Housing Market Analysis for BROCKET WAY, IG7 4LY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £263,125 median price is £226,750 Standard Deviation is £129,441 with Total Sold: 28
- The Last 5 Year average price is £438,833 with Total Sold: 6
- The most recent sale happened at this postcode is 163 BROCKET WAY: £435,000 (Sold on 27 Jan 2023)
- The first recorded sale happened at this postcode is 181 BROCKET WAY: £380,000 (Sold on 03 May 2024)
Terraced
- The average price is around £247,500 median price is £247,500 Standard Deviation is £97,500 with Total Sold: 2
- The most recent sale happened at this postcode is 173 BROCKET WAY: £345,000 (Sold on 26 Jan 2018)
- The first recorded sale happened at this postcode is 153 BROCKET WAY: £150,000 (Sold on 10 Nov 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average IG7 4LY 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£435,000	£4,728	1
2022	£494,000	£5,320	2
2021	£510,000	£6,000	1
2019	£320,000	£3,951	1
2016	£350,750	£3,752	4
2015	£335,000	£4,420	2
2013	£250,000	£2,717	1
2012	£220,000	£2,588	1
2011	£195,000	£2,241	2
2007	£213,000	£2,587	2
2006	£206,000	£2,719	2
2005	£168,500	£2,175	2
2003	£160,000	£1,905	1
2002	£135,000	£1,627	1
2001	£129,000		1
1998	£78,500	£1,121	1
1997	£60,000	£706	1
1996	£64,000	£771	1
2024	£380,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£345,000	£4,207	1
2003	£150,000	£1,442	1

All the Sales in the BROCKET WAY, IG7 4LY

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

Address	Sold Date	Price	% Change
163 BROCKET WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-1949	27 Jan 2023	£435,000	74.00%
	13 Dec 2013	£250,000	First Sale
139 BROCKET WAYSemi-Detached, FreeholdArea: 83.06 Sq.mtrAge: 1950-1966	17 May 2022	£470,000	135.00%
	11 May 2011	£200,000	First Sale
153 BROCKET WAYSemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1930-1949	21 Jan 2022	£518,000	17.73%
	04 Nov 2016	£440,000	37.50%
	14 Mar 2016	£320,000	113.33%
	10 Nov 2003	£150,000	First Sale
187 BROCKET WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	21 Dec 2021	£510,000	131.82%
	14 Dec 2012	£220,000	266.67%
	18 Jul 1997	£60,000	First Sale
149 BROCKET WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	22 Feb 2019	£320,000	37.04%
	22 Nov 2007	£233,500	First Sale
173 BROCKET WAYTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	26 Jan 2018	£345,000	First Sale
179 BROCKET WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	24 Jun 2016	£325,000	68.83%
	24 Sep 2007	£192,500	20.31%
	10 Sep 2003	£160,000	First Sale
169 BROCKET WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	12 Feb 2016	£318,000	First Sale
165 BROCKET WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	09 Oct 2015	£350,000	First Sale
159 BROCKET WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-1966	25 Sep 2015	£320,000	50.94%
	27 Sep 2006	£212,000	30.86%
	14 Jul 2005	£162,000	106.37%
	06 Aug 1998	£78,500	First Sale
185 BROCKET WAYSemi-Detached, FreeholdArea: 91.59 Sq.mtrAge: 1950-1966	08 Jul 2011	£190,000	First Sale
183 BROCKET WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	10 Jul 2006	£200,000	48.15%
	19 Jul 2002	£135,000	110.94%
	15 Mar 1996	£64,000	First Sale
177 BROCKET WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	16 Dec 2005	£175,000	First Sale
137 BROCKET WAYSemi-Detached, Freehold	12 Oct 2001	£129,000	First Sale
181 BROCKET WAYSemi-Detached, Freehold	03 May 2024	£380,000	First Sale

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

BROCKET WAY, IG7 4LY Near By properties

Interactive Map

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

Terraced
- The average price is around £208,671 median price is £190,000 Standard Deviation is £104,329 with Total Sold: 892
- The Last 5 Year average price is £380,163 with Total Sold: 104
- The most recent sale happened at this postcode is , 13 MANFORD CROSS: £368,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 13 THE LOWE: £57,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £523,331 median price is £430,000 Standard Deviation is £327,749 with Total Sold: 67
- The Last 5 Year average price is £794,183 with Total Sold: 12
- The most recent sale happened at this postcode is , 121A BURROW ROAD: £551,200 (Sold on 16 Jul 2024)
- The first recorded sale happened at this postcode is , 2 CHASE LANE: £60,000 (Sold on 21 Mar 1995)
Semi-Detached
- The average price is around £228,958 median price is £204,995 Standard Deviation is £123,540 with Total Sold: 730
- The Last 5 Year average price is £409,411 with Total Sold: 113
- The most recent sale happened at this postcode is , 87 BROCKET WAY: £243,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 22 FAWN ROAD: £66,000 (Sold on 10 Feb 1995)
Flat
- The average price is around £180,867 median price is £175,400 Standard Deviation is £85,417 with Total Sold: 350
- The Last 5 Year average price is £265,785 with Total Sold: 74
- 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 , 7 THE RIDINGS: £44,000 (Sold on 06 Jan 1996)
Other
- The average price is around £1,785,000 median price is £1,785,000 Standard Deviation is £1,185,000 with Total Sold: 2
- The most recent sale happened at this postcode is , CHIGWELL ROW UNITED REFORMED CHURCH CHAPEL LANE: £600,000 (Sold on 23 Mar 2018)
- The first recorded sale happened at this postcode is , WOODVIEW LAMBOURNE ROAD: £2,970,000 (Sold on 24 Feb 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£434,100	£5,263	5
2023	£402,543	£4,917	15
2022	£416,088	£4,860	17
2021	£365,082	£4,382	30
2020	£379,567	£4,389	12
2019	£349,900	£4,409	25
2018	£348,822	£4,343	32
2017	£334,833	£4,087	23
2016	£340,868	£3,992	38
2015	£289,730	£3,438	37
2014	£260,312	£3,125	24
2013	£224,722	£2,738	36
2012	£215,666	£2,571	24
2011	£204,278	£2,568	18
2010	£215,824	£2,570	17
2009	£188,575	£2,426	20
2008	£217,124	£2,619	20
2007	£213,016	£2,557	58
2006	£192,524	£2,334	60
2005	£173,914	£2,140	35
2004	£167,189	£2,163	37
2003	£162,804	£1,974	47
2002	£136,461	£1,721	53
2001	£115,847	£1,359	39
2000	£103,442	£1,328	47
1999	£82,669	£1,060	28
1998	£75,405	£923	29
1997	£64,761	£838	21
1996	£61,688	£765	32
1995	£62,249	£810	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£551,200		1
2023	£905,000	£6,361	3
2022	£449,000	£4,112	3
2021	£1,400,000		1
2020	£950,000	£5,183	2
2019	£808,500	£4,627	2
2017	£895,000	£5,289	2
2016	£350,000	£3,571	1
2015	£721,375	£3,609	4
2014	£592,500	£4,072	2
2013	£620,000	£2,627	1
2009	£530,000		1
2008	£1,165,000	£4,267	1
2007	£675,000		1
2006	£682,990	£3,678	5
2005	£323,500		2
2004	£499,995	£2,645	1
2003	£522,500	£2,393	4
2002	£593,750	£2,839	2
2001	£383,333	£1,512	3
2000	£463,500	£753	2
1999	£333,167	£1,838	6
1998	£268,750	£1,323	2
1997	£310,750	£1,373	4
1996	£266,250	£1,063	4
1995	£224,500	£1,131	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£391,857	£4,926	7
2023	£450,477	£5,022	22
2022	£443,882	£4,988	17
2021	£407,580	£4,703	31
2020	£392,026	£4,379	20
2019	£349,281	£3,880	16
2018	£366,917	£4,184	18
2017	£379,005	£4,146	20
2016	£372,706	£3,820	45
2015	£319,400	£3,432	35
2014	£273,633	£3,142	15
2013	£222,658	£2,503	19
2012	£220,000	£2,669	22
2011	£216,885	£2,465	26
2010	£213,423	£2,511	13
2009	£189,808	£2,576	13
2008	£226,800	£2,623	15
2007	£215,351	£2,646	37
2006	£198,859	£2,243	39
2005	£182,708	£2,064	24
2004	£184,318	£2,179	22
2003	£162,573	£1,862	34
2002	£146,171	£1,710	45
2001	£123,693	£1,410	31
2000	£96,737	£1,154	23
1999	£92,195	£997	23
1998	£84,417	£1,049	21
1997	£67,115	£782	30
1996	£66,981	£764	25
1995	£62,409	£684	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£287,400	£5,081	5
2023	£260,625	£4,153	8
2022	£260,231	£4,484	13
2021	£279,079	£4,623	19
2020	£241,350	£4,676	11
2019	£266,986	£4,627	18
2018	£231,604	£4,566	12
2017	£267,344	£4,757	16
2016	£246,414	£3,941	35
2015	£212,266	£3,853	29
2014	£184,528	£3,767	18
2013	£151,033	£2,847	15
2012	£143,143	£2,484	7
2011	£145,500	£2,466	6
2010	£121,667	£1,806	3
2009	£151,166	£2,457	6
2008	£132,750	£2,433	8
2007	£168,619	£2,561	21
2006	£135,499	£2,295	8
2005	£130,167	£2,223	6
2004	£123,749	£2,417	8
2003	£119,380	£2,081	10
2002	£97,315	£1,723	16
2001	£75,974	£1,240	10
2000	£64,492	£1,061	7
1999	£52,944	£941	9
1998	£46,649	£824	10
1997	£43,681	£747	11
1996	£44,160	£625	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£600,000		1
2017	£2,970,000	£2,424	1

House Type in IG7 4LY area

The most common house types in the IG7 4LY postcode area are Semi-detached (90), Terraced (47), and Flat (8).

Total	150
Semi-detached	90
Terraced	47
Flat	8
Detached	5
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 Owned: Owns with a mortgage or loan (66), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan	66
Owned: Owns outright	34
Social rented: Rents from council or Local Authority	27
Private rented: Private landlord or letting agency	12
Social rented: Other social rented	8
Private rented: Other private rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IG7 4LY have 2 people in household (45), and 1 person in household (30).

2 people in household	45
1 person in household	30
3 people in household	28
4 people in household	28
5 people in household	13
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0