Housing Market Analysis for HOVETON WAY, IG6 2GP

Are you looking to understand IG6 2GP 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 2GP area, explore the IG6 2GP Area information page.
For comprehensive crime statistics in the IG6 2GP area, explore the IG6 2GP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG6 2GP postcode area, The average prices are as follows,

Detached
- The average price is around £445,444 median price is £389,950 Standard Deviation is £144,080 with Total Sold: 43
- The Last 5 Year average price is £710,699 with Total Sold: 5
- The most recent sale happened at this postcode is 11 HOVETON WAY: £710,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is 3 HOVETON WAY: £266,950 (Sold on 13 Oct 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IG6 2GP 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£710,000	£5,182	1
2023	£670,000	£5,064	1
2022	£710,498	£4,626	2
2020	£752,500	£4,617	1
2019	£645,000	£4,748	2
2017	£600,000	£4,380	1
2015	£586,500	£4,385	2
2014	£566,667	£4,032	3
2012	£495,000	£2,735	1
2011	£402,500	£3,187	2
2009	£452,500	£3,620	1
2008	£470,000	£3,507	1
2007	£428,000		1
2006	£415,000	£3,504	2
2005	£416,250	£3,574	2
2003	£384,967	£3,011	3
2002	£326,161	£2,610	12
2001	£308,283	£2,087	3
2000	£265,450		2

All the Sales in the HOVETON WAY, IG6 2GP

See the table below for more details on the sold house prices in the IG6 2GP, Redbridge postcode.

Address	Sold Date	Price	% Change
11 HOVETON WAYDetached, FreeholdArea: 137 Sq.mtrAge: 2003-2006	29 Feb 2024	£710,000	18.33%
	09 Oct 2017	£600,000	9.09%
	15 Sep 2014	£550,000	50.68%
	13 Nov 2003	£365,000	19.67%
	14 Oct 2002	£305,000	First Sale
7 HOVETON WAYDetached, FreeholdArea: 132.3 Sq.mtrAge: 1996-2002	04 Apr 2023	£670,000	112.06%
	26 Jul 2002	£315,950	First Sale
8 HOVETON WAYDetached, FreeholdArea: 128.54 Sq.mtrAge: 1996-2002	19 Aug 2022	£621,000	32.13%
	16 Jan 2008	£470,000	17.51%
	26 Sep 2003	£399,950	First Sale
4 HOVETON WAYDetached, FreeholdArea: 181 Sq.mtrAge: 1996-2002	16 Aug 2022	£799,995	61.62%
	25 Jul 2012	£495,000	67.83%
	20 Apr 2001	£294,950	First Sale
2 HOVETON WAYDetached, FreeholdArea: 163 Sq.mtrAge: 2003-2006	02 Mar 2020	£752,500	150.88%
	12 Apr 2001	£299,950	First Sale
10 HOVETON WAYDetached, FreeholdArea: 132 Sq.mtrAge: 1996-2002	30 Sep 2019	£650,000	12.46%
	17 Feb 2015	£578,000	25.65%
	23 Nov 2006	£460,000	17.96%
	01 Aug 2003	£389,950	First Sale
25 HOVETON WAYDetached, FreeholdArea: 140 Sq.mtrAge: 1996-2002	03 Sep 2019	£640,000	107.79%
	29 Oct 2002	£308,000	First Sale
6 HOVETON WAYDetached, FreeholdArea: 135.52 Sq.mtrAge: 1996-2002	24 Jul 2015	£595,000	80.33%
	14 Sep 2001	£329,950	First Sale
9 HOVETON WAYDetached, FreeholdArea: 134 Sq.mtrAge: 1996-2002	19 Sep 2014	£555,000	71.35%
	30 Sep 2002	£323,901	First Sale
17 HOVETON WAYDetached, FreeholdArea: 151 Sq.mtrAge: 1996-2002	28 May 2014	£595,000	78.68%
	28 Nov 2002	£333,000	First Sale
21 HOVETON WAYDetached, FreeholdArea: 128 Sq.mtrAge: 1996-2002	30 Sep 2011	£350,000	-23.50%
	15 Feb 2005	£457,500	27.10%
	15 Nov 2002	£359,950	First Sale
27 HOVETON WAYDetached, FreeholdArea: 125 Sq.mtrAge: 1996-2002	22 Feb 2011	£455,000	0.55%
	16 Nov 2009	£452,500	25.71%
	04 Oct 2002	£359,950	First Sale
13 HOVETON WAYDetached, Freehold	26 Mar 2007	£428,000	38.34%
13 HOVETON WAYDetached, Freehold	26 Sep 2002	£309,381	First Sale
5 HOVETON WAYDetached, FreeholdArea: 105 Sq.mtrAge: 2003-2006	15 Mar 2006	£370,000	20.15%
	26 Jul 2002	£307,950	First Sale
23 HOVETON WAYDetached, Freehold	13 Jan 2005	£375,000	17.57%
23 HOVETON WAYDetached, Freehold	28 Oct 2002	£318,950	First Sale
19 HOVETON WAYDetached, Freehold	29 Nov 2002	£318,950	First Sale
15 HOVETON WAYDetached, Freehold	26 Sep 2002	£352,950	First Sale
1 HOVETON WAYDetached, Freehold	13 Oct 2000	£263,950	First Sale
3 HOVETON WAYDetached, Freehold	13 Oct 2000	£266,950	First Sale

Check out the sold house prices near the IG6 2GP postcode. Properties currently for saleProperties currently for rent

HOVETON WAY, IG6 2GP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG6 2GP 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 2GP postcode.

Flat
- The average price is around £199,862 median price is £156,000 Standard Deviation is £150,954 with Total Sold: 769
- The Last 5 Year average price is £319,838 with Total Sold: 53
- The most recent sale happened at this postcode is , 99 TOMSWOOD HILL: £306,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 296A FULLWELL AVENUE: £31,500 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £293,713 median price is £265,000 Standard Deviation is £151,750 with Total Sold: 974
- The Last 5 Year average price is £510,861 with Total Sold: 140
- The most recent sale happened at this postcode is , 44 BRUNSWICK GARDENS: £380,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 40 ARAGON DRIVE: £85,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £260,701 median price is £245,000 Standard Deviation is £133,773 with Total Sold: 1,247
- The Last 5 Year average price is £473,569 with Total Sold: 124
- The most recent sale happened at this postcode is , 29 CAERNARVON DRIVE: £415,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 46 HANOVER GARDENS: £79,000 (Sold on 23 Feb 1995)
Detached
- The average price is around £417,617 median price is £379,950 Standard Deviation is £179,774 with Total Sold: 303
- The Last 5 Year average price is £723,409 with Total Sold: 22
- The most recent sale happened at this postcode is , 23 STALHAM WAY: £800,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 140 TOMSWOOD HILL: £105,000 (Sold on 26 Jan 1995)
Other
- The average price is around £116,538 median price is £50,000 Standard Deviation is £120,202 with Total Sold: 13
- The Last 5 Year average price is £97,929 with Total Sold: 7
- The most recent sale happened at this postcode is , 302 FULLWELL AVENUE: £14,000 (Sold on 21 Apr 2022)
- The first recorded sale happened at this postcode is , 1A PENHURST ROAD: £50,000 (Sold on 26 Jun 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£474,000	£5,774	5
2023	£281,305	£4,237	11
2022	£340,767	£6,096	19
2021	£265,864	£5,707	11
2020	£298,286	£5,136	7
2019	£258,857	£4,875	14
2018	£337,412	£5,451	17
2017	£360,891	£4,974	23
2016	£376,750	£4,571	18
2015	£263,340	£4,581	25
2014	£326,429	£3,714	21
2013	£235,180	£3,567	25
2012	£228,773	£3,591	11
2011	£240,979	£3,366	15
2010	£257,480	£3,583	25
2009	£192,616	£3,072	14
2008	£195,389	£2,637	9
2007	£232,206	£3,436	54
2006	£205,951	£3,089	31
2005	£191,408	£2,920	35
2004	£191,876	£3,861	39
2003	£227,182	£2,916	54
2002	£219,606	£2,497	81
2001	£81,817	£1,768	34
2000	£75,873	£1,612	32
1999	£70,271	£1,399	33
1998	£58,364	£1,258	33
1997	£51,370	£1,027	31
1996	£42,830	£934	22
1995	£40,372	£923	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£528,333	£7,236	6
2023	£536,445	£5,840	22
2022	£532,318	£5,965	41
2021	£507,453	£5,494	42
2020	£462,440	£5,110	29
2019	£454,482	£4,776	28
2018	£465,389	£5,075	18
2017	£433,448	£4,915	29
2016	£430,871	£4,699	31
2015	£403,719	£4,115	32
2014	£348,105	£3,644	38
2013	£299,419	£3,295	31
2012	£299,583	£3,384	30
2011	£297,840	£3,580	25
2010	£285,400	£3,115	20
2009	£257,380	£3,122	22
2008	£303,109	£3,198	23
2007	£297,472	£3,012	37
2006	£258,652	£2,676	48
2005	£244,192	£2,673	26
2004	£276,449	£2,955	56
2003	£256,136	£2,531	53
2002	£201,378	£2,344	55
2001	£162,584	£1,788	47
2000	£135,643	£1,613	38
1999	£112,695	£1,370	42
1998	£111,832	£1,124	32
1997	£92,041	£970	29
1996	£83,333	£929	27
1995	£81,926	£836	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£472,091	£5,411	11
2023	£481,114	£5,621	22
2022	£498,780	£6,515	25
2021	£473,869	£5,262	45
2020	£435,786	£5,259	21
2019	£450,729	£4,917	35
2018	£440,891	£5,265	33
2017	£421,926	£5,244	34
2016	£402,866	£4,726	37
2015	£351,476	£4,163	31
2014	£315,787	£3,911	41
2013	£269,871	£3,147	39
2012	£240,038	£3,072	26
2011	£255,807	£3,274	22
2010	£258,675	£3,190	20
2009	£242,175	£3,038	29
2008	£280,532	£3,230	43
2007	£297,218	£3,089	113
2006	£245,346	£2,934	76
2005	£230,749	£2,875	41
2004	£220,884	£2,810	51
2003	£213,694	£2,604	75
2002	£180,642	£2,384	77
2001	£161,913	£2,153	68
2000	£129,312	£1,741	65
1999	£104,513	£1,330	36
1998	£85,785	£1,137	31
1997	£82,944	£1,020	43
1996	£72,935	£880	34
1995	£66,161	£750	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£728,667	£5,182	3
2023	£707,500	£5,193	2
2022	£807,249	£5,707	4
2021	£823,750	£5,653	6
2020	£591,786	£4,328	7
2019	£683,438	£5,131	8
2018	£671,000	£5,294	3
2017	£645,000	£4,841	8
2016	£534,999	£6,429	5
2015	£478,091	£4,718	11
2014	£566,000	£4,175	5
2013	£488,568	£3,932	9
2012	£423,850	£3,345	10
2011	£453,929	£3,513	7
2010	£488,167	£3,759	9
2009	£513,562	£3,456	8
2008	£451,300	£4,192	5
2007	£421,929	£3,592	14
2006	£392,968	£3,264	17
2005	£381,927	£2,719	11
2004	£412,123	£3,320	15
2003	£472,516	£3,343	24
2002	£318,350	£2,669	45
2001	£307,976	£2,539	29
2000	£274,138	£2,608	12
1999	£175,167	£1,623	6
1998	£163,600	£1,978	5
1997	£130,825	£1,217	6
1996	£110,500	£1,342	3
1995	£133,958	£1,419	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£14,000	£412	1
2021	£9,750	£222	2
2020	£163,000	£1,058	4
2018	£273,250	£5,621	2
2017	£77,667	£1,948	3
2015	£50,000	£610	1

House Type in IG6 2GP area

The most common house types in the IG6 2GP postcode area are Detached (68), Semi-detached (11), and Terraced (5).

Total	87
Detached	68
Semi-detached	11
Terraced	5
Flat	1
Shared house	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (51), and Owned: Owns outright (24).

Owned: Owns with a mortgage or loan	51
Owned: Owns outright	24
Private rented: Private landlord or letting agency	9
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IG6 2GP have 4 people in household (29), and 2 people in household (26).

4 people in household	29
2 people in household	26
3 people in household	14
1 person in household	10
5 people in household	5
8 or more people in household	2
6 people in household	1
7 people in household	1
0 people in household	0