Housing Market Analysis for BEARING WAY, IG7 4ND

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

Overview of Sold House prices

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

Terraced
- The average price is around £183,049 median price is £189,498 Standard Deviation is £88,020 with Total Sold: 10
- The Last 5 Year average price is £318,500 with Total Sold: 2
- The most recent sale happened at this postcode is 13 BEARING WAY: £327,000 (Sold on 28 Sep 2020)
- The first recorded sale happened at this postcode is 11 BEARING WAY: £56,000 (Sold on 10 May 1996)
Semi-Detached
- The average price is around £199,462 median price is £152,000 Standard Deviation is £123,086 with Total Sold: 13
- The Last 5 Year average price is £320,000 with Total Sold: 1
- The most recent sale happened at this postcode is 21 BEARING WAY: £320,000 (Sold on 16 Aug 2019)
- The first recorded sale happened at this postcode is 31 BEARING WAY: £64,000 (Sold on 04 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IG7 4ND 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£318,500	£3,818	2
2013	£230,000	£2,754	1
2010	£225,000	£2,250	1
2005	£178,995		1
2004	£200,000	£3,257	1
2000	£105,498	£1,710	2
1998	£92,500	£1,016	1
1996	£56,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£320,000	£3,678	1
2016	£387,500	£4,756	2
2015	£315,000	£3,841	2
2011	£205,000	£2,562	1
2003	£142,000	£1,671	1
2002	£152,000	£1,810	1
2000	£85,000	£1,037	1
1999	£82,000	£1,025	1
1997	£75,000	£893	1
1996	£63,000	£778	1
1995	£64,000		1

All the Sales in the BEARING WAY, IG7 4ND

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

Address	Sold Date	Price	% Change
13 BEARING WAYTerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	28 Sep 2020	£327,000	First Sale
3 BEARING WAYTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	04 Feb 2020	£310,000	First Sale
21 BEARING WAYSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1976-1982	16 Aug 2019	£320,000	First Sale
12 BEARING WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	07 Oct 2016	£390,000	21.88%
	20 Nov 2015	£320,000	First Sale
2 BEARING WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	06 Jul 2016	£385,000	87.80%
	23 Sep 2011	£205,000	150.00%
	21 Dec 1999	£82,000	First Sale
8 BEARING WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	12 Jun 2015	£310,000	392.06%
	24 May 1996	£63,000	First Sale
15 BEARING WAYTerraced, FreeholdArea: 83.5 Sq.mtrAge: 1983-1990	04 Sep 2013	£230,000	51.32%
	13 Sep 2002	£152,000	102.67%
	18 Apr 1997	£75,000	First Sale
7 BEARING WAYTerraced, FreeholdArea: 100 Sq.mtrAge: 1950-1966	31 Mar 2010	£225,000	143.24%
	04 Sep 1998	£92,500	First Sale
20 BEARING WAYTerraced, Freehold	10 Feb 2005	£178,995	68.86%
20 BEARING WAYTerraced, Freehold	27 Oct 2000	£106,000	First Sale
7A BEARING WAYTerraced, FreeholdArea: 61.4 Sq.mtrAge: 1991-1995	01 Sep 2004	£200,000	90.49%
	14 Jul 2000	£104,995	First Sale
14 BEARING WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	27 Oct 2003	£142,000	First Sale
10 BEARING WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	06 Oct 2000	£85,000	First Sale
11 BEARING WAYTerraced, Freehold	10 May 1996	£56,000	First Sale
31 BEARING WAYSemi-Detached, Freehold	04 Jul 1995	£64,000	First Sale

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

BEARING WAY, IG7 4ND Near By properties

Interactive Map

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

Terraced
- The average price is around £211,454 median price is £193,000 Standard Deviation is £104,487 with Total Sold: 1,002
- The Last 5 Year average price is £381,869 with Total Sold: 119
- 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 £429,505 median price is £460,000 Standard Deviation is £200,554 with Total Sold: 29
- The Last 5 Year average price is £552,243 with Total Sold: 7
- 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 , 7 LODGE CLOSE: £162,000 (Sold on 16 Jun 1995)
Semi-Detached
- The average price is around £228,476 median price is £200,000 Standard Deviation is £127,518 with Total Sold: 922
- The Last 5 Year average price is £416,515 with Total Sold: 136
- 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 , 2 TERCEL PATH: £120,000 (Sold on 24 Jan 1995)
Flat
- The average price is around £176,201 median price is £175,400 Standard Deviation is £83,147 with Total Sold: 409
- The Last 5 Year average price is £259,202 with Total Sold: 79
- 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)
Other
- The average price is around £592,500 median price is £592,500 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £592,500 with Total Sold: 1
- The most recent sale happened at this postcode is , 59 ROMFORD ROAD: £592,500 (Sold on 15 Jun 2021)
- The first recorded sale happened at this postcode is , 59 ROMFORD ROAD: £592,500 (Sold on 15 Jun 2021)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£413,417	£5,263	6
2023	£411,626	£4,931	21
2022	£418,891	£4,715	23
2021	£366,544	£4,445	33
2020	£351,317	£4,410	12
2019	£348,812	£4,375	24
2018	£342,211	£4,241	37
2017	£339,805	£4,170	30
2016	£340,439	£4,017	41
2015	£286,390	£3,438	41
2014	£254,825	£3,066	40
2013	£223,656	£2,729	32
2012	£220,211	£2,610	26
2011	£204,618	£2,550	17
2010	£212,227	£2,488	22
2009	£190,830	£2,422	22
2008	£219,910	£2,667	28
2007	£213,273	£2,503	64
2006	£194,261	£2,373	63
2005	£175,000	£2,089	42
2004	£169,428	£2,210	42
2003	£158,850	£1,958	55
2002	£136,299	£1,710	60
2001	£114,529	£1,316	40
2000	£106,280	£1,325	48
1999	£84,024	£1,057	30
1998	£75,073	£922	31
1997	£63,574	£786	27
1996	£62,156	£772	33
1995	£61,062	£771	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£551,200		1
2023	£775,250	£5,392	2
2022	£449,000	£4,112	3
2019	£417,000	£4,170	1
2017	£730,000	£5,887	1
2016	£350,000	£3,571	1
2015	£447,667	£4,003	3
2014	£575,000	£4,356	1
2013	£620,000	£2,627	1
2007	£540,000	£4,091	1
2006	£479,983	£2,140	3
2005	£480,000		1
2004	£499,995	£2,645	1
2003	£430,000	£2,000	1
2001	£325,000	£1,512	1
1999	£209,000	£1,296	3
1998	£250,000	£1,323	1
1996	£65,000		1
1995	£157,500	£843	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£396,625	£4,746	8
2023	£447,796	£4,953	27
2022	£444,050	£4,877	20
2021	£421,526	£4,708	38
2020	£411,771	£4,431	24
2019	£347,421	£3,980	19
2018	£361,717	£4,163	23
2017	£361,004	£3,961	25
2016	£378,938	£3,816	52
2015	£316,609	£3,354	46
2014	£249,960	£2,921	25
2013	£222,946	£2,528	28
2012	£219,360	£2,578	25
2011	£223,456	£2,546	34
2010	£209,722	£2,345	18
2009	£197,031	£2,335	16
2008	£231,614	£2,653	22
2007	£224,044	£2,523	45
2006	£199,616	£2,307	43
2005	£187,615	£2,000	39
2004	£194,462	£2,249	27
2003	£167,493	£1,882	38
2002	£141,971	£1,635	53
2001	£124,128	£1,394	39
2000	£94,164	£1,109	27
1999	£92,881	£1,018	38
1998	£85,879	£947	27
1997	£68,873	£784	40
1996	£67,484	£742	28
1995	£64,339	£688	28

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£287,400	£5,081	5
2023	£269,091	£4,340	11
2022	£257,357	£4,449	14
2021	£253,830	£4,462	22
2020	£261,000	£5,141	9
2019	£252,430	£4,333	18
2018	£227,696	£4,454	14
2017	£271,147	£4,670	17
2016	£243,540	£3,992	39
2015	£202,197	£3,722	34
2014	£184,357	£3,578	21
2013	£152,357	£2,767	14
2012	£140,286	£2,275	7
2011	£145,500	£2,466	6
2010	£122,000	£1,982	4
2009	£134,499	£2,189	6
2008	£135,375	£2,568	8
2007	£160,222	£2,542	18
2006	£136,124	£2,434	8
2005	£183,835	£2,812	29
2004	£117,807	£2,250	13
2003	£119,483	£2,169	12
2002	£97,472	£1,732	16
2001	£75,974	£1,240	10
2000	£60,444	£1,012	9
1999	£51,208	£924	12
1998	£45,768	£819	13
1997	£42,916	£718	12
1996	£44,160	£625	5
1995	£34,600	£656	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£592,500	£2,783	1

House Type in IG7 4ND area

The most common house types in the IG7 4ND postcode area are Semi-detached (86), Terraced (40), and Flat (7).

Total	138
Semi-detached	86
Terraced	40
Flat	7
Detached	4
commercial building	1
Shared house	0
converted 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 (56), and Social rented: Rents from council or Local Authority (35).

Owned: Owns with a mortgage or loan	56
Social rented: Rents from council or Local Authority	35
Owned: Owns outright	34
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	5
Private rented: Other private rented	2
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 4ND have 1 person in household (35), and 2 people in household (33).

1 person in household	35
2 people in household	33
3 people in household	28
4 people in household	26
5 people in household	8
6 people in household	5
7 people in household	2
0 people in household	0
8 or more people in household	0