Housing Market Analysis for SNAKES LANE WEST, IG8 0DE

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

Overview of Sold House prices

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

Flat
- The average price is around £184,675 median price is £172,000 Standard Deviation is £110,784 with Total Sold: 17
- The Last 5 Year average price is £382,500 with Total Sold: 2
- The most recent sale happened at this postcode is 43 SNAKES LANE WEST: £370,000 (Sold on 09 Feb 2023)
- The first recorded sale happened at this postcode is 57 SNAKES LANE WEST: £59,500 (Sold on 11 Aug 1995)
Terraced
- The average price is around £542,500 median price is £542,500 Standard Deviation is £12,500 with Total Sold: 2
- The Last 5 Year average price is £530,000 with Total Sold: 1
- The most recent sale happened at this postcode is 39 SNAKES LANE WEST: £530,000 (Sold on 20 Jan 2023)
- The first recorded sale happened at this postcode is 37 SNAKES LANE WEST: £555,000 (Sold on 13 Mar 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 0DE 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
2023	£370,000	£5,522	1
2022	£395,000	£5,338	1
2016	£379,995	£6,421	1
2010	£239,995	£4,055	1
2009	£195,000		1
2007	£240,000	£4,693	2
2005	£181,000	£2,446	1
2002	£164,500	£2,263	2
2001	£130,000	£1,998	1
1999	£96,665	£1,516	3
1996	£44,998	£789	2
1995	£59,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£530,000	£5,824	1
2017	£555,000	£5,606	1

All the Sales in the SNAKES LANE WEST, IG8 0DE

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

Address	Sold Date	Price	% Change
43 SNAKES LANE WESTFlat, LeaseholdArea: 67 Sq.mtrAge: 1967-1975	09 Feb 2023	£370,000	60.87%
	02 Feb 2007	£230,000	119.05%
	17 Sep 1999	£105,000	First Sale
39 SNAKES LANE WESTTerraced, FreeholdArea: 91 Sq.mtrAge: 1967-1975	20 Jan 2023	£530,000	First Sale
55 SNAKES LANE WESTFlat, LeaseholdArea: 74 Sq.mtrAge: 1930-1949	28 Apr 2022	£395,000	118.23%
	08 Dec 2005	£181,000	First Sale
37 SNAKES LANE WESTTerraced, FreeholdArea: 99 Sq.mtrAge: 1967-1975	13 Mar 2017	£555,000	First Sale
53 SNAKES LANE WESTFlat, LeaseholdArea: 59.18 Sq.mtrAge: 1950-1966	08 Dec 2016	£379,995	58.33%
	01 Jul 2010	£239,995	39.53%
	14 Oct 2002	£172,000	91.12%
	27 Aug 1999	£89,995	50.00%
	09 May 1996	£59,995	First Sale
47 SNAKES LANE WESTFlat, Leasehold	30 Oct 2009	£195,000	First Sale
59 SNAKES LANE WESTFlat, LeaseholdArea: 42 Sq.mtrAge: 1930-1949	19 Oct 2007	£250,000	First Sale
57 SNAKES LANE WESTFlat, Leasehold	22 Apr 2002	£157,000	423.33%
	12 Jan 1996	£30,000	-49.58%
	11 Aug 1995	£59,500	First Sale
49 SNAKES LANE WESTFlat, LeaseholdArea: 65.06 Sq.mtrAge: 1976-1982	12 Oct 2001	£130,000	36.84%
	25 Nov 1999	£95,000	First Sale

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

SNAKES LANE WEST, IG8 0DE Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £454,880 median price is £395,000 Standard Deviation is £297,697 with Total Sold: 661
- The Last 5 Year average price is £842,901 with Total Sold: 98
- The most recent sale happened at this postcode is , 61 ST RONANS CRESCENT: £735,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 18 GLEN CRESCENT: £125,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £207,496 median price is £192,000 Standard Deviation is £113,910 with Total Sold: 1,545
- The Last 5 Year average price is £334,858 with Total Sold: 235
- The most recent sale happened at this postcode is , 71 CHINGFORD LANE: £300,610 (Sold on 23 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 £328,420 median price is £278,000 Standard Deviation is £205,757 with Total Sold: 627
- The Last 5 Year average price is £595,322 with Total Sold: 74
- 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 , 25 ASHDON CLOSE: £86,000 (Sold on 23 Feb 1995)
Other
- The average price is around £1,073,421 median price is £293,466 Standard Deviation is £3,130,946 with Total Sold: 45
- The Last 5 Year average price is £1,694,852 with Total Sold: 24
- The most recent sale happened at this postcode is , 509 HIGH ROAD: £4,150,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 475 HIGH ROAD: £7,500 (Sold on 13 Dec 2013)
Detached
- The average price is around £654,491 median price is £500,000 Standard Deviation is £478,271 with Total Sold: 513
- The Last 5 Year average price is £1,355,326 with Total Sold: 60
- 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 , 4A THE GREEN: £380,000 (Sold on 05 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,065,004	£6,837	10
2023	£849,357	£6,967	14
2022	£846,909	£6,712	22
2021	£800,221	£6,239	26
2020	£693,333	£6,110	9
2019	£846,206	£6,141	17
2018	£827,217	£5,852	15
2017	£761,959	£5,828	17
2016	£597,912	£5,541	17
2015	£681,810	£4,943	21
2014	£634,364	£4,392	22
2013	£527,522	£4,049	23
2012	£477,833	£3,899	25
2011	£519,673	£3,850	18
2010	£556,028	£4,383	18
2009	£399,700	£3,559	10
2008	£486,615	£3,369	13
2007	£511,528	£3,885	18
2006	£406,224	£2,975	38
2005	£393,204	£3,077	35
2004	£384,998	£3,035	20
2003	£351,166	£2,617	21
2002	£335,068	£2,405	29
2001	£254,208	£2,018	31
2000	£248,973	£2,092	21
1999	£200,226	£1,425	33
1998	£189,302	£1,404	25
1997	£157,260	£1,137	26
1996	£132,984	£1,155	35
1995	£128,656	£1,045	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£359,720	£4,961	21
2023	£329,610	£5,263	41
2022	£399,709	£5,930	41
2021	£308,836	£5,051	53
2020	£327,806	£4,941	36
2019	£303,862	£4,814	43
2018	£337,209	£5,315	50
2017	£369,942	£5,099	43
2016	£303,242	£4,871	52
2015	£278,016	£4,407	54
2014	£235,376	£3,863	52
2013	£227,186	£3,603	52
2012	£207,937	£3,320	50
2011	£224,952	£3,858	46
2010	£225,933	£3,534	55
2009	£226,921	£3,099	44
2008	£198,169	£3,282	40
2007	£218,042	£3,588	65
2006	£202,517	£2,909	62
2005	£191,836	£2,904	55
2004	£179,328	£2,803	65
2003	£170,223	£2,677	62
2002	£133,695	£2,171	66
2001	£128,912	£1,886	57
2000	£105,841	£1,537	55
1999	£90,034	£1,397	72
1998	£94,949	£1,364	72
1997	£61,601	£935	58
1996	£56,849	£883	41
1995	£59,508	£949	42

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£721,667		3
2023	£587,526	£5,929	9
2022	£593,889	£6,642	13
2021	£572,292	£5,431	25
2020	£603,595	£5,664	10
2019	£609,804	£5,870	14
2018	£541,371	£5,262	19
2017	£592,585	£5,384	18
2016	£535,826	£5,214	23
2015	£499,888	£4,587	27
2014	£491,079	£4,140	19
2013	£428,905	£4,018	20
2012	£394,896	£4,220	12
2011	£390,125	£3,126	18
2010	£373,955	£3,466	11
2009	£281,188	£3,096	8
2008	£403,923	£3,307	13
2007	£327,682	£3,508	30
2006	£291,452	£3,255	31
2005	£308,979	£2,605	26
2004	£248,518	£2,895	25
2003	£264,550	£2,708	30
2002	£240,048	£2,585	29
2001	£170,173	£1,869	23
2000	£175,899	£1,819	35
1999	£139,227	£1,316	24
1998	£128,684	£1,143	26
1997	£118,588	£1,204	34
1996	£90,018	£881	27
1995	£103,135	£1,160	25

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£4,150,000		1
2023	£350,000	£4,430	1
2022	£490,400		5
2021	£1,803,750	£7,060	4
2020	£355,025	£2,276	10
2019	£7,653,069	£5,788	3
2018	£338,443	£1,714	9
2017	£202,167	£147	6
2016	£973,667	£28,000	3
2015	£220,000		2
2013	£7,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,090,000		2
2023	£1,569,667	£8,321	12
2022	£1,279,396	£7,593	14
2021	£1,408,467	£6,673	15
2020	£1,117,778	£6,622	9
2019	£1,400,625	£6,454	8
2018	£1,288,512	£6,421	12
2017	£976,660	£5,046	10
2016	£955,000	£6,827	18
2015	£1,064,186	£5,085	14
2014	£985,612	£4,735	13
2013	£811,857	£4,518	14
2012	£633,667	£4,357	6
2011	£893,771	£4,406	17
2010	£873,750	£4,200	12
2009	£731,318	£3,546	14
2008	£823,125	£3,512	12
2007	£766,805	£4,096	18
2006	£742,791	£3,544	17
2005	£577,115	£2,604	13
2004	£680,771	£2,726	12
2003	£529,416	£3,311	18
2002	£459,500	£2,344	24
2001	£413,925	£2,336	20
2000	£396,100	£2,213	15
1999	£317,698	£1,680	25
1998	£272,692	£1,513	13
1997	£273,834	£1,389	35
1996	£260,619	£1,395	66
1995	£233,979	£1,399	35

House Type in IG8 0DE area

The most common house types in the IG8 0DE postcode area are Flat (119), Semi-detached (12), and Terraced (6).

Total	139
Flat	119
Semi-detached	12
Terraced	6
Detached	1
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 Private rented: Private landlord or letting agency (52), and Owned: Owns with a mortgage or loan (26).

Private rented: Private landlord or letting agency	52
Owned: Owns with a mortgage or loan	26
Owned: Owns outright	25
Social rented: Other social rented	17
Social rented: Rents from council or Local Authority	13
Private rented: Other private rented	5
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the IG8 0DE have 2 people in household (56), and 1 person in household (48).

2 people in household	56
1 person in household	48
3 people in household	16
4 people in household	13
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0