Housing Market Analysis for REX PARADE, IG8 7HU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £178,316 median price is £169,999 Standard Deviation is £96,139 with Total Sold: 3
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5A REX PARADE: £300,000 (Sold on 09 Jan 2023)
    • The first recorded sale happened at this postcode is 5A REX PARADE: £64,950 (Sold on 30 Apr 1997)
  • Flat
    • The average price is around £77,000 median price is £77,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1A REX PARADE: £77,000 (Sold on 15 Dec 1999)
    • The first recorded sale happened at this postcode is 1A REX PARADE: £77,000 (Sold on 15 Dec 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7HU 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £3,261 1
2003£169,999 £1,848 1
1997£64,950 £706 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£77,000 £1,375 1

All the Sales in the REX PARADE, IG8 7HU

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

AddressSold DatePrice% Change
5A REX PARADETerraced, LeaseholdArea: 92 Sq.mtrAge: 1950-196609 Jan 2023£300,00076.47%
11 Aug 2003£169,999161.74%
30 Apr 1997£64,950First Sale
1A REX PARADEFlat, LeaseholdArea: 56 Sq.mtrAge: 1900-192915 Dec 1999£77,000First Sale

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

REX PARADE, IG8 7HU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £291,733 median price is £250,000 Standard Deviation is £169,405 with Total Sold: 1,315
    • The Last 5 Year average price is £547,781 with Total Sold: 206
    • 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 £404,050 median price is £320,000 Standard Deviation is £281,306 with Total Sold: 957
    • The Last 5 Year average price is £745,564 with Total Sold: 134
    • 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 £196,848 median price is £185,000 Standard Deviation is £105,332 with Total Sold: 801
    • The Last 5 Year average price is £326,891 with Total Sold: 128
    • 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 £525,134 median price is £360,000 Standard Deviation is £738,476 with Total Sold: 33
    • The Last 5 Year average price is £621,275 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 £686,434 median price is £547,500 Standard Deviation is £534,942 with Total Sold: 196
    • The Last 5 Year average price is £1,267,077 with Total Sold: 26
    • 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 , 35 LINDEN CRESCENT: £167,000 (Sold on 11 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£578,059 £6,418 17
2023£597,330 £6,169 22
2022£574,366 £6,364 49
2021£536,467 £6,031 52
2020£545,409 £5,520 27
2019£489,957 £5,427 39
2018£504,712 £5,741 32
2017£496,769 £5,313 39
2016£487,613 £5,176 36
2015£412,937 £4,660 52
2014£382,040 £4,278 38
2013£325,140 £3,621 32
2012£299,439 £3,372 23
2011£298,264 £3,112 32
2010£302,020 £3,449 37
2009£267,456 £2,705 23
2008£294,693 £3,077 31
2007£294,440 £3,154 55
2006£254,181 £2,788 66
2005£245,862 £2,667 54
2004£229,441 £2,603 55
2003£221,945 £2,452 59
2002£203,830 £2,067 63
2001£165,775 £1,716 59
2000£151,388 £1,582 63
1999£112,690 £1,213 60
1998£99,816 £1,065 47
1997£89,389 £993 64
1996£84,172 £838 56
1995£73,082 £757 33
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£904,286 £6,958 7
2023£934,640 £7,016 12
2022£734,789 £6,478 19
2021£734,250 £6,431 38
2020£691,205 £6,189 22
2019£702,524 £5,848 36
2018£654,817 £5,735 29
2017£755,723 £5,938 34
2016£565,660 £5,414 25
2015£605,420 £4,992 37
2014£523,794 £4,669 31
2013£455,995 £3,850 41
2012£422,434 £3,672 34
2011£387,050 £3,596 27
2010£517,600 £3,568 20
2009£364,205 £3,108 22
2008£384,576 £3,214 19
2007£429,695 £3,166 33
2006£329,513 £2,890 34
2005£312,424 £2,647 44
2004£303,651 £2,667 35
2003£316,408 £2,451 30
2002£293,620 £2,775 50
2001£214,437 £1,848 49
2000£226,260 £1,912 38
1999£171,321 £1,241 45
1998£163,216 £1,176 37
1997£132,124 £1,057 43
1996£117,984 £1,048 31
1995£114,364 £839 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£385,692 £5,237 13
2023£312,656 £5,083 16
2022£320,980 £5,238 25
2021£342,922 £5,205 30
2020£322,735 £4,949 17
2019£297,291 £4,951 27
2018£348,000 £5,386 15
2017£303,779 £4,804 29
2016£276,428 £4,675 35
2015£279,326 £4,414 37
2014£228,696 £3,986 26
2013£210,482 £3,483 29
2012£207,505 £2,980 21
2011£225,064 £4,107 28
2010£253,548 £3,362 22
2009£217,068 £2,792 30
2008£176,013 £3,011 15
2007£190,767 £3,110 29
2006£170,377 £2,766 34
2005£163,932 £2,574 22
2004£167,686 £2,457 32
2003£147,127 £2,388 45
2002£125,283 £1,932 32
2001£108,204 £1,573 22
2000£88,195 £1,274 32
1999£72,624 £1,094 41
1998£63,209 £1,042 29
1997£53,387 £827 34
1996£43,269 £736 16
1995£50,297 £723 18
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£382,600 £4,675 5
2019£547,854 £2,900 7
2018£438,000 £5,014 5
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£1,126,583 £7,272 6
2021£1,190,333 £9,018 6
2020£1,050,250 £6,457 6
2019£1,398,750 £7,275 4
2018£1,385,714 £6,326 7
2017£866,320 £6,597 5
2016£956,875 £7,266 8
2015£1,242,750 £5,259 6
2014£849,286 £4,574 5
2013£762,000 £3,886 5
2012£487,000 £3,880 6
2011£845,455 £4,880 11
2010£880,312 £4,075 8
2009£622,058 £3,543 6
2008£520,300 £4,102 5
2007£812,7575
2006£713,437 £4,149 8
2005£500,900 £2,585 5
2004£601,000 £2,772 10
2003£385,667 £2,202 9
2002£498,125 £2,354 8
2001£317,388 £2,077 9
2000£216,000 £2,208 3
1999£256,900 £1,274 10
1998£254,990 £1,348 5
1997£216,625 £891 8
1996£268,688 £1,176 8
1995£182,650 £1,288 10

House Type in IG8 7HU area

The most common house types in the IG8 7HU postcode area are Flat (71), Terraced (31), and Semi-detached (13).

Total134
Flat71
Terraced31
Semi-detached13
commercial building10
Detached5
Shared house4
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (37), and Private rented: Private landlord or letting agency (31).

Social rented: Other social rented37
Private rented: Private landlord or letting agency31
Owned: Owns with a mortgage or loan21
Owned: Owns outright20
Social rented: Rents from council or Local Authority20
Lives rent free4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IG8 7HU have 1 person in household (65), and 2 people in household (35).

1 person in household65
2 people in household35
3 people in household16
4 people in household7
5 people in household5
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0