Housing Market Analysis for WELLWOOD ROAD, IG3 8TR

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

Overview of Sold House prices

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

Terraced
- The average price is around £383,820 median price is £385,000 Standard Deviation is £199,329 with Total Sold: 25
- The Last 5 Year average price is £730,000 with Total Sold: 3
- The most recent sale happened at this postcode is 5 WELLWOOD ROAD: £810,000 (Sold on 23 Jun 2022)
- The first recorded sale happened at this postcode is 35 WELLWOOD ROAD: £105,000 (Sold on 05 Feb 1996)
Flat
- The average price is around £100,512 median price is £76,000 Standard Deviation is £69,419 with Total Sold: 20
- The Last 5 Year average price is £294,500 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 2, 3 WELLWOOD ROAD: £294,500 (Sold on 21 Jan 2019)
- The first recorded sale happened at this postcode is FLAT 3, 24 WELLWOOD ROAD: £45,500 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £351,667 median price is £415,000 Standard Deviation is £122,769 with Total Sold: 3
- The most recent sale happened at this postcode is 15 WELLWOOD ROAD: £460,000 (Sold on 20 Dec 2007)
- The first recorded sale happened at this postcode is 15 WELLWOOD ROAD: £180,000 (Sold on 01 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8TR 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
2022	£810,000	£7,864	1
2021	£680,000	£4,503	1
2020	£700,000	£5,303	1
2017	£725,000	£5,331	1
2016	£500,000	£4,608	2
2014	£472,500	£3,331	2
2013	£397,500	£2,598	1
2008	£499,995		1
2007	£390,000		2
2006	£390,000	£2,047	1
2005	£336,333	£3,437	3
2003	£385,000	£2,052	1
2002	£235,000		1
2001	£199,500		2
1999	£140,000	£1,553	2
1998	£127,500	£720	2
1996	£105,000	£560	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£294,500		1
2018	£185,000		1
2010	£104,000	£2,080	1
2008	£173,333	£3,780	3
2006	£124,000		3
2002	£72,000		1
2000	£50,833		3
1999	£80,000	£537	1
1998	£37,500		1
1997	£34,125		2
1996	£46,000		1
1995	£39,250		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£437,500	£3,242	2
2002	£180,000		1

All the Sales in the WELLWOOD ROAD, IG3 8TR

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

Address	Sold Date	Price	% Change
5 WELLWOOD ROADTerraced, FreeholdArea: 103 Sq.mtrAge: 1900-1929	23 Jun 2022	£810,000	128.81%
	13 May 2005	£354,000	121.25%
	29 Jan 1999	£160,000	First Sale
39 WELLWOOD ROADTerraced, FreeholdArea: 151 Sq.mtrAge: 1930-1949	29 Jan 2021	£680,000	First Sale
31 WELLWOOD ROADTerraced, FreeholdArea: 132 Sq.mtrAge: before 1900	17 Dec 2020	£700,000	75.00%
	29 Apr 2016	£400,000	First Sale
FLAT 2, 3 WELLWOOD ROADFlat, Leasehold	21 Jan 2019	£294,500	59.19%
FLAT 2, 3 WELLWOOD ROADFlat, Leasehold	06 Jul 2018	£185,000	First Sale
8 WELLWOOD ROADTerraced, FreeholdArea: 136 Sq.mtrAge: before 1900	30 Mar 2017	£725,000	55.91%
	07 Oct 2014	£465,000	First Sale
29 WELLWOOD ROADTerraced, FreeholdArea: 97 Sq.mtrAge: 1900-1929	05 Jan 2016	£600,000	First Sale
26 WELLWOOD ROADTerraced, LeaseholdArea: 148.05 Sq.mtrAge: 1900-1929	30 Jun 2014	£480,000	First Sale
21 WELLWOOD ROADTerraced, FreeholdArea: 153 Sq.mtrAge: 1900-1929	01 Jul 2013	£397,500	First Sale
FLAT 1, 24 WELLWOOD ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1900-1929	10 Mar 2010	£104,000	First Sale
FLAT 1, 2 WELLWOOD ROADFlat, Leasehold	21 Oct 2008	£160,000	First Sale
FLAT 3, 2 WELLWOOD ROADFlat, Leasehold	21 Oct 2008	£155,000	First Sale
FLAT 4, 2 WELLWOOD ROADFlat, LeaseholdArea: 54.23 Sq.mtrAge: 2007 onwards	21 Oct 2008	£205,000	First Sale
36 WELLWOOD ROADTerraced, Freehold	24 Jan 2008	£499,995	First Sale
15 WELLWOOD ROADSemi-Detached, Freehold	20 Dec 2007	£460,000	155.56%
15 WELLWOOD ROADSemi-Detached, Freehold	01 Aug 2002	£180,000	First Sale
18 WELLWOOD ROADSemi-Detached, FreeholdArea: 128 Sq.mtrAge: 1930-1949	14 Jun 2007	£415,000	First Sale
27 WELLWOOD ROADTerraced, Leasehold	03 May 2007	£355,000	First Sale
2 WELLWOOD ROADTerraced, Freehold	20 Feb 2007	£425,000	21.43%
	06 Dec 2005	£350,000	14.75%
	05 Oct 2005	£305,000	First Sale
FLAT 4, 23 WELLWOOD ROADFlat, Leasehold	08 Aug 2006	£112,000	55.56%
	13 Mar 2002	£72,000	30.91%
	04 May 2000	£55,000	46.67%
	01 Jun 1998	£37,500	13.64%
	26 May 1995	£33,000	First Sale
FLAT 1, 3 WELLWOOD ROADFlat, Leasehold	19 Jun 2006	£120,000	296.69%
FLAT 1, 3 WELLWOOD ROADFlat, Leasehold	28 Oct 1997	£30,250	First Sale
3A WELLWOOD ROADFlat, Leasehold	09 May 2006	£140,000	156.88%
3A WELLWOOD ROADFlat, Leasehold	16 Oct 2000	£54,500	First Sale
34 WELLWOOD ROADTerraced, FreeholdArea: 190.5 Sq.mtrAge: 1930-1949	13 Jan 2006	£390,000	First Sale
35 WELLWOOD ROADTerraced, FreeholdArea: 187.6 Sq.mtrAge: 1900-1929	12 May 2003	£385,000	185.19%
	22 Oct 1998	£135,000	28.57%
	05 Feb 1996	£105,000	First Sale
17 WELLWOOD ROADTerraced, Freehold	18 Jan 2002	£235,000	First Sale
32 WELLWOOD ROADTerraced, Freehold	16 Nov 2001	£224,000	First Sale
20 WELLWOOD ROADTerraced, Freehold	12 Apr 2001	£175,000	First Sale
FLAT 3, 23 WELLWOOD ROADFlat, Leasehold	11 Apr 2000	£43,000	First Sale
11 WELLWOOD ROADFlat, LeaseholdArea: 149 Sq.mtrAge: 1930-1949	14 Sep 1999	£80,000	First Sale
1 WELLWOOD ROADTerraced, Freehold	18 May 1999	£120,000	First Sale
19 WELLWOOD ROADTerraced, Leasehold	24 Jul 1998	£120,000	First Sale
FLAT 2, 23 WELLWOOD ROADFlat, Leasehold	25 Sep 1997	£38,000	First Sale
37 WELLWOOD ROADFlat, Leasehold	03 Dec 1996	£46,000	First Sale
FLAT 3, 24 WELLWOOD ROADFlat, Leasehold	31 Mar 1995	£45,500	First Sale

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

WELLWOOD ROAD, IG3 8TR Near By properties

Interactive Map

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

Terraced
- The average price is around £228,110 median price is £211,375 Standard Deviation is £141,656 with Total Sold: 2,184
- The Last 5 Year average price is £466,920 with Total Sold: 244
- 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 , 2 HUXLEY DRIVE: £80,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £266,518 median price is £242,500 Standard Deviation is £162,365 with Total Sold: 288
- The Last 5 Year average price is £519,120 with Total Sold: 38
- The most recent sale happened at this postcode is , 9 SPENCER ROAD: £475,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 7 GOODMAYES AVENUE: £67,000 (Sold on 15 Jan 1995)
Flat
- The average price is around £120,732 median price is £114,500 Standard Deviation is £73,554 with Total Sold: 1,196
- The Last 5 Year average price is £233,284 with Total Sold: 94
- The most recent sale happened at this postcode is , 5A KILDOWAN ROAD: £350,000 (Sold on 28 Jun 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 £301,362 median price is £282,500 Standard Deviation is £160,031 with Total Sold: 58
- The Last 5 Year average price is £535,000 with Total Sold: 9
- 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 £471,531 median price is £219,000 Standard Deviation is £656,146 with Total Sold: 47
- The Last 5 Year average price is £614,293 with Total Sold: 26
- The most recent sale happened at this postcode is , 57 EASTWOOD ROAD: £47,500 (Sold on 28 Nov 2023)
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£459,338	£4,742	17
2023	£499,178	£5,286	45
2022	£501,375	£5,012	44
2021	£456,730	£4,613	61
2020	£449,729	£4,423	35
2019	£428,460	£4,322	42
2018	£436,012	£4,227	41
2017	£454,202	£4,366	42
2016	£383,891	£3,895	55
2015	£333,632	£3,498	61
2014	£317,708	£3,163	49
2013	£273,510	£2,956	48
2012	£255,828	£2,687	32
2011	£267,769	£2,883	39
2010	£252,221	£2,638	52
2009	£238,742	£2,691	34
2008	£265,510	£2,665	48
2007	£269,868	£2,731	99
2006	£256,007	£2,555	112
2005	£238,012	£2,394	85
2004	£230,196	£2,457	107
2003	£207,368	£2,338	123
2002	£170,420	£1,765	143
2001	£136,283	£1,528	138
2000	£122,025	£1,334	111
1999	£101,981	£1,106	105
1998	£85,184	£913	115
1997	£77,673	£847	112
1996	£69,801	£706	88
1995	£66,498	£651	101

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£557,500		2
2023	£513,833	£5,570	6
2022	£554,250	£5,176	8
2021	£637,133	£6,002	6
2020	£456,135	£4,447	10
2019	£451,733	£4,510	6
2018	£457,300	£3,945	6
2017	£473,200	£3,755	5
2016	£483,059	£4,807	9
2015	£374,625	£3,714	8
2014	£369,666	£3,105	9
2013	£272,166	£2,648	6
2012	£288,643	£2,700	7
2011	£282,499	£2,422	7
2010	£322,333	£2,439	6
2009	£300,000	£2,569	2
2008	£305,200	£3,912	5
2007	£333,295	£2,356	10
2006	£264,090	£2,894	11
2005	£258,055	£2,939	18
2004	£240,654	£2,159	13
2003	£236,499	£2,572	16
2002	£200,892	£1,711	14
2001	£162,750	£1,898	16
2000	£127,041	£1,169	18
1999	£138,326	£1,044	13
1998	£113,980	£935	5
1997	£88,714	£730	14
1996	£74,560	£649	14
1995	£78,091	£691	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£221,800	£3,928	10
2023	£227,269	£4,622	16
2022	£269,636	£5,673	22
2021	£241,294	£4,283	14
2020	£209,893	£4,301	16
2019	£212,875	£4,167	16
2018	£227,914	£4,831	29
2017	£229,234	£4,111	32
2016	£210,837	£4,007	32
2015	£170,741	£3,383	29
2014	£166,190	£3,426	26
2013	£133,750	£2,568	10
2012	£145,963	£2,854	15
2011	£145,800	£2,830	9
2010	£142,533	£2,572	15
2009	£146,222	£2,554	9
2008	£176,423	£3,148	49
2007	£169,970	£3,352	71
2006	£146,244	£2,983	47
2005	£134,482	£2,642	71
2004	£129,914	£2,685	45
2003	£119,213	£2,352	75
2002	£96,907	£2,033	90
2001	£68,279	£1,466	65
2000	£61,024	£1,282	112
1999	£52,291	£1,121	59
1998	£46,035	£976	67
1997	£45,031	£872	64
1996	£40,358	£824	48
1995	£39,555	£748	33

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,000	£3,113	1
2021	£610,000	£4,960	5
2019	£478,333	£4,918	3
2018	£425,000	£2,663	1
2015	£412,667	£3,647	3
2014	£383,000	£3,920	4
2013	£275,000	£3,004	1
2011	£296,167	£2,905	3
2010	£425,000	£4,247	2
2007	£455,000		2
2006	£267,700	£2,870	5
2005	£292,000		1
2004	£150,000	£765	1
2003	£352,500	£1,804	2
2002	£336,249		4
2001	£159,332	£1,562	3
2000	£153,750	£1,614	4
1999	£172,000		1
1998	£142,500		2
1997	£131,750		2
1996	£127,167	£1,243	3
1995	£104,000	£1,121	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£333,500	£870	5
2022	£1,037,938	£2,351	6
2021	£248,375	£4,970	4
2020	£869,143	£639	7
2019	£249,750		4
2018	£191,500		4
2017	£376,669	£4,198	8
2016	£366,666	£3,712	6
2014	£95,500		2
2011	£20,000		1

House Type in IG3 8TR area

The most common house types in the IG3 8TR postcode area are Shared house (45), Flat (30), and Terraced (25).

Total	129
Shared house	45
Flat	30
Terraced	25
Semi-detached	14
commercial building	9
Detached	4
converted building	2
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 (97), and Owned: Owns outright (17).

Private rented: Private landlord or letting agency	97
Owned: Owns outright	17
Owned: Owns with a mortgage or loan	9
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IG3 8TR have 2 people in household (36), and 3 people in household (29).

2 people in household	36
3 people in household	29
1 person in household	28
4 people in household	19
5 people in household	9
6 people in household	4
8 or more people in household	2
7 people in household	1
0 people in household	0