Housing Market Analysis for MONKHAMS DRIVE, IG8 0LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £827,713 median price is £950,000 Standard Deviation is £459,976 with Total Sold: 15
    • The Last 5 Year average price is £1,324,625 with Total Sold: 2
    • The most recent sale happened at this postcode is 43 MONKHAMS DRIVE: £1,450,000 (Sold on 21 Oct 2022)
    • The first recorded sale happened at this postcode is 45 MONKHAMS DRIVE: £178,000 (Sold on 18 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 0LE 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
2022£1,450,000 £6,360 1
2019£1,199,250 £7,299 1
2017£1,450,000 £6,532 1
2015£950,000 £7,308 1
2014£1,080,444 £6,576 1
2013£1,175,000 £6,120 1
2012£1,240,000 £4,276 1
2010£1,232,500 £4,451 1
2005£700,000 £2,414 1
2002£558,0001
2001£462,5001
1999£449,9951
1996£145,000 £360 2
1995£178,0001

All the Sales in the MONKHAMS DRIVE, IG8 0LE

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

AddressSold DatePrice% Change
43 MONKHAMS DRIVEDetached, FreeholdArea: 228 Sq.mtrAge: 1930-194921 Oct 2022£1,450,000First Sale
49 MONKHAMS DRIVEDetached, FreeholdArea: 164.31 Sq.mtrAge: 1900-192911 Oct 2019£1,199,25011.00%
25 Jul 2014£1,080,444First Sale
51 MONKHAMS DRIVEDetached, FreeholdArea: 222 Sq.mtrAge: 1930-194925 Aug 2017£1,450,0001712.50%
04 Jan 1996£80,000First Sale
53 MONKHAMS DRIVEDetached, FreeholdArea: 130 Sq.mtrAge: 1900-192924 Jul 2015£950,000First Sale
57 MONKHAMS DRIVEDetached, FreeholdArea: 192 Sq.mtrAge: 1930-194927 Sep 2013£1,175,000First Sale
40 MONKHAMS DRIVEDetached, FreeholdArea: 290 Sq.mtrAge: 1900-192926 Sep 2012£1,240,00077.14%
16 Dec 2005£700,000First Sale
42A MONKHAMS DRIVEDetached, FreeholdArea: 276.9 Sq.mtrAge: 1983-199013 Aug 2010£1,232,500First Sale
42 MONKHAMS DRIVEDetached, Freehold02 Aug 2002£558,000First Sale
45 MONKHAMS DRIVEDetached, Freehold11 Dec 2001£462,500120.24%
28 May 1996£210,00017.98%
18 Sep 1995£178,000First Sale
44 MONKHAMS DRIVEDetached, Freehold16 Aug 1999£449,995First Sale

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

MONKHAMS DRIVE, IG8 0LE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £305,298 median price is £261,000 Standard Deviation is £188,464 with Total Sold: 592
    • The Last 5 Year average price is £581,414 with Total Sold: 88
    • 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 , 188 PROSPECT ROAD: £69,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £505,287 median price is £445,000 Standard Deviation is £328,117 with Total Sold: 881
    • The Last 5 Year average price is £923,965 with Total Sold: 125
    • 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 £221,716 median price is £231,000 Standard Deviation is £109,503 with Total Sold: 354
    • The Last 5 Year average price is £334,848 with Total Sold: 54
    • The most recent sale happened at this postcode is , 18 CROFT LODGE CLOSE: £390,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 62 PROSPECT ROAD: £46,500 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £690,843 median price is £610,000 Standard Deviation is £447,557 with Total Sold: 746
    • The Last 5 Year average price is £1,310,209 with Total Sold: 102
    • 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 , 4A THE GREEN: £380,000 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £1,472,316 median price is £375,000 Standard Deviation is £4,579,858 with Total Sold: 19
    • The Last 5 Year average price is £2,334,000 with Total Sold: 11
    • The most recent sale happened at this postcode is , 17A HILLSIDE AVENUE: £666,000 (Sold on 17 Dec 2021)
    • The first recorded sale happened at this postcode is , 76 SNAKES LANE EAST: £435,000 (Sold on 18 Oct 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£612,143 £5,821 7
2023£592,409 £5,672 11
2022£618,681 £6,536 20
2021£562,368 £6,383 19
2020£584,062 £5,521 16
2019£530,623 £5,547 15
2018£560,607 £5,642 14
2017£562,417 £5,404 18
2016£561,062 £5,778 8
2015£493,929 £5,354 14
2014£405,321 £4,543 19
2013£369,625 £4,031 16
2012£356,200 £3,541 10
2011£299,050 £3,317 14
2010£316,656 £3,519 16
2009£293,318 £2,845 11
2008£338,500 £3,093 10
2007£323,215 £3,456 29
2006£283,020 £2,767 22
2005£267,884 £2,841 26
2004£253,635 £2,609 26
2003£253,848 £2,505 23
2002£211,894 £2,034 31
2001£189,133 £1,814 30
2000£174,139 £1,741 25
1999£129,712 £1,241 40
1998£119,912 £1,041 21
1997£96,774 £1,077 33
1996£101,577 £868 26
1995£91,808 £965 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,117,222 £7,225 9
2023£1,032,429 £7,391 20
2022£894,281 £6,802 16
2021£934,383 £6,824 30
2020£837,312 £7,006 16
2019£854,559 £6,093 34
2018£818,288 £6,278 26
2017£905,838 £6,019 25
2016£762,944 £5,414 18
2015£749,267 £5,402 35
2014£674,240 £4,865 26
2013£588,958 £4,437 28
2012£629,110 £4,093 25
2011£534,778 £4,025 22
2010£698,975 £4,083 20
2009£545,341 £3,515 22
2008£588,250 £3,642 12
2007£553,435 £3,388 23
2006£517,094 £3,270 35
2005£435,915 £2,885 36
2004£423,317 £2,855 32
2003£375,699 £2,449 30
2002£389,397 £2,471 49
2001£293,250 £2,053 40
2000£275,977 £2,082 29
1999£231,053 £1,479 47
1998£219,289 £1,335 38
1997£188,583 £1,181 41
1996£147,551 £1,161 53
1995£144,039 £971 44
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£353,571 £5,789 7
2023£354,286 £5,899 7
2022£368,214 £5,588 7
2021£345,333 £5,520 9
2020£336,312 £5,737 8
2019£296,925 £5,568 16
2018£324,500 £5,831 6
2017£297,909 £5,558 11
2016£318,667 £5,943 15
2015£325,735 £5,627 17
2014£244,615 £4,155 13
2013£254,278 £4,104 9
2012£198,857 £3,663 7
2011£245,220 £4,948 15
2010£296,212 £4,390 12
2009£200,833 £3,477 9
2008£198,571 £3,184 7
2007£240,910 £3,918 14
2006£207,631 £3,079 19
2005£227,187 £3,698 24
2004£202,665 £2,421 12
2003£168,200 £2,864 18
2002£139,555 £2,615 9
2001£160,722 £1,923 9
2000£103,357 £1,462 14
1999£63,039 £1,125 10
1998£120,093 £1,706 27
1997£63,571 £980 12
1996£46,500 £982 4
1995£53,164 £811 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,191,2504
2023£1,465,647 £7,844 17
2022£1,306,739 £7,620 19
2021£1,447,260 £7,878 25
2020£1,111,804 £6,596 23
2019£1,241,375 £6,465 14
2018£1,180,526 £6,556 19
2017£1,142,368 £5,829 19
2016£979,457 £6,435 23
2015£1,008,141 £5,877 27
2014£973,679 £5,207 22
2013£847,545 £4,821 22
2012£800,730 £4,464 13
2011£933,148 £4,728 21
2010£799,619 £4,761 21
2009£689,262 £3,814 21
2008£767,096 £3,014 13
2007£758,435 £4,460 34
2006£708,405 £3,641 27
2005£578,595 £2,860 21
2004£615,946 £2,792 23
2003£551,969 £2,874 24
2002£477,257 £2,292 33
2001£425,442 £2,517 26
2000£386,011 £2,372 23
1999£310,966 £1,584 31
1998£300,130 £1,771 27
1997£254,005 £1,214 39
1996£262,062 £1,384 70
1995£230,507 £1,328 45
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£758,000 £6,131 2
2020£305,600 £3,357 5
2019£5,657,500 £5,788 4
2018£650,0002
2017£21,333 £147 3
2016£1,0001
2015£500,000 £8,621 1
2013£435,0001

House Type in IG8 0LE area

The most common house types in the IG8 0LE postcode area are Semi-detached (77), Detached (54), and Terraced (2).

Total133
Semi-detached77
Detached54
Terraced2
Flat0
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 (64), and Owned: Owns with a mortgage or loan (63).

Owned: Owns outright64
Owned: Owns with a mortgage or loan63
Private rented: Private landlord or letting agency4
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 0LE have 2 people in household (37), and 4 people in household (33).

2 people in household37
4 people in household33
3 people in household27
1 person in household18
5 people in household12
6 people in household2
7 people in household2
8 or more people in household1
0 people in household0