Housing Market Analysis for RIBBLE CLOSE, IG8 7LY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £259,700 median price is £237,500 Standard Deviation is £125,975 with Total Sold: 10
    • The Last 5 Year average price is £470,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 RIBBLE CLOSE: £453,000 (Sold on 19 Apr 2021)
    • The first recorded sale happened at this postcode is 10 RIBBLE CLOSE: £90,000 (Sold on 28 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7LY 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
2021£453,000 £6,040 1
2020£488,000 £5,741 1
2013£309,995 £4,189 1
2012£280,000 £3,294 1
2010£250,000 £3,333 1
2007£225,000 £2,961 1
2004£208,500 £2,836 2
1998£84,000 £1,120 1
1997£90,000 £1,250 1

All the Sales in the RIBBLE CLOSE, IG8 7LY

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

AddressSold DatePrice% Change
9 RIBBLE CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1976-198219 Apr 2021£453,00081.20%
05 Nov 2010£250,00016.82%
30 Sep 2004£214,000154.76%
12 Feb 1998£84,000First Sale
5 RIBBLE CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1983-199028 May 2020£488,00074.29%
20 Dec 2012£280,000First Sale
6 RIBBLE CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-197519 Nov 2013£309,995First Sale
4 RIBBLE CLOSETerraced, LeaseholdArea: 76 Sq.mtrAge: 1976-198215 Oct 2007£225,000First Sale
10 RIBBLE CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-197514 May 2004£203,000125.56%
28 Nov 1997£90,000First Sale

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

RIBBLE CLOSE, IG8 7LY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £288,779 median price is £249,999 Standard Deviation is £169,721 with Total Sold: 1,308
    • The Last 5 Year average price is £554,438 with Total Sold: 202
    • 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 £393,518 median price is £315,000 Standard Deviation is £276,902 with Total Sold: 865
    • The Last 5 Year average price is £720,846 with Total Sold: 123
    • 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 £187,033 median price is £170,000 Standard Deviation is £103,227 with Total Sold: 792
    • The Last 5 Year average price is £323,046 with Total Sold: 119
    • 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 £541,380 median price is £367,500 Standard Deviation is £744,096 with Total Sold: 32
    • The Last 5 Year average price is £655,499 with Total Sold: 18
    • 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 £664,808 median price is £542,500 Standard Deviation is £536,531 with Total Sold: 122
    • The Last 5 Year average price is £1,117,531 with Total Sold: 16
    • 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£607,765 £6,717 17
2023£603,490 £6,158 24
2022£579,428 £6,479 46
2021£543,053 £6,176 47
2020£538,635 £5,577 30
2019£495,909 £5,508 38
2018£520,398 £5,876 27
2017£496,839 £5,407 37
2016£489,911 £5,498 25
2015£420,057 £4,811 44
2014£393,192 £4,519 39
2013£333,950 £3,754 30
2012£301,224 £3,465 25
2011£296,139 £3,225 32
2010£310,466 £3,486 37
2009£273,711 £2,790 26
2008£291,500 £3,132 29
2007£289,808 £3,175 59
2006£257,683 £2,826 68
2005£245,361 £2,712 52
2004£230,241 £2,667 56
2003£224,274 £2,517 68
2002£202,639 £2,092 64
2001£166,970 £1,747 59
2000£151,176 £1,611 65
1999£116,078 £1,298 60
1998£100,713 £1,082 51
1997£88,138 £996 68
1996£85,879 £874 54
1995£72,329 £757 31
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£863,125 £6,958 8
2023£836,932 £6,837 12
2022£714,733 £6,590 15
2021£717,186 £6,363 35
2020£694,026 £6,155 19
2019£667,849 £5,571 34
2018£645,704 £5,911 28
2017£756,440 £6,004 29
2016£552,000 £5,470 20
2015£576,196 £4,953 34
2014£500,850 £4,628 26
2013£447,805 £3,888 42
2012£419,945 £3,643 32
2011£397,281 £3,652 24
2010£493,389 £3,522 18
2009£360,395 £3,068 19
2008£352,997 £3,302 19
2007£410,804 £3,148 31
2006£314,326 £2,915 32
2005£308,749 £2,674 45
2004£273,719 £2,674 31
2003£293,662 £2,337 26
2002£289,409 £2,818 44
2001£211,196 £1,886 43
2000£214,188 £1,870 34
1999£162,448 £1,218 41
1998£144,470 £1,087 33
1997£125,103 £1,045 37
1996£107,417 £1,038 24
1995£110,125 £818 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,900 £4,348 10
2023£305,893 £5,022 14
2022£314,071 £5,082 28
2021£345,738 £5,182 28
2020£319,469 £4,954 16
2019£294,124 £4,757 23
2018£353,571 £5,366 14
2017£302,215 £4,715 26
2016£275,125 £4,597 32
2015£278,727 £4,280 33
2014£230,036 £3,937 29
2013£207,407 £3,327 27
2012£194,124 £3,020 21
2011£199,312 £3,132 16
2010£195,656 £2,938 16
2009£215,227 £2,784 31
2008£177,802 £3,047 18
2007£192,808 £3,221 30
2006£169,842 £2,745 36
2005£158,909 £2,569 22
2004£164,313 £2,451 35
2003£144,952 £2,369 48
2002£125,188 £1,939 35
2001£104,020 £1,520 25
2000£86,398 £1,263 32
1999£68,855 £1,102 41
1998£62,526 £1,040 32
1997£53,109 £853 38
1996£43,569 £734 18
1995£47,908 £730 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,200,000 £7,458 2
2022£280,000 £6,667 2
2021£545,500 £7,215 2
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£837,333 £6,354 3
2021£746,400 £9,224 5
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£1,242,300 £5,269 5
2014£715,493 £4,294 3
2013£428,333 £4,583 3
2012£370,500 £3,376 4
2011£885,938 £5,130 8
2010£1,086,500 £4,644 5
2009£630,600 £3,812 4
2008£398,0001
2007£715,9464
2006£664,499 £4,194 5
2005£474,750 £2,585 2
2004£508,000 £2,673 5
2003£384,857 £2,068 7
2002£601,6673
2001£322,399 £1,766 5
2000£216,000 £2,208 3
1999£257,642 £1,045 7
1998£227,475 £1,809 2
1997£181,500 £865 6
1996£257,600 £950 5
1995£180,917 £1,288 6

House Type in IG8 7LY area

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