea: 157 Sq.mtrAge: 1900-192904 Sep 1998£136,250First Sale
4 ELGIN ROADTerraced, Freehold30 Jun 1998£117,000First Sale
29 ELGIN ROADTerraced, Freehold06 May 1998£105,000First Sale
50C ELGIN ROADFlat, Leasehold01 May 1998£62,500First Sale
42 ELGIN ROADTerraced, Freehold07 Jan 1997£110,000First Sale
FLAT 1, 43 ELGIN ROADFlat, LeaseholdArea: 34.34 Sq.mtrAge: 1900-192931 Jul 1995£37,5004.90%
24 Mar 1995£35,750First Sale

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

ELGIN ROAD, IG3 8LL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £223,966 median price is £206,000 Standard Deviation is £146,945 with Total Sold: 2,544
    • The Last 5 Year average price is £475,122 with Total Sold: 287
    • The most recent sale happened at this postcode is , 62 NORFOLK ROAD: £820,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 25 NORTH ROAD: £51,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £134,578 median price is £130,000 Standard Deviation is £79,086 with Total Sold: 1,109
    • The Last 5 Year average price is £242,989 with Total Sold: 97
    • 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)
  • Other
    • The average price is around £890,010 median price is £318,750 Standard Deviation is £1,440,713 with Total Sold: 60
    • The Last 5 Year average price is £920,221 with Total Sold: 34
    • The most recent sale happened at this postcode is , 508 HIGH ROAD: £5,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , CHESTER WAREHOUSE CHESTER ROAD: £190,000 (Sold on 30 Apr 2014)
  • Semi-Detached
    • The average price is around £257,360 median price is £240,000 Standard Deviation is £166,850 with Total Sold: 176
    • The Last 5 Year average price is £540,031 with Total Sold: 24
    • 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 , 52 CAMBRIDGE ROAD: £65,000 (Sold on 30 Mar 1995)
  • Detached
    • The average price is around £335,414 median price is £307,550 Standard Deviation is £235,369 with Total Sold: 22
    • The Last 5 Year average price is £706,875 with Total Sold: 4
    • The most recent sale happened at this postcode is , 1A CHARTER AVENUE: £700,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is , 78 ALDBOROUGH ROAD SOUTH: £113,000 (Sold on 14 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£512,350 £4,444 35
2023£507,666 £4,995 35
2022£505,357 £4,468 49
2021£458,269 £4,388 81
2020£437,765 £4,311 40
2019£452,479 £4,024 47
2018£426,523 £4,178 44
2017£418,110 £3,957 53
2016£406,033 £3,975 60
2015£369,991 £3,570 53
2014£309,056 £2,957 57
2013£271,215 £2,673 61
2012£259,413 £2,714 46
2011£241,910 £2,729 41
2010£269,633 £2,619 49
2009£240,631 £2,342 42
2008£268,039 £2,914 49
2007£275,331 £2,900 112
2006£262,373 £2,470 100
2005£238,661 £2,281 112
2004£229,892 £2,268 117
2003£208,693 £2,177 153
2002£170,122 £1,805 142
2001£137,938 £1,362 151
2000£121,475 £1,300 115
1999£94,888 £992 143
1998£85,683 £814 153
1997£75,948 £730 159
1996£65,876 £680 113
1995£62,592 £594 132
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£226,682 £4,364 11
2023£296,311 £4,307 13
2022£251,750 £5,106 16
2021£227,962 £4,863 26
2020£231,597 £4,997 14
2019£236,882 £4,457 17
2018£244,214 £4,696 14
2017£253,893 £4,489 28
2016£218,544 £4,406 34
2015£202,575 £3,718 20
2014£166,020 £3,450 25
2013£153,273 £2,967 22
2012£158,632 £2,629 10
2011£131,785 £2,584 14
2010£144,400 £2,741 5
2009£166,250 £2,707 10
2008£175,821 £3,130 21
2007£195,723 £3,680 110
2006£156,158 £3,207 53
2005£143,533 £2,869 55
2004£147,218 £2,615 64
2003£116,494 £2,483 56
2002£115,915 £2,310 131
2001£73,418 £1,486 59
2000£62,041 £1,291 66
1999£55,294 £1,110 45
1998£44,844 £948 44
1997£41,054 £839 51
1996£39,031 £843 32
1995£36,639 £785 43
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,2004
2023£135,250 £526 4
2022£1,597,823 £5,360 10
2021£1,601,667 £355 3
2020£961,938 £18,591 8
2019£334,2005
2018£181,450 £1,781 10
2017£1,009,260 £3,468 10
2016£2,387,5004
2015£466,0001
2014£190,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£437,5002
2023£625,594 £5,151 8
2022£547,286 £5,436 7
2021£554,500 £4,794 2
2020£360,000 £3,939 1
2019£445,250 £3,078 4
2018£495,000 £4,161 2
2017£502,583 £4,291 6
2016£405,000 £4,709 2
2015£417,500 £3,596 2
2014£317,000 £3,026 4
2013£276,667 £3,023 3
2012£260,667 £2,469 3
2011£300,000 £2,429 5
2010£314,998 £2,690 3
2009£279,667 £2,391 6
2008£338,0001
2007£336,111 £2,537 9
2006£266,299 £2,687 5
2005£271,999 £1,899 4
2004£261,198 £2,380 14
2003£208,450 £2,457 8
2002£181,399 £1,983 5
2001£161,375 £1,300 12
2000£116,999 £1,279 11
1999£122,068 £954 11
1998£103,429 £773 7
1997£87,083 £876 6
1996£76,444 £612 12
1995£85,205 £704 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£700,000 £6,731 1
2021£613,750 £5,489 2
2019£900,0001
2014£285,100 £2,523 1
2010£467,500 £3,888 2
2007£600,0001
2003£425,000 £2,891 1
2002£299,750 £2,245 4
2001£125,000 £1,562 1
2000£339,0001
1998£86,0001
1997£66,5002
1996£103,833 £630 3
1995£113,000 £459 1

House Type in IG3 8LL area

The most common house types in the IG3 8LL postcode area are Terraced (60), Shared house (57), and Flat (22).

Total171
Terraced60
Shared house57
Flat22
Semi-detached18
Detached10
converted building3
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (95), and Owned: Owns outright (38).

Private rented: Private landlord or letting agency95
Owned: Owns outright38
Owned: Owns with a mortgage or loan24
Social rented: Rents from council or Local Authority5
Social rented: Other social rented3
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG3 8LL have 1 person in household (48), and 3 people in household (33).

1 person in household48
3 people in household33
2 people in household27
4 people in household23
5 people in household17
6 people in household10
8 or more people in household8
7 people in household3
0 people in household0