Housing Market Analysis for OLIVE GROVE, IG7 4FY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £792,500 median price is £785,000 Standard Deviation is £97,436 with Total Sold: 8
    • The Last 5 Year average price is £830,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 6 OLIVE GROVE: £760,000 (Sold on 24 Feb 2020)
    • The first recorded sale happened at this postcode is 5 OLIVE GROVE: £950,000 (Sold on 06 Oct 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average IG7 4FY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£760,000 £4,471 1
2019£805,000 £4,422 2
2018£755,000 £4,787 4
2023£950,0001

All the Sales in the OLIVE GROVE, IG7 4FY

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

AddressSold DatePrice% Change
6 OLIVE GROVEDetached, FreeholdArea: 170 Sq.mtr24 Feb 2020£760,000First Sale
7 OLIVE GROVEDetached, FreeholdArea: 194 Sq.mtr28 Jun 2019£860,000First Sale
4 OLIVE GROVEDetached, FreeholdArea: 170 Sq.mtr10 Jun 2019£750,000First Sale
3 OLIVE GROVEDetached, FreeholdArea: 160 Sq.mtr29 Nov 2018£750,000First Sale
5 OLIVE GROVEDetached, FreeholdArea: 194 Sq.mtr26 Sep 2018£860,000-9.47%
06 Oct 2023£950,000First Sale
2 OLIVE GROVEDetached, FreeholdArea: 114 Sq.mtr21 Sep 2018£600,000First Sale
1 OLIVE GROVEDetached, FreeholdArea: 170 Sq.mtr31 Aug 2018£810,000First Sale

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

OLIVE GROVE, IG7 4FY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £478,703 median price is £500,000 Standard Deviation is £86,058 with Total Sold: 85
    • The Last 5 Year average price is £493,054 with Total Sold: 46
    • The most recent sale happened at this postcode is , 76 FIVE OAKS LANE: £575,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 KETTS PLACE: £525,000 (Sold on 31 Mar 2017)
  • Flat
    • The average price is around £293,520 median price is £315,000 Standard Deviation is £52,036 with Total Sold: 135
    • The Last 5 Year average price is £296,294 with Total Sold: 91
    • The most recent sale happened at this postcode is FLAT 8, LUPINE HOUSE, 10 PERIWINKLE GARDENS: £315,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is 9, THISTLE HOUSE, 1 THISTLE CLOSE: £69,460 (Sold on 29 Sep 2016)
  • Semi-Detached
    • The average price is around £487,353 median price is £520,000 Standard Deviation is £121,971 with Total Sold: 34
    • The Last 5 Year average price is £512,812 with Total Sold: 16
    • The most recent sale happened at this postcode is , 61 FIVE OAKS LANE: £560,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , FOREST VIEW FIVE OAKS LANE: £70,000 (Sold on 28 Feb 1997)
  • Detached
    • The average price is around £690,349 median price is £730,000 Standard Deviation is £143,663 with Total Sold: 101
    • The Last 5 Year average price is £735,547 with Total Sold: 64
    • The most recent sale happened at this postcode is , 5 OLIVE GROVE: £950,000 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is , MERRIVALE FIVE OAKS LANE: £200,000 (Sold on 11 Dec 1996)
  • Other
    • The average price is around £188,333 median price is £71,050 Standard Deviation is £252,360 with Total Sold: 6
    • The Last 5 Year average price is £236,900 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 1, HAMLET HOUSE, 80 FIVE OAKS LANE: £84,500 (Sold on 28 Sep 2021)
    • The first recorded sale happened at this postcode is 16, BLACKTHORN HOUSE, 1 BLACKTHORN AVENUE: £124,800 (Sold on 28 Sep 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£513,333 £6,667 3
2023£434,167 £6,578 3
2022£417,667 £5,941 3
2021£498,750 £5,874 16
2020£528,475 £5,167 10
2019£483,659 £4,851 11
2018£475,740 £5,139 26
2017£433,846 £5,236 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£291,6673
2023£265,167 £4,903 9
2022£270,773 £5,059 11
2021£314,595 £5,329 21
2020£297,750 £5,585 15
2019£301,562 £5,743 32
2018£302,941 £5,426 17
2017£286,268 £4,997 26
2016£69,460 £1,177 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£560,000 £5,490 1
2021£455,000 £6,195 8
2020£569,167 £4,631 6
2019£590,000 £4,574 1
2018£524,375 £5,013 8
2017£501,429 £4,830 7
2005£520,0001
1997£70,000 £953 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£845,000 £4,353 2
2022£843,333 £4,542 3
2021£723,214 £4,854 14
2020£731,731 £4,467 26
2019£721,316 £4,525 19
2018£724,688 £4,948 16
2017£679,999 £4,961 9
2007£457,5002
2006£386,0002
2005£537,000 £6,393 1
2003£489,167 £4,167 3
2002£347,9173
1996£200,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£84,500 £1,965 1
2020£750,000 £4,412 1
2019£56,550 £1,273 2
2018£91,200 £1,545 2

House Type in IG7 4FY area

The most common house types in the IG7 4FY postcode area are Flat (80), Terraced (61), and Detached (50).

Total228
Flat80
Terraced61
Detached50
Semi-detached36
converted building1
Shared house0
commercial 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 (168), and Shared ownership: Shared ownership (28).

Owned: Owns with a mortgage or loan168
Shared ownership: Shared ownership28
Private rented: Private landlord or letting agency14
Owned: Owns outright12
Social rented: Rents from council or Local Authority3
Social rented: Other social rented3
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG7 4FY have 2 people in household (75), and 1 person in household (61).

2 people in household75
1 person in household61
3 people in household47
4 people in household36
5 people in household6
6 people in household3
8 or more people in household1
0 people in household0
7 people in household0