Housing Market Analysis for MERTON ROAD, IG3 8PB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £246,749 median price is £249,995 Standard Deviation is £141,828 with Total Sold: 14
- The Last 5 Year average price is £500,000 with Total Sold: 2
- The most recent sale happened at this postcode is 15 MERTON ROAD: £500,000 (Sold on 05 Oct 2022)
- The first recorded sale happened at this postcode is 30 MERTON ROAD: £500,000 (Sold on 17 Sep 2024)
Terraced
- The average price is around £255,773 median price is £242,000 Standard Deviation is £124,184 with Total Sold: 11
- The most recent sale happened at this postcode is 18 MERTON ROAD: £480,000 (Sold on 10 Jun 2019)
- The first recorded sale happened at this postcode is 6 MERTON ROAD: £50,000 (Sold on 02 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8PB 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£500,000	£6,410	1
2016	£452,500	£4,269	1
2013	£267,000	£4,045	1
2011	£257,498	£2,091	2
2010	£250,000	£2,493	1
2003	£249,995		1
2002	£210,000		1
2000	£132,250		2
1997	£88,750	£815	2
1995	£68,000	£678	1
2024	£500,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£480,000	£4,848	1
2014	£373,750	£2,931	2
2008	£345,000		1
2006	£267,000		1
2003	£226,000		2
2002	£217,500		1
2001	£173,500		1
1997	£81,000		1
1996	£50,000		1

All the Sales in the MERTON ROAD, IG3 8PB

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

Address	Sold Date	Price	% Change
15 MERTON ROADSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-1949	05 Oct 2022	£500,000	First Sale
18 MERTON ROADTerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	10 Jun 2019	£480,000	First Sale
12 MERTON ROADSemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1900-1929	02 Dec 2016	£452,500	417.14%
	25 Feb 1997	£87,500	First Sale
19 MERTON ROADTerraced, FreeholdArea: 126 Sq.mtrAge: 1930-1949	12 Dec 2014	£370,000	First Sale
8 MERTON ROADTerraced, FreeholdArea: 129 Sq.mtrAge: 1930-1949	14 Nov 2014	£377,500	First Sale
9 MERTON ROADSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-1949	25 Nov 2013	£267,000	First Sale
11 MERTON ROADSemi-Detached, FreeholdArea: 138 Sq.mtrAge: 1930-1949	16 Jun 2011	£249,995	First Sale
4 MERTON ROADSemi-Detached, FreeholdArea: 111.8 Sq.mtrAge: 1900-1929	07 Jan 2011	£265,000	194.44%
	20 Jun 1997	£90,000	First Sale
2 MERTON ROADSemi-Detached, FreeholdArea: 100.28 Sq.mtrAge: 1900-1929	15 Oct 2010	£250,000	267.65%
	13 Apr 1995	£68,000	First Sale
27 MERTON ROADTerraced, Freehold	31 Jan 2008	£345,000	98.85%
27 MERTON ROADTerraced, Freehold	18 Jul 2001	£173,500	First Sale
21 MERTON ROADTerraced, Freehold	24 Apr 2006	£267,000	229.63%
21 MERTON ROADTerraced, Freehold	16 May 1997	£81,000	First Sale
14 MERTON ROADSemi-Detached, Freehold	28 Nov 2003	£249,995	First Sale
29 MERTON ROADTerraced, Freehold	14 Aug 2003	£242,000	15.24%
29 MERTON ROADTerraced, Freehold	29 Apr 2003	£210,000	First Sale
32 MERTON ROADSemi-Detached, Freehold	23 Aug 2002	£210,000	First Sale
20 MERTON ROADTerraced, Freehold	31 May 2002	£217,500	First Sale
16 MERTON ROADSemi-Detached, Freehold	19 Apr 2000	£152,000	First Sale
28 MERTON ROADSemi-Detached, Freehold	11 Feb 2000	£112,500	First Sale
6 MERTON ROADTerraced, Freehold	02 Aug 1996	£50,000	First Sale
30 MERTON ROADSemi-Detached, Freehold	17 Sep 2024	£500,000	First Sale

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

MERTON ROAD, IG3 8PB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £244,773 median price is £235,000 Standard Deviation is £145,743 with Total Sold: 435
- The Last 5 Year average price is £540,073 with Total Sold: 32
- The most recent sale happened at this postcode is , 30 MERTON ROAD: £500,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 8 MITCHAM ROAD: £71,500 (Sold on 28 Feb 1995)
Terraced
- The average price is around £235,962 median price is £227,000 Standard Deviation is £145,930 with Total Sold: 1,983
- The Last 5 Year average price is £485,555 with Total Sold: 193
- 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 , 8 BRANCASTER ROAD: £76,000 (Sold on 13 Jan 1995)
Flat
- The average price is around £123,356 median price is £112,250 Standard Deviation is £80,562 with Total Sold: 632
- The Last 5 Year average price is £221,163 with Total Sold: 62
- The most recent sale happened at this postcode is , 80A ALDBOROUGH ROAD SOUTH: £222,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 43, PARKVIEW COURT, 54 BRANCASTER ROAD: £51,000 (Sold on 09 Feb 1995)
Detached
- The average price is around £297,511 median price is £277,500 Standard Deviation is £168,327 with Total Sold: 64
- The Last 5 Year average price is £556,667 with Total Sold: 6
- The most recent sale happened at this postcode is , 4 REGENT GARDENS: £330,000 (Sold on 22 Mar 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 £425,896 median price is £225,000 Standard Deviation is £570,903 with Total Sold: 21
- The Last 5 Year average price is £363,416 with Total Sold: 8
- 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£529,900	£3,735	5
2023	£615,528	£6,121	9
2022	£556,500	£6,064	6
2021	£492,750	£4,417	6
2020	£466,267	£4,379	6
2019	£415,825	£4,706	12
2018	£438,417	£4,594	6
2017	£449,929	£4,023	14
2016	£435,734	£4,144	11
2015	£384,889	£3,564	9
2014	£323,445	£3,537	12
2013	£278,833	£3,271	12
2012	£277,812	£2,938	8
2011	£287,656	£2,554	16
2010	£266,786	£2,402	7
2009	£287,375	£2,680	8
2008	£319,333	£3,532	6
2007	£313,075	£2,715	26
2006	£256,473	£2,474	18
2005	£246,882	£2,954	17
2004	£246,138	£2,283	20
2003	£217,526	£2,219	19
2002	£190,999	£1,835	13
2001	£150,931	£1,607	29
2000	£135,530	£1,266	31
1999	£120,098	£978	28
1998	£94,326	£990	15
1997	£85,470	£718	17
1996	£73,000	£683	27
1995	£73,200	£584	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£491,224	£4,185	19
2023	£524,678	£5,141	36
2022	£509,426	£5,079	54
2021	£451,017	£4,441	54
2020	£454,217	£4,345	30
2019	£446,056	£4,195	47
2018	£428,391	£4,016	39
2017	£425,487	£4,098	40
2016	£398,702	£4,050	47
2015	£367,634	£3,559	56
2014	£327,834	£3,227	50
2013	£280,725	£2,933	40
2012	£260,334	£2,703	39
2011	£250,976	£2,713	41
2010	£252,585	£2,774	47
2009	£233,058	£2,561	26
2008	£261,049	£2,778	52
2007	£285,646	£2,871	103
2006	£250,696	£2,475	89
2005	£240,699	£2,329	86
2004	£228,275	£2,205	107
2003	£210,008	£2,290	115
2002	£171,817	£1,903	99
2001	£136,120	£1,381	106
2000	£121,794	£1,239	91
1999	£94,890	£986	110
1998	£86,217	£831	89
1997	£77,248	£760	108
1996	£65,286	£647	71
1995	£65,140	£617	92

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,833		6
2023	£241,655	£3,414	16
2022	£202,470	£3,922	13
2021	£237,969	£4,989	16
2020	£216,455	£4,685	11
2019	£184,067	£3,574	15
2018	£206,667	£4,139	6
2017	£204,350	£3,669	18
2016	£193,679	£4,527	14
2015	£168,286	£3,283	14
2014	£154,750	£3,205	16
2013	£143,633	£2,633	15
2012	£139,750	£2,134	4
2011	£114,333	£2,576	9
2010	£115,999	£2,694	6
2009	£152,561	£2,344	8
2008	£179,901	£3,178	28
2007	£167,617	£3,291	34
2006	£145,176	£2,995	29
2005	£159,594	£2,903	32
2004	£134,643	£2,397	28
2003	£121,345	£2,398	29
2002	£96,045	£2,006	43
2001	£72,488	£1,529	45
2000	£64,095	£1,351	30
1999	£59,394	£1,050	26
1998	£47,771	£989	36
1997	£45,064	£879	36
1996	£38,640	£862	20
1995	£36,241	£843	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,000	£3,113	1
2023	£640,000	£6,095	1
2021	£592,500	£5,019	4
2019	£535,000	£5,844	1
2018	£438,750	£5,168	2
2017	£540,000		1
2016	£660,000	£5,841	1
2015	£392,000	£3,865	4
2014	£421,250	£3,736	4
2013	£406,667	£2,720	3
2011	£296,167	£2,905	3
2010	£329,817	£2,671	3
2008	£340,000		1
2007	£310,000		1
2006	£267,700	£2,870	5
2005	£230,000		1
2004	£285,000	£1,993	1
2003	£266,667	£862	3
2002	£219,250	£1,794	4
2001	£170,332	£1,664	3
2000	£217,333	£1,614	3
1998	£125,000		1
1997	£119,000	£1,274	3
1996	£86,748	£1,088	2
1995	£92,281	£1,052	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,000		1
2023	£121,081		4
2021	£290,000	£2,101	1
2020	£1,005,000		2
2019	£170,000		4
2018	£237,500	£1,757	5
2016	£889,667	£3,626	3
2015	£1,500,000		1

House Type in IG3 8PB area

The most common house types in the IG3 8PB postcode area are Semi-detached (88), Detached (17), and Terraced (16).

Total	128
Semi-detached	88
Detached	17
Terraced	16
Flat	5
Shared house	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	57
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	26
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
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 8PB have 2 people in household (29), and 1 person in household (25).

2 people in household	29
1 person in household	25
4 people in household	24
3 people in household	23
5 people in household	14
6 people in household	13
7 people in household	3
0 people in household	0
8 or more people in household	0