Housing Market Analysis for FOREST WAY, IG8 0QE

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £601,500 median price is £507,500 Standard Deviation is £235,217 with Total Sold: 8
- The Last 5 Year average price is £1,000,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 FOREST WAY: £1,000,000 (Sold on 11 Aug 2023)
- The first recorded sale happened at this postcode is 10 FOREST WAY: £372,000 (Sold on 19 Apr 2001)
Detached
- The average price is around £677,900 median price is £735,000 Standard Deviation is £247,410 with Total Sold: 5
- The Last 5 Year average price is £995,000 with Total Sold: 1
- The most recent sale happened at this postcode is 14 FOREST WAY: £995,000 (Sold on 15 Nov 2019)
- The first recorded sale happened at this postcode is 16 FOREST WAY: £305,000 (Sold on 14 Oct 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 0QE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,000,000	£7,576	1
2016	£950,000		1
2012	£670,000	£3,185	1
2009	£535,000		1
2004	£480,000		1
2002	£460,000		1
2001	£358,500		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£995,000	£5,819	1
2015	£855,000	£6,680	1
2006	£735,000		1
2004	£499,500		1
1998	£305,000		1

All the Sales in the FOREST WAY, IG8 0QE

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

Address	Sold Date	Price	% Change
9 FOREST WAYSemi-Detached, FreeholdArea: 132 Sq.mtrAge: 1930-1949	11 Aug 2023	£1,000,000	First Sale
14 FOREST WAYDetached, FreeholdArea: 171 Sq.mtrAge: 1967-1975	15 Nov 2019	£995,000	First Sale
7 FOREST WAYSemi-Detached, Freehold	31 Aug 2016	£950,000	77.57%
	31 Jul 2009	£535,000	55.07%
	20 Jul 2001	£345,000	First Sale
1 FOREST WAYDetached, FreeholdArea: 128 Sq.mtrAge: 1930-1949	05 Oct 2015	£855,000	First Sale
2 FOREST WAYSemi-Detached, FreeholdArea: 210.36 Sq.mtrAge: 1930-1949	24 Aug 2012	£670,000	First Sale
16 FOREST WAYDetached, Freehold	23 Nov 2006	£735,000	140.98%
16 FOREST WAYDetached, Freehold	14 Oct 1998	£305,000	First Sale
12 FOREST WAYSemi-Detached, Freehold	27 Oct 2004	£480,000	First Sale
4 FOREST WAYDetached, Freehold	25 Jun 2004	£499,500	First Sale
5 FOREST WAYSemi-Detached, Freehold	20 Dec 2002	£460,000	First Sale
10 FOREST WAYSemi-Detached, Freehold	19 Apr 2001	£372,000	First Sale

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

FOREST WAY, IG8 0QE Near By properties

Interactive Map

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

Detached
- The average price is around £718,964 median price is £680,000 Standard Deviation is £381,988 with Total Sold: 656
- The Last 5 Year average price is £1,244,321 with Total Sold: 105
- 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 , 40 FOREST WAY: £230,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £280,178 median price is £280,000 Standard Deviation is £165,106 with Total Sold: 129
- The Last 5 Year average price is £354,639 with Total Sold: 18
- The most recent sale happened at this postcode is 7, PERCIVAL HOUSE, 526 - 534 HIGH ROAD: £405,000 (Sold on 17 Jul 2024)
- The first recorded sale happened at this postcode is 1, WOODSIDE LODGE, 597 HIGH ROAD: £95,000 (Sold on 24 Jul 1995)
Semi-Detached
- The average price is around £526,813 median price is £465,000 Standard Deviation is £311,697 with Total Sold: 561
- The Last 5 Year average price is £1,013,537 with Total Sold: 69
- 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 , 7 MALVERN DRIVE: £260,000 (Sold on 04 Jan 1995)
Terraced
- The average price is around £364,447 median price is £326,000 Standard Deviation is £218,408 with Total Sold: 162
- The Last 5 Year average price is £651,808 with Total Sold: 26
- The most recent sale happened at this postcode is , 8 MEADWAY: £580,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is , 518 HIGH ROAD: £101,530 (Sold on 29 Sep 1995)
Other
- The average price is around £343,333 median price is £265,000 Standard Deviation is £193,836 with Total Sold: 3
- The Last 5 Year average price is £210,000 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT 1, HIGHBEAM HOUSE, 581 HIGH ROAD: £155,000 (Sold on 29 Sep 2020)
- The first recorded sale happened at this postcode is , 566 - 568 HIGH ROAD: £610,000 (Sold on 18 Nov 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,266,875	£9,634	8
2023	£1,372,500	£7,230	16
2022	£1,363,875	£7,887	16
2021	£1,316,442	£7,274	26
2020	£1,042,045	£6,688	22
2019	£1,152,015	£6,039	17
2018	£1,028,500	£6,504	10
2017	£1,103,656	£6,086	16
2016	£987,318	£6,284	22
2015	£928,549	£5,965	27
2014	£875,248	£5,043	26
2013	£833,833	£4,814	27
2012	£815,658	£4,286	19
2011	£882,061	£4,374	18
2010	£739,278	£4,645	18
2009	£647,895	£3,919	19
2008	£743,646	£3,288	12
2007	£778,418	£4,511	33
2006	£705,100	£3,770	30
2005	£606,060	£3,663	25
2004	£547,940	£2,638	24
2003	£543,083	£2,706	15
2002	£534,660	£2,173	31
2001	£445,115	£2,740	26
2000	£413,177	£2,330	24
1999	£309,394	£1,612	26
1998	£306,833	£1,822	24
1997	£235,002	£1,395	29
1996	£251,915	£1,199	27
1995	£203,850	£1,121	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£405,000		1
2023	£370,000	£5,899	3
2022	£325,000	£6,250	1
2021	£342,200	£5,354	5
2020	£347,500	£5,731	2
2019	£356,250	£5,520	6
2018	£390,000	£4,654	2
2017	£593,500	£6,952	2
2016	£367,000	£6,732	5
2015	£493,750	£4,861	8
2014	£468,559	£5,183	17
2013	£295,000	£3,995	2
2012	£300,000	£4,478	1
2010	£239,333	£3,390	3
2009	£221,000	£3,946	1
2008	£280,000	£4,179	1
2007	£284,416	£4,092	6
2006	£241,750	£3,889	12
2005	£260,429	£4,040	14
2004	£172,167	£3,686	3
2002	£140,000	£2,549	2
2001	£76,000	£2,621	1
2000	£97,374	£2,041	4
1999	£98,353	£1,591	17
1998	£105,000	£1,198	1
1997	£65,000	£1,203	2
1996	£100,000	£1,408	1
1995	£68,417	£1,207	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,276,250	£7,358	4
2023	£1,063,578	£7,164	14
2022	£1,116,812	£7,259	8
2021	£979,265	£6,518	17
2020	£902,833	£7,006	12
2019	£965,929	£6,092	14
2018	£831,389	£6,320	18
2017	£930,312	£6,274	16
2016	£885,167	£5,341	12
2015	£784,037	£5,630	21
2014	£747,393	£4,954	14
2013	£677,583	£4,830	12
2012	£675,944	£4,259	18
2011	£558,088	£3,997	17
2010	£677,321	£4,079	14
2009	£573,281	£3,445	16
2008	£634,167	£3,692	9
2007	£571,937	£3,306	16
2006	£539,371	£3,332	25
2005	£461,389	£2,977	18
2004	£449,471	£3,090	23
2003	£378,249	£2,603	22
2002	£388,689	£2,558	29
2001	£317,051	£1,967	29
2000	£267,007	£1,898	20
1999	£260,060	£1,710	34
1998	£228,949	£1,364	20
1997	£193,296	£1,133	30
1996	£154,629	£1,036	37
1995	£168,736	£935	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£580,000	£6,170	1
2023	£608,000	£5,995	5
2022	£696,667	£6,451	3
2021	£626,125	£5,719	8
2020	£639,667	£5,185	6
2019	£796,667	£5,940	3
2018	£765,250	£5,520	4
2017	£616,667	£5,693	6
2016	£569,167	£6,404	3
2015	£678,000	£6,087	3
2014	£455,999	£4,306	8
2013	£371,750	£3,900	6
2012	£414,600	£3,662	5
2011	£288,000	£4,174	1
2010	£389,333	£3,682	3
2009	£352,100	£3,331	5
2008	£390,000		1
2007	£334,332	£3,795	6
2006	£348,650	£2,585	8
2005	£272,900	£2,843	5
2004	£322,950	£2,735	10
2003	£329,000	£2,259	5
2002	£206,124	£1,744	4
2001	£239,863	£2,056	11
2000	£228,124	£1,568	4
1999	£141,135	£1,019	11
1998	£209,917	£933	3
1997	£91,188	£865	8
1996	£109,250	£815	14
1995	£91,015		2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£210,000	£1,976	2
2014	£610,000		1

House Type in IG8 0QE area

The most common house types in the IG8 0QE postcode area are Detached (58), Semi-detached (54), and Terraced (4).

Total	118
Detached	58
Semi-detached	54
Terraced	4
Flat	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (55).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	55
Private rented: Other private rented	4
Private rented: Private landlord or letting agency	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IG8 0QE have 2 people in household (37), and 4 people in household (28).

2 people in household	37
4 people in household	28
3 people in household	21
1 person in household	18
5 people in household	14
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0