Housing Market Analysis for RAVENOAK WAY, IG7 4EL

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

Overview of Sold House prices

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

Flat
- The average price is around £167,205 median price is £168,000 Standard Deviation is £87,193 with Total Sold: 39
- The Last 5 Year average price is £316,250 with Total Sold: 6
- The most recent sale happened at this postcode is 37 RAVENOAK WAY: £325,000 (Sold on 30 May 2022)
- The first recorded sale happened at this postcode is 6 RAVENOAK WAY: £59,970 (Sold on 05 Nov 1999)
Terraced
- The average price is around £203,933 median price is £199,997 Standard Deviation is £114,464 with Total Sold: 10
- The Last 5 Year average price is £500,000 with Total Sold: 1
- The most recent sale happened at this postcode is 17 RAVENOAK WAY: £500,000 (Sold on 14 Apr 2022)
- The first recorded sale happened at this postcode is 15 RAVENOAK WAY: £94,950 (Sold on 28 May 1999)
Semi-Detached
- The average price is around £210,387 median price is £190,000 Standard Deviation is £92,849 with Total Sold: 19
- The Last 5 Year average price is £413,000 with Total Sold: 2
- The most recent sale happened at this postcode is 25 RAVENOAK WAY: £300,000 (Sold on 28 Nov 2014)
- The first recorded sale happened at this postcode is 25 RAVENOAK WAY: £446,000 (Sold on 16 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IG7 4EL 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
2022	£321,000	£5,794	5
2019	£292,500	£5,223	1
2017	£292,500		1
2016	£285,000	£5,377	1
2015	£250,000	£4,417	1
2014	£219,999	£4,151	1
2012	£172,667	£3,066	3
2008	£196,000	£3,698	2
2007	£192,000	£3,226	1
2006	£182,000		1
2004	£173,333	£3,213	3
2003	£154,000	£2,745	3
2002	£133,000	£2,591	1
2001	£70,800		1
1999	£79,014	£1,490	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£500,000	£7,246	1
2010	£249,995	£3,492	1
2009	£249,995	£3,623	1
2005	£210,000	£2,952	1
2004	£215,000		1
2003	£189,994	£2,654	1
1999	£106,088	£1,695	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£300,000	£4,468	1
2010	£275,000	£3,947	2
2009	£247,500		1
2006	£241,000	£3,515	2
2004	£203,500		2
2002	£144,500		1
2001	£148,500	£2,235	2
2000	£145,000	£2,136	2
1999	£113,338	£1,737	4
2020	£380,000	£4,634	1
2024	£446,000		1

All the Sales in the RAVENOAK WAY, IG7 4EL

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

Address	Sold Date	Price	% Change
37 RAVENOAK WAYFlat, Leasehold	30 May 2022	£325,000	0.0
	30 May 2022	£325,000	0.0
	30 May 2022	£325,000	14.04%
	14 Oct 2016	£285,000	69.64%
	23 Mar 2012	£168,000	26.32%
	20 Aug 2002	£133,000	62.21%
	17 Dec 1999	£81,995	First Sale
27 RAVENOAK WAYFlat, LeaseholdArea: 56 Sq.mtrAge: 1991-1995	21 Oct 2022	£315,000	96.88%
	19 Dec 2003	£160,000	96.32%
	23 Dec 1999	£81,500	First Sale
3 RAVENOAK WAYFlat, LeaseholdArea: 56 Sq.mtrAge: 1991-1995	23 May 2022	£315,000	7.69%
	08 Feb 2019	£292,500	262.23%
	26 Nov 1999	£80,750	First Sale
17 RAVENOAK WAYTerraced, FreeholdArea: 69 Sq.mtrAge: 1996-2002	14 Apr 2022	£500,000	100.00%
	26 Nov 2009	£249,995	19.05%
	16 Sep 2005	£210,000	79.56%
	04 Jun 1999	£116,950	First Sale
31 RAVENOAK WAYFlat, Leasehold	19 Dec 2017	£292,500	49.23%
	02 Oct 2008	£196,000	7.69%
	18 Dec 2006	£182,000	5.81%
	07 May 2004	£172,000	109.77%
	17 Dec 1999	£81,995	First Sale
29 RAVENOAK WAYFlat, LeaseholdArea: 56.596 Sq.mtrAge: 2003-2006	31 Jul 2015	£250,000	47.06%
	16 Mar 2012	£170,000	-2.30%
	23 Dec 2004	£174,000	113.50%
	20 Dec 1999	£81,500	First Sale
25 RAVENOAK WAYSemi-Detached, FreeholdArea: 67.14 Sq.mtrAge: 1996-2002	28 Nov 2014	£300,000	13.21%
	09 Apr 2010	£265,000	10.88%
	21 Aug 2006	£239,000	57.24%
	20 Dec 2001	£152,000	27.20%
	17 Dec 1999	£119,500	-73.21%
	16 Aug 2024	£446,000	First Sale
1 RAVENOAK WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1996-2002	15 Apr 2014	£219,999	12.24%
	27 May 2008	£196,000	33.33%
	28 Jul 2003	£147,000	82.04%
	26 Nov 1999	£80,750	First Sale
9 RAVENOAK WAYFlat, LeaseholdArea: 59.51 Sq.mtrAge: 1996-2002	07 Sep 2012	£180,000	-6.25%
	02 Jul 2007	£192,000	23.87%
	12 Nov 2003	£155,000	90.77%
	26 Nov 1999	£81,250	First Sale
21 RAVENOAK WAYSemi-Detached, Freehold	17 Sep 2010	£285,000	15.15%
	01 Jul 2009	£247,500	14.06%
	30 Apr 2004	£217,000	32.32%
	03 May 2000	£164,000	40.23%
	11 Jun 1999	£116,950	First Sale
14 RAVENOAK WAYTerraced, FreeholdArea: 71.6 Sq.mtrAge: 1996-2002	07 Jan 2010	£249,995	31.58%
	29 Aug 2003	£189,994	First Sale
19 RAVENOAK WAYSemi-Detached, Freehold	14 Jun 2006	£243,000	67.59%
	15 Jan 2001	£145,000	23.98%
	11 Jun 1999	£116,950	First Sale
11 RAVENOAK WAYFlat, LeaseholdArea: 50.05 Sq.mtrAge: 1996-2002	10 May 2004	£174,000	117.51%
	25 Nov 1999	£79,995	First Sale
8 RAVENOAK WAYSemi-Detached, Freehold	23 Feb 2004	£190,000	31.49%
8 RAVENOAK WAYSemi-Detached, Freehold	01 Feb 2002	£144,500	First Sale
13 RAVENOAK WAYTerraced, Freehold	09 Jan 2004	£215,000	83.84%
13 RAVENOAK WAYTerraced, Freehold	28 May 1999	£116,950	First Sale
6 RAVENOAK WAYFlat, Leasehold	24 Aug 2001	£70,800	18.06%
6 RAVENOAK WAYFlat, Leasehold	05 Nov 1999	£59,970	First Sale
23 RAVENOAK WAYSemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1996-2002	13 Nov 2000	£126,000	26.06%
	21 Dec 1999	£99,950	First Sale
35 RAVENOAK WAYFlat, LeaseholdArea: 47 Sq.mtrAge: 1983-1990	20 Dec 1999	£81,500	First Sale
33 RAVENOAK WAYFlat, LeaseholdArea: 48 Sq.mtrAge: 1991-1995	17 Dec 1999	£81,500	First Sale
12 RAVENOAK WAYTerraced, Leasehold	10 Dec 1999	£95,500	First Sale
10 RAVENOAK WAYFlat, LeaseholdArea: 69 Sq.mtrAge: 1991-1995	30 Nov 1999	£72,750	First Sale
7 RAVENOAK WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	26 Nov 1999	£79,995	First Sale
5 RAVENOAK WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1996-2002	26 Nov 1999	£80,750	First Sale
15 RAVENOAK WAYTerraced, Freehold	28 May 1999	£94,950	First Sale
53 RAVENOAK WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1996-2002	16 Sep 2020	£380,000	First Sale

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

RAVENOAK WAY, IG7 4EL Near By properties

Interactive Map

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

Flat
- The average price is around £169,775 median price is £144,000 Standard Deviation is £125,002 with Total Sold: 759
- The Last 5 Year average price is £301,556 with Total Sold: 127
- 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 £216,329 median price is £195,000 Standard Deviation is £123,494 with Total Sold: 1,593
- The Last 5 Year average price is £409,526 with Total Sold: 206
- 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 £291,675 median price is £240,688 Standard Deviation is £188,691 with Total Sold: 898
- The Last 5 Year average price is £537,461 with Total Sold: 147
- 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 £456,020 median price is £430,000 Standard Deviation is £272,741 with Total Sold: 179
- The Last 5 Year average price is £784,563 with Total Sold: 23
- 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 £623,672 median price is £305,000 Standard Deviation is £1,399,102 with Total Sold: 16
- The Last 5 Year average price is £636,916 with Total Sold: 15
- 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 , 165 MANOR ROAD: £425,000 (Sold on 13 Mar 2018)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£296,136		11
2023	£255,367	£4,653	15
2022	£283,370	£4,367	23
2021	£332,393	£4,555	44
2020	£336,616	£4,323	16
2019	£260,056	£4,872	18
2018	£298,250	£4,194	18
2017	£315,931	£4,359	29
2016	£282,038	£4,534	26
2015	£189,823	£3,645	17
2014	£232,192	£3,295	26
2013	£149,905	£2,756	21
2012	£156,176	£2,699	17
2011	£158,859	£2,722	16
2010	£210,500	£2,945	6
2009	£157,708	£2,331	13
2008	£163,583	£2,902	12
2007	£179,526	£2,979	28
2006	£151,103	£2,763	34
2005	£147,619	£2,745	43
2004	£172,806	£2,653	39
2003	£162,109	£2,426	41
2002	£104,202	£1,994	32
2001	£75,537	£1,441	32
2000	£68,828	£1,339	32
1999	£66,027	£1,196	51
1998	£48,983	£1,002	33
1997	£45,530	£874	25
1996	£44,827	£809	26
1995	£44,917	£766	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£444,029	£5,666	13
2023	£441,684	£5,524	19
2022	£447,763	£5,714	43
2021	£395,485	£5,064	65
2020	£391,249	£4,926	36
2019	£371,757	£4,889	30
2018	£372,509	£4,861	49
2017	£379,260	£4,592	47
2016	£350,392	£4,218	50
2015	£303,148	£3,762	61
2014	£296,258	£3,597	55
2013	£241,914	£3,126	47
2012	£219,392	£2,947	39
2011	£210,250	£2,928	36
2010	£214,576	£2,758	26
2009	£212,197	£2,609	38
2008	£230,484	£2,825	34
2007	£224,910	£2,889	71
2006	£206,129	£2,648	93
2005	£189,707	£2,314	54
2004	£181,821	£2,381	74
2003	£170,570	£2,199	72
2002	£148,832	£1,858	81
2001	£120,100	£1,580	70
2000	£103,168	£1,435	62
1999	£91,857	£1,245	91
1998	£82,984	£1,098	71
1997	£68,056	£898	54
1996	£62,610	£888	65
1995	£62,111	£747	47

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£578,417	£6,667	12
2023	£536,981	£5,634	27
2022	£586,598	£6,427	20
2021	£525,800	£5,486	30
2020	£543,913	£5,321	23
2019	£501,466	£4,898	35
2018	£428,250	£5,140	18
2017	£552,067	£5,213	15
2016	£543,429	£4,784	21
2015	£384,402	£4,125	23
2014	£343,816	£3,735	30
2013	£359,685	£3,438	24
2012	£313,618	£3,175	17
2011	£349,142	£3,222	19
2010	£284,274	£3,106	31
2009	£274,746	£2,612	26
2008	£337,759	£2,758	18
2007	£304,301	£2,712	43
2006	£266,437	£2,593	46
2005	£251,679	£2,535	36
2004	£237,012	£2,466	41
2003	£217,204	£2,267	35
2002	£195,372	£2,042	55
2001	£176,290	£1,740	48
2000	£139,454	£1,362	23
1999	£121,048	£1,501	62
1998	£126,058	£1,137	37
1997	£101,022	£973	30
1996	£85,581	£835	30
1995	£79,280	£765	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£826,667		3
2023	£622,500	£6,145	2
2022	£882,000	£5,769	5
2021	£846,667	£7,722	3
2020	£746,650	£5,622	3
2019	£732,857	£5,571	7
2018	£682,833	£5,057	3
2017	£808,000	£6,879	5
2016	£948,417	£4,556	6
2015	£642,214	£4,279	14
2014	£555,222	£4,265	9
2013	£440,000	£2,617	5
2012	£388,200	£3,430	5
2011	£446,249	£3,550	8
2010	£451,780	£3,379	5
2009	£405,417	£2,857	6
2008	£430,000	£3,209	1
2007	£529,999	£3,658	8
2006	£384,937	£3,001	12
2005	£318,500	£2,487	6
2004	£385,750	£1,753	4
2003	£349,462	£2,707	4
2002	£387,988	£3,131	4
2001	£217,308	£2,048	8
2000	£297,857	£1,908	7
1999	£209,285	£1,472	7
1998	£148,828	£1,297	9
1997	£182,700	£1,228	7
1996	£152,556	£1,054	8
1995	£118,600	£917	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£3,135,000		2
2023	£440,333	£4,992	3
2022	£106,250	£4,673	4
2021	£313,333	£8,649	3
2020	£216,373	£6,921	2
2019	£165,000		1
2018	£425,000		1

House Type in IG7 4EL area

The most common house types in the IG7 4EL postcode area are Semi-detached (77), Flat (60), and Terraced (33).

Total	177
Semi-detached	77
Flat	60
Terraced	33
Detached	7
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (60), and Owned: Owns with a mortgage or loan (44).

Social rented: Other social rented	60
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	31
Owned: Owns outright	24
Social rented: Rents from council or Local Authority	16
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IG7 4EL have 3 people in household (63), and 2 people in household (40).

3 people in household	63
2 people in household	40
1 person in household	38
4 people in household	24
5 people in household	10
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0