Housing Market Analysis for WELLWOOD ROAD, IG3 8TT

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

Overview of Sold House prices

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

Terraced
- The average price is around £240,895 median price is £232,000 Standard Deviation is £153,366 with Total Sold: 19
- The Last 5 Year average price is £698,000 with Total Sold: 1
- The most recent sale happened at this postcode is 43 WELLWOOD ROAD: £698,000 (Sold on 14 Jun 2021)
- The first recorded sale happened at this postcode is 43 WELLWOOD ROAD: £90,000 (Sold on 21 Dec 1995)
Flat
- The average price is around £143,769 median price is £135,000 Standard Deviation is £45,488 with Total Sold: 13
- The Last 5 Year average price is £220,000 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 3, 45 WELLWOOD ROAD: £190,000 (Sold on 20 Dec 2007)
- The first recorded sale happened at this postcode is FLAT 3, 45 WELLWOOD ROAD: £220,000 (Sold on 02 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8TT 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
2021	£698,000	£3,773	1
2016	£280,000	£1,958	1
2012	£395,000	£3,152	1
2010	£120,000		1
2008	£416,000	£1,809	1
2007	£415,000	£3,181	1
2006	£286,000		1
2003	£275,000		1
2002	£257,500	£2,108	2
2001	£188,333	£1,545	3
2000	£138,000	£965	1
1999	£87,500		1
1996	£98,833	£469	3
1995	£90,000	£486	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£190,000	£2,923	1
2006	£140,000	£3,349	2
2005	£127,750	£2,158	6
2003	£140,000		1
1997	£52,500		1
2024	£220,000	£4,587	2

All the Sales in the WELLWOOD ROAD, IG3 8TT

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

Address	Sold Date	Price	% Change
43 WELLWOOD ROADTerraced, FreeholdArea: 185 Sq.mtrAge: 1900-1929	14 Jun 2021	£698,000	675.56%
	21 Dec 1995	£90,000	First Sale
103 WELLWOOD ROADTerraced, FreeholdArea: 143 Sq.mtrAge: before 1900	21 Mar 2016	£280,000	102.90%
	15 Dec 2000	£138,000	105.97%
	18 Jun 1996	£67,000	First Sale
41 WELLWOOD ROADTerraced, FreeholdArea: 125.32 Sq.mtrAge: 1900-1929	12 Jul 2012	£395,000	First Sale
85 WELLWOOD ROADTerraced, Freehold	21 Jul 2010	£120,000	-58.04%
85 WELLWOOD ROADTerraced, Freehold	30 Nov 2006	£286,000	First Sale
61 WELLWOOD ROADTerraced, FreeholdArea: 230 Sq.mtrAge: 1900-1929	02 Jun 2008	£416,000	First Sale
FLAT 3, 45 WELLWOOD ROADFlat, LeaseholdArea: 65 Sq.mtrAge: 1900-1929	20 Dec 2007	£190,000	40.74%
	15 Dec 2005	£135,000	6.30%
	05 Dec 2005	£127,000	-42.27%
	02 Apr 2024	£220,000	First Sale
77 WELLWOOD ROADTerraced, FreeholdArea: 130.45 Sq.mtrAge: before 1900	13 Jul 2007	£415,000	50.91%
	22 Feb 2002	£275,000	18.53%
	04 Sep 2001	£232,000	First Sale
FLAT C, 63 WELLWOOD ROADFlat, Leasehold	09 Aug 2006	£160,000	First Sale
FLAT A, 63 WELLWOOD ROADFlat, LeaseholdArea: 35.83 Sq.mtrAge: 1900-1929	09 Aug 2006	£120,000	First Sale
45 WELLWOOD ROADFlat, Leasehold	16 Nov 2005	£131,000	First Sale
FLAT 2, 45 WELLWOOD ROADFlat, LeaseholdArea: 38 Sq.mtrAge: 1900-1929	25 Aug 2005	£110,000	10.00%
	15 Jun 2005	£100,000	-54.55%
	02 Apr 2024	£220,000	First Sale
FLAT 1, 45 WELLWOOD ROADFlat, LeaseholdArea: 132.48 Sq.mtrAge: 1900-1929	30 Mar 2005	£163,500	First Sale
FLAT 2, 47 WELLWOOD ROADFlat, Leasehold	09 Dec 2003	£140,000	First Sale
51 WELLWOOD ROADTerraced, Freehold	17 Feb 2003	£275,000	First Sale
63 WELLWOOD ROADTerraced, Freehold	25 Jan 2002	£240,000	123.26%
63 WELLWOOD ROADTerraced, Freehold	06 Aug 1996	£107,500	First Sale
59 WELLWOOD ROADTerraced, FreeholdArea: 154 Sq.mtrAge: 1900-1929	30 Mar 2001	£202,000	First Sale
93 WELLWOOD ROADTerraced, Freehold	08 Jan 2001	£131,000	First Sale
95 WELLWOOD ROADTerraced, Freehold	14 May 1999	£87,500	First Sale
FLAT 1, 47 WELLWOOD ROADFlat, Leasehold	30 May 1997	£52,500	First Sale
79 WELLWOOD ROADTerraced, Freehold	27 Nov 1996	£122,000	First Sale

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

WELLWOOD ROAD, IG3 8TT Near By properties

Interactive Map

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

Terraced
- The average price is around £229,571 median price is £220,000 Standard Deviation is £137,228 with Total Sold: 2,151
- The Last 5 Year average price is £460,032 with Total Sold: 234
- 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 £238,632 median price is £225,000 Standard Deviation is £140,995 with Total Sold: 255
- The Last 5 Year average price is £471,790 with Total Sold: 25
- 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 £125,454 median price is £124,995 Standard Deviation is £72,130 with Total Sold: 883
- The Last 5 Year average price is £234,707 with Total Sold: 73
- The most recent sale happened at this postcode is 9, THE COPPINS CHADWELL AVENUE: £280,000 (Sold on 12 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 £275,589 median price is £252,500 Standard Deviation is £159,295 with Total Sold: 56
- The Last 5 Year average price is £543,750 with Total Sold: 8
- 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 £578,554 median price is £403,000 Standard Deviation is £718,355 with Total Sold: 35
- The Last 5 Year average price is £728,056 with Total Sold: 20
- 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	£433,007	£4,742	15
2023	£500,407	£5,434	43
2022	£486,354	£5,165	41
2021	£453,538	£4,600	53
2020	£442,157	£4,516	35
2019	£429,390	£4,380	47
2018	£437,798	£4,293	42
2017	£437,275	£4,325	40
2016	£396,900	£3,987	55
2015	£330,965	£3,519	63
2014	£316,160	£3,280	48
2013	£280,156	£2,822	48
2012	£258,105	£2,688	38
2011	£266,722	£2,849	45
2010	£252,062	£2,705	56
2009	£244,288	£2,678	39
2008	£273,132	£2,775	49
2007	£267,663	£2,805	101
2006	£251,901	£2,542	115
2005	£238,543	£2,369	91
2004	£231,990	£2,456	108
2003	£208,450	£2,327	117
2002	£168,712	£1,834	134
2001	£136,215	£1,448	119
2000	£121,444	£1,277	101
1999	£103,591	£1,096	110
1998	£85,766	£920	112
1997	£79,318	£849	109
1996	£70,785	£710	81
1995	£67,975	£654	96

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£555,000	£3,735	2
2023	£504,333	£5,953	3
2022	£534,750	£5,337	4
2021	£533,333	£9,368	3
2020	£430,475	£4,452	6
2019	£407,129	£4,416	7
2018	£399,600	£3,104	5
2017	£441,667	£3,762	3
2016	£451,254	£5,117	6
2015	£362,111	£3,743	9
2014	£339,731	£3,068	8
2013	£265,857	£2,878	7
2012	£253,071	£2,921	7
2011	£299,999	£2,645	4
2010	£225,833	£2,954	3
2009	£310,000	£2,403	5
2008	£300,200	£3,912	5
2007	£333,439	£2,460	9
2006	£244,722	£2,967	9
2005	£241,286	£2,824	14
2004	£241,611	£2,540	18
2003	£223,646	£2,522	17
2002	£195,272	£1,711	11
2001	£151,105	£1,797	19
2000	£119,734	£1,179	19
1999	£133,574	£968	10
1998	£97,600	£1,101	5
1997	£79,800	£693	10
1996	£66,202	£693	14
1995	£70,238	£715	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£213,000	£3,928	6
2023	£219,778	£4,266	9
2022	£272,889	£5,451	18
2021	£246,294	£4,468	14
2020	£210,727	£4,513	11
2019	£213,300	£4,307	15
2018	£239,771	£5,004	24
2017	£228,095	£4,102	21
2016	£205,457	£4,081	23
2015	£176,500	£3,581	21
2014	£171,476	£3,462	23
2013	£150,243	£2,718	14
2012	£143,288	£2,872	12
2011	£153,893	£2,763	7
2010	£154,000	£2,499	9
2009	£145,987	£2,811	58
2008	£177,683	£3,318	30
2007	£161,763	£3,168	39
2006	£146,047	£2,859	32
2005	£134,939	£2,563	53
2004	£132,360	£2,669	31
2003	£123,539	£2,238	56
2002	£98,605	£1,898	57
2001	£69,301	£1,273	37
2000	£62,348	£1,223	75
1999	£54,054	£1,108	37
1998	£46,968	£936	40
1997	£46,661	£842	50
1996	£40,181	£822	37
1995	£38,479	£695	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,000	£3,113	1
2021	£610,000	£4,960	5
2020	£435,000	£3,377	1
2019	£535,000	£5,844	1
2018	£394,000	£3,456	1
2015	£439,000	£3,776	2
2014	£383,000	£3,920	4
2013	£309,667	£2,713	3
2011	£296,167	£2,905	3
2007	£310,000		1
2006	£267,700	£2,870	5
2005	£261,000		2
2002	£336,249		4
2001	£155,498	£1,562	2
2000	£153,750	£1,614	4
1999	£173,500	£1,301	2
1998	£142,500		2
1997	£131,750		2
1996	£115,375	£916	4
1995	£94,714	£975	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£365,833	£870	3
2022	£1,037,938	£2,351	6
2021	£248,375	£4,970	4
2020	£1,200,700		5
2019	£119,500		2
2018	£290,000	£4,945	3
2017	£496,875	£4,198	6
2016	£363,400	£4,478	5
2011	£20,000		1

House Type in IG3 8TT area

The most common house types in the IG3 8TT postcode area are Terraced (55), Semi-detached (23), and Shared house (21).

Total	119
Terraced	55
Semi-detached	23
Shared house	21
Detached	10
Flat	8
converted building	2
commercial building	0
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 (42), and Owned: Owns outright (38).

Private rented: Private landlord or letting agency	42
Owned: Owns outright	38
Owned: Owns with a mortgage or loan	24
Private rented: Other private rented	8
Social rented: Rents from council or Local Authority	5
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 8TT have 3 people in household (33), and 4 people in household (25).

3 people in household	33
4 people in household	25
1 person in household	17
5 people in household	16
2 people in household	14
6 people in household	8
8 or more people in household	5
7 people in household	1
0 people in household	0