Housing Market Analysis for VILLAGE WAY, IG6 1RE

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £186,000 median price is £213,750 Standard Deviation is £39,445 with Total Sold: 5
    • The Last 5 Year average price is £176,250 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 4, JESSAMINE & MIGNONETTE HOUSE, 7 VILLAGE WAY: £127,500 (Sold on 20 Apr 2021)
    • The first recorded sale happened at this postcode is FLAT 3, JESSAMINE & MIGNONETTE HOUSE, 7 VILLAGE WAY: £150,000 (Sold on 18 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IG6 1RE 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£127,500 £2,602 1
2020£213,750 £3,420 2
2016£225,000 £3,738 1
2023£150,0001

All the Sales in the VILLAGE WAY, IG6 1RE

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

AddressSold DatePrice% Change
FLAT 4, JESSAMINE & MIGNONETTE HOUSE, 7 VILLAGE WAYFlat, LeaseholdArea: 49 Sq.mtrAge: 1900-192920 Apr 2021£127,500First Sale
FLAT 1, JESSAMINE & MIGNONETTE HOUSE, 7 VILLAGE WAYFlat, LeaseholdArea: 65 Sq.mtrAge: before 190018 Feb 2020£213,750First Sale
FLAT 3, JESSAMINE & MIGNONETTE HOUSE, 7 VILLAGE WAYFlat, LeaseholdArea: 60.2 Sq.mtrAge: before 190018 Feb 2020£213,750-5.00%
26 Oct 2016£225,00050.00%
18 Dec 2023£150,000First Sale

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

VILLAGE WAY, IG6 1RE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £284,882 median price is £250,000 Standard Deviation is £155,122 with Total Sold: 1,284
    • The Last 5 Year average price is £522,082 with Total Sold: 176
    • 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 £285,503 median price is £250,000 Standard Deviation is £162,373 with Total Sold: 458
    • The Last 5 Year average price is £538,690 with Total Sold: 52
    • 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 £442,214 median price is £430,000 Standard Deviation is £252,489 with Total Sold: 74
    • 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£518,1758
2023£560,789 £5,606 19
2022£558,339 £5,670 28
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£426,439 £4,081 33
2014£369,114 £3,645 60
2013£312,906 £3,342 40
2012£291,706 £3,080 34
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£260,265 £2,527 55
2005£252,922 £2,446 45
2004£258,104 £2,296 65
2003£230,469 £2,259 70
2002£193,227 £1,925 67
2001£164,052 £1,643 65
2000£134,629 £1,433 34
1999£127,320 £1,293 56
1998£101,685 £1,479 41
1997£88,298 £949 51
1996£87,858 £918 52
1995£78,231 £791 39
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£560,000 £5,166 6
2022£590,200 £5,443 10
2021£514,583 £5,380 6
2020£546,500 £4,952 15
2019£489,989 £5,357 9
2018£454,375 £5,292 8
2017£423,745 £4,271 10
2016£432,056 £4,396 9
2015£473,841 £3,998 22
2014£398,411 £3,506 17
2013£309,375 £3,219 12
2012£333,464 £3,187 14
2011£317,600 £3,088 10
2010£301,971 £2,692 17
2009£290,558 £2,728 13
2008£332,846 £3,093 13
2007£306,272 £3,069 22
2006£255,944 £2,759 18
2005£302,653 £2,915 13
2004£268,818 £2,511 28
2003£237,947 £2,075 19
2002£222,470 £1,813 26
2001£161,869 £1,606 23
2000£143,071 £1,360 14
1999£120,455 £1,229 27
1998£122,010 £1,101 20
1997£101,718 £929 19
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£467,668 £3,675 14
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 1RE area

The most common house types in the IG6 1RE 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 1RE 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