Housing Market Analysis for MEADS LANE, IG3 8NY

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

Overview of Sold House prices

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

Terraced
- The average price is around £231,205 median price is £183,500 Standard Deviation is £126,998 with Total Sold: 22
- The Last 5 Year average price is £455,000 with Total Sold: 4
- The most recent sale happened at this postcode is 172 MEADS LANE: £460,000 (Sold on 30 Sep 2021)
- The first recorded sale happened at this postcode is 174 MEADS LANE: £430,000 (Sold on 07 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8NY 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
2021	£460,000	£5,476	1
2018	£380,000	£3,276	1
2016	£272,000	£2,345	1
2010	£150,000		1
2008	£250,000	£2,717	1
2006	£228,500	£1,789	2
2005	£175,000		1
2004	£218,167	£2,482	3
2002	£156,500	£1,859	2
2000	£121,000	£1,396	3
1999	£88,750	£910	2
1996	£74,500	£876	1
2023	£465,000	£4,009	2
2024	£430,000		1

All the Sales in the MEADS LANE, IG3 8NY

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

Address	Sold Date	Price	% Change
172 MEADS LANETerraced, FreeholdArea: 84 Sq.mtrAge: 1930-1949	30 Sep 2021	£460,000	289.83%
	30 Nov 2000	£118,000	First Sale
198 MEADS LANETerraced, FreeholdArea: 116 Sq.mtrAge: 1930-1949	13 Nov 2018	£380,000	39.71%
	22 Jan 2016	£272,000	-41.51%
	18 Dec 2023	£465,000	0.0
	15 Dec 2023	£465,000	First Sale
178 MEADS LANETerraced, Freehold	10 Dec 2010	£150,000	First Sale
184 MEADS LANETerraced, FreeholdArea: 92 Sq.mtrAge: 1930-1949	08 Feb 2008	£250,000	46.20%
	04 Nov 2002	£171,000	First Sale
196 MEADS LANETerraced, FreeholdArea: 152 Sq.mtrAge: 1930-1949	03 Nov 2006	£272,000	First Sale
176 MEADS LANETerraced, Freehold	13 Feb 2006	£185,000	5.71%
176 MEADS LANETerraced, Freehold	15 Nov 2005	£175,000	First Sale
164 MEADS LANETerraced, FreeholdArea: 85 Sq.mtrAge: 1930-1949	26 Oct 2004	£242,500	225.50%
	20 Dec 1996	£74,500	First Sale
180 MEADS LANETerraced, Freehold	24 Sep 2004	£182,000	First Sale
168 MEADS LANETerraced, FreeholdArea: 109 Sq.mtrAge: 1900-1929	17 May 2004	£230,000	138.34%
	28 Oct 1999	£96,500	First Sale
192 MEADS LANETerraced, Freehold	14 Feb 2002	£142,000	First Sale
170 MEADS LANETerraced, FreeholdArea: 93 Sq.mtrAge: 1930-1949	08 Jun 2000	£129,000	First Sale
166 MEADS LANETerraced, Freehold	25 May 2000	£116,000	First Sale
194 MEADS LANETerraced, Freehold	29 Apr 1999	£81,000	First Sale
174 MEADS LANETerraced, Freehold	07 Jun 2024	£430,000	First Sale

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

MEADS LANE, IG3 8NY Near By properties

Interactive Map

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

Terraced
- The average price is around £238,792 median price is £229,000 Standard Deviation is £148,598 with Total Sold: 2,028
- The Last 5 Year average price is £487,194 with Total Sold: 234
- The most recent sale happened at this postcode is , 179 CHESTER ROAD: £575,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 8 BRANCASTER ROAD: £76,000 (Sold on 13 Jan 1995)
Flat
- The average price is around £120,520 median price is £110,000 Standard Deviation is £78,248 with Total Sold: 801
- The Last 5 Year average price is £225,804 with Total Sold: 87
- The most recent sale happened at this postcode is , 80A ALDBOROUGH ROAD SOUTH: £155,000 (Sold on 07 Jun 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 £258,870 median price is £245,000 Standard Deviation is £155,205 with Total Sold: 461
- The Last 5 Year average price is £530,481 with Total Sold: 54
- The most recent sale happened at this postcode is , 381 ALDBOROUGH ROAD SOUTH: £472,500 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 8 MITCHAM ROAD: £71,500 (Sold on 28 Feb 1995)
Other
- The average price is around £388,696 median price is £219,000 Standard Deviation is £556,533 with Total Sold: 23
- The Last 5 Year average price is £317,750 with Total Sold: 12
- The most recent sale happened at this postcode is , 94 ELGIN ROAD: £123,000 (Sold on 11 Jan 2024)
- The first recorded sale happened at this postcode is , 910 EASTERN AVENUE: £1,500,000 (Sold on 16 Feb 2015)
Detached
- The average price is around £310,605 median price is £285,000 Standard Deviation is £182,499 with Total Sold: 35
- The Last 5 Year average price is £670,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 65 BRANCASTER ROAD: £640,000 (Sold on 26 Jun 2023)
- The first recorded sale happened at this postcode is , 48 HERTFORD ROAD: £72,750 (Sold on 28 Apr 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£501,912	£4,185	20
2023	£551,885	£5,179	26
2022	£511,714	£4,968	49
2021	£478,132	£4,400	58
2020	£463,633	£4,407	30
2019	£449,051	£4,271	51
2018	£443,619	£4,174	40
2017	£428,155	£4,161	42
2016	£408,847	£4,058	49
2015	£382,848	£3,637	46
2014	£338,014	£3,254	49
2013	£286,920	£2,876	44
2012	£268,952	£2,720	41
2011	£254,301	£2,728	40
2010	£269,427	£2,763	48
2009	£240,129	£2,492	35
2008	£272,761	£2,849	48
2007	£290,655	£3,114	104
2006	£260,343	£2,465	89
2005	£244,023	£2,238	96
2004	£229,849	£2,246	117
2003	£210,701	£2,236	119
2002	£173,546	£1,905	102
2001	£141,272	£1,348	106
2000	£128,406	£1,259	91
1999	£95,976	£987	106
1998	£87,764	£806	95
1997	£79,113	£760	115
1996	£65,553	£662	78
1995	£66,007	£597	94

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,600		5
2023	£251,060	£3,573	17
2022	£239,257	£4,578	16
2021	£237,250	£5,155	20
2020	£220,196	£4,947	12
2019	£197,559	£3,904	17
2018	£200,000	£4,150	9
2017	£214,415	£3,875	20
2016	£198,633	£4,665	15
2015	£175,395	£3,242	19
2014	£150,348	£3,284	23
2013	£144,844	£2,703	16
2012	£139,750	£2,134	4
2011	£119,900	£2,580	10
2010	£124,428	£2,700	7
2009	£147,908	£2,429	11
2008	£165,536	£2,760	21
2007	£162,108	£3,207	46
2006	£141,435	£3,031	37
2005	£154,157	£2,808	43
2004	£139,024	£2,504	42
2003	£120,921	£2,509	38
2002	£94,397	£1,966	59
2001	£72,932	£1,501	56
2000	£62,777	£1,363	40
1999	£57,596	£1,111	44
1998	£47,028	£972	45
1997	£44,223	£879	46
1996	£39,300	£870	26
1995	£36,736	£821	37

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£537,375	£3,735	4
2023	£629,871	£5,630	12
2022	£573,000	£5,661	8
2021	£553,650	£4,529	10
2020	£475,371	£4,461	7
2019	£422,300	£4,700	13
2018	£446,100	£5,122	5
2017	£449,929	£4,023	14
2016	£450,340	£4,094	12
2015	£407,111	£3,507	9
2014	£327,953	£3,541	14
2013	£287,214	£3,298	14
2012	£277,500	£2,770	11
2011	£293,052	£2,484	19
2010	£283,388	£2,578	9
2009	£274,857	£2,680	7
2008	£343,500	£2,891	8
2007	£309,053	£2,760	27
2006	£260,975	£2,316	20
2005	£248,706	£2,903	17
2004	£249,444	£2,298	22
2003	£218,772	£2,055	22
2002	£200,635	£1,812	11
2001	£161,052	£1,637	29
2000	£134,808	£1,317	29
1999	£119,750	£985	25
1998	£96,056	£990	16
1997	£90,999	£796	19
1996	£72,721	£695	29
1995	£73,258	£588	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,000		1
2023	£225,000		2
2022	£250,000		1
2021	£290,000	£2,101	1
2020	£673,333	£133	3
2019	£170,000		4
2018	£164,750	£1,167	6
2017	£186,250	£3,468	2
2016	£1,133,000	£2,774	2
2015	£1,500,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£640,000	£6,095	1
2021	£700,000	£5,426	1
2018	£438,750	£5,168	2
2017	£540,000		1
2016	£660,000	£5,841	1
2015	£345,000	£3,954	2
2014	£487,500	£3,221	2
2013	£472,500	£2,436	2
2010	£329,817	£2,671	3
2008	£340,000		1
2005	£230,000		1
2004	£285,000	£1,993	1
2003	£266,667	£862	3
2002	£228,667	£1,794	3
2001	£162,500	£1,664	2
2000	£339,000		1
1999	£125,000		1
1997	£116,750	£1,274	2
1996	£117,498	£782	2
1995	£85,248	£653	3

House Type in IG3 8NY area

The most common house types in the IG3 8NY postcode area are Terraced (73), Semi-detached (29), and Detached (10).

Total	116
Terraced	73
Semi-detached	29
Detached	10
Shared house	2
Flat	1
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 with a mortgage or loan (48), and Owned: Owns outright (30).

Owned: Owns with a mortgage or loan	48
Owned: Owns outright	30
Private rented: Private landlord or letting agency	28
Private rented: Other private rented	8
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IG3 8NY have 4 people in household (31), and 3 people in household (25).

4 people in household	31
3 people in household	25
2 people in household	19
5 people in household	18
1 person in household	10
8 or more people in household	6
6 people in household	4
7 people in household	1
0 people in household	0