Housing Market Analysis for ARROWSMITH CLOSE, IG7 4PL

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

Overview of Sold House prices

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

Flat
- The average price is around £146,999 median price is £119,995 Standard Deviation is £84,885 with Total Sold: 7
- The Last 5 Year average price is £260,000 with Total Sold: 1
- The most recent sale happened at this postcode is 14 ARROWSMITH CLOSE: £260,000 (Sold on 27 Nov 2020)
- The first recorded sale happened at this postcode is 12 ARROWSMITH CLOSE: £41,000 (Sold on 18 Dec 1996)
Terraced
- The average price is around £89,800 median price is £80,000 Standard Deviation is £41,523 with Total Sold: 5
- The most recent sale happened at this postcode is 19 ARROWSMITH CLOSE: £166,000 (Sold on 05 Mar 2003)
- The first recorded sale happened at this postcode is 21 ARROWSMITH CLOSE: £46,000 (Sold on 18 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG7 4PL 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
2020	£260,000	£5,532	1
2017	£245,000	£4,455	1
2015	£211,000	£4,489	1
2004	£113,498	£2,064	2
2000	£45,000	£957	1
1996	£41,000	£745	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£166,000	£1,894	1
2000	£95,000		1
1999	£80,000	£870	1
1997	£62,000	£708	1
1996	£46,000	£575	1

All the Sales in the ARROWSMITH CLOSE, IG7 4PL

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

Address	Sold Date	Price	% Change
14 ARROWSMITH CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1950-1966	27 Nov 2020	£260,000	23.22%
	18 Sep 2015	£211,000	368.89%
	30 Jun 2000	£45,000	First Sale
15 ARROWSMITH CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-1966	14 Mar 2017	£245,000	128.97%
	08 Sep 2004	£107,000	First Sale
12 ARROWSMITH CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-1966	17 Sep 2004	£119,995	192.67%
	18 Dec 1996	£41,000	First Sale
19 ARROWSMITH CLOSETerraced, FreeholdArea: 87.63 Sq.mtrAge: 1950-1966	05 Mar 2003	£166,000	167.74%
	11 Jul 1997	£62,000	First Sale
4 ARROWSMITH CLOSETerraced, Freehold	20 Nov 2000	£95,000	First Sale
5 ARROWSMITH CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1930-1949	30 Mar 1999	£80,000	First Sale
21 ARROWSMITH CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	18 Sep 1996	£46,000	First Sale

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

ARROWSMITH CLOSE, IG7 4PL Near By properties

Interactive Map

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

Flat
- The average price is around £153,610 median price is £150,000 Standard Deviation is £77,377 with Total Sold: 543
- The Last 5 Year average price is £260,239 with Total Sold: 74
- 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 £210,778 median price is £189,995 Standard Deviation is £114,304 with Total Sold: 1,538
- The Last 5 Year average price is £388,424 with Total Sold: 209
- 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 £244,169 median price is £215,000 Standard Deviation is £141,222 with Total Sold: 898
- The Last 5 Year average price is £454,908 with Total Sold: 156
- 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 £411,884 median price is £372,500 Standard Deviation is £251,290 with Total Sold: 60
- The Last 5 Year average price is £637,119 with Total Sold: 8
- 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 , 6 FAIRVIEW ROAD: £202,500 (Sold on 26 Jan 1996)
Other
- The average price is around £776,222 median price is £52,500 Standard Deviation is £1,802,201 with Total Sold: 22
- The Last 5 Year average price is £2,190,632 with Total Sold: 6
- 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 , 182A MANFORD WAY: £159,000 (Sold on 03 Sep 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£251,667		3
2023	£247,800	£5,105	10
2022	£280,488	£5,140	13
2021	£271,286	£4,930	21
2020	£240,954	£4,851	14
2019	£254,462	£5,277	13
2018	£239,173	£5,208	13
2017	£247,255	£4,695	20
2016	£250,231	£4,642	13
2015	£205,309	£3,925	21
2014	£180,929	£3,476	35
2013	£148,441	£2,930	17
2012	£150,874	£2,892	12
2011	£173,843	£2,519	8
2010	£151,375	£2,728	4
2009	£139,731	£2,348	13
2008	£148,131	£2,783	13
2007	£176,565	£3,010	27
2006	£150,325	£3,000	20
2005	£153,157	£2,841	35
2004	£152,740	£2,693	27
2003	£138,183	£2,594	30
2002	£101,119	£2,135	25
2001	£76,513	£1,530	23
2000	£69,529	£1,379	15
1999	£69,888	£1,283	34
1998	£50,768	£1,012	24
1997	£42,937	£821	16
1996	£45,735	£890	17
1995	£47,893	£791	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£432,962	£5,678	13
2023	£399,345	£5,100	22
2022	£415,450	£5,625	44
2021	£383,663	£4,921	63
2020	£374,741	£4,683	35
2019	£349,999	£4,934	32
2018	£355,684	£4,775	50
2017	£361,131	£4,515	39
2016	£347,802	£4,067	53
2015	£290,490	£3,716	52
2014	£270,436	£3,528	39
2013	£234,591	£2,983	49
2012	£218,145	£2,863	33
2011	£207,451	£2,890	39
2010	£214,534	£2,695	29
2009	£196,592	£2,502	38
2008	£231,658	£2,745	29
2007	£220,694	£2,837	72
2006	£199,400	£2,652	95
2005	£183,797	£2,298	62
2004	£176,431	£2,298	69
2003	£173,452	£2,167	72
2002	£142,033	£1,803	90
2001	£119,228	£1,548	66
2000	£102,658	£1,358	67
1999	£90,788	£1,286	78
1998	£79,542	£1,066	69
1997	£67,312	£909	48
1996	£62,641	£869	61
1995	£60,173	£776	30

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£472,417	£6,167	12
2023	£508,464	£5,147	28
2022	£510,581	£5,653	22
2021	£425,176	£5,221	37
2020	£424,238	£4,716	21
2019	£421,842	£4,556	36
2018	£385,630	£4,509	23
2017	£405,094	£4,518	17
2016	£412,931	£4,580	21
2015	£310,670	£3,721	25
2014	£265,038	£3,275	25
2013	£264,372	£2,974	24
2012	£253,674	£2,817	23
2011	£246,313	£2,687	23
2010	£217,522	£2,891	23
2009	£224,889	£2,377	19
2008	£266,868	£2,543	19
2007	£240,488	£2,668	46
2006	£232,111	£2,486	46
2005	£210,048	£2,387	31
2004	£210,000	£2,355	37
2003	£187,051	£2,183	39
2002	£165,928	£1,960	56
2001	£133,733	£1,582	45
2000	£121,395	£1,329	24
1999	£105,766	£1,435	58
1998	£100,269	£1,061	33
1997	£81,698	£847	27
1996	£72,116	£816	30
1995	£69,089	£739	28

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£550,000		1
2023	£600,000	£4,762	1
2022	£360,000	£4,091	1
2021	£990,000	£5,631	2
2020	£539,950		1
2019	£533,500	£4,749	2
2016	£706,250	£4,199	2
2015	£590,000	£4,147	4
2014	£466,667	£4,158	3
2013	£452,500	£2,725	2
2012	£432,500	£3,484	2
2011	£506,874	£3,427	4
2010	£426,400		1
2009	£409,167	£3,255	3
2007	£375,000	£3,074	1
2006	£490,571	£3,344	7
2005	£332,500	£2,442	2
2004	£365,000		1
2003	£249,850		1
2002	£282,000		1
2001	£140,232	£2,347	2
2000	£276,667	£2,142	3
1999	£167,749	£1,794	4
1998	£205,090	£1,824	5
1997	£203,983	£1,127	3
1996	£202,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£6,000,000		1
2023	£340,000	£4,416	1
2022	£7,000		1
2021	£350,000	£5,064	1
2019	£3,223,397	£123,172	2
2018	£11,000		1
2017	£298,258	£1,608	12
2016	£92,000		2
2015	£159,000		1

House Type in IG7 4PL area

The most common house types in the IG7 4PL postcode area are Terraced (43), Semi-detached (40), and Flat (21).

Total	110
Terraced	43
Semi-detached	40
Flat	21
Detached	4
Shared house	2
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: Rents from council or Local Authority (32), and Owned: Owns with a mortgage or loan (30).

Social rented: Rents from council or Local Authority	32
Owned: Owns with a mortgage or loan	30
Owned: Owns outright	20
Private rented: Private landlord or letting agency	17
Social rented: Other social rented	7
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the IG7 4PL have 1 person in household (33), and 2 people in household (32).

1 person in household	33
2 people in household	32
3 people in household	20
4 people in household	16
5 people in household	7
8 or more people in household	3
6 people in household	1
7 people in household	1
0 people in household	0