Housing Market Analysis for WELLS GATE CLOSE, IG8 0FD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £1,271,875 median price is £1,237,500 Standard Deviation is £211,925 with Total Sold: 8
    • The Last 5 Year average price is £1,425,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 WELLS GATE CLOSE: £1,500,000 (Sold on 20 Feb 2023)
    • The first recorded sale happened at this postcode is 2 WELLS GATE CLOSE: £1,650,000 (Sold on 02 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 0FD 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,500,000 £5,535 1
2021£1,350,000 £4,909 1
2013£1,066,667 £3,915 3
2012£1,237,500 £4,115 2
2006£1,650,000 £6,000 1

All the Sales in the WELLS GATE CLOSE, IG8 0FD

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

AddressSold DatePrice% Change
1 WELLS GATE CLOSEDetached, FreeholdArea: 271 Sq.mtr20 Feb 2023£1,500,00050.00%
15 Feb 2013£1,000,000First Sale
2 WELLS GATE CLOSEDetached, FreeholdArea: 275 Sq.mtr26 Jul 2021£1,350,00012.50%
23 Oct 2013£1,200,000-27.27%
02 May 2006£1,650,000First Sale
3 WELLS GATE CLOSEDetached, FreeholdArea: 271 Sq.mtr09 Aug 2013£1,000,000First Sale
5 WELLS GATE CLOSEDetached, FreeholdArea: 334 Sq.mtr21 Nov 2012£1,200,000First Sale
4 WELLS GATE CLOSEDetached, FreeholdArea: 275 Sq.mtr21 Sep 2012£1,275,000First Sale

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

WELLS GATE CLOSE, IG8 0FD Near By properties

Interactive Map

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

  • Flat
    • The average price is around £288,629 median price is £260,000 Standard Deviation is £158,419 with Total Sold: 551
    • The Last 5 Year average price is £455,931 with Total Sold: 72
    • The most recent sale happened at this postcode is 24, HIGHWOOD, 13 SUNSET AVENUE: £880,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 6, KEMPTON COURT, 503 HIGH ROAD: £57,000 (Sold on 03 Mar 1995)
  • Terraced
    • The average price is around £323,684 median price is £295,000 Standard Deviation is £179,405 with Total Sold: 319
    • The Last 5 Year average price is £540,122 with Total Sold: 35
    • The most recent sale happened at this postcode is , 4 JACKLIN GREEN: £520,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 JACKLIN GREEN: £94,000 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £1,323,889 median price is £625,000 Standard Deviation is £1,520,603 with Total Sold: 9
    • The Last 5 Year average price is £1,520,000 with Total Sold: 7
    • 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 , 566 - 568 HIGH ROAD: £610,000 (Sold on 18 Nov 2014)
  • Detached
    • The average price is around £675,734 median price is £615,000 Standard Deviation is £388,871 with Total Sold: 579
    • The Last 5 Year average price is £1,222,292 with Total Sold: 72
    • The most recent sale happened at this postcode is , 97 MONKHAMS LANE: £1,300,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 4A THE GREEN: £380,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £508,773 median price is £450,000 Standard Deviation is £303,200 with Total Sold: 310
    • The Last 5 Year average price is £952,431 with Total Sold: 36
    • The most recent sale happened at this postcode is , 51 MONKHAMS LANE: £1,320,000 (Sold on 04 Apr 2024)
    • The first recorded sale happened at this postcode is , 12 KNIGHTON DRIVE: £215,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£526,786 £5,513 7
2023£479,964 £5,687 14
2022£468,875 £5,261 16
2021£437,190 £5,243 21
2020£409,786 £4,899 14
2019£413,125 £5,221 16
2018£406,638 £4,841 9
2017£513,350 £5,966 10
2016£406,553 £5,877 19
2015£434,690 £4,722 21
2014£444,652 £4,764 33
2013£295,889 £3,762 18
2012£296,778 £3,742 9
2011£285,679 £3,450 14
2010£288,222 £3,463 18
2009£222,875 £3,114 8
2008£348,999 £3,932 8
2007£273,588 £3,619 31
2006£262,228 £3,660 37
2005£262,453 £3,616 32
2004£257,527 £3,168 18
2003£220,562 £2,606 8
2002£215,884 £2,817 22
2001£183,712 £2,418 14
2000£166,628 £1,992 20
1999£127,601 £1,691 34
1998£115,366 £1,328 19
1997£129,198 £1,610 25
1996£134,154 £1,340 25
1995£69,841 £1,115 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£477,4006
2023£538,750 £6,397 6
2022£562,169 £6,852 11
2021£517,125 £6,103 8
2020£621,625 £6,019 4
2019£550,438 £6,451 8
2018£631,000 £6,047 6
2017£508,600 £5,604 15
2016£457,591 £5,448 11
2015£485,767 £5,067 12
2014£457,626 £4,381 14
2013£358,864 £3,620 11
2012£324,222 £4,033 9
2011£353,500 £3,611 3
2010£338,699 £3,690 5
2009£299,222 £2,989 9
2008£310,194 £3,767 9
2007£317,000 £3,542 13
2006£323,886 £3,146 18
2005£255,281 £2,902 16
2004£305,133 £2,807 15
2003£279,714 £2,625 7
2002£230,222 £2,340 11
2001£199,392 £1,927 14
2000£206,562 £2,251 8
1999£145,968 £1,318 16
1998£155,124 £1,400 14
1997£110,735 £1,103 17
1996£96,375 £1,005 16
1995£97,147 £1,071 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,385,000 £3,100 2
2022£625,000 £5,081 1
2021£2,412,500 £5,357 2
2020£210,000 £1,976 2
2019£665,0001
2014£610,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,066,250 £9,742 4
2023£1,342,500 £7,616 16
2022£1,165,107 £7,414 14
2021£1,280,804 £6,593 23
2020£1,099,333 £6,524 15
2019£1,023,500 £5,724 10
2018£1,053,333 £6,771 9
2017£1,129,545 £5,071 11
2016£995,381 £6,374 21
2015£947,000 £5,585 19
2014£865,184 £5,064 19
2013£859,833 £4,545 24
2012£823,071 £4,066 21
2011£736,873 £4,196 15
2010£717,353 £4,472 17
2009£651,389 £3,837 18
2008£788,962 £3,624 13
2007£727,696 £4,338 26
2006£649,274 £3,581 31
2005£608,400 £3,735 15
2004£525,692 £2,743 19
2003£521,131 £3,036 19
2002£496,232 £2,612 28
2001£454,738 £2,746 21
2000£403,250 £2,166 19
1999£281,143 £1,545 21
1998£293,220 £1,673 24
1997£258,597 £1,360 42
1996£220,469 £1,462 27
1995£205,347 £1,097 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,276,250 £7,358 4
2023£897,250 £6,923 10
2022£1,041,357 £7,342 7
2021£977,875 £5,556 8
2020£728,214 £6,979 7
2019£907,950 £5,728 10
2018£833,733 £5,711 15
2017£836,000 £5,746 5
2016£770,900 £5,518 5
2015£757,404 £4,892 10
2014£666,875 £4,489 8
2013£548,417 £4,443 6
2012£622,500 £4,256 11
2011£559,111 £3,848 9
2010£557,444 £4,061 9
2009£542,944 £3,666 9
2008£641,429 £3,894 7
2007£455,667 £4,108 9
2006£473,684 £2,963 19
2005£402,803 £3,228 18
2004£404,875 £3,076 12
2003£370,167 £2,939 3
2002£370,090 £3,148 11
2001£309,624 £2,550 12
2000£300,943 £1,927 9
1999£229,750 £1,728 19
1998£197,214 £1,547 14
1997£190,630 £1,366 15
1996£150,084 £1,051 18
1995£166,995 £848 11

House Type in IG8 0FD area

The most common house types in the IG8 0FD postcode area are Detached (57), Semi-detached (57), and Terraced (5).

Total126
Detached57
Semi-detached57
Terraced5
Flat5
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (65), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan65
Owned: Owns outright50
Private rented: Private landlord or letting agency8
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IG8 0FD have 2 people in household (38), and 4 people in household (38).

2 people in household38
4 people in household38
3 people in household19
1 person in household15
5 people in household7
6 people in household5
8 or more people in household3
0 people in household0
7 people in household0