Housing Market Analysis for MEADS LANE, IG3 8PZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £222,394 median price is £215,000 Standard Deviation is £114,786 with Total Sold: 8
    • The most recent sale happened at this postcode is 3 MEADS LANE: £360,000 (Sold on 18 Oct 2017)
    • The first recorded sale happened at this postcode is 7 MEADS LANE: £79,000 (Sold on 30 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8PZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£360,000 £4,500 1
2015£375,000 £3,024 1
2005£315,000 £3,338 1
2003£215,000 £2,278 2
2002£137,500 £1,447 1
1999£80,825 £1,039 2

All the Sales in the MEADS LANE, IG3 8PZ

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

AddressSold DatePrice% Change
3 MEADS LANETerraced, FreeholdArea: 80 Sq.mtrAge: before 190018 Oct 2017£360,000First Sale
1 MEADS LANETerraced, LeaseholdArea: 124 Sq.mtrAge: before 190013 Nov 2015£375,00019.05%
03 Jun 2005£315,00014.55%
15 Dec 2003£275,00077.42%
10 Apr 2003£155,000First Sale
9 MEADS LANETerraced, LeaseholdArea: 95 Sq.mtrAge: 1900-192903 May 2002£137,500First Sale
5 MEADS LANETerraced, Freehold07 Dec 1999£82,650First Sale
7 MEADS LANETerraced, LeaseholdArea: 76.05 Sq.mtrAge: 1900-192930 Sep 1999£79,000First Sale

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

MEADS LANE, IG3 8PZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £247,242 median price is £230,000 Standard Deviation is £151,538 with Total Sold: 281
    • The Last 5 Year average price is £532,467 with Total Sold: 27
    • 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 £229,884 median price is £210,000 Standard Deviation is £148,069 with Total Sold: 1,983
    • The Last 5 Year average price is £481,940 with Total Sold: 199
    • 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 , 179 CHESTER ROAD: £49,750 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £121,266 median price is £111,000 Standard Deviation is £81,415 with Total Sold: 716
    • The Last 5 Year average price is £246,724 with Total Sold: 54
    • The most recent sale happened at this postcode is , 62B ELGIN ROAD: £230,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is 11, WELLMEAD WELLWOOD ROAD: £45,000 (Sold on 24 Jan 1995)
  • Detached
    • The average price is around £286,906 median price is £270,000 Standard Deviation is £161,650 with Total Sold: 59
    • The Last 5 Year average price is £563,333 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 £557,386 median price is £219,000 Standard Deviation is £709,056 with Total Sold: 31
    • The Last 5 Year average price is £856,116 with Total Sold: 14
    • 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 , 774 HIGH ROAD: £20,000 (Sold on 23 Dec 2011)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£536,667 £3,735 3
2023£550,792 £5,782 6
2022£556,500 £6,064 6
2021£581,667 £6,029 6
2020£438,808 £4,522 6
2019£423,557 £4,145 7
2018£369,333 £4,607 3
2017£442,600 £3,989 5
2016£450,003 £4,882 8
2015£368,625 £3,806 8
2014£338,205 £3,112 9
2013£264,125 £3,056 8
2012£240,125 £2,955 4
2011£272,856 £2,160 7
2010£226,333 £2,668 3
2009£266,250 £2,528 4
2008£298,667 £3,912 3
2007£320,644 £2,466 17
2006£265,222 £2,592 9
2005£241,533 £2,789 15
2004£241,800 £2,729 15
2003£219,499 £2,732 16
2002£181,249 £1,830 12
2001£143,842 £1,709 19
2000£123,020 £1,177 22
1999£123,716 £1,051 15
1998£98,833 £1,101 6
1997£80,730 £734 13
1996£72,924 £754 12
1995£72,028 £676 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£474,712 £4,263 17
2023£520,171 £5,112 44
2022£492,767 £4,983 45
2021£456,802 £4,529 61
2020£465,906 £4,441 32
2019£425,200 £4,129 44
2018£426,797 £4,046 32
2017£432,860 £4,177 43
2016£382,402 £3,748 51
2015£341,098 £3,457 54
2014£319,922 £3,100 49
2013£279,049 £2,829 41
2012£258,197 £2,649 33
2011£262,232 £2,802 28
2010£250,135 £2,572 48
2009£229,399 £2,472 22
2008£273,094 £2,841 42
2007£275,870 £2,798 96
2006£245,985 £2,450 82
2005£238,167 £2,398 79
2004£233,020 £2,359 100
2003£208,824 £2,160 114
2002£169,302 £1,858 125
2001£135,375 £1,407 120
2000£121,604 £1,262 93
1999£98,013 £1,038 103
1998£82,690 £851 108
1997£75,347 £801 105
1996£67,930 £644 78
1995£64,027 £587 94
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,500 £3,928 4
2023£287,250 £3,993 12
2022£260,286 £5,723 14
2021£244,432 £4,932 13
2020£205,864 £4,691 11
2019£213,455 £4,351 11
2018£244,571 £5,251 7
2017£225,275 £3,837 20
2016£217,083 £4,762 18
2015£192,550 £4,002 10
2014£167,613 £3,463 22
2013£146,812 £2,683 8
2012£159,333 £2,663 6
2011£136,450 £2,676 10
2010£126,500 £2,519 6
2009£185,000 £2,926 11
2008£175,874 £3,122 34
2007£164,371 £3,157 37
2006£138,929 £2,823 29
2005£141,984 £2,607 32
2004£135,304 £2,463 23
2003£125,823 £2,386 47
2002£98,786 £1,936 54
2001£67,178 £1,427 42
2000£62,530 £1,231 53
1999£59,812 £1,086 28
1998£44,699 £911 34
1997£45,131 £826 45
1996£38,289 £815 37
1995£35,708 £727 38
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,000 £3,113 1
2021£610,000 £4,960 5
2019£535,000 £5,844 1
2018£438,750 £5,168 2
2016£660,000 £5,841 1
2015£439,000 £3,776 2
2014£383,000 £3,920 4
2013£322,500 £3,004 2
2011£296,167 £2,905 3
2010£269,450 £3,144 1
2007£310,0001
2006£267,700 £2,870 5
2005£261,0002
2004£285,000 £1,993 1
2003£300,0002
2002£336,2494
2001£158,999 £1,630 4
2000£156,500 £1,614 2
1999£172,0001
1998£142,5002
1997£134,6673
1996£115,374 £1,088 4
1995£98,332 £1,121 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,0001
2023£365,833 £870 3
2022£1,155,526 £2,351 5
2021£492,500 £7,420 2
2020£1,334,1673
2019£206,3333
2018£210,0002
2017£425,907 £4,198 7
2016£354,333 £4,478 3
2014£190,0001
2011£20,0001

House Type in IG3 8PZ area

The most common house types in the IG3 8PZ postcode area are Terraced (73), Shared house (16), and Semi-detached (11).

Total115
Terraced73
Shared house16
Semi-detached11
Detached7
Flat6
commercial building2
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (59), and Owned: Owns with a mortgage or loan (22).

Private rented: Private landlord or letting agency59
Owned: Owns with a mortgage or loan22
Owned: Owns outright19
Social rented: Other social rented5
Private rented: Other private rented4
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG3 8PZ have 4 people in household (49), and 1 person in household (20).

4 people in household49
1 person in household20
3 people in household17
2 people in household14
5 people in household7
6 people in household7
8 or more people in household2
7 people in household1
0 people in household0