Housing Market Analysis for SNAKES LANE EAST, IG8 7HY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £267,136 median price is £175,000 Standard Deviation is £161,689 with Total Sold: 11
    • The Last 5 Year average price is £495,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 122 SNAKES LANE EAST: £505,000 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is 122 SNAKES LANE EAST: £87,000 (Sold on 23 Dec 1996)
  • Other
    • The average price is around £432,500 median price is £432,500 Standard Deviation is £7,500 with Total Sold: 2
    • The Last 5 Year average price is £432,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 110A SNAKES LANE EAST: £440,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is 112 SNAKES LANE EAST: £425,000 (Sold on 25 Aug 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7HY 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£505,000 £4,280 2
2022£475,000 £4,567 1
2012£175,0001
2009£175,000 £1,521 1
2008£250,000 £2,381 1
2002£280,750 £1,587 2
1998£110,000 £1,058 1
1997£95,0001
1996£87,000 £737 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£440,000 £7,458 1
2021£425,000 £9,227 1

All the Sales in the SNAKES LANE EAST, IG8 7HY

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

AddressSold DatePrice% Change
122 SNAKES LANE EASTTerraced, FreeholdArea: 118 Sq.mtrAge: 1967-197508 Sep 2023£505,0000.0
08 Sep 2023£505,000480.46%
23 Dec 1996£87,000First Sale
110A SNAKES LANE EASTOther, FreeholdArea: 59 Sq.mtrAge: 1900-192926 May 2023£440,000First Sale
122A SNAKES LANE EASTTerraced, FreeholdArea: 104 Sq.mtrAge: 1967-197526 May 2022£475,000187.88%
11 Mar 2002£165,00050.00%
21 Sep 1998£110,000First Sale
112 SNAKES LANE EASTOther, FreeholdArea: 46.06 Sq.mtrAge: before 190025 Aug 2021£425,000First Sale
114 SNAKES LANE EASTTerraced, Freehold07 Sep 2012£175,000First Sale
124A SNAKES LANE EASTTerraced, FreeholdArea: 115.03 Sq.mtrAge: 1967-197516 Feb 2009£175,000First Sale
122B SNAKES LANE EASTTerraced, FreeholdArea: 105 Sq.mtrAge: 1976-198224 Oct 2008£250,000First Sale
120 SNAKES LANE EASTTerraced, Freehold19 Apr 2002£396,500First Sale
124 SNAKES LANE EASTTerraced, Freehold15 Aug 1997£95,000First Sale

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

SNAKES LANE EAST, IG8 7HY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £289,751 median price is £250,000 Standard Deviation is £168,866 with Total Sold: 1,350
    • The Last 5 Year average price is £552,321 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 £390,195 median price is £314,500 Standard Deviation is £272,645 with Total Sold: 862
    • The Last 5 Year average price is £710,367 with Total Sold: 120
    • 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 , 56 ST BARNABAS ROAD: £105,000 (Sold on 31 Jan 1995)
  • Flat
    • The average price is around £191,171 median price is £175,000 Standard Deviation is £104,655 with Total Sold: 759
    • The Last 5 Year average price is £325,289 with Total Sold: 121
    • 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 , 62 PROSPECT ROAD: £46,500 (Sold on 20 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 £657,164 median price is £525,000 Standard Deviation is £523,437 with Total Sold: 131
    • The Last 5 Year average price is £1,130,176 with Total Sold: 17
    • The most recent sale happened at this postcode is , 35 MONKHAMS DRIVE: £3,600,000 (Sold on 28 Jul 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£592,801 £6,990 15
2023£597,760 £6,167 24
2022£581,384 £6,540 50
2021£541,275 £5,998 52
2020£537,776 £5,615 31
2019£500,477 £5,426 41
2018£507,940 £5,839 29
2017£496,839 £5,407 37
2016£488,509 £5,375 30
2015£413,170 £4,681 44
2014£388,961 £4,347 38
2013£327,140 £3,625 32
2012£300,196 £3,450 26
2011£298,923 £3,192 33
2010£309,681 £3,443 40
2009£270,060 £2,790 25
2008£294,297 £3,126 32
2007£289,420 £3,139 60
2006£258,298 £2,810 72
2005£246,726 £2,669 52
2004£230,618 £2,664 59
2003£223,638 £2,506 70
2002£201,544 £2,070 66
2001£167,530 £1,737 58
2000£150,328 £1,625 64
1999£113,985 £1,265 56
1998£101,195 £1,081 53
1997£89,783 £1,014 72
1996£85,345 £865 57
1995£72,756 £757 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£863,125 £6,958 8
2023£787,568 £6,925 10
2022£718,500 £6,653 16
2021£717,186 £6,363 35
2020£675,825 £6,116 20
2019£656,431 £5,589 31
2018£642,657 £5,854 30
2017£740,158 £5,977 29
2016£542,227 £5,360 22
2015£576,161 £4,962 35
2014£481,388 £4,659 26
2013£436,195 £3,828 40
2012£420,022 £3,712 34
2011£397,281 £3,652 24
2010£496,947 £3,600 19
2009£360,375 £3,075 20
2008£355,941 £3,214 18
2007£410,804 £3,148 31
2006£314,326 £2,915 32
2005£304,414 £2,674 44
2004£273,719 £2,674 31
2003£289,894 £2,410 26
2002£291,720 £2,821 43
2001£206,305 £1,820 44
2000£200,594 £1,833 29
1999£162,211 £1,236 40
1998£144,922 £1,092 32
1997£125,790 £1,069 39
1996£106,458 £1,042 24
1995£106,458 £817 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,900 £4,348 10
2023£310,500 £5,078 15
2022£316,180 £5,112 25
2021£345,195 £5,183 29
2020£322,735 £4,949 17
2019£299,674 £4,845 25
2018£353,571 £5,366 14
2017£304,356 £4,728 27
2016£274,844 £4,595 32
2015£279,288 £4,282 35
2014£229,044 £3,970 25
2013£208,111 £3,317 27
2012£193,768 £2,993 19
2011£199,941 £3,071 17
2010£201,375 £2,899 12
2009£217,068 £2,792 30
2008£175,325 £3,030 16
2007£192,742 £3,222 30
2006£170,377 £2,766 34
2005£159,833 £2,574 21
2004£166,938 £2,472 33
2003£144,220 £2,377 44
2002£124,881 £1,942 33
2001£108,204 £1,573 22
2000£86,072 £1,257 31
1999£68,989 £1,080 39
1998£63,209 £1,042 29
1997£53,404 £842 35
1996£43,269 £736 16
1995£47,079 £699 17
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£2,700,000 £9,653 2
2022£876,900 £6,863 5
2021£798,000 £9,923 4
2020£1,031,625 £6,530 4
2019£1,055,000 £7,178 2
2018£1,413,750 £5,957 4
2017£1,006,667 £6,634 3
2016£971,667 £7,881 6
2015£1,452,875 £5,137 4
2014£715,493 £4,294 3
2013£571,667 £4,434 3
2012£414,400 £3,562 5
2011£885,938 £5,130 8
2010£1,086,500 £4,644 5
2009£604,470 £3,650 5
2008£439,6663
2007£715,9464
2006£641,249 £4,194 6
2005£474,750 £2,585 2
2004£473,333 £2,673 6
2003£381,125 £2,068 8
2002£601,6673
2001£321,166 £2,033 6
2000£216,000 £2,208 3
1999£255,874 £1,138 8
1998£162,475 £1,809 2
1997£181,500 £865 6
1996£257,600 £950 5
1995£180,917 £1,288 6

House Type in IG8 7HY area

The most common house types in the IG8 7HY 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 7HY 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