Housing Market Analysis for VILLAGE WAY, IG6 1RD

Are you looking to understand IG6 1RD 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 IG6 1RD area, explore the IG6 1RD Area information page.
For comprehensive crime statistics in the IG6 1RD area, explore the IG6 1RD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG6 1RD postcode area, The average prices are as follows,

  • Flat
    • The average price is around £172,500 median price is £172,500 Standard Deviation is £52,500 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 4, BEEHIVE HOUSE, 5 VILLAGE WAY: £225,000 (Sold on 17 Jun 2016)
    • The first recorded sale happened at this postcode is FLAT 2, BEEHIVE HOUSE, 5 VILLAGE WAY: £120,000 (Sold on 22 Jul 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average IG6 1RD 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
2016£225,000 £4,412 1
2005£120,0001

All the Sales in the VILLAGE WAY, IG6 1RD

See the table below for more details on the sold house prices in the IG6 1RD, Redbridge postcode.

AddressSold DatePrice% Change
FLAT 4, BEEHIVE HOUSE, 5 VILLAGE WAYFlat, LeaseholdArea: 51 Sq.mtrAge: 1900-192917 Jun 2016£225,000First Sale
FLAT 2, BEEHIVE HOUSE, 5 VILLAGE WAYFlat, Leasehold22 Jul 2005£120,000First Sale

Check out the sold house prices near the IG6 1RD postcode. Properties currently for saleProperties currently for rent

VILLAGE WAY, IG6 1RD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG6 1RD 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 IG6 1RD postcode.

  • Terraced
    • The average price is around £283,675 median price is £250,000 Standard Deviation is £154,949 with Total Sold: 1,281
    • The Last 5 Year average price is £521,100 with Total Sold: 174
    • The most recent sale happened at this postcode is , 19 BRANDVILLE GARDENS: £665,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 35 CRAVEN GARDENS: £67,500 (Sold on 10 Jan 1995)
  • Flat
    • The average price is around £210,210 median price is £199,972 Standard Deviation is £100,232 with Total Sold: 680
    • The Last 5 Year average price is £293,503 with Total Sold: 112
    • The most recent sale happened at this postcode is , 15 HIGH STREET: £270,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is 30, CARLTON COURT CRAVEN GARDENS: £48,500 (Sold on 08 Feb 1995)
  • Semi-Detached
    • The average price is around £284,068 median price is £250,000 Standard Deviation is £163,416 with Total Sold: 450
    • The Last 5 Year average price is £539,036 with Total Sold: 53
    • The most recent sale happened at this postcode is , 60 GREENLEAFE DRIVE: £575,000 (Sold on 17 Apr 2024)
    • The first recorded sale happened at this postcode is , 7 CRAVEN GARDENS: £69,000 (Sold on 10 Jan 1995)
  • Other
    • The average price is around £675,616 median price is £442,500 Standard Deviation is £1,171,346 with Total Sold: 36
    • The Last 5 Year average price is £584,101 with Total Sold: 19
    • The most recent sale happened at this postcode is , 74 HIGH STREET: £530,000 (Sold on 30 Aug 2023)
    • The first recorded sale happened at this postcode is , 8A HIGH STREET: £325,000 (Sold on 12 Nov 2013)
  • Detached
    • The average price is around £441,385 median price is £420,000 Standard Deviation is £250,901 with Total Sold: 75
    • The Last 5 Year average price is £740,700 with Total Sold: 10
    • The most recent sale happened at this postcode is , 51 ASHURST DRIVE: £815,000 (Sold on 16 Jun 2022)
    • The first recorded sale happened at this postcode is , 16 GEARIESVILLE GARDENS: £135,000 (Sold on 19 Dec 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£502,9147
2023£560,789 £5,606 19
2022£557,167 £5,659 27
2021£529,368 £4,837 53
2020£489,250 £4,996 28
2019£492,425 £4,922 40
2018£456,350 £5,325 27
2017£476,791 £4,660 43
2016£441,353 £4,424 41
2015£423,329 £4,118 35
2014£369,218 £3,654 59
2013£311,570 £3,346 39
2012£288,219 £3,069 32
2011£278,960 £3,018 29
2010£281,453 £2,825 37
2009£259,548 £2,637 31
2008£296,000 £2,659 30
2007£296,602 £2,942 63
2006£257,674 £2,499 55
2005£252,922 £2,446 45
2004£255,949 £2,296 64
2003£229,534 £2,259 69
2002£193,227 £1,925 67
2001£163,990 £1,656 66
2000£134,629 £1,433 34
1999£126,981 £1,293 57
1998£101,685 £1,479 41
1997£88,298 £949 51
1996£87,377 £925 52
1995£78,350 £791 40
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,607 £2,881 7
2023£290,500 £5,167 13
2022£298,819 £4,706 31
2021£331,059 £5,197 33
2020£230,275 £3,814 10
2019£265,583 £4,393 18
2018£348,137 £4,963 34
2017£317,328 £4,945 48
2016£267,751 £4,513 36
2015£248,529 £3,848 17
2014£220,502 £3,661 56
2013£212,531 £3,333 60
2012£173,417 £2,701 9
2011£206,006 £4,454 22
2010£166,357 £2,759 7
2009£164,925 £3,016 10
2008£194,708 £3,227 12
2007£188,796 £2,847 30
2006£163,500 £2,666 22
2005£153,278 £2,655 18
2004£162,922 £2,545 20
2003£149,237 £2,495 21
2002£159,246 £2,530 42
2001£97,842 £1,530 18
2000£82,319 £1,352 18
1999£74,292 £1,108 20
1998£64,589 £973 14
1997£64,115 £917 13
1996£59,008 £947 13
1995£57,569 £819 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£509,167 £5,181 6
2023£558,571 £5,535 7
2022£590,200 £5,443 10
2021£514,583 £5,380 6
2020£540,781 £4,944 16
2019£495,238 £5,420 8
2018£449,286 £5,457 7
2017£409,717 £4,215 9
2016£432,056 £4,396 9
2015£482,275 £4,017 20
2014£392,235 £3,543 17
2013£309,375 £3,219 12
2012£332,962 £3,111 13
2011£325,111 £3,101 9
2010£301,971 £2,692 17
2009£293,729 £2,774 12
2008£331,416 £3,077 12
2007£306,119 £3,106 21
2006£255,944 £2,759 18
2005£309,591 £2,986 11
2004£269,346 £2,511 30
2003£237,947 £2,075 19
2002£222,470 £1,813 26
2001£162,181 £1,632 22
2000£143,071 £1,360 14
1999£119,733 £1,253 27
1998£120,054 £1,103 22
1997£101,147 £927 18
1996£74,458 £769 12
1995£81,962 £832 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£590,000 £5,078 2
2022£485,667 £7,409 3
2021£481,1071
2020£789,237 £4,899 8
2019£333,1835
2018£367,286 £107 7
2017£406,250 £6,340 4
2016£850,000 £35,935 2
2015£243,000 £7,462 2
2014£6,517,2401
2013£325,000 £4,710 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,207,500 £8,049 2
2021£695,000 £6,128 4
2020£500,000 £5,952 1
2019£570,667 £4,702 3
2018£755,200 £5,633 5
2016£578,333 £4,377 6
2015£475,875 £4,000 8
2014£461,823 £3,655 15
2013£209,000 £2,658 2
2011£273,500 £3,188 2
2010£320,500 £2,640 1
2009£309,000 £3,394 2
2008£385,000 £2,655 1
2007£410,000 £1,667 2
2006£420,0001
2005£285,0001
2003£302,498 £2,826 2
2002£314,000 £1,443 3
2001£375,000 £1,556 1
2000£181,998 £2,176 3
1999£167,5002
1998£159,7502
1997£144,6673
1996£105,750 £902 2
1995£135,0001

House Type in IG6 1RD area

The most common house types in the IG6 1RD postcode area are Flat (90), Shared house (33), and Terraced (21).

Total174
Flat90
Shared house33
Terraced21
Semi-detached13
converted building10
Detached5
commercial building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (58), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan58
Owned: Owns outright35
Social rented: Other social rented30
Private rented: Private landlord or letting agency23
Shared ownership: Shared ownership20
Private rented: Other private rented5
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG6 1RD have 1 person in household (78), and 2 people in household (44).

1 person in household78
2 people in household44
4 people in household25
3 people in household23
5 people in household2
7 people in household2
8 or more people in household1
0 people in household0
6 people in household0