Housing Market Analysis for FAVERSHAM CLOSE, IG7 6HB

Are you looking to understand IG7 6HB 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 Epping Forest postcode.

For the location information and nearby amenities in the IG7 6HB area, explore the IG7 6HB Area information page.
For comprehensive crime statistics in the IG7 6HB area, explore the IG7 6HB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG7 6HB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £292,033 median price is £270,000 Standard Deviation is £100,118 with Total Sold: 15
    • The Last 5 Year average price is £463,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 FAVERSHAM CLOSE: £463,000 (Sold on 11 Jun 2021)
    • The first recorded sale happened at this postcode is 11 FAVERSHAM CLOSE: £175,000 (Sold on 14 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IG7 6HB 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£463,000 £5,144 1
2017£482,000 £5,297 1
2016£420,000 £4,667 1
2015£365,000 £4,011 1
2014£370,000 £3,973 1
2012£275,000 £3,022 1
2010£280,000 £3,006 1
2009£205,000 £2,018 2
2006£226,500 £2,517 1
2004£239,995 £2,637 1
2003£257,5002
2001£167,0002

All the Sales in the FAVERSHAM CLOSE, IG7 6HB

See the table below for more details on the sold house prices in the IG7 6HB, Epping Forest postcode.

AddressSold DatePrice% Change
6 FAVERSHAM CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1976-198211 Jun 2021£463,00010.24%
05 Oct 2016£420,00085.43%
16 Mar 2006£226,500First Sale
7 FAVERSHAM CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1976-198227 Nov 2017£482,00032.05%
24 Nov 2015£365,00032.73%
11 Sep 2012£275,00014.59%
05 Mar 2004£239,995First Sale
10 FAVERSHAM CLOSETerraced, FreeholdArea: 93.14 Sq.mtrAge: 1967-197518 Jul 2014£370,00032.14%
09 Sep 2010£280,00048.94%
12 Oct 2009£188,000First Sale
3 FAVERSHAM CLOSETerraced, Freehold31 Jul 2009£222,000First Sale
5 FAVERSHAM CLOSETerraced, Freehold15 Dec 2003£270,00010.20%
07 Feb 2003£245,000First Sale
2 FAVERSHAM CLOSETerraced, Freehold21 Sep 2001£159,000First Sale
11 FAVERSHAM CLOSETerraced, Freehold14 Sep 2001£175,000First Sale

Check out the sold house prices near the IG7 6HB postcode. Properties currently for saleProperties currently for rent

FAVERSHAM CLOSE, IG7 6HB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG7 6HB 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 6HB postcode.

  • Flat
    • The average price is around £221,864 median price is £230,000 Standard Deviation is £95,750 with Total Sold: 121
    • The Last 5 Year average price is £315,160 with Total Sold: 25
    • The most recent sale happened at this postcode is , 24 RETREAT WAY: £320,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 MILLERS LANE: £64,000 (Sold on 31 Jul 1996)
  • Semi-Detached
    • The average price is around £353,265 median price is £325,000 Standard Deviation is £199,395 with Total Sold: 239
    • The Last 5 Year average price is £622,156 with Total Sold: 39
    • The most recent sale happened at this postcode is , 80 COOPERS CLOSE: £570,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 WOOLHAMPTON WAY: £83,000 (Sold on 23 Mar 1995)
  • Terraced
    • The average price is around £294,172 median price is £273,000 Standard Deviation is £158,024 with Total Sold: 193
    • The Last 5 Year average price is £504,125 with Total Sold: 32
    • The most recent sale happened at this postcode is , 14 COOPERS CLOSE: £825,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 9 SUNNYMEDE: £65,000 (Sold on 28 Apr 1995)
  • Detached
    • The average price is around £450,918 median price is £425,000 Standard Deviation is £247,148 with Total Sold: 178
    • The Last 5 Year average price is £730,065 with Total Sold: 20
    • The most recent sale happened at this postcode is , FOREST COTTAGE LAMBOURNE ROAD: £1,285,000 (Sold on 04 Dec 2023)
    • The first recorded sale happened at this postcode is , 34 LAMBOURNE ROAD: £75,000 (Sold on 30 Mar 1995)
  • Other
    • The average price is around £932,494 median price is £600,000 Standard Deviation is £544,320 with Total Sold: 3
    • The Last 5 Year average price is £548,742 with Total Sold: 2
    • The most recent sale happened at this postcode is , BILLINGSBOURNE FARM MILLERS LANE: £600,000 (Sold on 30 Nov 2021)
    • The first recorded sale happened at this postcode is , 171 LAMBOURNE ROAD: £1,700,000 (Sold on 01 Jun 2015)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,0001
2023£340,600 £5,183 5
2022£347,143 £5,173 7
2021£263,214 £4,424 7
2020£259,000 £6,229 2
2019£355,167 £5,779 3
2018£345,333 £5,235 3
2017£349,167 £5,553 3
2016£304,312 £4,685 8
2015£280,000 £4,651 3
2014£221,107 £3,626 7
2013£203,400 £3,113 5
2012£228,264 £3,842 12
2011£208,333 £3,077 3
2010£217,000 £3,234 2
2009£210,000 £3,079 1
2008£201,165 £3,050 3
2007£223,725 £3,188 4
2006£203,250 £2,953 4
2005£101,925 £1,420 10
2004£197,077 £3,069 13
2003£150,0002
2002£62,500 £1,667 2
2001£89,0001
2000£69,375 £1,243 4
1998£63,000 £1,068 1
1996£57,690 £836 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£592,5002
2023£780,625 £6,522 4
2022£556,022 £6,236 8
2021£648,042 £5,377 12
2020£560,192 £4,559 10
2019£710,000 £5,738 3
2018£603,977 £5,045 11
2017£499,800 £4,972 5
2016£541,111 £4,578 9
2015£460,114 £4,134 7
2014£358,100 £3,653 5
2013£362,938 £3,072 8
2012£370,500 £3,271 8
2011£272,667 £3,077 6
2010£341,856 £3,327 7
2009£251,667 £2,846 3
2008£259,000 £2,761 2
2007£347,466 £3,256 15
2006£312,950 £3,087 10
2005£300,881 £2,974 13
2004£298,593 £2,956 17
2003£281,690 £2,259 10
2002£226,500 £1,802 15
2001£166,722 £1,582 9
2000£167,375 £1,515 4
1999£144,125 £892 8
1998£126,999 £1,084 9
1997£107,999 £881 6
1996£103,000 £892 5
1995£100,031 £862 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,750 £5,279 4
2023£429,375 £4,758 4
2022£527,286 £5,062 7
2021£648,100 £6,279 5
2020£433,333 £4,801 3
2019£446,667 £4,945 9
2018£475,417 £5,162 6
2017£430,286 £5,050 7
2016£396,000 £4,395 11
2015£348,750 £4,004 4
2014£325,450 £3,809 10
2013£359,100 £3,053 5
2012£268,143 £2,706 7
2011£241,000 £2,419 2
2010£264,666 £2,984 6
2009£187,000 £2,687 3
2008£283,400 £3,378 5
2007£291,633 £3,350 10
2006£238,056 £2,894 9
2005£263,900 £2,847 5
2004£279,966 £2,922 15
2003£218,214 £2,785 7
2002£175,000 £2,109 4
2001£158,666 £1,696 6
2000£164,869 £1,471 8
1999£121,333 £1,116 6
1998£102,595 £1,100 10
1997£69,550 £1,140 2
1996£83,442 £997 9
1995£83,125 £845 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£864,000 £5,797 5
2022£678,260 £5,931 5
2021£660,000 £5,322 2
2020£652,500 £5,517 2
2019£710,833 £4,629 6
2018£642,143 £5,215 7
2017£638,000 £5,073 5
2016£1,034,500 £4,084 5
2015£600,357 £3,955 7
2014£443,640 £4,584 6
2013£529,643 £3,001 7
2012£516,306 £5,831 2
2011£404,998 £2,604 3
2010£464,438 £2,957 4
2009£413,750 £2,774 4
2008£490,332 £3,366 6
2007£470,556 £4,618 9
2006£371,056 £2,922 8
2005£377,083 £3,018 6
2004£424,353 £2,942 17
2003£349,125 £2,996 12
2002£376,900 £2,032 10
2001£201,832 £2,506 6
2000£330,333 £2,140 9
1999£202,000 £1,122 6
1998£229,667 £1,830 6
1997£197,857 £1,257 7
1996£124,650 £880 3
1995£119,667 £794 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£600,0001
2020£497,483 £5,718 1
2015£1,700,0001

House Type in IG7 6HB area

The most common house types in the IG7 6HB postcode area are Semi-detached (46), Terraced (27), and Flat (26).

Total110
Semi-detached46
Terraced27
Flat26
Detached5
Shared house2
converted building2
commercial building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (40), and Owned: Owns outright (25).

Owned: Owns with a mortgage or loan40
Owned: Owns outright25
Social rented: Rents from council or Local Authority25
Private rented: Private landlord or letting agency16
Social rented: Other social rented2
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IG7 6HB have 2 people in household (35), and 1 person in household (34).

2 people in household35
1 person in household34
4 people in household19
3 people in household13
5 people in household6
6 people in household3
8 or more people in household1
0 people in household0
7 people in household0