Housing Market Analysis for MALVERN DRIVE, IG8 0JP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £564,429 median price is £619,500 Standard Deviation is £331,357 with Total Sold: 14
    • The Last 5 Year average price is £1,137,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 56 MALVERN DRIVE: £1,000,000 (Sold on 25 Jun 2021)
    • The first recorded sale happened at this postcode is 70 MALVERN DRIVE: £195,000 (Sold on 15 Apr 1996)
  • Detached
    • The average price is around £770,000 median price is £670,000 Standard Deviation is £314,817 with Total Sold: 5
    • The Last 5 Year average price is £1,165,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 48 MALVERN DRIVE: £1,100,000 (Sold on 10 Mar 2017)
    • The first recorded sale happened at this postcode is 50 MALVERN DRIVE: £1,165,000 (Sold on 14 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 0JP 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,000,000 £6,897 1
2020£1,275,000 £10,282 1
2017£960,000 £6,275 1
2014£655,000 £5,282 1
2006£628,500 £3,497 4
2003£110,0001
2002£455,000 £2,571 1
1998£237,5001
1996£231,8333
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£1,100,000 £6,471 1
2008£670,000 £3,941 1
2003£570,000 £3,353 1
2001£345,000 £2,029 1
2024£1,165,0001

All the Sales in the MALVERN DRIVE, IG8 0JP

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

AddressSold DatePrice% Change
56 MALVERN DRIVESemi-Detached, FreeholdArea: 145 Sq.mtrAge: 1930-194925 Jun 2021£1,000,000First Sale
52 MALVERN DRIVESemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1930-194916 Mar 2020£1,275,00094.66%
12 Jun 2014£655,000First Sale
58 MALVERN DRIVESemi-Detached, FreeholdArea: 153 Sq.mtrAge: 1930-194905 Jun 2017£960,000First Sale
48 MALVERN DRIVEDetached, FreeholdArea: 170 Sq.mtrAge: 1930-194910 Mar 2017£1,100,00064.18%
05 Nov 2008£670,00017.54%
21 Feb 2003£570,00065.22%
08 Feb 2001£345,000First Sale
42 MALVERN DRIVESemi-Detached, Freehold26 Oct 2006£620,000First Sale
68 MALVERN DRIVESemi-Detached, FreeholdArea: 177 Sq.mtrAge: 1930-194922 Jun 2006£619,00036.04%
26 Feb 2002£455,000First Sale
70 MALVERN DRIVESemi-Detached, Freehold28 Feb 2006£625,000468.18%
23 Jan 2003£110,000-43.59%
15 Apr 1996£195,000First Sale
66 MALVERN DRIVESemi-Detached, Freehold28 Feb 2006£650,000First Sale
44 MALVERN DRIVESemi-Detached, Freehold20 Feb 1998£237,500First Sale
64 MALVERN DRIVESemi-Detached, Freehold09 Dec 1996£278,000First Sale
46 MALVERN DRIVESemi-Detached, Freehold07 Nov 1996£222,500First Sale
50 MALVERN DRIVEDetached, Freehold14 Jun 2024£1,165,000First Sale

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

MALVERN DRIVE, IG8 0JP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £300,581 median price is £262,000 Standard Deviation is £179,755 with Total Sold: 1,053
    • The Last 5 Year average price is £578,199 with Total Sold: 162
    • The most recent sale happened at this postcode is , 105 PROSPECT ROAD: £625,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 186 WEST GROVE: £70,350 (Sold on 16 Jan 1995)
  • Semi-Detached
    • The average price is around £457,150 median price is £396,550 Standard Deviation is £285,833 with Total Sold: 960
    • The Last 5 Year average price is £798,299 with Total Sold: 158
    • The most recent sale happened at this postcode is , 17 HILLSIDE AVENUE: £760,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 MALVERN DRIVE: £260,000 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £182,829 median price is £165,000 Standard Deviation is £113,617 with Total Sold: 245
    • The Last 5 Year average price is £305,272 with Total Sold: 36
    • The most recent sale happened at this postcode is 5, RODING HEIGHTS, 5 STATION WAY: £410,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 CHERRY TREE RISE: £42,000 (Sold on 28 Feb 1995)
  • Detached
    • The average price is around £700,180 median price is £650,000 Standard Deviation is £398,054 with Total Sold: 424
    • The Last 5 Year average price is £1,224,317 with Total Sold: 67
    • The most recent sale happened at this postcode is , 25 MALVERN DRIVE: £1,100,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 25 FOREST WAY: £189,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £350,562 median price is £265,500 Standard Deviation is £321,204 with Total Sold: 8
    • The Last 5 Year average price is £291,357 with Total Sold: 7
    • The most recent sale happened at this postcode is , 44A STATION WAY: £211,000 (Sold on 02 Apr 2024)
    • The first recorded sale happened at this postcode is , 124 FOREST EDGE: £765,000 (Sold on 22 Sep 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£606,515 £6,393 17
2023£605,667 £6,405 18
2022£602,506 £6,546 34
2021£561,875 £6,071 36
2020£573,923 £5,551 26
2019£542,608 £5,391 31
2018£536,131 £6,117 21
2017£530,954 £5,551 33
2016£495,003 £5,772 24
2015£469,467 £4,815 30
2014£377,062 £4,368 35
2013£353,481 £3,934 26
2012£331,884 £3,452 25
2011£302,585 £3,406 23
2010£309,564 £3,480 35
2009£292,933 £3,029 15
2008£298,630 £3,084 23
2007£320,501 £3,559 39
2006£262,186 £2,964 46
2005£256,437 £2,874 40
2004£254,883 £2,670 47
2003£237,514 £2,551 52
2002£193,938 £2,107 54
2001£177,217 £1,837 61
2000£154,187 £1,577 42
1999£122,012 £1,215 54
1998£106,180 £1,135 30
1997£89,560 £993 45
1996£88,841 £870 52
1995£77,633 £839 39
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£822,500 £7,226 13
2023£858,878 £7,045 23
2022£773,773 £7,015 22
2021£842,722 £6,842 36
2020£773,733 £6,583 30
2019£738,574 £6,010 34
2018£751,759 £6,556 27
2017£796,519 £6,055 26
2016£714,914 £5,736 23
2015£624,965 £5,319 39
2014£550,465 £4,584 29
2013£504,058 £4,319 34
2012£508,676 £4,158 35
2011£486,538 £3,943 26
2010£534,791 £3,887 24
2009£507,932 £3,763 22
2008£398,958 £3,367 12
2007£458,482 £3,470 29
2006£428,980 £3,157 36
2005£380,464 £3,052 28
2004£384,022 £2,812 36
2003£346,776 £2,681 38
2002£325,213 £2,358 49
2001£277,024 £1,979 44
2000£231,240 £1,881 37
1999£213,362 £1,434 49
1998£186,935 £1,286 35
1997£161,153 £1,116 45
1996£140,015 £1,055 49
1995£145,740 £846 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,5002
2023£240,000 £5,410 2
2022£293,227 £4,892 11
2021£368,500 £5,977 6
2020£312,167 £5,361 6
2019£286,144 £5,218 9
2018£320,000 £5,614 1
2017£425,750 £5,911 16
2016£310,433 £5,991 6
2015£259,333 £4,183 3
2014£215,344 £3,700 10
2013£165,250 £3,520 4
2012£193,600 £3,482 5
2011£208,758 £3,452 4
2010£197,499 £3,206 8
2009£166,500 £3,205 5
2008£188,500 £3,567 10
2007£192,361 £3,840 9
2006£160,500 £2,937 10
2005£160,045 £2,990 11
2004£151,678 £2,537 14
2003£147,583 £2,667 12
2002£118,577 £2,055 13
2001£89,500 £1,475 10
2000£83,285 £1,543 11
1999£70,298 £1,274 13
1998£58,646 £1,073 12
1997£54,333 £1,008 9
1996£49,990 £780 5
1995£51,914 £922 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,266,875 £9,634 8
2023£1,325,000 £7,175 9
2022£1,597,857 £8,632 7
2021£1,231,471 £8,105 17
2020£978,571 £6,770 14
2019£1,179,104 £6,340 12
2018£1,059,286 £6,459 7
2017£1,120,156 £6,096 16
2016£990,607 £6,300 14
2015£880,938 £6,247 19
2014£907,696 £5,173 15
2013£869,250 £5,017 10
2012£760,409 £4,505 11
2011£868,708 £4,395 12
2010£782,077 £5,112 13
2009£616,667 £4,480 9
2008£741,036 £3,127 7
2007£700,929 £4,377 24
2006£604,735 £3,438 17
2005£550,333 £2,888 15
2004£539,058 £2,746 18
2003£498,232 £2,333 14
2002£484,269 £2,079 24
2001£417,091 £2,643 22
2000£373,150 £2,235 15
1999£281,797 £1,351 21
1998£307,967 £2,005 15
1997£196,615 £1,217 13
1996£232,417 £1,187 12
1995£184,861 £1,164 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,0001
2022£557,5002
2021£666,000 £5,203 1
2019£15,8333
2017£765,000 £5,169 1

House Type in IG8 0JP area

The most common house types in the IG8 0JP postcode area are Detached (72), Semi-detached (34), and Flat (2).

Total109
Detached72
Semi-detached34
Flat2
Terraced1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (53), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright53
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency4
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IG8 0JP have 2 people in household (39), and 4 people in household (24).

2 people in household39
4 people in household24
3 people in household22
1 person in household14
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0