Housing Market Analysis for VERNON AVENUE, IG8 0AU

Are you looking to understand IG8 0AU 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 IG8 0AU area, explore the IG8 0AU Area information page.
For comprehensive crime statistics in the IG8 0AU area, explore the IG8 0AU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG8 0AU postcode area, The average prices are as follows,

Terraced
- The average price is around £472,731 median price is £410,000 Standard Deviation is £170,649 with Total Sold: 14
- The Last 5 Year average price is £671,434 with Total Sold: 4
- The most recent sale happened at this postcode is 3 VERNON AVENUE: £575,738 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 10 VERNON AVENUE: £220,000 (Sold on 08 Aug 2000)
Semi-Detached
- The average price is around £294,000 median price is £294,000 Standard Deviation is £76,000 with Total Sold: 2
- The most recent sale happened at this postcode is 9 VERNON AVENUE: £370,000 (Sold on 06 Jun 2003)
- The first recorded sale happened at this postcode is 16 VERNON AVENUE: £218,000 (Sold on 06 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 0AU 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
2023	£575,738	£3,998	1
2024	£815,000		1
2021	£715,000	£6,384	1
2020	£580,000	£5,631	1
2017	£660,000	£5,893	1
2014	£483,500	£4,454	2
2012	£355,000	£3,114	1
2011	£395,000	£2,948	1
2007	£344,998	£3,367	2
2005	£290,000		1
2004	£355,500		1
2000	£220,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£370,000		1
2001	£218,000		1

All the Sales in the VERNON AVENUE, IG8 0AU

See the table below for more details on the sold house prices in the IG8 0AU, Redbridge postcode.

Address	Sold Date	Price	% Change
3 VERNON AVENUETerraced, FreeholdArea: 144 Sq.mtrAge: 1950-1966	24 Nov 2023	£575,738	First Sale
7 VERNON AVENUETerraced, Freehold	24 Jun 2024	£815,000	108.98%
7 VERNON AVENUETerraced, Freehold	13 Apr 2007	£389,995	First Sale
4 VERNON AVENUETerraced, FreeholdArea: 112 Sq.mtrAge: 1930-1949	18 Jun 2021	£715,000	8.33%
	17 Nov 2017	£660,000	55.29%
	09 May 2014	£425,000	First Sale
11 VERNON AVENUETerraced, FreeholdArea: 103 Sq.mtrAge: 1930-1949	16 Oct 2020	£580,000	First Sale
1 VERNON AVENUETerraced, FreeholdArea: 106 Sq.mtrAge: 1930-1949	26 Jun 2014	£542,000	First Sale
13 VERNON AVENUETerraced, FreeholdArea: 114 Sq.mtrAge: 1930-1949	08 Aug 2012	£355,000	First Sale
15 VERNON AVENUETerraced, FreeholdArea: 134 Sq.mtrAge: 1930-1949	12 May 2011	£395,000	First Sale
14 VERNON AVENUETerraced, FreeholdArea: 89.72 Sq.mtrAge: 1900-1929	15 Jan 2007	£300,000	First Sale
2 VERNON AVENUETerraced, Freehold	14 Oct 2005	£290,000	First Sale
10 VERNON AVENUETerraced, Freehold	20 Sep 2004	£355,500	61.59%
10 VERNON AVENUETerraced, Freehold	08 Aug 2000	£220,000	First Sale
9 VERNON AVENUESemi-Detached, Freehold	06 Jun 2003	£370,000	First Sale
16 VERNON AVENUESemi-Detached, Freehold	06 Apr 2001	£218,000	First Sale

Check out the sold house prices near the IG8 0AU postcode. Properties currently for saleProperties currently for rent

VERNON AVENUE, IG8 0AU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG8 0AU 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 IG8 0AU postcode.

Flat
- The average price is around £203,002 median price is £190,000 Standard Deviation is £107,488 with Total Sold: 1,248
- The Last 5 Year average price is £340,092 with Total Sold: 185
- The most recent sale happened at this postcode is , 31 PRINCES COURT HIGHAM ROAD: £365,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 31 ANWORTH CLOSE: £105,000 (Sold on 11 Jan 1995)
Terraced
- The average price is around £337,557 median price is £294,250 Standard Deviation is £209,656 with Total Sold: 878
- The Last 5 Year average price is £614,423 with Total Sold: 102
- The most recent sale happened at this postcode is , 7 VERNON AVENUE: £815,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 135 HORN LANE: £76,750 (Sold on 11 Jan 1995)
Semi-Detached
- The average price is around £405,418 median price is £356,000 Standard Deviation is £244,624 with Total Sold: 972
- The Last 5 Year average price is £763,192 with Total Sold: 136
- The most recent sale happened at this postcode is , 32 PARKLAND ROAD: £725,000 (Sold on 10 May 2024)
- The first recorded sale happened at this postcode is , 179 ST BARNABAS ROAD: £97,500 (Sold on 11 Jan 1995)
Detached
- The average price is around £584,826 median price is £482,500 Standard Deviation is £395,114 with Total Sold: 248
- The Last 5 Year average price is £1,079,772 with Total Sold: 34
- The most recent sale happened at this postcode is , 5 ST RONANS CRESCENT: £1,070,000 (Sold on 09 Apr 2024)
- The first recorded sale happened at this postcode is , 7 GARDENIA WAY: £300,000 (Sold on 06 Jan 1995)
Other
- The average price is around £338,588 median price is £180,000 Standard Deviation is £482,983 with Total Sold: 31
- The Last 5 Year average price is £447,049 with Total Sold: 18
- The most recent sale happened at this postcode is 16, FAIRFIELD COURT FAIRFIELD ROAD: £350,000 (Sold on 06 Jul 2023)
- The first recorded sale happened at this postcode is FLAT 2, CUMBERLAND COURT, 173 HORN LANE: £82,870 (Sold on 23 Jun 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£365,192	£4,961	13
2023	£333,222	£5,246	27
2022	£389,909	£6,168	41
2021	£316,579	£5,079	46
2020	£337,643	£4,893	21
2019	£311,704	£4,819	37
2018	£317,513	£5,083	34
2017	£320,082	£5,003	34
2016	£293,289	£4,734	40
2015	£280,043	£4,375	45
2014	£235,176	£4,001	40
2013	£232,070	£3,613	45
2012	£208,471	£3,187	40
2011	£229,156	£4,001	34
2010	£229,456	£3,530	44
2009	£227,366	£3,010	37
2008	£198,550	£3,197	30
2007	£222,431	£3,477	55
2006	£183,741	£2,821	56
2005	£189,687	£2,754	40
2004	£176,350	£2,788	56
2003	£167,742	£2,616	54
2002	£134,517	£2,202	53
2001	£126,301	£1,846	53
2000	£99,120	£1,457	40
1999	£85,807	£1,342	59
1998	£93,681	£1,300	64
1997	£57,730	£908	51
1996	£53,496	£814	29
1995	£52,861	£769	30

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£525,417	£5,275	6
2023	£616,018	£5,857	13
2022	£657,372	£6,307	24
2021	£586,527	£5,598	30
2020	£661,579	£6,069	12
2019	£599,926	£5,383	17
2018	£618,962	£5,565	30
2017	£598,539	£5,618	30
2016	£526,428	£5,310	37
2015	£536,291	£4,628	35
2014	£466,654	£4,291	26
2013	£464,477	£4,121	22
2012	£368,612	£3,938	21
2011	£398,279	£3,169	17
2010	£351,833	£3,585	24
2009	£329,461	£3,015	14
2008	£379,971	£3,728	19
2007	£364,156	£3,543	43
2006	£309,087	£3,117	40
2005	£286,902	£2,712	36
2004	£263,342	£2,525	27
2003	£268,527	£2,566	37
2002	£226,358	£2,271	50
2001	£185,671	£1,692	35
2000	£169,158	£1,781	41
1999	£137,438	£1,296	42
1998	£126,970	£1,158	34
1997	£112,068	£1,102	39
1996	£91,089	£903	45
1995	£96,381	£999	32

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£854,016	£7,093	7
2023	£798,789	£7,138	20
2022	£827,618	£6,834	38
2021	£735,267	£5,935	30
2020	£701,056	£6,243	18
2019	£683,207	£5,760	23
2018	£762,950	£5,625	25
2017	£736,361	£5,894	23
2016	£630,586	£5,655	29
2015	£597,777	£5,162	28
2014	£583,170	£4,513	27
2013	£472,786	£3,955	35
2012	£403,029	£3,983	35
2011	£453,633	£3,867	29
2010	£448,083	£4,290	24
2009	£389,389	£3,473	18
2008	£423,300	£3,452	20
2007	£454,264	£3,536	36
2006	£377,511	£3,148	41
2005	£341,791	£2,920	40
2004	£325,638	£3,060	43
2003	£331,281	£2,644	31
2002	£278,815	£2,219	49
2001	£230,435	£1,902	58
2000	£200,837	£1,850	37
1999	£186,727	£1,446	46
1998	£150,782	£1,283	38
1997	£130,316	£1,052	37
1996	£121,267	£1,020	43
1995	£110,568	£916	44

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,090,000		2
2023	£1,150,167	£8,387	6
2022	£998,929	£7,274	7
2021	£1,125,550	£6,446	10
2020	£771,438	£5,525	4
2019	£1,259,500	£6,768	5
2018	£960,428	£6,402	5
2017	£620,800	£6,537	2
2016	£801,250	£6,897	8
2015	£1,068,575	£4,851	8
2014	£909,119	£4,561	8
2013	£698,286	£4,295	7
2012	£644,000	£4,586	5
2011	£595,050	£4,112	10
2010	£690,625	£3,757	8
2009	£551,693	£3,443	7
2008	£678,000	£3,313	8
2007	£715,062	£4,112	8
2006	£685,229	£3,377	7
2005	£560,714	£2,900	7
2004	£500,000	£2,430	9
2003	£468,719	£3,355	16
2002	£472,222	£2,650	9
2001	£303,125	£2,061	12
2000	£353,643	£1,975	7
1999	£289,555	£1,549	9
1998	£205,495	£1,541	10
1997	£281,778	£1,362	9
1996	£213,830	£1,533	15
1995	£198,550	£1,236	20

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£350,000	£4,430	1
2022	£280,000	£6,667	2
2021	£449,800	£73	5
2020	£451,600	£4,675	5
2019	£525,976	£5,788	5
2018	£280,212	£1,251	7
2017	£21,333	£147	3
2016	£1,000		1
2015	£211,435	£2,181	2

House Type in IG8 0AU area

The most common house types in the IG8 0AU postcode area are Semi-detached (47), Terraced (41), and Detached (20).

Total	126
Semi-detached	47
Terraced	41
Detached	20
Flat	12
Shared house	6
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 outright (57), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	57
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	20
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IG8 0AU have 2 people in household (39), and 3 people in household (31).

2 people in household	39
3 people in household	31
1 person in household	24
4 people in household	22
5 people in household	5
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0