Housing Market Analysis for SNAKES LANE EAST, IG8 7JQ

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

Overview of Sold House prices

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

  • Other
    • The average price is around £3,238,394 median price is £3,960,000 Standard Deviation is £1,020,505 with Total Sold: 3
    • The Last 5 Year average price is £3,960,000 with Total Sold: 2
    • 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 NORTH THAMES GAS HOLDER STATION SNAKES LANE EAST: £1,795,182 (Sold on 01 Oct 2016)
  • Detached
    • The average price is around £225,000 median price is £225,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 178 SNAKES LANE EAST: £225,000 (Sold on 20 Jun 1995)
    • 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:

Below table and chart gives the average IG8 7JQ 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£3,960,0002
2016£1,795,1821
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£225,0001

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

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

AddressSold DatePrice% Change
NORTH THAMES GAS HOLDER STATION SNAKES LANE EASTOther, Freehold18 Dec 2023£3,960,0000.0
18 Dec 2023£3,960,000120.59%
01 Oct 2016£1,795,182First Sale
178 SNAKES LANE EASTDetached, Freehold20 Jun 1995£225,000First Sale

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

SNAKES LANE EAST, IG8 7JQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £281,004 median price is £248,250 Standard Deviation is £164,119 with Total Sold: 1,556
    • The Last 5 Year average price is £538,530 with Total Sold: 235
    • 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 £322,247 median price is £279,320 Standard Deviation is £180,400 with Total Sold: 567
    • The Last 5 Year average price is £597,566 with Total Sold: 74
    • 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 £185,291 median price is £170,000 Standard Deviation is £100,548 with Total Sold: 439
    • The Last 5 Year average price is £311,431 with Total Sold: 68
    • 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 £699,657 median price is £435,250 Standard Deviation is £865,507 with Total Sold: 22
    • 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 £362,149 median price is £346,000 Standard Deviation is £197,519 with Total Sold: 30
    • The Last 5 Year average price is £584,583 with Total Sold: 6
    • 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 , 77 PROSPECT ROAD: £95,500 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£575,126 £6,990 16
2023£554,490 £6,219 24
2022£577,561 £6,484 57
2021£535,127 £6,083 55
2020£509,920 £5,675 38
2019£495,885 £5,348 45
2018£494,312 £5,748 36
2017£479,735 £5,358 43
2016£465,481 £5,410 37
2015£401,768 £4,760 59
2014£377,677 £4,325 48
2013£303,779 £3,643 43
2012£295,837 £3,500 27
2011£286,749 £3,121 36
2010£297,228 £3,382 45
2009£255,656 £2,784 32
2008£284,311 £3,119 37
2007£279,602 £3,144 65
2006£257,970 £2,910 88
2005£242,924 £2,730 56
2004£228,864 £2,665 74
2003£221,070 £2,595 73
2002£192,102 £2,113 72
2001£152,455 £1,841 62
2000£140,721 £1,648 71
1999£110,542 £1,291 75
1998£96,867 £1,136 62
1997£89,395 £978 81
1996£77,175 £932 57
1995£71,295 £836 42
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£656,6676
2023£586,667 £6,360 3
2022£650,875 £6,364 8
2021£606,577 £6,422 26
2020£582,500 £5,702 11
2019£556,718 £5,294 20
2018£562,724 £5,595 21
2017£565,690 £5,688 20
2016£528,500 £5,417 15
2015£505,422 £4,863 25
2014£385,934 £4,428 19
2013£373,312 £3,710 25
2012£326,361 £3,265 18
2011£298,353 £3,486 17
2010£313,500 £3,260 8
2009£284,792 £2,933 12
2008£316,919 £3,335 13
2007£309,972 £2,872 20
2006£261,452 £2,965 22
2005£257,779 £2,597 34
2004£259,993 £2,696 29
2003£233,708 £2,309 12
2002£220,766 £2,942 30
2001£184,123 £1,730 32
2000£156,662 £1,639 20
1999£122,812 £1,187 27
1998£113,977 £1,167 21
1997£94,145 £1,044 23
1996£87,321 £878 14
1995£83,562 £820 16
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£369,8005
2023£288,500 £4,766 8
2022£318,971 £4,950 17
2021£325,308 £5,585 13
2020£310,400 £5,135 10
2019£284,320 £4,878 15
2018£339,375 £5,610 8
2017£292,241 £4,841 17
2016£286,188 £4,906 16
2015£291,800 £4,783 15
2014£226,064 £3,889 17
2013£206,999 £3,471 19
2012£189,833 £3,303 6
2011£193,643 £3,421 7
2010£194,850 £3,149 10
2009£178,636 £2,715 11
2008£167,991 £3,107 6
2007£176,883 £2,944 15
2006£166,069 £3,092 21
2005£196,268 £3,809 28
2004£156,087 £2,471 19
2003£142,462 £2,440 34
2002£118,771 £1,985 20
2001£99,687 £1,527 8
2000£80,577 £1,284 13
1999£67,712 £1,086 24
1998£59,651 £1,082 17
1997£55,230 £870 23
1996£43,123 £744 11
1995£47,400 £840 6
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£391,833 £6,532 3
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£615,000 £6,910 1
2021£572,500 £4,871 2
2019£585,000 £7,024 1
2018£575,000 £5,928 1
2014£423,239 £3,316 2
2013£350,000 £3,933 1
2012£370,500 £3,376 4
2011£450,0002
2006£630,000 £4,437 2
2003£218,333 £1,788 3
2002£215,0001
2000£205,0001
1999£117,000 £1,405 1
1998£111,000 £1,442 1
1997£95,000 £841 1
1996£112,500 £879 2
1995£160,2502

House Type in IG8 7JQ area

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