Housing Market Analysis for MERLIN CLOSE, IG6 3XL

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £138,227 median price is £130,000 Standard Deviation is £60,902 with Total Sold: 11
    • The Last 5 Year average price is £201,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 7 MERLIN CLOSE: £185,000 (Sold on 26 Jul 2021)
    • The first recorded sale happened at this postcode is 3 MERLIN CLOSE: £225,000 (Sold on 06 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IG6 3XL 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£190,000 £4,318 2
2016£193,500 £4,336 2
2008£130,000 £3,095 1
2005£105,000 £2,382 2
2004£100,000 £1,961 1
1999£50,000 £1,136 1
1995£38,500 £917 1
2023£225,000 £5,769 1

All the Sales in the MERLIN CLOSE, IG6 3XL

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

AddressSold DatePrice% Change
7 MERLIN CLOSEFlat, LeaseholdArea: 44 Sq.mtrAge: 1950-196626 Jul 2021£185,000270.00%
25 Mar 1999£50,000First Sale
2 MERLIN CLOSEFlat, LeaseholdArea: 44 Sq.mtrAge: 1950-196622 Jan 2021£195,00080.56%
28 Jan 2005£108,000First Sale
8 MERLIN CLOSEFlat, LeaseholdArea: 42 Sq.mtrAge: 1950-196624 Jun 2016£205,00057.69%
27 May 2008£130,000237.66%
29 Sep 1995£38,500First Sale
18 MERLIN CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1950-196608 Jan 2016£182,00082.00%
16 Jan 2004£100,000First Sale
34 MERLIN CLOSEFlat, LeaseholdArea: 44.15 Sq.mtrAge: 1950-196620 Jun 2005£102,000First Sale
3 MERLIN CLOSEFlat, LeaseholdArea: 39 Sq.mtrAge: 1900-192906 Nov 2023£225,000First Sale

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

MERLIN CLOSE, IG6 3XL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £235,789 median price is £210,000 Standard Deviation is £131,847 with Total Sold: 527
    • The Last 5 Year average price is £427,696 with Total Sold: 69
    • The most recent sale happened at this postcode is , 234 BURROW ROAD: £405,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 2 TERCEL PATH: £120,000 (Sold on 24 Jan 1995)
  • Flat
    • The average price is around £180,950 median price is £180,000 Standard Deviation is £85,603 with Total Sold: 304
    • The Last 5 Year average price is £268,825 with Total Sold: 53
    • The most recent sale happened at this postcode is , 30 THE RIDINGS: £240,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is 21, BUCKTHORNE HOUSE, 43 YELLOWPINE WAY: £31,000 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £212,902 median price is £197,000 Standard Deviation is £105,188 with Total Sold: 443
    • The Last 5 Year average price is £388,214 with Total Sold: 56
    • The most recent sale happened at this postcode is , 15B HANNARDS WAY: £450,000 (Sold on 04 Mar 2024)
    • The first recorded sale happened at this postcode is , 18 FALCONER ROAD: £27,360 (Sold on 06 Feb 1995)
  • Other
    • The average price is around £1,148,785 median price is £830,000 Standard Deviation is £1,098,571 with Total Sold: 31
    • The Last 5 Year average price is £1,145,760 with Total Sold: 15
    • The most recent sale happened at this postcode is UNIT 3, 62 - 70 FOWLER ROAD: £182,399 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , BEECH LODGE, 50 PEREGRINE ROAD: £350,000 (Sold on 25 Oct 2013)
  • Detached
    • The average price is around £445,562 median price is £425,000 Standard Deviation is £208,192 with Total Sold: 8
    • The Last 5 Year average price is £575,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 93 ROMFORD ROAD: £650,500 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is , 93 ROMFORD ROAD: £181,000 (Sold on 19 Jul 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£417,500 £4,388 2
2023£452,133 £4,891 15
2022£423,500 £4,572 8
2021£444,625 £4,677 16
2020£428,474 £4,517 19
2019£361,222 £4,136 9
2018£368,192 £4,191 13
2017£353,833 £3,710 12
2016£388,044 £3,715 39
2015£329,833 £3,322 33
2014£253,000 £2,865 24
2013£221,088 £2,436 17
2012£229,909 £2,564 11
2011£225,474 £2,529 19
2010£216,000 £2,358 13
2009£201,286 £2,233 14
2008£231,682 £2,606 11
2007£227,750 £2,468 26
2006£207,111 £2,477 18
2005£194,225 £1,981 20
2004£205,166 £2,175 15
2003£170,159 £1,813 22
2002£129,198 £1,532 24
2001£126,900 £1,525 20
2000£91,155 £1,078 19
1999£96,722 £1,093 27
1998£91,461 £931 13
1997£73,793 £785 17
1996£68,999 £762 18
1995£66,038 £687 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,500 £5,081 4
2023£283,556 £4,677 9
2022£260,600 £4,326 10
2021£248,982 £4,177 14
2020£296,400 £4,578 5
2019£266,545 £4,206 11
2018£237,400 £4,216 10
2017£291,545 £4,577 11
2016£245,015 £3,987 36
2015£204,668 £3,703 34
2014£178,312 £3,031 8
2013£164,700 £2,740 10
2012£139,833 £2,228 6
2011£148,375 £2,449 4
2010£107,000 £2,136 4
2009£126,667 £1,846 3
2008£135,500 £2,498 4
2007£153,454 £2,543 11
2006£145,917 £2,298 6
2005£188,675 £2,865 27
2004£121,200 £2,097 10
2003£124,533 £2,076 9
2002£102,455 £1,739 10
2001£75,963 £1,182 7
2000£59,874 £987 8
1999£53,874 £901 8
1998£44,771 £806 11
1997£44,582 £644 6
1996£44,860 £675 5
1995£34,600 £656 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0001
2023£428,588 £5,003 12
2022£412,091 £4,413 11
2021£376,871 £4,551 14
2020£329,571 £4,369 7
2019£366,432 £4,502 11
2018£338,269 £4,126 13
2017£327,047 £4,079 16
2016£325,947 £4,075 19
2015£285,583 £3,389 18
2014£249,239 £3,042 23
2013£230,800 £2,447 10
2012£211,233 £2,694 15
2011£192,000 £2,279 7
2010£201,999 £2,393 9
2009£196,375 £2,443 10
2008£219,107 £2,822 14
2007£215,341 £2,516 19
2006£201,615 £2,313 26
2005£179,133 £1,979 15
2004£175,977 £2,390 22
2003£157,724 £1,972 28
2002£140,999 £1,859 16
2001£113,444 £1,380 18
2000£114,692 £1,488 26
1999£88,107 £1,040 14
1998£82,308 £981 13
1997£65,107 £756 14
1996£66,787 £810 19
1995£45,787 £551 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,150,6516
2022£760,0001
2021£670,833 £2,783 3
2020£1,400,0002
2019£1,570,0003
2018£1,618,7504
2017£1,538,3333
2016£545,5144
2015£1,190,1673
2014£1,233,3691
2013£350,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£650,500 £3,026 1
2022£500,000 £5,102 1
2016£350,000 £3,571 1
2015£447,667 £4,003 3
2007£540,000 £4,091 1
1999£181,000 £842 1

House Type in IG6 3XL area

The most common house types in the IG6 3XL postcode area are Flat (91), Terraced (30), and Semi-detached (18).

Total145
Flat91
Terraced30
Semi-detached18
Detached3
commercial building3
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (55), and Private rented: Private landlord or letting agency (27).

Social rented: Rents from council or Local Authority55
Private rented: Private landlord or letting agency27
Owned: Owns with a mortgage or loan25
Social rented: Other social rented15
Owned: Owns outright14
Lives rent free4
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0

Number of People in a Household

The most houses in the IG6 3XL have 1 person in household (45), and 2 people in household (33).

1 person in household45
2 people in household33
3 people in household24
4 people in household23
6 people in household10
5 people in household8
8 or more people in household2
7 people in household1
0 people in household0