Housing Market Analysis for MILL LANE, IG8 0UG

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

Overview of Sold House prices

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

  • Other
    • The average price is around £196,733 median price is £196,733 Standard Deviation is £96,733 with Total Sold: 2
    • The Last 5 Year average price is £293,466 with Total Sold: 1
    • The most recent sale happened at this postcode is 33A MILL LANE: £293,466 (Sold on 25 Oct 2022)
    • The first recorded sale happened at this postcode is 29 MILL LANE: £100,000 (Sold on 13 May 2015)
  • Flat
    • The average price is around £138,944 median price is £127,000 Standard Deviation is £69,160 with Total Sold: 9
    • The Last 5 Year average price is £235,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 39 MILL LANE: £235,000 (Sold on 17 Mar 2022)
    • The first recorded sale happened at this postcode is 22 MILL LANE: £68,000 (Sold on 29 May 1998)
  • Terraced
    • The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 29 MILL LANE: £150,000 (Sold on 30 Jul 2002)
    • The first recorded sale happened at this postcode is 29 MILL LANE: £150,000 (Sold on 30 Jul 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 0UG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£293,4661
2015£100,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£235,000 £6,912 1
2012£65,0001
2007£235,000 £6,912 1
2006£212,500 £3,583 1
2005£158,000 £4,647 1
2001£101,000 £2,142 2
1999£75,000 £1,265 1
1998£68,000 £2,000 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£150,0001

All the Sales in the MILL LANE, IG8 0UG

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

AddressSold DatePrice% Change
33A MILL LANEOther, Freehold25 Oct 2022£293,466First Sale
39 MILL LANEFlat, LeaseholdArea: 34 Sq.mtrAge: before 190017 Mar 2022£235,00048.73%
13 May 2005£158,000First Sale
29 MILL LANEOther, Freehold13 May 2015£100,000-33.33%
30 Jul 2002£150,000First Sale
18 MILL LANEFlat, Leasehold14 Sep 2012£65,000-13.33%
18 May 2001£75,000First Sale
22 MILL LANEFlat, LeaseholdArea: 34 Sq.mtrAge: 1950-196629 Nov 2007£235,000245.59%
29 May 1998£68,000First Sale
20 MILL LANEFlat, LeaseholdArea: 59.3 Sq.mtrAge: 1900-192925 Aug 2006£212,50067.32%
31 Oct 2001£127,00069.33%
18 Jun 1999£75,000First Sale

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

MILL LANE, IG8 0UG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £327,955 median price is £265,500 Standard Deviation is £213,329 with Total Sold: 384
    • The Last 5 Year average price is £590,327 with Total Sold: 46
    • The most recent sale happened at this postcode is , 75 BEECHWOOD DRIVE: £500,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 ELM GROVE: £77,600 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £218,554 median price is £205,000 Standard Deviation is £116,978 with Total Sold: 1,454
    • The Last 5 Year average price is £343,512 with Total Sold: 231
    • The most recent sale happened at this postcode is , 71 CHINGFORD LANE: £300,610 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 31 ANWORTH CLOSE: £105,000 (Sold on 11 Jan 1995)
  • Semi-Detached
    • The average price is around £438,743 median price is £392,500 Standard Deviation is £266,446 with Total Sold: 504
    • The Last 5 Year average price is £796,680 with Total Sold: 71
    • The most recent sale happened at this postcode is , 75 MONTALT ROAD: £895,000 (Sold on 17 Jul 2024)
    • The first recorded sale happened at this postcode is , 3 COLWALL GARDENS: £141,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £1,350,835 median price is £267,983 Standard Deviation is £3,666,570 with Total Sold: 32
    • The Last 5 Year average price is £2,072,458 with Total Sold: 18
    • 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 , 475 HIGH ROAD: £7,500 (Sold on 13 Dec 2013)
  • Detached
    • The average price is around £596,244 median price is £450,000 Standard Deviation is £428,709 with Total Sold: 417
    • The Last 5 Year average price is £1,267,801 with Total Sold: 45
    • The most recent sale happened at this postcode is , 24A SNAKES LANE WEST: £1,110,000 (Sold on 07 Feb 2024)
    • The first recorded sale happened at this postcode is , 4A THE GREEN: £380,000 (Sold on 05 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£500,0001
2023£556,583 £6,613 6
2022£615,236 £7,188 10
2021£534,818 £5,826 11
2020£606,994 £5,825 8
2019£642,425 £6,225 10
2018£536,231 £5,534 13
2017£580,620 £5,500 9
2016£495,625 £5,440 16
2015£473,862 £4,852 20
2014£514,550 £4,372 10
2013£434,889 £4,162 17
2012£372,000 £4,432 7
2011£392,523 £3,344 11
2010£501,875 £4,239 4
2009£256,167 £3,230 6
2008£451,300 £3,195 5
2007£307,494 £3,822 16
2006£266,182 £3,288 22
2005£311,267 £2,717 15
2004£225,800 £3,152 14
2003£267,316 £2,982 19
2002£234,108 £2,771 23
2001£164,066 £2,094 15
2000£165,388 £1,892 18
1999£134,450 £1,548 12
1998£152,280 £1,268 15
1997£121,190 £1,220 21
1996£91,773 £1,051 11
1995£102,894 £1,209 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£363,562 £5,096 18
2023£335,500 £5,238 42
2022£415,399 £5,980 44
2021£309,135 £5,211 49
2020£333,859 £4,987 39
2019£314,628 £4,759 39
2018£333,064 £5,333 50
2017£381,090 £5,334 39
2016£333,217 £5,141 47
2015£291,497 £4,619 43
2014£248,010 £3,931 54
2013£239,412 £3,721 55
2012£214,801 £3,446 44
2011£233,735 £3,976 46
2010£230,264 £3,537 56
2009£217,558 £3,156 26
2008£210,358 £3,224 37
2007£227,915 £3,589 68
2006£215,112 £3,056 60
2005£206,289 £2,990 57
2004£184,235 £2,814 63
2003£175,261 £2,706 57
2002£149,248 £2,285 64
2001£142,607 £2,071 55
2000£113,739 £1,650 44
1999£95,568 £1,450 65
1998£101,883 £1,419 71
1997£70,851 £999 45
1996£61,959 £948 40
1995£63,396 £1,032 37
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,033,757 £5,998 6
2023£751,667 £6,573 18
2022£766,500 £6,153 9
2021£777,250 £6,018 15
2020£763,333 £6,340 12
2019£828,591 £5,996 11
2018£791,422 £5,638 16
2017£810,300 £5,644 10
2016£584,062 £5,810 8
2015£594,338 £4,556 17
2014£600,842 £4,333 19
2013£531,639 £4,134 18
2012£513,254 £3,692 19
2011£529,163 £3,605 13
2010£464,461 £4,256 13
2009£374,250 £3,060 6
2008£468,955 £3,123 11
2007£522,394 £3,870 19
2006£418,629 £2,862 31
2005£381,142 £3,020 33
2004£359,281 £3,395 16
2003£315,857 £2,502 14
2002£287,416 £2,398 24
2001£264,666 £1,968 18
2000£241,424 £2,220 14
1999£204,575 £1,543 20
1998£145,476 £1,283 21
1997£148,312 £1,285 20
1996£136,056 £1,261 26
1995£134,019 £1,088 27
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£4,150,0001
2023£350,000 £4,430 1
2022£490,4005
2021£1,803,750 £7,060 4
2020£381,208 £1,476 6
2019£20,850,0001
2018£249,426 £1,714 7
2017£383,0003
2016£1,460,000 £28,000 2
2015£100,0001
2013£7,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,110,0001
2023£1,441,250 £7,822 8
2022£1,144,921 £7,127 12
2021£1,321,571 £6,164 14
2020£1,206,250 £5,497 4
2019£1,224,167 £6,015 6
2018£1,153,376 £6,024 11
2017£1,020,000 £4,689 8
2016£995,909 £6,225 11
2015£959,733 £5,402 9
2014£967,550 £4,635 9
2013£731,500 £4,213 10
2012£638,375 £4,030 8
2011£665,091 £3,921 11
2010£748,814 £3,912 11
2009£732,350 £3,519 10
2008£832,727 £3,512 11
2007£693,807 £3,903 13
2006£726,177 £3,018 11
2005£578,900 £2,601 10
2004£573,125 £2,521 8
2003£539,966 £3,295 15
2002£454,555 £2,621 18
2001£443,143 £2,322 14
2000£409,156 £2,174 16
1999£330,468 £1,775 17
1998£269,231 £1,541 13
1997£262,170 £1,425 37
1996£255,619 £1,451 62
1995£237,810 £1,295 29

House Type in IG8 0UG area

The most common house types in the IG8 0UG postcode area are Flat (107), commercial building (16), and converted building (15).

Total165
Flat107
commercial building16
converted building15
Terraced11
Detached8
Semi-detached5
Shared house3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Private rented: Private landlord or letting agency (55).

Owned: Owns outright62
Private rented: Private landlord or letting agency55
Owned: Owns with a mortgage or loan28
Social rented: Other social rented8
Private rented: Other private rented7
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG8 0UG have 1 person in household (84), and 2 people in household (47).

1 person in household84
2 people in household47
3 people in household12
4 people in household12
5 people in household7
7 people in household1
8 or more people in household1
0 people in household0
6 people in household0