Housing Market Analysis for PROSPECT ROAD, IG8 7NQ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £338,244 median price is £285,000 Standard Deviation is £183,788 with Total Sold: 43
- The Last 5 Year average price is £610,567 with Total Sold: 9
- The most recent sale happened at this postcode is 230 PROSPECT ROAD: £585,000 (Sold on 22 Jan 2024)
- The first recorded sale happened at this postcode is 259 PROSPECT ROAD: £545,000 (Sold on 04 Jul 2024)
Terraced
- The average price is around £140,999 median price is £130,500 Standard Deviation is £27,378 with Total Sold: 4
- The most recent sale happened at this postcode is 220 PROSPECT ROAD: £185,000 (Sold on 09 Nov 2001)
- The first recorded sale happened at this postcode is 228 PROSPECT ROAD: £118,000 (Sold on 29 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7NQ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£565,000	£8,014	2
2022	£677,500	£8,036	2
2021	£525,000	£7,192	1
2020	£580,000	£7,791	2
2019	£630,000	£8,906	1
2018	£487,500	£6,816	2
2017	£487,500	£8,405	1
2016	£490,000	£5,570	2
2015	£401,000	£4,660	2
2014	£345,500	£4,405	4
2013	£275,000	£3,910	2
2012	£269,167	£3,886	3
2011	£280,000	£3,927	1
2006	£243,749	£2,954	4
2005	£217,000		1
2004	£205,000	£1,640	1
2002	£164,807	£1,590	3
2000	£169,000	£2,561	1
1999	£113,500	£882	2
1997	£99,599	£1,051	5
2023	£695,100	£5,992	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£164,000	£1,907	2
1999	£117,995		1
1998	£118,000		1

All the Sales in the PROSPECT ROAD, IG8 7NQ

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

Address	Sold Date	Price	% Change
230 PROSPECT ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-1949	22 Jan 2024	£585,000	28.57%
	12 Aug 2016	£455,000	First Sale
214 PROSPECT ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1930-1949	04 Apr 2022	£620,000	55.00%
	12 Jun 2015	£400,000	45.45%
	21 Jun 2006	£275,000	116.54%
	20 May 1997	£127,000	First Sale
246 PROSPECT ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	21 Jan 2022	£735,000	44.12%
	12 Jun 2018	£510,000	First Sale
267 PROSPECT ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1930-1949	28 Sep 2021	£525,000	First Sale
218 PROSPECT ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	03 Nov 2020	£520,000	First Sale
273 PROSPECT ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	26 Jun 2020	£640,000	81.82%
	23 Jun 2014	£352,000	First Sale
244 PROSPECT ROADSemi-Detached, FreeholdArea: 70.74 Sq.mtrAge: 1930-1949	02 Dec 2019	£630,000	96.88%
	26 Feb 2014	£320,000	21.90%
	22 Jun 2012	£262,500	First Sale
259 PROSPECT ROADSemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1930-1949	23 Aug 2018	£465,000	389.47%
	15 Aug 1997	£95,000	-82.57%
	04 Jul 2024	£545,000	First Sale
277 PROSPECT ROADSemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1930-1949	08 Dec 2017	£487,500	First Sale
234 PROSPECT ROADSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1930-1949	11 Oct 2016	£525,000	208.82%
	18 Nov 2002	£170,000	First Sale
226 PROSPECT ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	16 Feb 2015	£402,000	181.12%
	22 Feb 2001	£143,000	First Sale
222 PROSPECT ROADSemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-1949	28 Nov 2014	£370,000	-46.77%
	17 Nov 2023	£695,100	First Sale
224 PROSPECT ROADSemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1930-1949	28 Aug 2014	£340,000	101.18%
	24 Nov 2000	£169,000	First Sale
253 PROSPECT ROADSemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1930-1949	05 Aug 2013	£300,000	First Sale
265 PROSPECT ROADSemi-Detached, FreeholdArea: 81.75 Sq.mtrAge: 1930-1949	01 May 2013	£250,000	173.46%
	13 Feb 2002	£91,421	First Sale
271 PROSPECT ROADSemi-Detached, FreeholdArea: 77.63 Sq.mtrAge: 1930-1949	26 Jul 2012	£285,000	First Sale
257 PROSPECT ROADSemi-Detached, FreeholdArea: 60.8 Sq.mtrAge: 1930-1949	20 Jul 2012	£260,000	First Sale
275 PROSPECT ROADSemi-Detached, FreeholdArea: 71.3 Sq.mtrAge: 1930-1949	29 Mar 2011	£280,000	First Sale
269 PROSPECT ROADSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 2023	20 Nov 2006	£245,000	172.22%
	13 Sep 1999	£90,000	First Sale
249 PROSPECT ROADSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1930-1949	18 Oct 2006	£249,995	21.95%
	29 Jun 2006	£205,000	First Sale
232 PROSPECT ROADSemi-Detached, Freehold	02 Dec 2005	£217,000	First Sale
279 PROSPECT ROADSemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1950-1966	11 Feb 2004	£205,000	125.27%
	11 Jul 1997	£91,000	First Sale
212 PROSPECT ROADSemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1930-1949	15 Aug 2002	£233,000	145.26%
	01 Sep 1997	£95,000	First Sale
220 PROSPECT ROADTerraced, Freehold	09 Nov 2001	£185,000	First Sale
242 PROSPECT ROADSemi-Detached, Freehold	01 Nov 1999	£137,000	First Sale
263 PROSPECT ROADTerraced, Freehold	18 May 1999	£117,995	First Sale
228 PROSPECT ROADTerraced, Freehold	29 Jul 1998	£118,000	First Sale
238 PROSPECT ROADSemi-Detached, Freehold	07 Apr 1997	£89,995	First Sale

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

PROSPECT ROAD, IG8 7NQ Near By properties

Interactive Map

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

Terraced
- The average price is around £300,345 median price is £264,000 Standard Deviation is £176,867 with Total Sold: 1,227
- The Last 5 Year average price is £572,596 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 £398,433 median price is £345,000 Standard Deviation is £247,183 with Total Sold: 745
- The Last 5 Year average price is £699,696 with Total Sold: 128
- 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 £191,363 median price is £172,750 Standard Deviation is £110,622 with Total Sold: 366
- The Last 5 Year average price is £303,214 with Total Sold: 54
- The most recent sale happened at this postcode is 5, RODING HEIGHTS, 5 STATION WAY: £410,000 (Sold on 15 Aug 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 £647,505 median price is £587,500 Standard Deviation is £402,896 with Total Sold: 178
- The Last 5 Year average price is £1,156,645 with Total Sold: 31
- 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 , 10 FARM WAY: £132,000 (Sold on 28 Apr 1995)
Other
- The average price is around £301,455 median price is £211,000 Standard Deviation is £267,901 with Total Sold: 11
- The Last 5 Year average price is £301,600 with Total Sold: 10
- The most recent sale happened at this postcode is , 44A STATION WAY: £211,000 (Sold on 02 Apr 2024)
- The first recorded sale happened at this postcode is , JUBILEE HALL WEST GROVE: £300,000 (Sold on 12 Sep 2018)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£622,838	£6,393	20
2023	£611,947	£6,369	19
2022	£596,479	£6,485	38
2021	£549,990	£6,066	49
2020	£558,452	£5,496	31
2019	£540,773	£5,378	35
2018	£528,946	£6,080	23
2017	£532,258	£5,551	35
2016	£500,669	£5,767	30
2015	£448,308	£4,872	39
2014	£379,346	£4,235	41
2013	£349,720	£3,779	34
2012	£334,953	£3,492	30
2011	£298,248	£3,300	26
2010	£302,493	£3,438	38
2009	£316,200	£3,184	25
2008	£299,648	£3,124	27
2007	£308,212	£3,569	45
2006	£261,162	£2,923	59
2005	£249,490	£2,769	51
2004	£248,551	£2,691	58
2003	£234,307	£2,548	53
2002	£196,236	£2,067	61
2001	£167,504	£1,801	62
2000	£149,478	£1,573	52
1999	£120,274	£1,216	59
1998	£102,358	£1,100	37
1997	£90,166	£998	54
1996	£84,879	£862	56
1995	£76,968	£829	40

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£594,062	£7,227	8
2023	£781,565	£6,834	17
2022	£685,471	£6,758	17
2021	£724,141	£6,795	32
2020	£720,320	£6,352	25
2019	£644,431	£5,924	29
2018	£683,611	£6,742	18
2017	£708,921	£6,075	19
2016	£617,696	£5,641	18
2015	£564,777	£5,250	33
2014	£485,700	£4,627	25
2013	£435,606	£4,111	28
2012	£396,206	£4,073	25
2011	£419,048	£3,825	21
2010	£494,062	£3,939	16
2009	£413,077	£3,670	13
2008	£341,250	£3,247	10
2007	£380,804	£3,495	23
2006	£406,009	£3,192	30
2005	£328,950	£3,001	20
2004	£323,053	£2,828	24
2003	£297,966	£2,661	30
2002	£274,164	£2,362	36
2001	£246,074	£1,972	34
2000	£201,721	£1,882	29
1999	£171,104	£1,383	36
1998	£149,879	£1,240	31
1997	£138,812	£1,092	41
1996	£128,041	£1,036	37
1995	£123,875	£789	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£308,750		4
2023	£293,143	£5,616	7
2022	£286,000	£4,854	13
2021	£365,125	£5,959	8
2020	£317,111	£5,525	9
2019	£276,427	£5,229	13
2018	£301,500	£6,007	5
2017	£402,474	£5,882	19
2016	£321,285	£5,891	10
2015	£284,000	£4,358	7
2014	£220,438	£3,770	17
2013	£175,406	£3,425	8
2012	£191,222	£3,486	9
2011	£199,005	£3,477	7
2010	£179,000	£3,179	13
2009	£166,500	£3,205	5
2008	£195,100	£3,531	15
2007	£253,230	£4,531	32
2006	£157,917	£2,958	12
2005	£156,667	£2,889	15
2004	£150,333	£2,608	18
2003	£143,344	£2,664	16
2002	£115,676	£2,029	17
2001	£89,000	£1,485	12
2000	£78,472	£1,543	13
1999	£67,204	£1,202	19
1998	£59,768	£1,087	14
1997	£51,591	£997	11
1996	£45,994	£832	9
1995	£51,312	£911	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,272,500	£9,634	6
2023	£1,510,000	£6,933	4
2022	£1,603,333	£7,765	3
2021	£974,200	£7,622	5
2020	£925,714	£6,795	7
2019	£1,003,333	£6,503	6
2018	£965,400	£6,975	5
2017	£1,191,000	£7,140	5
2016	£882,750	£6,500	4
2015	£802,071	£5,813	7
2014	£736,686	£4,754	6
2013	£777,500	£4,895	7
2012	£510,333	£3,963	6
2011	£616,199	£3,616	5
2010	£778,143	£5,713	7
2009	£543,750	£3,237	4
2008	£715,000	£3,941	2
2007	£603,071	£5,007	7
2006	£506,111		9
2005	£536,312	£3,439	8
2004	£495,383	£2,219	6
2003	£470,875	£2,183	6
2002	£534,000	£2,688	7
2001	£366,556	£2,438	9
2000	£253,999	£2,084	5
1999	£274,825	£1,630	10
1998	£235,082	£1,587	6
1997	£189,167	£1,287	6
1996	£296,333	£1,359	3
1995	£151,507	£1,068	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£211,000		1
2023	£162,500	£3,457	1
2022	£557,500		2
2021	£415,000	£5,203	2
2020	£650,000		1
2019	£15,833		3
2018	£300,000		1

House Type in IG8 7NQ area

The most common house types in the IG8 7NQ postcode area are Semi-detached (68), Flat (29), and Terraced (20).

Total	124
Semi-detached	68
Flat	29
Terraced	20
Shared house	5
Detached	1
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (45), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan	45
Owned: Owns outright	44
Private rented: Private landlord or letting agency	27
Social rented: Rents from council or Local Authority	3
Social rented: Other social rented	3
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IG8 7NQ have 1 person in household (41), and 2 people in household (36).

1 person in household	41
2 people in household	36
3 people in household	22
4 people in household	22
6 people in household	3
5 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0