Housing Market Analysis for STRATA TERRACE, IG8 7FA

Are you looking to understand IG8 7FA 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 7FA area, explore the IG8 7FA Area information page.
For comprehensive crime statistics in the IG8 7FA area, explore the IG8 7FA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG8 7FA postcode area, The average prices are as follows,

  • Flat
    • The average price is around £373,250 median price is £358,000 Standard Deviation is £62,671 with Total Sold: 8
    • The Last 5 Year average price is £405,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 STRATA TERRACE: £361,000 (Sold on 09 Apr 2021)
    • The first recorded sale happened at this postcode is 2 STRATA TERRACE: £450,000 (Sold on 19 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7FA 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£361,000 £7,681 1
2016£325,000 £6,915 1
2015£370,000 £6,862 5
2024£450,0001

All the Sales in the STRATA TERRACE, IG8 7FA

See the table below for more details on the sold house prices in the IG8 7FA, Redbridge postcode.

AddressSold DatePrice% Change
1 STRATA TERRACEFlat, LeaseholdArea: 47 Sq.mtr09 Apr 2021£361,00011.08%
04 Mar 2016£325,000First Sale
4 STRATA TERRACEFlat, LeaseholdArea: 68 Sq.mtr14 Dec 2015£460,000First Sale
8 STRATA TERRACEFlat, Leasehold10 Dec 2015£265,000First Sale
5 STRATA TERRACEFlat, LeaseholdArea: 48 Sq.mtr27 Nov 2015£345,000First Sale
3 STRATA TERRACEFlat, LeaseholdArea: 49 Sq.mtr02 Nov 2015£355,000First Sale
2 STRATA TERRACEFlat, LeaseholdArea: 68 Sq.mtr30 Oct 2015£425,000-5.56%
19 Jul 2024£450,000First Sale

Check out the sold house prices near the IG8 7FA postcode. Properties currently for saleProperties currently for rent

STRATA TERRACE, IG8 7FA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG8 7FA 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 7FA postcode.

  • Terraced
    • The average price is around £291,019 median price is £250,000 Standard Deviation is £170,187 with Total Sold: 1,310
    • The Last 5 Year average price is £548,433 with Total Sold: 203
    • 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 £413,244 median price is £332,000 Standard Deviation is £282,471 with Total Sold: 945
    • The Last 5 Year average price is £748,719 with Total Sold: 137
    • 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 , 18 GLEN CRESCENT: £125,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £199,857 median price is £188,000 Standard Deviation is £107,456 with Total Sold: 877
    • The Last 5 Year average price is £337,616 with Total Sold: 138
    • 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)
  • Other
    • The average price is around £526,994 median price is £360,000 Standard Deviation is £724,566 with Total Sold: 35
    • The Last 5 Year average price is £673,586 with Total Sold: 19
    • The most recent sale happened at this postcode is , NORTH THAMES GAS HOLDER STATION SNAKES LANE EAST: £3,960,000 (Sold on 18 Dec 2023)
    • The first recorded sale happened at this postcode is , 98 SNAKES LANE EAST: £200,000 (Sold on 30 Sep 2013)
  • Detached
    • The average price is around £687,646 median price is £575,000 Standard Deviation is £487,379 with Total Sold: 297
    • The Last 5 Year average price is £1,256,270 with Total Sold: 38
    • The most recent sale happened at this postcode is , 2 LINDEN CRESCENT: £900,000 (Sold on 09 Oct 2023)
    • The first recorded sale happened at this postcode is , 10 TUDOR CLOSE: £182,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£578,059 £6,418 17
2023£596,488 £6,235 21
2022£574,366 £6,364 49
2021£537,849 £6,047 51
2020£545,409 £5,520 27
2019£491,534 £5,437 38
2018£511,431 £5,754 32
2017£499,162 £5,317 37
2016£494,888 £5,191 35
2015£413,495 £4,661 50
2014£382,188 £4,237 40
2013£325,140 £3,621 32
2012£297,959 £3,373 22
2011£303,655 £3,125 32
2010£303,654 £3,427 39
2009£271,659 £2,705 22
2008£297,032 £3,041 31
2007£296,304 £3,156 50
2006£254,155 £2,788 64
2005£246,209 £2,651 55
2004£230,915 £2,603 56
2003£224,076 £2,442 59
2002£203,956 £2,066 62
2001£166,131 £1,721 59
2000£153,164 £1,581 64
1999£114,232 £1,207 62
1998£100,023 £1,066 48
1997£89,534 £998 63
1996£85,191 £839 61
1995£73,022 £750 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£937,857 £6,947 7
2023£973,244 £7,127 11
2022£735,200 £6,392 20
2021£735,475 £6,340 40
2020£681,652 £6,092 23
2019£708,412 £5,879 36
2018£661,026 £5,749 27
2017£755,702 £5,900 35
2016£572,060 £5,407 25
2015£615,432 £4,851 36
2014£533,675 £4,577 32
2013£466,567 £3,835 42
2012£430,340 £3,706 36
2011£401,072 £3,668 26
2010£528,550 £3,630 20
2009£369,881 £3,108 21
2008£396,497 £3,395 18
2007£442,639 £3,162 32
2006£345,623 £2,861 32
2005£315,456 £2,648 42
2004£320,572 £2,648 32
2003£318,608 £2,394 30
2002£296,418 £2,834 49
2001£226,426 £1,913 48
2000£230,537 £1,927 37
1999£172,828 £1,241 44
1998£163,216 £1,176 37
1997£136,716 £1,062 40
1996£119,350 £1,048 30
1995£113,858 £832 37
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,214 £5,237 14
2023£319,306 £5,048 18
2022£362,797 £5,653 32
2021£344,020 £5,245 32
2020£314,250 £4,910 14
2019£299,174 £4,873 28
2018£348,800 £5,434 15
2017£305,466 £4,833 29
2016£278,466 £4,695 35
2015£281,540 £4,496 39
2014£240,089 £4,042 29
2013£218,371 £3,563 35
2012£210,817 £3,042 24
2011£225,060 £4,068 30
2010£251,602 £3,451 25
2009£216,711 £2,818 31
2008£184,600 £3,129 17
2007£203,348 £3,263 38
2006£173,119 £2,767 38
2005£168,442 £2,609 26
2004£168,943 £2,518 36
2003£147,544 £2,410 45
2002£125,559 £1,924 34
2001£113,178 £1,673 28
2000£91,583 £1,337 33
1999£75,968 £1,124 44
1998£65,870 £1,065 34
1997£55,435 £875 37
1996£44,609 £749 16
1995£51,874 £747 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,200,000 £7,458 2
2022£280,000 £6,667 2
2021£365,417 £4,834 3
2020£484,667 £4,675 6
2019£638,980 £5,788 6
2018£330,212 £2,938 7
2017£21,333 £147 3
2016£898,0912
2015£420,000 £8,621 2
2013£317,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,786,500 £9,153 4
2022£1,173,278 £7,426 9
2021£1,232,200 £8,731 10
2020£1,118,938 £6,439 8
2019£1,251,321 £7,205 7
2018£1,333,125 £6,456 8
2017£983,086 £6,076 7
2016£938,182 £7,083 11
2015£1,084,068 £5,692 12
2014£920,897 £5,231 11
2013£836,429 £4,258 7
2012£634,625 £4,230 8
2011£888,077 £4,769 13
2010£947,500 £4,147 10
2009£651,481 £3,347 8
2008£520,300 £4,102 5
2007£807,379 £3,825 10
2006£700,577 £3,843 13
2005£559,312 £2,499 8
2004£627,854 £2,786 12
2003£444,750 £2,672 16
2002£480,250 £2,206 12
2001£368,923 £2,077 13
2000£311,571 £1,832 7
1999£288,392 £1,274 14
1998£256,421 £1,404 7
1997£224,900 £891 10
1996£244,622 £1,298 16
1995£222,881 £1,385 21

House Type in IG8 7FA area

The most common house types in the IG8 7FA postcode area are Semi-detached (83), Flat (36), and Shared house (8).

Total139
Semi-detached83
Flat36
Shared house8
commercial building8
Detached3
Terraced1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Private rented: Private landlord or letting agency (42).

Owned: Owns outright58
Private rented: Private landlord or letting agency42
Owned: Owns with a mortgage or loan35
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IG8 7FA have 2 people in household (42), and 1 person in household (37).

2 people in household42
1 person in household37
3 people in household25
4 people in household24
5 people in household11
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0