Housing Market Analysis for SNAKES LANE EAST, IG8 7JL

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £138,070 median price is £143,500 Standard Deviation is £50,928 with Total Sold: 12
    • The Last 5 Year average price is £225,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 309 SNAKES LANE EAST: £225,000 (Sold on 01 Apr 2021)
    • The first recorded sale happened at this postcode is 337 SNAKES LANE EAST: £54,500 (Sold on 03 Nov 1999)
  • Terraced
    • The average price is around £202,300 median price is £250,000 Standard Deviation is £116,688 with Total Sold: 5
    • The most recent sale happened at this postcode is 297 SNAKES LANE EAST: £260,000 (Sold on 05 Mar 2007)
    • The first recorded sale happened at this postcode is 303 SNAKES LANE EAST: £74,000 (Sold on 15 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7JL 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£225,000 £6,060 1
2017£219,995 £5,626 1
2016£185,000 £4,512 1
2011£147,000 £3,959 1
2008£148,000 £4,000 1
2006£135,000 £3,777 3
2002£94,172 £2,545 2
2000£84,000 £1,135 1
1999£54,500 £1,236 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£260,0001
2004£365,0001
2000£156,250 £1,675 2
1995£74,0001

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

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

AddressSold DatePrice% Change
309 SNAKES LANE EASTFlat, LeaseholdArea: 37.13 Sq.mtrAge: 1950-196601 Apr 2021£225,00053.06%
05 May 2011£147,000-2.00%
15 Dec 2006£150,00066.68%
30 May 2002£89,995First Sale
339 SNAKES LANE EASTFlat, LeaseholdArea: 39.1 Sq.mtrAge: 1967-197510 Nov 2017£219,995First Sale
313 SNAKES LANE EASTFlat, LeaseholdArea: 41 Sq.mtrAge: 1967-197520 Dec 2016£185,000First Sale
337 SNAKES LANE EASTFlat, LeaseholdArea: 37 Sq.mtrAge: 1976-198209 May 2008£148,00050.48%
08 May 2002£98,35080.46%
03 Nov 1999£54,500First Sale
297 SNAKES LANE EASTTerraced, Freehold05 Mar 2007£260,000First Sale
307 SNAKES LANE EASTFlat, Leasehold21 Dec 2006£115,000First Sale
311 SNAKES LANE EASTFlat, LeaseholdArea: 40 Sq.mtrAge: 1976-198212 Apr 2006£140,000First Sale
303 SNAKES LANE EASTTerraced, Freehold28 May 2004£365,00046.00%
07 Jul 2000£250,000237.84%
15 Nov 1995£74,000First Sale
317 SNAKES LANE EASTTerraced, LeaseholdArea: 37.32 Sq.mtrAge: 1950-196617 Nov 2000£62,500First Sale
345 SNAKES LANE EASTFlat, LeaseholdArea: 74 Sq.mtrAge: 1950-196609 Oct 2000£84,000First Sale

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

SNAKES LANE EAST, IG8 7JL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £257,749 median price is £235,000 Standard Deviation is £150,306 with Total Sold: 1,630
    • The Last 5 Year average price is £493,735 with Total Sold: 230
    • The most recent sale happened at this postcode is , 29 CANFIELD ROAD: £550,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 646B CHIGWELL ROAD: £38,950 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £286,961 median price is £250,000 Standard Deviation is £167,746 with Total Sold: 419
    • The Last 5 Year average price is £544,088 with Total Sold: 57
    • The most recent sale happened at this postcode is , 29 BRACKLEY SQUARE: £740,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 GALES WAY: £101,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £181,911 median price is £171,250 Standard Deviation is £98,006 with Total Sold: 432
    • The Last 5 Year average price is £308,212 with Total Sold: 59
    • 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 , 9 WESTFIELD PARK DRIVE: £57,500 (Sold on 16 Feb 1995)
  • Other
    • The average price is around £795,939 median price is £400,000 Standard Deviation is £1,191,121 with Total Sold: 24
    • The Last 5 Year average price is £568,553 with Total Sold: 16
    • 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 , 36 GAYNES HILL ROAD: £475,000 (Sold on 19 Jun 2015)
  • Detached
    • The average price is around £336,374 median price is £305,000 Standard Deviation is £184,227 with Total Sold: 41
    • The Last 5 Year average price is £559,375 with Total Sold: 4
    • 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 , 178 SNAKES LANE EAST: £225,000 (Sold on 20 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£529,33312
2023£501,979 £6,297 35
2022£522,737 £6,412 39
2021£488,616 £5,919 67
2020£479,364 £5,729 37
2019£469,432 £5,368 40
2018£476,988 £5,590 40
2017£439,546 £5,407 45
2016£424,568 £5,120 42
2015£374,522 £4,707 58
2014£334,008 £4,265 61
2013£280,024 £3,566 42
2012£279,276 £3,598 29
2011£262,986 £3,136 35
2010£272,236 £3,388 36
2009£249,408 £3,025 38
2008£255,141 £3,182 46
2007£268,900 £3,045 66
2006£249,072 £2,993 91
2005£232,870 £2,779 52
2004£221,332 £2,804 75
2003£213,421 £2,667 69
2002£168,971 £2,161 82
2001£139,508 £1,889 76
2000£132,531 £1,691 64
1999£108,424 £1,364 81
1998£93,220 £1,242 71
1997£84,586 £1,059 94
1996£72,984 £971 56
1995£68,189 £908 51
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£629,2867
2023£488,125 £6,644 8
2022£445,000 £5,740 2
2021£554,476 £6,281 21
2020£567,143 £5,119 7
2019£516,583 £4,924 12
2018£511,218 £5,507 17
2017£504,307 £5,264 14
2016£475,500 £5,179 10
2015£387,222 £4,426 9
2014£379,633 £4,322 15
2013£307,569 £3,334 14
2012£303,792 £3,138 6
2011£333,250 £3,442 12
2010£319,000 £3,475 5
2009£295,625 £2,709 8
2008£291,143 £2,306 7
2007£295,452 £3,174 18
2006£249,861 £2,753 22
2005£253,452 £2,513 21
2004£246,325 £3,150 20
2003£210,645 £2,461 17
2002£188,750 £3,554 18
2001£166,630 £1,760 23
2000£160,840 £1,706 11
1999£122,381 £1,200 28
1998£111,882 £1,306 17
1997£95,086 £996 22
1996£84,000 £937 13
1995£83,717 £838 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£366,333 £4,844 3
2023£307,000 £4,874 8
2022£322,231 £5,285 13
2021£288,429 £4,902 14
2020£343,312 £4,994 8
2019£281,231 £4,667 13
2018£317,636 £5,317 11
2017£326,711 £5,075 17
2016£281,750 £4,508 20
2015£244,800 £3,913 15
2014£228,606 £3,625 17
2013£207,392 £3,304 14
2012£202,227 £3,272 11
2011£198,700 £3,301 10
2010£184,125 £3,286 8
2009£178,444 £2,647 9
2008£189,421 £3,607 7
2007£176,821 £2,811 14
2006£152,421 £2,788 19
2005£194,497 £3,470 29
2004£142,898 £2,187 15
2003£139,841 £2,477 24
2002£117,987 £2,082 25
2001£102,468 £1,615 8
2000£82,786 £1,313 21
1999£70,370 £1,208 23
1998£63,542 £1,039 12
1997£53,235 £793 17
1996£44,938 £633 12
1995£52,996 £989 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,206,250 £6,071 4
2022£320,000 £5,755 2
2021£580,0002
2020£1,200,000 £5,714 2
2019£11,975 £80 6
2018£220,750 £2,586 2
2017£2,450,0001
2016£1,659,796 £40,431 4
2015£475,000 £2,669 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£581,250 £5,777 2
2021£537,500 £5,094 2
2018£680,000 £3,799 1
2017£616,750 £4,197 4
2016£433,750 £6,431 2
2015£560,000 £5,957 1
2014£293,787 £3,255 3
2013£313,500 £3,848 2
2012£412,500 £4,118 1
2009£462,000 £2,662 2
2007£308,000 £6,553 1
2006£350,0001
2005£340,000 £2,557 1
2003£226,250 £1,931 4
2002£211,667 £2,949 3
2000£240,000 £2,609 1
1999£129,995 £765 1
1998£144,500 £1,825 5
1997£84,0001
1996£97,498 £982 2
1995£225,0001

House Type in IG8 7JL area

The most common house types in the IG8 7JL postcode area are Flat (56), Terraced (50), and Semi-detached (10).

Total131
Flat56
Terraced50
Semi-detached10
commercial building7
Detached4
Shared house4
converted 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 (33), and Social rented: Other social rented (32).

Owned: Owns with a mortgage or loan33
Social rented: Other social rented32
Owned: Owns outright30
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority11
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG8 7JL have 1 person in household (58), and 2 people in household (27).

1 person in household58
2 people in household27
3 people in household22
4 people in household17
5 people in household2
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0