Housing Market Analysis for PARKES ROAD, IG7 4BN

Are you looking to understand IG7 4BN 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 IG7 4BN area, explore the IG7 4BN Area information page.
For comprehensive crime statistics in the IG7 4BN area, explore the IG7 4BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG7 4BN postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £245,138 median price is £263,750 Standard Deviation is £126,644 with Total Sold: 8
    • The Last 5 Year average price is £377,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 20 PARKES ROAD: £375,000 (Sold on 25 Jun 2021)
    • The first recorded sale happened at this postcode is 24 PARKES ROAD: £58,000 (Sold on 29 Mar 1996)
  • Semi-Detached
    • The average price is around £315,000 median price is £315,000 Standard Deviation is £27,000 with Total Sold: 2
    • The Last 5 Year average price is £342,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 PARKES ROAD: £342,000 (Sold on 05 Dec 2019)
    • The first recorded sale happened at this postcode is 12 PARKES ROAD: £288,000 (Sold on 17 Nov 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average IG7 4BN 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£375,000 £5,137 1
2020£380,000 £4,634 1
2016£370,000 £4,512 1
2015£280,000 £3,836 1
2013£247,500 £3,257 1
2007£205,000 £2,697 1
2000£45,600 £625 1
1996£58,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£342,000 £3,600 1
2014£288,000 £2,880 1

All the Sales in the PARKES ROAD, IG7 4BN

See the table below for more details on the sold house prices in the IG7 4BN, Redbridge postcode.

AddressSold DatePrice% Change
20 PARKES ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1950-196625 Jun 2021£375,00033.93%
05 Jun 2015£280,000514.04%
26 Jun 2000£45,600First Sale
2 PARKES ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1930-194931 Jan 2020£380,000First Sale
22 PARKES ROADSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-196605 Dec 2019£342,000First Sale
26 PARKES ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-196605 Sep 2016£370,000First Sale
12 PARKES ROADSemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1930-194917 Nov 2014£288,000First Sale
14 PARKES ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1950-196604 Nov 2013£247,50020.73%
05 Oct 2007£205,000First Sale
24 PARKES ROADTerraced, Freehold29 Mar 1996£58,000First Sale

Check out the sold house prices near the IG7 4BN postcode. Properties currently for saleProperties currently for rent

PARKES ROAD, IG7 4BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG7 4BN 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 IG7 4BN postcode.

  • Flat
    • The average price is around £169,598 median price is £149,995 Standard Deviation is £121,969 with Total Sold: 461
    • The Last 5 Year average price is £300,107 with Total Sold: 78
    • 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 , 43 FAIRVIEW ROAD: £57,000 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £212,810 median price is £193,000 Standard Deviation is £116,986 with Total Sold: 1,772
    • The Last 5 Year average price is £394,456 with Total Sold: 247
    • 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 £264,295 median price is £226,500 Standard Deviation is £159,884 with Total Sold: 938
    • The Last 5 Year average price is £486,047 with Total Sold: 154
    • 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 , 78 MANFORD WAY: £20,000 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £481,575 median price is £418,750 Standard Deviation is £301,547 with Total Sold: 103
    • The Last 5 Year average price is £782,886 with Total Sold: 18
    • The most recent sale happened at this postcode is , 10 FAIRVIEW CLOSE: £550,000 (Sold on 10 Jun 2024)
    • The first recorded sale happened at this postcode is , 60 GRANGE CRESCENT: £131,500 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £939,310 median price is £165,000 Standard Deviation is £1,896,610 with Total Sold: 19
    • The Last 5 Year average price is £1,529,977 with Total Sold: 9
    • The most recent sale happened at this postcode is , 320 NEW NORTH ROAD: £6,000,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 165 MANFORD WAY: £44,000 (Sold on 19 Oct 2016)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,0004
2023£243,700 £4,367 10
2022£244,034 £3,972 15
2021£359,250 £4,632 28
2020£287,196 £4,334 12
2019£258,389 £4,924 9
2018£247,333 £4,174 6
2017£329,155 £4,290 20
2016£308,812 £4,593 16
2015£209,214 £3,754 14
2014£168,687 £2,971 16
2013£150,467 £2,798 15
2012£152,444 £2,699 9
2011£174,527 £2,552 9
2010£156,600 £2,805 5
2009£144,846 £2,261 13
2008£145,712 £2,725 8
2007£180,375 £2,769 26
2006£152,400 £2,405 15
2005£153,339 £2,769 31
2004£158,238 £2,464 21
2003£130,999 £2,266 18
2002£105,999 £1,988 19
2001£80,661 £1,310 19
2000£73,971 £1,313 19
1999£73,828 £1,278 28
1998£49,904 £942 21
1997£44,076 £804 13
1996£47,500 £828 15
1995£49,393 £739 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£417,492 £6,079 15
2023£419,185 £5,453 27
2022£414,802 £5,719 54
2021£391,524 £5,053 74
2020£375,538 £4,744 43
2019£362,646 £4,923 34
2018£360,861 £4,848 49
2017£366,392 £4,747 49
2016£345,534 £4,295 59
2015£297,617 £3,804 60
2014£267,872 £3,391 47
2013£235,973 £3,076 58
2012£215,954 £2,910 37
2011£207,558 £3,037 45
2010£207,906 £2,810 32
2009£205,352 £2,510 44
2008£230,921 £2,812 37
2007£227,501 £2,923 78
2006£202,541 £2,706 104
2005£191,371 £2,400 72
2004£178,779 £2,389 78
2003£174,801 £2,190 80
2002£146,773 £1,968 93
2001£121,688 £1,632 79
2000£104,766 £1,445 72
1999£90,976 £1,272 96
1998£80,866 £1,082 79
1997£69,131 £967 57
1996£64,086 £886 68
1995£61,675 £845 52
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£563,250 £6,667 12
2023£528,822 £5,436 31
2022£520,000 £5,854 21
2021£469,212 £5,426 33
2020£461,437 £4,935 24
2019£430,918 £4,653 33
2018£392,833 £4,746 21
2017£440,479 £4,867 19
2016£498,902 £4,597 20
2015£339,287 £3,886 27
2014£296,715 £3,427 30
2013£300,780 £3,197 23
2012£288,325 £3,008 20
2011£280,969 £2,837 26
2010£260,423 £3,030 26
2009£254,295 £2,422 20
2008£316,167 £2,639 19
2007£258,989 £2,728 50
2006£247,636 £2,599 45
2005£234,184 £2,442 38
2004£224,023 £2,391 44
2003£205,651 £2,252 43
2002£184,645 £2,023 55
2001£162,152 £1,692 46
2000£131,522 £1,425 22
1999£112,604 £1,495 62
1998£104,913 £1,100 36
1997£95,711 £892 30
1996£77,875 £881 32
1995£74,100 £775 30
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£890,0002
2023£667,500 £5,298 2
2022£730,000 £5,101 2
2021£987,500 £8,270 4
2020£684,975 £5,030 2
2019£699,500 £5,430 6
2017£738,750 £6,990 4
2016£927,500 £4,693 5
2015£544,000 £4,343 5
2014£462,500 £4,080 4
2013£403,333 £3,228 3
2012£412,667 £3,493 3
2011£505,499 £3,550 5
2010£426,4001
2009£410,625 £3,265 4
2007£506,428 £3,791 7
2006£492,527 £3,340 9
2005£356,000 £2,340 3
2004£451,667 £1,265 3
2003£369,925 £3,006 2
2002£282,0001
2001£191,822 £2,347 3
2000£286,250 £2,142 4
1999£178,998 £1,297 3
1998£173,408 £1,824 6
1997£182,238 £1,122 4
1996£150,612 £1,061 4
1995£125,750 £888 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£6,000,0001
2023£395,500 £4,992 2
2022£60,6673
2021£350,000 £5,064 1
2019£3,223,397 £123,172 2
2018£11,0001
2017£502,762 £4,503 8
2016£44,0001

House Type in IG7 4BN area

The most common house types in the IG7 4BN postcode area are Terraced (76), Semi-detached (25), and Flat (13).

Total125
Terraced76
Semi-detached25
Flat13
Detached9
Shared house1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (37), and Private rented: Private landlord or letting agency (31).

Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency31
Social rented: Rents from council or Local Authority28
Owned: Owns outright27
Social rented: Other social rented1
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IG7 4BN have 3 people in household (34), and 2 people in household (27).

3 people in household34
2 people in household27
1 person in household25
4 people in household24
5 people in household8
8 or more people in household4
6 people in household2
7 people in household1
0 people in household0