Housing Market Analysis for FARNHAM ROAD, IG3 8QB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £285,596 median price is £250,000 Standard Deviation is £168,270 with Total Sold: 21
- The Last 5 Year average price is £555,333 with Total Sold: 3
- The most recent sale happened at this postcode is 5 FARNHAM ROAD: £486,000 (Sold on 30 Sep 2022)
- The first recorded sale happened at this postcode is 1 FARNHAM ROAD: £750,000 (Sold on 13 Mar 2023)
Terraced
- The average price is around £189,052 median price is £187,500 Standard Deviation is £109,642 with Total Sold: 19
- The Last 5 Year average price is £366,667 with Total Sold: 3
- The most recent sale happened at this postcode is 8 FARNHAM ROAD: £390,000 (Sold on 06 May 2022)
- The first recorded sale happened at this postcode is 6 FARNHAM ROAD: £49,000 (Sold on 24 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8QB 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	£486,000	£5,341	1
2020	£430,000	£3,981	1
2018	£400,000	£4,607	2
2017	£270,000	£2,935	1
2016	£424,038	£4,100	2
2015	£321,000	£3,282	2
2013	£250,000	£2,874	1
2012	£249,999	£2,593	1
2007	£249,950	£2,747	1
2003	£222,498	£2,445	2
2002	£168,750	£1,635	2
1996	£58,667	£590	3
1995	£63,000	£504	1
2023	£750,000	£9,036	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£390,000	£3,824	1
2019	£355,000	£4,329	2
2015	£266,665	£3,509	3
2014	£266,000	£3,296	1
2006	£220,000	£2,726	1
2004	£193,750	£2,232	2
2002	£158,500	£1,786	2
2001	£89,000	£1,103	1
2000	£90,500	£1,129	1
1999	£86,995		1
1997	£67,250	£854	2
1996	£50,250	£556	2

All the Sales in the FARNHAM ROAD, IG3 8QB

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

Address	Sold Date	Price	% Change
5 FARNHAM ROADSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1900-1929	30 Sep 2022	£486,000	94.44%
	28 Mar 2007	£249,950	-0.02%
	02 May 2003	£249,995	28.20%
	12 Mar 2003	£195,000	-2.50%
	06 Dec 2002	£200,000	225.20%
	28 May 1996	£61,500	First Sale
8 FARNHAM ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1900-1929	06 May 2022	£390,000	657.28%
	31 May 1996	£51,500	First Sale
3 FARNHAM ROADSemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1930-1949	19 Jun 2020	£430,000	First Sale
22 FARNHAM ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	23 Aug 2019	£350,000	86.67%
	12 Mar 2004	£187,500	First Sale
20 FARNHAM ROADTerraced, FreeholdArea: 80.14 Sq.mtrAge: 1900-1929	21 Aug 2019	£360,000	26.32%
	05 Mar 2015	£285,000	214.92%
	27 Mar 2000	£90,500	29.29%
	14 Oct 1997	£70,000	First Sale
9 FARNHAM ROADSemi-Detached, FreeholdArea: 92 Sq.mtrAge: before 1900	19 Dec 2018	£360,000	33.33%
	29 Nov 2017	£270,000	First Sale
1 FARNHAM ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1900-1929	16 Jul 2018	£440,000	-41.33%
	13 Mar 2023	£750,000	First Sale
17 FARNHAM ROADSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1900-1929	09 Aug 2016	£405,000	62.00%
	08 May 2013	£250,000	390.20%
	28 Jun 1996	£51,000	First Sale
11 FARNHAM ROADSemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1900-1929	26 Feb 2016	£443,077	597.76%
	12 Nov 1996	£63,500	0.79%
	28 Apr 1995	£63,000	First Sale
21 FARNHAM ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1900-1929	17 Nov 2015	£327,000	First Sale
14 FARNHAM ROADTerraced, FreeholdArea: 91 Sq.mtrAge: 1900-1929	28 Aug 2015	£315,000	120.28%
	20 May 2002	£143,000	First Sale
18 FARNHAM ROADTerraced, Leasehold	18 May 2015	£199,995	First Sale
15 FARNHAM ROADSemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1900-1929	20 Feb 2015	£315,000	129.09%
	26 Apr 2002	£137,500	First Sale
6 FARNHAM ROADTerraced, FreeholdArea: 80.71 Sq.mtrAge: 1900-1929	09 Jul 2014	£266,000	20.91%
	21 Jul 2006	£220,000	147.19%
	26 Feb 2001	£89,000	81.63%
	24 May 1996	£49,000	First Sale
19 FARNHAM ROADSemi-Detached, FreeholdArea: 96.4 Sq.mtrAge: 1967-1975	29 Nov 2012	£249,999	First Sale
7 FARNHAM ROADTerraced, Freehold	15 Apr 2004	£200,000	129.90%
	30 Sep 1999	£86,995	34.88%
	17 Jun 1997	£64,500	First Sale
4 FARNHAM ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	17 Dec 2002	£174,000	First Sale

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

FARNHAM ROAD, IG3 8QB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £248,057 median price is £235,250 Standard Deviation is £146,982 with Total Sold: 318
- The Last 5 Year average price is £493,512 with Total Sold: 41
- 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 £228,594 median price is £210,000 Standard Deviation is £141,973 with Total Sold: 1,875
- The Last 5 Year average price is £463,852 with Total Sold: 221
- 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 £125,459 median price is £124,000 Standard Deviation is £74,524 with Total Sold: 651
- The Last 5 Year average price is £234,332 with Total Sold: 56
- The most recent sale happened at this postcode is 19, TUSCANY HOUSE MEDICI CLOSE: £203,000 (Sold on 07 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 £559,286 with Total Sold: 7
- 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 £533,257 median price is £326,500 Standard Deviation is £644,015 with Total Sold: 22
- The Last 5 Year average price is £606,450 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 , 5 KINGSWOOD ROAD: £650,000 (Sold on 23 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£520,625	£3,735	4
2023	£531,625	£5,957	6
2022	£556,500	£6,064	6
2021	£581,667	£6,029	6
2020	£440,407	£4,568	7
2019	£420,825	£4,589	12
2018	£369,333	£4,607	3
2017	£442,600	£3,989	5
2016	£446,114	£4,812	9
2015	£368,625	£3,806	8
2014	£338,077	£3,213	11
2013	£268,300	£3,114	10
2012	£242,100	£2,935	5
2011	£257,141	£2,209	7
2010	£226,333	£2,668	3
2009	£266,250	£2,528	4
2008	£295,250	£3,912	4
2007	£316,682	£2,555	19
2006	£259,000	£2,623	13
2005	£244,778	£2,758	18
2004	£232,000	£2,736	16
2003	£226,420	£2,687	19
2002	£181,249	£1,830	12
2001	£151,095	£1,735	21
2000	£124,018	£1,218	24
1999	£122,208	£1,064	18
1998	£101,856	£1,155	7
1997	£81,464	£734	14
1996	£67,257	£726	13
1995	£69,275	£585	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£448,540	£4,263	15
2023	£499,372	£5,192	39
2022	£483,855	£5,035	45
2021	£456,808	£4,565	50
2020	£458,793	£4,390	29
2019	£427,647	£4,122	43
2018	£422,803	£4,135	33
2017	£440,162	£4,333	37
2016	£389,844	£3,768	45
2015	£328,986	£3,463	49
2014	£323,544	£3,173	50
2013	£284,461	£2,891	39
2012	£261,726	£2,663	31
2011	£261,948	£2,806	29
2010	£242,785	£2,593	42
2009	£237,035	£2,483	22
2008	£275,974	£2,784	41
2007	£274,309	£2,786	92
2006	£250,778	£2,467	85
2005	£236,323	£2,367	81
2004	£232,022	£2,396	91
2003	£211,284	£2,226	102
2002	£169,280	£1,827	129
2001	£136,216	£1,458	108
2000	£122,512	£1,242	96
1999	£99,071	£1,055	95
1998	£83,528	£876	97
1997	£75,909	£796	94
1996	£69,093	£662	75
1995	£65,847	£600	91

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,750	£3,928	4
2023	£232,545	£4,006	11
2022	£281,545	£6,070	11
2021	£251,761	£4,278	10
2020	£201,000	£4,608	9
2019	£216,182	£4,467	11
2018	£235,333	£5,284	6
2017	£225,000	£3,844	19
2016	£225,219	£4,679	16
2015	£192,550	£4,002	10
2014	£175,886	£3,381	22
2013	£151,909	£2,641	11
2012	£152,667	£2,775	6
2011	£126,200	£2,415	5
2010	£126,500	£2,519	6
2009	£145,469	£2,805	56
2008	£175,798	£3,302	31
2007	£164,573	£3,207	31
2006	£140,660	£2,878	25
2005	£142,982	£2,544	28
2004	£133,079	£2,573	19
2003	£128,559	£2,437	37
2002	£98,697	£1,904	48
2001	£65,906	£1,331	32
2000	£63,280	£1,256	45
1999	£60,614	£1,100	24
1998	£43,060	£935	25
1997	£46,186	£829	36
1996	£37,884	£845	28
1995	£35,764	£740	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£310,000		1
2006	£267,700	£2,870	5
2005	£261,000		2
2004	£285,000	£1,993	1
2003	£300,000		2
2002	£336,249		4
2001	£158,999	£1,630	4
2000	£156,500	£1,614	2
1999	£172,000		1
1998	£142,500		2
1997	£134,667		3
1996	£115,374	£1,088	4
1995	£98,332	£1,121	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,000		1
2023	£365,833	£870	3
2022	£425,200	£2,351	2
2021	£492,500	£7,420	2
2020	£1,334,167		3
2019	£219,000		1
2018	£410,000		1
2017	£496,875	£4,198	6
2016	£354,333	£4,478	3

House Type in IG3 8QB area

The most common house types in the IG3 8QB postcode area are Semi-detached (102), Terraced (29), and Flat (6).

Total	146
Semi-detached	102
Terraced	29
Flat	6
Shared house	6
Detached	3
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 with a mortgage or loan (54), and Owned: Owns outright (46).

Owned: Owns with a mortgage or loan	54
Owned: Owns outright	46
Private rented: Private landlord or letting agency	32
Private rented: Other private rented	7
Social rented: Other social rented	3
Social rented: Rents from council or Local Authority	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 8QB have 2 people in household (33), and 4 people in household (32).

2 people in household	33
4 people in household	32
3 people in household	28
1 person in household	27
5 people in household	16
6 people in household	5
7 people in household	2
8 or more people in household	2
0 people in household	0