Housing Market Analysis for MONKHAMS DRIVE, IG8 0LJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £552,785 median price is £457,500 Standard Deviation is £311,320 with Total Sold: 7
    • The Last 5 Year average price is £900,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BYRON HOUSE MONKHAMS DRIVE: £900,000 (Sold on 16 Dec 2020)
    • The first recorded sale happened at this postcode is 28B MONKHAMS DRIVE: £172,000 (Sold on 28 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 0LJ 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
2020£900,000 £8,257 1
2016£1,095,000 £6,186 1
2005£457,500 £2,585 1
2001£497,5002
1999£249,9951
1997£172,0001

All the Sales in the MONKHAMS DRIVE, IG8 0LJ

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

AddressSold DatePrice% Change
BYRON HOUSE MONKHAMS DRIVEDetached, FreeholdArea: 109 Sq.mtrAge: 1967-197516 Dec 2020£900,000First Sale
28 MONKHAMS DRIVEDetached, FreeholdArea: 177 Sq.mtrAge: 1950-196611 Feb 2016£1,095,000139.34%
21 Mar 2005£457,500First Sale
30 MONKHAMS DRIVEDetached, Freehold28 Sep 2001£575,000First Sale
GERINA MONKHAMS DRIVEDetached, Freehold15 Jun 2001£420,00068.00%
07 May 1999£249,995First Sale
28B MONKHAMS DRIVEDetached, Freehold28 Feb 1997£172,000First Sale

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

MONKHAMS DRIVE, IG8 0LJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £293,117 median price is £250,000 Standard Deviation is £177,354 with Total Sold: 743
    • The Last 5 Year average price is £568,397 with Total Sold: 93
    • 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 £488,727 median price is £411,500 Standard Deviation is £326,712 with Total Sold: 838
    • The Last 5 Year average price is £911,799 with Total Sold: 84
    • 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 £208,602 median price is £200,000 Standard Deviation is £112,427 with Total Sold: 693
    • The Last 5 Year average price is £363,805 with Total Sold: 84
    • 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 , 31 ANWORTH CLOSE: £105,000 (Sold on 11 Jan 1995)
  • Detached
    • The average price is around £687,008 median price is £585,000 Standard Deviation is £459,200 with Total Sold: 684
    • The Last 5 Year average price is £1,342,069 with Total Sold: 80
    • 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 £1,092,344 median price is £375,000 Standard Deviation is £3,524,383 with Total Sold: 33
    • The Last 5 Year average price is £638,500 with Total Sold: 12
    • The most recent sale happened at this postcode is , 110A SNAKES LANE EAST: £440,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is , 98 SNAKES LANE EAST: £200,000 (Sold on 30 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£587,333 £5,821 9
2023£556,269 £5,459 13
2022£594,234 £6,403 24
2021£542,028 £5,832 29
2020£575,722 £5,474 18
2019£507,115 £5,414 20
2018£506,128 £5,200 16
2017£548,455 £5,299 22
2016£515,844 £4,983 16
2015£438,669 £4,720 28
2014£356,373 £3,860 15
2013£335,333 £3,689 15
2012£328,786 £3,409 14
2011£294,928 £2,996 18
2010£307,929 £3,372 21
2009£242,818 £2,415 11
2008£316,000 £2,959 17
2007£307,850 £3,300 35
2006£278,183 £2,792 27
2005£256,343 £2,695 32
2004£233,875 £2,546 30
2003£233,597 £2,439 31
2002£218,795 £2,019 41
2001£181,291 £1,784 36
2000£164,636 £1,656 33
1999£122,804 £1,293 41
1998£105,071 £1,046 33
1997£96,647 £1,048 39
1996£91,097 £828 36
1995£89,489 £934 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,117,222 £7,225 9
2023£1,046,149 £7,440 14
2022£829,625 £6,898 16
2021£883,586 £6,691 29
2020£812,000 £7,135 16
2019£851,484 £6,134 32
2018£824,239 £6,283 23
2017£905,665 £6,010 24
2016£723,938 £5,249 16
2015£740,690 £5,414 36
2014£652,009 £4,637 27
2013£565,317 £4,342 31
2012£577,029 £4,036 26
2011£506,706 £3,775 20
2010£674,306 £4,022 18
2009£514,548 £3,486 21
2008£555,917 £3,529 12
2007£518,068 £3,386 22
2006£516,707 £3,186 29
2005£417,568 £2,914 36
2004£398,280 £2,806 31
2003£363,932 £2,602 30
2002£370,355 £2,359 45
2001£278,582 £2,063 36
2000£259,889 £2,086 33
1999£223,615 £1,445 39
1998£215,658 £1,345 38
1997£174,506 £1,172 40
1996£150,462 £1,153 47
1995£142,267 £971 42
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£388,333 £5,237 12
2023£341,714 £5,366 14
2022£391,938 £5,701 24
2021£346,126 £5,127 21
2020£341,577 £5,147 13
2019£311,893 £5,002 20
2018£353,462 £5,731 13
2017£292,447 £4,787 19
2016£285,418 £4,836 27
2015£290,734 £4,591 32
2014£242,625 £3,962 16
2013£238,521 £3,675 24
2012£216,934 £3,141 22
2011£225,284 £4,278 24
2010£256,127 £3,589 24
2009£222,308 £3,005 31
2008£180,892 £3,101 14
2007£225,388 £3,626 29
2006£186,572 £2,655 29
2005£187,360 £2,825 25
2004£181,999 £2,584 25
2003£160,397 £2,531 33
2002£136,152 £2,063 23
2001£134,937 £1,757 24
2000£99,112 £1,437 29
1999£79,215 £1,231 32
1998£106,014 £1,450 37
1997£58,616 £933 24
1996£47,581 £813 16
1995£53,068 £746 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,175,0005
2023£1,489,176 £8,069 17
2022£1,336,975 £7,866 18
2021£1,424,674 £7,580 23
2020£1,137,735 £6,790 17
2019£1,249,938 £6,648 12
2018£1,217,812 £6,363 16
2017£1,140,000 £5,457 16
2016£993,611 £6,884 18
2015£1,012,237 £5,764 25
2014£967,205 £5,035 22
2013£865,941 £4,793 17
2012£675,967 £4,047 15
2011£925,613 £4,709 23
2010£894,812 £4,381 16
2009£723,794 £4,012 17
2008£746,232 £2,953 14
2007£757,895 £4,086 26
2006£699,209 £3,692 26
2005£592,389 £2,663 18
2004£608,321 £2,817 21
2003£546,182 £2,852 22
2002£494,274 £2,355 31
2001£422,750 £2,537 26
2000£389,837 £2,247 26
1999£310,548 £1,600 30
1998£304,225 £1,691 20
1997£253,811 £1,190 36
1996£260,126 £1,389 70
1995£234,166 £1,356 41
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£440,000 £7,458 1
2022£180,0001
2021£1,033,500 £7,163 4
2020£484,667 £4,675 6
2019£3,526,269 £5,788 7
2018£360,247 £3,242 6
2017£21,333 £147 3
2016£1,0001
2015£420,000 £8,621 2
2013£317,5002

House Type in IG8 0LJ area

The most common house types in the IG8 0LJ postcode area are Semi-detached (74), Detached (21), and Flat (17).

Total124
Semi-detached74
Detached21
Flat17
Terraced7
Shared house3
converted building2
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (45), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright45
Owned: Owns with a mortgage or loan44
Social rented: Other social rented23
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the IG8 0LJ have 1 person in household (46), and 2 people in household (27).

1 person in household46
2 people in household27
4 people in household24
3 people in household19
5 people in household8
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0