Housing Market Analysis for COVERT ROAD, IG6 3AZ

Are you looking to understand IG6 3AZ 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 3AZ area, explore the IG6 3AZ Area information page.
For comprehensive crime statistics in the IG6 3AZ area, explore the IG6 3AZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG6 3AZ postcode area, The average prices are as follows,

Flat
- The average price is around £138,562 median price is £127,498 Standard Deviation is £65,135 with Total Sold: 8
- The Last 5 Year average price is £223,000 with Total Sold: 2
- The most recent sale happened at this postcode is 31 COVERT ROAD: £220,000 (Sold on 10 Mar 2023)
- The first recorded sale happened at this postcode is 23 COVERT ROAD: £44,000 (Sold on 24 Jun 1998)
Terraced
- The average price is around £213,885 median price is £209,000 Standard Deviation is £107,008 with Total Sold: 21
- The Last 5 Year average price is £363,875 with Total Sold: 4
- The most recent sale happened at this postcode is 1E COVERT ROAD: £410,000 (Sold on 12 Oct 2022)
- The first recorded sale happened at this postcode is 59 COVERT ROAD: £76,000 (Sold on 30 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IG6 3AZ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£220,000	£4,681	1
2021	£226,000	£4,708	1
2017	£101,000	£2,149	1
2015	£197,000	£4,104	1
2008	£140,000	£2,917	1
2003	£114,995	£2,396	1
2001	£65,500	£1,365	1
1998	£44,000	£917	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£410,000	£7,069	1
2021	£358,000	£3,978	1
2020	£350,000	£5,872	1
2019	£337,500	£5,625	1
2017	£311,000	£5,202	2
2016	£274,000	£3,044	1
2015	£320,000	£3,855	1
2014	£231,000	£2,888	1
2012	£209,000	£3,507	1
2007	£193,498	£1,933	2
2004	£164,000		1
2003	£160,000	£2,685	1
2002	£116,833	£1,529	3
2001	£95,100		1
1999	£73,500	£826	1
1998	£75,000	£914	2

All the Sales in the COVERT ROAD, IG6 3AZ

See the table below for more details on the sold house prices in the IG6 3AZ, Redbridge postcode.

Address	Sold Date	Price	% Change
31 COVERT ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1950-1966	10 Mar 2023	£220,000	117.82%
31 COVERT ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1950-1966	19 Jun 2017	£101,000	First Sale
1E COVERT ROADTerraced, FreeholdArea: 58 Sq.mtrAge: 1983-1990	12 Oct 2022	£410,000	First Sale
41 COVERT ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	21 Oct 2021	£358,000	First Sale
23 COVERT ROADFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	05 Aug 2021	£226,000	14.72%
	06 Nov 2015	£197,000	40.71%
	28 Apr 2008	£140,000	21.74%
	24 Oct 2003	£114,995	75.56%
	06 Apr 2001	£65,500	48.86%
	24 Jun 1998	£44,000	First Sale
1F COVERT ROADTerraced, FreeholdArea: 59.6 Sq.mtrAge: 1991-1995	02 Apr 2020	£350,000	3.86%
	12 Jan 2017	£337,000	61.24%
	27 Apr 2012	£209,000	30.62%
	20 Aug 2003	£160,000	First Sale
1D COVERT ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1991-1995	16 Oct 2019	£337,500	18.42%
	03 Nov 2017	£285,000	First Sale
39 COVERT ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	07 Oct 2016	£274,000	First Sale
11 COVERT ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1967-1975	27 Aug 2015	£320,000	First Sale
57 COVERT ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1976-1982	12 Dec 2014	£231,000	First Sale
9 COVERT ROADTerraced, Freehold	31 Aug 2007	£214,995	First Sale
37 COVERT ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1950-1966	09 Mar 2007	£172,000	134.01%
	07 Jun 1999	£73,500	First Sale
55 COVERT ROADTerraced, Freehold	24 Aug 2004	£164,000	First Sale
33 COVERT ROADTerraced, Freehold	18 Dec 2002	£152,500	First Sale
7 COVERT ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	19 Jul 2002	£133,000	First Sale
1C COVERT ROADTerraced, Leasehold	28 Mar 2002	£65,000	First Sale
59 COVERT ROADTerraced, Freehold	04 Apr 2001	£95,100	25.13%
59 COVERT ROADTerraced, Freehold	30 Jul 1998	£76,000	First Sale
69 COVERT ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1976-1982	21 Dec 1998	£74,000	First Sale

Check out the sold house prices near the IG6 3AZ postcode. Properties currently for saleProperties currently for rent

COVERT ROAD, IG6 3AZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG6 3AZ 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 3AZ postcode.

Flat
- The average price is around £146,564 median price is £140,000 Standard Deviation is £77,630 with Total Sold: 593
- The Last 5 Year average price is £252,969 with Total Sold: 75
- The most recent sale happened at this postcode is , 75 MANFORD WAY: £240,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 16 KIRBY CLOSE: £45,000 (Sold on 31 Mar 1995)
Terraced
- The average price is around £212,988 median price is £193,000 Standard Deviation is £116,635 with Total Sold: 1,893
- The Last 5 Year average price is £395,806 with Total Sold: 256
- The most recent sale happened at this postcode is , 1 CYPRESS GROVE: £490,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 34 HAZELWOOD PARK CLOSE: £64,500 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £235,938 median price is £215,000 Standard Deviation is £130,805 with Total Sold: 852
- The Last 5 Year average price is £446,858 with Total Sold: 138
- The most recent sale happened at this postcode is , 25 RAVENOAK WAY: £446,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 36 STOKE AVENUE: £61,500 (Sold on 31 Jan 1995)
Other
- The average price is around £641,636 median price is £140,000 Standard Deviation is £1,629,623 with Total Sold: 25
- The Last 5 Year average price is £1,798,474 with Total Sold: 8
- The most recent sale happened at this postcode is , 212 NEW NORTH ROAD: £270,000 (Sold on 28 May 2024)
- The first recorded sale happened at this postcode is , 182A MANFORD WAY: £159,000 (Sold on 03 Sep 2015)
Detached
- The average price is around £309,036 median price is £285,000 Standard Deviation is £164,998 with Total Sold: 81
- The Last 5 Year average price is £568,688 with Total Sold: 13
- The most recent sale happened at this postcode is , 390 NEW NORTH ROAD: £600,000 (Sold on 18 Apr 2023)
- The first recorded sale happened at this postcode is , 11 ROVER AVENUE: £115,000 (Sold on 28 Jun 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,333		3
2023	£242,000	£4,825	12
2022	£240,770	£4,290	18
2021	£272,262	£5,057	21
2020	£247,668	£4,567	11
2019	£254,800	£5,009	10
2018	£250,235	£4,743	17
2017	£238,117	£4,299	18
2016	£246,429	£4,446	14
2015	£205,630	£3,885	23
2014	£173,120	£3,163	25
2013	£155,625	£2,889	16
2012	£150,874	£2,892	12
2011	£164,528	£2,403	9
2010	£151,375	£2,728	4
2009	£129,179	£2,326	14
2008	£148,609	£2,814	11
2007	£172,704	£2,899	33
2006	£148,120	£2,775	25
2005	£148,796	£2,816	38
2004	£151,290	£2,662	31
2003	£137,758	£2,527	31
2002	£106,575	£2,145	33
2001	£74,127	£1,463	26
2000	£66,074	£1,338	16
1999	£69,222	£1,244	39
1998	£51,270	£1,049	32
1997	£43,187	£795	20
1996	£42,824	£872	21
1995	£44,025	£786	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£432,434	£6,079	17
2023	£418,331	£5,387	29
2022	£414,417	£5,834	54
2021	£392,302	£5,043	77
2020	£377,949	£4,773	47
2019	£359,187	£4,951	32
2018	£354,155	£4,808	54
2017	£374,075	£4,809	55
2016	£352,377	£4,318	61
2015	£299,492	£3,818	59
2014	£275,176	£3,396	54
2013	£234,819	£2,997	61
2012	£214,561	£2,960	38
2011	£208,980	£3,037	46
2010	£209,472	£2,807	36
2009	£205,194	£2,524	49
2008	£230,052	£2,815	40
2007	£228,952	£2,904	93
2006	£201,342	£2,666	109
2005	£190,983	£2,420	76
2004	£180,061	£2,397	83
2003	£175,146	£2,192	84
2002	£145,573	£1,941	95
2001	£123,704	£1,646	85
2000	£105,749	£1,485	86
1999	£91,031	£1,280	101
1998	£81,810	£1,078	82
1997	£69,335	£973	67
1996	£65,067	£894	74
1995	£61,992	£848	49

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£469,455	£6,167	11
2023	£489,533	£5,546	30
2022	£471,457	£5,898	17
2021	£439,414	£5,447	33
2020	£403,600	£5,158	20
2019	£415,889	£4,579	27
2018	£387,491	£4,619	22
2017	£401,319	£4,986	16
2016	£387,697	£4,934	18
2015	£309,307	£3,880	22
2014	£277,123	£3,425	32
2013	£256,679	£3,118	22
2012	£236,820	£2,993	18
2011	£228,750	£2,815	20
2010	£219,152	£2,801	23
2009	£225,945	£2,535	20
2008	£255,250	£2,631	14
2007	£243,703	£2,650	43
2006	£221,806	£2,547	47
2005	£204,603	£2,436	34
2004	£210,907	£2,444	40
2003	£179,125	£2,289	36
2002	£162,703	£1,991	49
2001	£132,111	£1,686	36
2000	£121,891	£1,386	23
1999	£107,590	£1,486	63
1998	£92,893	£1,075	29
1997	£79,460	£837	29
1996	£72,731	£915	27
1995	£68,403	£808	31

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,135,000		2
2023	£440,333	£4,992	3
2021	£350,000	£5,064	1
2019	£3,223,397	£123,172	2
2018	£11,000		1
2017	£99,931	£2,142	13
2016	£92,000		2
2015	£159,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£630,000	£6,174	2
2022	£541,250	£5,275	4
2021	£610,250	£6,177	4
2020	£539,950		1
2019	£493,500	£4,106	2
2018	£567,500	£5,828	2
2017	£567,500	£4,686	2
2016	£461,250	£6,483	4
2015	£356,667	£4,735	3
2014	£330,000	£3,706	2
2013	£308,333	£4,075	3
2012	£300,000	£3,119	2
2011	£340,000	£2,982	1
2008	£362,500	£4,103	2
2007	£333,250	£2,915	2
2006	£276,750	£2,656	3
2005	£300,333	£1,766	3
2004	£320,000		1
2003	£260,950	£3,086	3
2002	£224,167	£2,337	6
2001	£198,249	£2,067	4
2000	£190,498		2
1999	£148,374	£1,772	8
1998	£146,742	£1,393	6
1997	£136,500		2
1996	£116,790	£1,723	5
1995	£130,000	£801	2

House Type in IG6 3AZ area

The most common house types in the IG6 3AZ postcode area are Flat (77), Terraced (65), and Semi-detached (25).

Total	178
Flat	77
Terraced	65
Semi-detached	25
temporary structure	10
commercial building	1
Detached	0
Shared house	0
converted building	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (73), and Owned: Owns with a mortgage or loan (42).

Social rented: Rents from council or Local Authority	73
Owned: Owns with a mortgage or loan	42
Owned: Owns outright	26
Private rented: Private landlord or letting agency	25
Lives rent free	6
Social rented: Other social rented	5
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the IG6 3AZ have 1 person in household (54), and 2 people in household (53).

1 person in household	54
2 people in household	53
3 people in household	31
4 people in household	26
5 people in household	8
6 people in household	6
7 people in household	1
0 people in household	0
8 or more people in household	0