Housing Market Analysis for PROSPECT ROAD, IG8 7NE

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £129,909 median price is £124,995 Standard Deviation is £43,053 with Total Sold: 11
    • The Last 5 Year average price is £175,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 12, ABBERTON, 64 PROSPECT ROAD: £175,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is 21, ABBERTON, 64 PROSPECT ROAD: £46,000 (Sold on 14 Feb 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7NE 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
2023£175,000 £5,469 1
2019£175,000 £5,833 1
2017£171,000 £5,609 2
2014£146,498 £3,631 2
2013£100,000 £3,333 1
2009£80,000 £3,077 1
2008£100,000 £3,226 1
2005£118,000 £3,933 1
2000£46,000 £1,533 1

All the Sales in the PROSPECT ROAD, IG8 7NE

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

AddressSold DatePrice% Change
12, ABBERTON, 64 PROSPECT ROADFlat, LeaseholdArea: 32 Sq.mtrAge: 1950-196631 Mar 2023£175,000First Sale
21, ABBERTON, 64 PROSPECT ROADFlat, LeaseholdArea: 30 Sq.mtrAge: 1967-197508 Feb 2019£175,0001.16%
04 Apr 2017£173,00073.00%
18 Jan 2013£100,000-15.25%
16 Sep 2005£118,000156.52%
14 Feb 2000£46,000First Sale
22, ABBERTON, 64 PROSPECT ROADFlat, LeaseholdArea: 31 Sq.mtrAge: 1967-197517 Jan 2017£169,00035.21%
20 Jun 2014£124,99525.00%
27 Feb 2008£100,000First Sale
10, ABBERTON, 64 PROSPECT ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1967-197501 Aug 2014£168,000First Sale
4, ABBERTON, 64 PROSPECT ROADFlat, LeaseholdArea: 26 Sq.mtrAge: 1950-196623 Jul 2009£80,000First Sale

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

PROSPECT ROAD, IG8 7NE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £292,297 median price is £250,000 Standard Deviation is £175,812 with Total Sold: 1,235
    • The Last 5 Year average price is £562,924 with Total Sold: 192
    • 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 £407,222 median price is £330,000 Standard Deviation is £282,915 with Total Sold: 866
    • The Last 5 Year average price is £727,429 with Total Sold: 126
    • 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 , 7 MALVERN DRIVE: £260,000 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £181,747 median price is £169,000 Standard Deviation is £97,878 with Total Sold: 423
    • The Last 5 Year average price is £296,672 with Total Sold: 60
    • The most recent sale happened at this postcode is FLAT 4, MAPLE TOP COURT TAMAR SQUARE: £460,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 62 PROSPECT ROAD: £46,500 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £715,481 median price is £630,000 Standard Deviation is £494,879 with Total Sold: 198
    • The Last 5 Year average price is £1,187,336 with Total Sold: 32
    • The most recent sale happened at this postcode is , 25 MALVERN DRIVE: £1,100,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 16 KINGS AVENUE: £230,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £579,071 median price is £375,000 Standard Deviation is £770,253 with Total Sold: 29
    • The Last 5 Year average price is £713,618 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 , 98 SNAKES LANE EAST: £200,000 (Sold on 30 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£602,177 £6,717 17
2023£583,553 £6,258 19
2022£584,005 £6,424 40
2021£560,532 £6,226 47
2020£557,095 £5,445 32
2019£519,583 £5,524 37
2018£524,690 £5,988 25
2017£519,449 £5,455 38
2016£495,412 £5,692 22
2015£422,878 £4,941 41
2014£389,276 £4,448 38
2013£340,650 £3,804 30
2012£320,204 £3,512 25
2011£300,079 £3,334 31
2010£309,243 £3,497 38
2009£274,395 £2,716 24
2008£296,844 £3,005 29
2007£296,117 £3,337 49
2006£254,119 £2,832 57
2005£246,346 £2,739 47
2004£239,750 £2,675 54
2003£228,399 £2,538 57
2002£201,897 £2,100 60
2001£169,995 £1,805 61
2000£151,033 £1,594 59
1999£119,579 £1,271 62
1998£98,533 £1,071 41
1997£88,467 £994 64
1996£87,535 £878 57
1995£73,800 £787 34
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£823,333 £7,486 9
2023£810,225 £6,637 16
2022£707,765 £6,775 17
2021£733,859 £6,424 32
2020£712,472 £6,868 18
2019£674,779 £5,622 34
2018£644,023 £6,102 30
2017£789,895 £6,144 26
2016£560,500 £5,510 20
2015£600,883 £4,958 33
2014£484,129 £4,598 29
2013£466,324 £3,989 41
2012£428,523 £3,763 32
2011£415,800 £3,796 25
2010£540,450 £3,804 20
2009£385,367 £3,117 15
2008£371,150 £3,605 13
2007£443,873 £3,204 28
2006£381,831 £2,964 33
2005£327,442 £2,729 40
2004£307,714 £2,712 29
2003£297,566 £2,296 27
2002£299,967 £2,672 49
2001£230,061 £1,948 41
2000£219,246 £1,920 34
1999£162,723 £1,194 42
1998£153,162 £1,141 37
1997£135,694 £1,053 39
1996£123,919 £1,019 31
1995£119,798 £806 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£390,143 £4,178 7
2023£257,167 £4,366 6
2022£283,375 £4,480 16
2021£311,125 £5,109 8
2020£292,125 £5,151 8
2019£277,753 £4,968 15
2018£353,000 £5,597 5
2017£294,531 £4,829 16
2016£288,750 £5,218 12
2015£311,125 £5,113 16
2014£215,207 £3,519 19
2013£198,599 £3,193 15
2012£194,154 £3,182 13
2011£187,100 £3,411 5
2010£195,045 £2,858 11
2009£225,255 £2,764 20
2008£179,555 £3,076 9
2007£190,417 £3,107 15
2006£168,895 £2,803 19
2005£153,676 £2,625 17
2004£167,908 £2,310 20
2003£142,717 £2,318 30
2002£117,396 £1,919 19
2001£96,192 £1,437 13
2000£87,821 £1,289 14
1999£70,294 £1,159 20
1998£60,145 £1,160 16
1997£55,192 £865 20
1996£42,391 £740 11
1995£49,738 £821 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,132,5002
2023£2,371,667 £9,046 3
2022£1,035,333 £6,648 6
2021£948,857 £9,023 7
2020£1,109,611 £6,721 9
2019£1,154,850 £6,895 5
2018£1,452,000 £6,192 5
2017£1,142,143 £6,339 7
2016£996,000 £7,532 5
2015£1,085,424 £6,059 9
2014£839,560 £4,893 7
2013£667,000 £5,250 5
2012£606,167 £4,011 6
2011£933,056 £5,229 9
2010£1,057,428 £4,595 7
2009£758,333 £3,593 3
2008£534,000 £3,941 2
2007£695,214 £3,483 6
2006£695,500 £4,194 10
2005£578,250 £2,499 6
2004£625,700 £3,010 5
2003£458,545 £2,008 11
2002£553,143 £3,061 7
2001£399,944 £2,206 9
2000£295,167 £1,991 6
1999£294,349 £1,220 10
1998£265,667 £1,575 3
1997£190,714 £865 7
1996£248,455 £1,026 11
1995£185,600 £1,365 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,200,000 £7,458 2
2022£180,0001
2021£545,500 £7,215 2
2020£382,600 £4,675 5
2019£638,980 £5,788 6
2018£510,000 £8,000 4
2017£21,333 £147 3
2016£898,0912
2015£420,000 £8,621 2
2013£317,5002

House Type in IG8 7NE area

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