Housing Market Analysis for MEADS LANE, IG3 8QL

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

Overview of Sold House prices

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

Other
- The average price is around £219,000 median price is £219,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £219,000 with Total Sold: 1
- The most recent sale happened at this postcode is 55 MEADS LANE: £219,000 (Sold on 03 Dec 2019)
- The first recorded sale happened at this postcode is 55 MEADS LANE: £219,000 (Sold on 03 Dec 2019)
Terraced
- The average price is around £156,964 median price is £162,500 Standard Deviation is £83,435 with Total Sold: 14
- The Last 5 Year average price is £200,000 with Total Sold: 1
- The most recent sale happened at this postcode is 55 MEADS LANE: £200,000 (Sold on 07 Oct 2019)
- The first recorded sale happened at this postcode is 37A MEADS LANE: £52,000 (Sold on 10 May 1996)
Flat
- The average price is around £70,667 median price is £34,000 Standard Deviation is £52,563 with Total Sold: 3
- The most recent sale happened at this postcode is 51A MEADS LANE: £145,000 (Sold on 15 Sep 2008)
- The first recorded sale happened at this postcode is 59A MEADS LANE: £34,000 (Sold on 15 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8QL 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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£219,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£200,000		1
2018	£265,000	£6,625	1
2011	£245,000		1
2010	£175,000		1
2009	£150,000		1
2005	£249,000		1
2004	£235,000	£3,983	1
2003	£199,500		2
1999	£80,000		1
1998	£38,500	£939	1
1997	£54,500	£1,254	2
1996	£52,000	£1,300	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£145,000	£2,458	1
2001	£33,000	£805	1
1997	£34,000	£667	1

All the Sales in the MEADS LANE, IG3 8QL

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

Address	Sold Date	Price	% Change
55 MEADS LANEOther, Freehold	03 Dec 2019	£219,000	9.50%
55 MEADS LANEOther, Freehold	07 Oct 2019	£200,000	First Sale
37A MEADS LANETerraced, FreeholdArea: 40 Sq.mtrAge: 1900-1929	07 Aug 2018	£265,000	409.62%
	10 May 1996	£52,000	First Sale
47 MEADS LANETerraced, Freehold	15 Jul 2011	£245,000	First Sale
55A MEADS LANETerraced, Freehold	02 Mar 2010	£175,000	16.67%
55A MEADS LANETerraced, Freehold	10 Nov 2009	£150,000	First Sale
51A MEADS LANEFlat, LeaseholdArea: 59 Sq.mtrAge: 1900-1929	15 Sep 2008	£145,000	-38.30%
	30 Jul 2004	£235,000	217.57%
	21 Apr 1997	£74,000	First Sale
41 MEADS LANETerraced, Freehold	28 Jul 2005	£249,000	0.0
41 MEADS LANETerraced, Freehold	18 Aug 2003	£249,000	First Sale
49 MEADS LANETerraced, Freehold	29 Jul 2003	£150,000	First Sale
57A MEADS LANEFlat, LeaseholdArea: 41 Sq.mtrAge: 1930-1949	19 Mar 2001	£33,000	-14.29%
57A MEADS LANEFlat, LeaseholdArea: 41 Sq.mtrAge: 1930-1949	05 Jun 1998	£38,500	First Sale
53 MEADS LANETerraced, Freehold	16 Jul 1999	£80,000	128.57%
53 MEADS LANETerraced, Freehold	06 Aug 1997	£35,000	First Sale
59A MEADS LANEFlat, LeaseholdArea: 51 Sq.mtrAge: 1900-1929	15 Dec 1997	£34,000	First Sale

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

MEADS LANE, IG3 8QL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £245,311 median price is £235,000 Standard Deviation is £150,201 with Total Sold: 363
- The Last 5 Year average price is £510,062 with Total Sold: 43
- 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 £232,281 median price is £215,000 Standard Deviation is £147,887 with Total Sold: 2,134
- The Last 5 Year average price is £470,883 with Total Sold: 271
- 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 , 179 CHESTER ROAD: £49,750 (Sold on 13 Jan 1995)
Flat
- The average price is around £121,661 median price is £111,500 Standard Deviation is £77,610 with Total Sold: 793
- The Last 5 Year average price is £211,274 with Total Sold: 86
- 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 11, WELLMEAD WELLWOOD ROAD: £45,000 (Sold on 24 Jan 1995)
Detached
- The average price is around £298,611 median price is £277,500 Standard Deviation is £163,298 with Total Sold: 58
- The Last 5 Year average price is £539,167 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 £353,683 median price is £190,000 Standard Deviation is £512,179 with Total Sold: 25
- The Last 5 Year average price is £225,017 with Total Sold: 13
- 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 , CHESTER WAREHOUSE CHESTER ROAD: £190,000 (Sold on 30 Apr 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£496,500	£3,735	5
2023	£607,194	£6,221	9
2022	£556,500	£6,064	6
2021	£561,643	£5,884	7
2020	£431,250	£4,417	4
2019	£415,825	£4,706	12
2018	£369,333	£4,607	3
2017	£458,444	£4,118	9
2016	£442,225	£4,905	9
2015	£366,125	£3,689	8
2014	£323,304	£3,551	11
2013	£267,583	£3,188	12
2012	£251,250	£2,862	6
2011	£271,908	£2,459	11
2010	£238,500	£2,551	5
2009	£275,833	£2,627	6
2008	£294,000	£3,912	4
2007	£316,018	£2,793	24
2006	£251,000	£2,553	12
2005	£246,882	£2,954	17
2004	£249,220	£2,369	16
2003	£223,428	£2,611	21
2002	£182,726	£1,874	11
2001	£144,038	£1,641	26
2000	£123,317	£1,269	25
1999	£117,838	£1,017	20
1998	£94,818	£1,056	11
1997	£81,428	£735	14
1996	£71,996	£685	24
1995	£73,626	£652	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£477,993	£4,263	22
2023	£517,663	£5,094	46
2022	£493,606	£5,035	52
2021	£450,390	£4,475	69
2020	£454,400	£4,263	35
2019	£438,992	£4,104	47
2018	£415,848	£3,964	34
2017	£428,732	£4,002	43
2016	£383,417	£3,807	54
2015	£351,170	£3,500	59
2014	£318,602	£3,133	51
2013	£282,322	£2,835	45
2012	£262,515	£2,661	34
2011	£256,244	£2,761	35
2010	£248,143	£2,654	49
2009	£238,185	£2,511	27
2008	£266,030	£2,827	46
2007	£280,388	£2,887	107
2006	£247,536	£2,442	86
2005	£237,646	£2,328	94
2004	£233,854	£2,378	110
2003	£210,560	£2,297	124
2002	£168,853	£1,877	129
2001	£136,151	£1,397	124
2000	£123,110	£1,253	95
1999	£96,831	£1,031	114
1998	£83,593	£846	110
1997	£76,237	£822	107
1996	£66,965	£644	85
1995	£64,352	£602	101

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£183,125	£4,587	8
2023	£238,432	£3,303	15
2022	£195,462	£4,023	13
2021	£228,036	£4,793	17
2020	£212,692	£4,749	13
2019	£197,275	£3,900	20
2018	£217,222	£4,707	9
2017	£209,738	£3,667	26
2016	£206,125	£4,696	20
2015	£163,857	£3,300	14
2014	£154,889	£3,248	18
2013	£136,893	£2,566	14
2012	£146,333	£2,433	6
2011	£121,000	£2,522	11
2010	£120,249	£2,552	8
2009	£156,408	£2,387	11
2008	£176,712	£3,179	34
2007	£164,231	£3,357	40
2006	£142,440	£3,076	40
2005	£152,443	£2,782	44
2004	£130,297	£2,530	32
2003	£125,750	£2,437	41
2002	£96,550	£1,961	58
2001	£71,812	£1,537	48
2000	£64,179	£1,336	52
1999	£59,889	£1,068	29
1998	£48,432	£1,044	37
1997	£45,297	£852	44
1996	£38,162	£820	32
1995	£37,236	£799	39

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,000	£3,113	1
2021	£592,500	£5,019	4
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	£452,500	£3,748	4
2013	£406,667	£2,720	3
2011	£296,167	£2,905	3
2010	£389,725	£2,545	2
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	£263,750	£890	4
2001	£158,999	£1,630	4
2000	£217,333	£1,614	3
1999	£172,000		1
1998	£125,000		1
1997	£132,000		2
1996	£86,748	£1,088	2
1995	£98,332	£1,121	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,000		1
2023	£281,706	£870	4
2022	£400	£6	1
2021	£492,500	£7,420	2
2020	£10,000		1
2019	£170,000		4
2018	£234,375	£1,860	4
2017	£477,838		4
2016	£959,333	£4,478	3
2014	£190,000		1

House Type in IG3 8QL area

The most common house types in the IG3 8QL postcode area are Terraced (36), Semi-detached (12), and Flat (11).

Total	77
Terraced	36
Semi-detached	12
Flat	11
commercial building	10
Shared house	4
Detached	3
converted building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (54), and Owned: Owns outright (10).

Private rented: Private landlord or letting agency	54
Owned: Owns outright	10
Owned: Owns with a mortgage or loan	8
Social rented: Other social rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IG3 8QL have 4 people in household (30), and 2 people in household (15).

4 people in household	30
2 people in household	15
5 people in household	13
1 person in household	8
3 people in household	6
7 people in household	2
6 people in household	1
8 or more people in household	1
0 people in household	0