Housing Market Analysis for WELLWOOD ROAD, IG3 8TX

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £122,160 median price is £110,000 Standard Deviation is £59,409 with Total Sold: 25
    • The Last 5 Year average price is £260,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 14, WELLMEAD WELLWOOD ROAD: £260,000 (Sold on 11 Mar 2021)
    • The first recorded sale happened at this postcode is 11, WELLMEAD WELLWOOD ROAD: £45,000 (Sold on 24 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8TX 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£260,000 £3,881 1
2017£200,000 £3,030 1
2016£230,000 £2,738 1
2011£157,000 £1,938 1
2008£167,500 £2,463 1
2007£178,667 £2,643 3
2005£155,000 £2,385 1
2004£145,000 £2,231 1
2002£112,198 £1,454 5
2001£80,000 £1,212 1
2000£78,650 £1,210 3
1999£69,025 £1,022 2
1998£49,000 £726 1
1997£51,000 £785 1
1996£43,500 £649 1
1995£45,000 £559 1

All the Sales in the WELLWOOD ROAD, IG3 8TX

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

AddressSold DatePrice% Change
14, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 67 Sq.mtrAge: 1967-197511 Mar 2021£260,000497.70%
26 Jan 1996£43,500First Sale
9, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 1950-196601 Feb 2017£200,00053.85%
20 Sep 2002£129,99562.49%
26 Jan 2001£80,000First Sale
8, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 84 Sq.mtrAge: 1950-196613 May 2016£230,000139.58%
25 Jun 2002£96,000First Sale
2, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 81 Sq.mtrAge: 1950-196620 May 2011£157,000First Sale
7, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 68 Sq.mtrAge: 1950-196617 Jul 2008£167,500First Sale
5, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 1967-197501 Aug 2007£186,000First Sale
3, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-196627 Jul 2007£180,000125.14%
29 Aug 2000£79,950First Sale
4, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-196623 Mar 2007£170,000137.60%
17 Dec 1999£71,550First Sale
1, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-196607 Feb 2005£155,00082.35%
07 Aug 2000£85,00019.72%
10 Mar 2000£71,00039.22%
31 Jul 1997£51,000First Sale
15, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-196611 Jun 2004£145,000First Sale
11, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 80.53 Sq.mtrAge: 1967-197513 Sep 2002£120,00014.29%
31 May 2002£104,995-4.55%
31 May 2002£110,000144.44%
24 Jan 1995£45,000First Sale
12, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 1950-196610 Dec 1999£66,500First Sale
16, WELLMEAD WELLWOOD ROADFlat, LeaseholdArea: 67.5 Sq.mtrAge: 1967-197529 Apr 1998£49,000First Sale

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

WELLWOOD ROAD, IG3 8TX Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £230,514 median price is £220,000 Standard Deviation is £137,905 with Total Sold: 2,174
    • The Last 5 Year average price is £469,469 with Total Sold: 190
    • 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 £238,900 median price is £225,000 Standard Deviation is £141,883 with Total Sold: 258
    • The Last 5 Year average price is £499,729 with Total Sold: 19
    • 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 £120,846 median price is £120,000 Standard Deviation is £70,482 with Total Sold: 1,084
    • The Last 5 Year average price is £236,802 with Total Sold: 65
    • 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 £545,000 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 £596,699 median price is £401,500 Standard Deviation is £687,362 with Total Sold: 42
    • The Last 5 Year average price is £808,606 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£433,007 £4,742 15
2023£500,407 £5,434 43
2022£490,256 £5,154 41
2021£455,827 £4,620 55
2020£444,875 £4,498 36
2019£429,390 £4,380 47
2018£440,600 £4,291 45
2017£437,275 £4,325 40
2016£396,900 £3,987 55
2015£332,325 £3,504 64
2014£315,994 £3,283 51
2013£281,071 £2,810 49
2012£259,389 £2,669 36
2011£268,278 £2,848 45
2010£254,717 £2,710 58
2009£244,288 £2,678 39
2008£273,410 £2,751 50
2007£270,572 £2,791 103
2006£253,797 £2,575 113
2005£238,693 £2,359 93
2004£232,454 £2,444 109
2003£208,134 £2,313 117
2002£168,769 £1,802 132
2001£135,867 £1,438 123
2000£121,341 £1,270 102
1999£104,111 £1,093 108
1998£86,160 £923 111
1997£79,474 £848 111
1996£70,846 £708 84
1995£67,559 £644 99
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£555,000 £3,735 2
2023£515,750 £5,660 4
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£345,406 £3,113 7
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£244,867 £2,718 15
2004£241,611 £2,540 18
2003£223,646 £2,522 17
2002£195,272 £1,711 11
2001£149,550 £1,797 20
2000£119,747 £1,179 20
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£213,444 £3,928 9
2023£219,222 £4,495 9
2022£264,850 £5,602 20
2021£247,207 £4,517 15
2020£207,750 £4,434 12
2019£211,062 £4,351 16
2018£235,750 £5,010 26
2017£219,648 £4,180 27
2016£218,648 £4,079 27
2015£168,600 £3,562 25
2014£165,536 £3,418 26
2013£148,893 £2,736 15
2012£141,496 £2,843 13
2011£145,800 £2,830 9
2010£146,769 £2,663 13
2009£145,293 £2,799 59
2008£172,391 £3,408 37
2007£155,448 £3,289 53
2006£145,366 £2,967 41
2005£133,896 £2,596 60
2004£130,272 £2,737 41
2003£120,163 £2,317 70
2002£96,555 £2,019 75
2001£69,942 £1,380 49
2000£61,130 £1,268 98
1999£53,027 £1,125 52
1998£46,018 £964 54
1997£45,254 £885 63
1996£39,826 £838 42
1995£38,981 £736 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£310,0001
2006£267,700 £2,870 5
2005£261,0002
2002£336,2494
2001£155,498 £1,562 2
2000£153,750 £1,614 4
1999£173,500 £1,301 2
1998£142,5002
1997£131,7502
1996£115,375 £916 4
1995£94,714 £975 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£365,833 £870 3
2022£925,376 £2,351 7
2021£518,700 £4,970 5
2020£1,200,7005
2019£568,5004
2018£290,000 £4,945 3
2017£440,656 £4,198 8
2016£366,666 £3,712 6
2011£20,0001

House Type in IG3 8TX area

The most common house types in the IG3 8TX postcode area are Flat (33), Shared house (22), and Terraced (17).

Total82
Flat33
Shared house22
Terraced17
Semi-detached7
commercial building2
Detached1
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 (43), and Owned: Owns outright (14).

Private rented: Private landlord or letting agency43
Owned: Owns outright14
Owned: Owns with a mortgage or loan11
Social rented: Other social rented6
Social rented: Rents from council or Local Authority4
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG3 8TX have 1 person in household (23), and 4 people in household (19).

1 person in household23
4 people in household19
2 people in household16
3 people in household13
5 people in household5
6 people in household4
8 or more people in household2
0 people in household0
7 people in household0