Housing Market Analysis for IG8 7GN

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average IG8 7GN 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.

    All the Sales in the IG8 7GN

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

    AddressSold DatePrice% Change

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

    IG8 7GN Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £287,117 median price is £250,000 Standard Deviation is £166,428 with Total Sold: 1,401
      • The Last 5 Year average price is £550,117 with Total Sold: 213
      • 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 £333,447 median price is £286,750 Standard Deviation is £201,805 with Total Sold: 610
      • The Last 5 Year average price is £604,120 with Total Sold: 82
      • 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 , 17 MADEIRA GROVE: £107,000 (Sold on 10 Feb 1995)
    • Flat
      • The average price is around £180,884 median price is £168,000 Standard Deviation is £99,972 with Total Sold: 523
      • The Last 5 Year average price is £313,814 with Total Sold: 79
      • The most recent sale happened at this postcode is 32, THE RODINGS SNAKES LANE: £388,000 (Sold on 26 Jul 2024)
      • The first recorded sale happened at this postcode is , 62 PROSPECT ROAD: £46,500 (Sold on 20 Jan 1995)
    • Other
      • The average price is around £712,236 median price is £435,000 Standard Deviation is £883,908 with Total Sold: 21
      • The Last 5 Year average price is £752,452 with Total Sold: 15
      • 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 £447,673 median price is £375,000 Standard Deviation is £326,927 with Total Sold: 46
      • The Last 5 Year average price is £756,455 with Total Sold: 11
      • The most recent sale happened at this postcode is , 161 BRACKLEY SQUARE: £527,500 (Sold on 01 Sep 2023)
      • The first recorded sale happened at this postcode is , 16 KINGS AVENUE: £230,000 (Sold on 26 Jan 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£588,715 £6,990 14
    2023£583,693 £6,272 22
    2022£589,651 £6,422 51
    2021£544,673 £6,212 49
    2020£522,707 £5,654 34
    2019£501,357 £5,379 43
    2018£498,944 £5,900 31
    2017£491,076 £5,510 40
    2016£484,665 £5,461 29
    2015£411,970 £4,865 50
    2014£383,233 £4,337 45
    2013£316,892 £3,652 37
    2012£303,824 £3,566 25
    2011£298,719 £3,208 34
    2010£304,824 £3,416 44
    2009£260,500 £2,727 27
    2008£288,411 £3,142 34
    2007£284,643 £3,163 57
    2006£256,433 £2,868 79
    2005£242,722 £2,673 53
    2004£231,446 £2,690 66
    2003£226,304 £2,568 68
    2002£201,019 £2,102 71
    2001£157,193 £1,802 53
    2000£144,565 £1,633 65
    1999£114,457 £1,287 66
    1998£100,835 £1,113 50
    1997£90,925 £985 77
    1996£80,163 £893 52
    1995£73,163 £779 35
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£680,0006
    2023£571,250 £6,497 4
    2022£651,200 £6,681 10
    2021£615,037 £6,320 27
    2020£597,500 £5,763 13
    2019£558,516 £5,319 22
    2018£561,691 £5,844 22
    2017£691,163 £5,925 23
    2016£523,938 £5,453 16
    2015£495,950 £4,842 27
    2014£399,953 £4,477 19
    2013£372,348 £3,818 31
    2012£335,784 £3,491 22
    2011£307,000 £3,571 16
    2010£317,900 £3,328 10
    2009£284,792 £2,933 12
    2008£315,710 £3,447 14
    2007£314,735 £3,037 21
    2006£264,664 £3,044 24
    2005£267,986 £2,635 36
    2004£265,585 £2,670 27
    2003£236,577 £2,309 13
    2002£237,352 £2,901 34
    2001£185,240 £1,722 33
    2000£156,821 £1,704 21
    1999£123,405 £1,225 27
    1998£114,750 £1,158 24
    1997£93,909 £1,052 24
    1996£86,233 £922 15
    1995£83,235 £820 17
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£369,8005
    2023£298,611 £5,047 9
    2022£313,783 £5,162 23
    2021£332,438 £5,783 16
    2020£314,000 £5,247 11
    2019£284,320 £4,878 15
    2018£336,875 £5,683 8
    2017£292,241 £4,841 17
    2016£291,500 £4,981 18
    2015£300,467 £4,872 15
    2014£235,460 £4,077 24
    2013£206,450 £3,481 20
    2012£187,111 £3,160 9
    2011£195,278 £3,450 9
    2010£197,961 £3,017 13
    2009£181,182 £2,742 11
    2008£177,177 £3,161 11
    2007£186,092 £3,290 19
    2006£166,190 £3,060 26
    2005£165,700 £2,681 20
    2004£154,177 £2,474 28
    2003£146,311 £2,416 36
    2002£121,458 £2,042 26
    2001£98,833 £1,562 15
    2000£78,933 £1,250 15
    1999£69,002 £1,138 32
    1998£59,924 £1,081 22
    1997£55,104 £890 27
    1996£44,236 £735 14
    1995£49,378 £854 9
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,600,000 £7,458 3
    2022£280,000 £6,667 2
    2021£517,000 £7,215 3
    2020£1,325,0002
    2019£345,155 £13 5
    2018£370,000 £8,000 2
    2016£1,795,1821
    2015£500,000 £8,621 1
    2013£317,5002
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£581,250 £5,777 2
    2022£831,000 £6,429 2
    2021£561,667 £6,348 3
    2020£1,075,500 £5,955 3
    2019£585,000 £7,024 1
    2018£575,000 £5,928 1
    2015£903,000 £6,159 3
    2014£423,239 £3,316 2
    2013£350,000 £3,933 1
    2012£370,500 £3,376 4
    2011£618,333 £5,153 3
    2006£630,000 £4,437 2
    2003£221,800 £1,653 5
    2002£290,0001
    2001£115,0001
    2000£205,0001
    1999£143,500 £1,318 2
    1998£111,000 £1,442 1
    1997£100,667 £780 3
    1996£112,500 £879 2
    1995£183,500 £1,090 3

    House Type in IG8 7GN area

    The most common house types in the IG8 7GN postcode area are Terraced (54), Semi-detached (43), and Flat (32).

    Total136
    Terraced54
    Semi-detached43
    Flat32
    Detached4
    Shared house2
    converted building1
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (44), and Owned: Owns outright (38).

    Owned: Owns with a mortgage or loan44
    Owned: Owns outright38
    Social rented: Rents from council or Local Authority24
    Private rented: Private landlord or letting agency18
    Social rented: Other social rented9
    Shared ownership: Shared ownership3
    Private rented: Other private rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the IG8 7GN have 2 people in household (38), and 3 people in household (28).

    2 people in household38
    3 people in household28
    4 people in household28
    1 person in household25
    5 people in household11
    6 people in household4
    7 people in household2
    8 or more people in household1
    0 people in household0