Housing Market Analysis for RAY LODGE ROAD, IG8 7PB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £154,575 median price is £123,750 Standard Deviation is £84,559 with Total Sold: 20
    • The Last 5 Year average price is £276,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 158 RAY LODGE ROAD: £285,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is 126 RAY LODGE ROAD: £27,000 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7PB 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£287,500 £3,862 2
2019£255,000 £3,446 1
2018£275,000 £4,017 1
2016£300,000 £4,058 1
2014£184,500 £2,918 2
2013£175,000 £2,365 1
2012£125,000 £1,689 1
2007£167,000 £2,088 1
2006£122,500 £2,076 1
2003£109,333 £1,498 3
2002£95,000 £1,457 2
2001£89,995 £1,286 1
2000£60,000 £811 1
1997£33,000 £559 1
1996£27,000 £360 1

All the Sales in the RAY LODGE ROAD, IG8 7PB

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

AddressSold DatePrice% Change
158 RAY LODGE ROADFlat, LeaseholdArea: 75 Sq.mtrAge: 1967-197530 Nov 2023£285,000First Sale
168 RAY LODGE ROADFlat, LeaseholdArea: 73.92 Sq.mtrAge: 1950-196627 Feb 2023£290,000-3.33%
02 Dec 2016£300,000First Sale
156 RAY LODGE ROADFlat, LeaseholdArea: 74 Sq.mtrAge: 1967-197516 Apr 2019£255,00045.71%
30 Aug 2013£175,00040.00%
12 Dec 2012£125,00038.90%
03 Aug 2001£89,99549.99%
20 Dec 2000£60,000First Sale
154 RAY LODGE ROADFlat, LeaseholdArea: 68.46 Sq.mtrAge: 1950-196620 Apr 2018£275,00053.63%
01 Aug 2014£179,000First Sale
140 RAY LODGE ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-197530 May 2014£190,00055.10%
21 Jul 2006£122,50036.11%
09 May 2002£90,000172.73%
28 Feb 1997£33,000First Sale
110 RAY LODGE ROADFlat, LeaseholdArea: 80 Sq.mtrAge: 1967-197509 Mar 2007£167,000First Sale
126 RAY LODGE ROADFlat, LeaseholdArea: 73 Sq.mtrAge: 1967-197520 Oct 2003£113,00013.00%
17 Apr 2003£100,000270.37%
29 Nov 1996£27,000First Sale
150 RAY LODGE ROADFlat, LeaseholdArea: 73 Sq.mtrAge: 1976-198215 May 2003£115,000First Sale
132 RAY LODGE ROADFlat, LeaseholdArea: 72 Sq.mtrAge: 1950-196607 Oct 2002£100,000First Sale

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

RAY LODGE ROAD, IG8 7PB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £287,880 median price is £250,000 Standard Deviation is £168,126 with Total Sold: 1,418
    • The Last 5 Year average price is £551,669 with Total Sold: 218
    • 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 £351,212 median price is £299,998 Standard Deviation is £222,077 with Total Sold: 682
    • The Last 5 Year average price is £634,364 with Total Sold: 93
    • 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 £182,450 median price is £168,000 Standard Deviation is £99,693 with Total Sold: 554
    • The Last 5 Year average price is £313,269 with Total Sold: 83
    • 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 £567,809 median price is £377,500 Standard Deviation is £780,920 with Total Sold: 28
    • 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 £516,374 median price is £450,000 Standard Deviation is £373,268 with Total Sold: 64
    • The Last 5 Year average price is £833,923 with Total Sold: 13
    • 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 , 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£604,467 £6,990 15
2023£587,031 £6,230 24
2022£582,644 £6,492 50
2021£546,990 £6,174 52
2020£528,649 £5,703 34
2019£501,357 £5,379 43
2018£505,617 £5,880 32
2017£496,360 £5,447 39
2016£484,665 £5,461 29
2015£414,978 £4,852 46
2014£385,255 £4,395 49
2013£323,797 £3,714 37
2012£303,292 £3,510 26
2011£297,620 £3,198 33
2010£305,315 £3,437 42
2009£259,288 £2,730 26
2008£293,666 £3,143 33
2007£288,278 £3,174 60
2006£256,679 £2,844 78
2005£242,958 £2,684 54
2004£233,790 £2,684 67
2003£225,502 £2,553 69
2002£201,041 £2,105 71
2001£157,199 £1,802 54
2000£147,182 £1,629 70
1999£114,225 £1,285 65
1998£100,295 £1,089 52
1997£89,938 £1,001 77
1996£82,096 £873 57
1995£72,815 £770 34
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£682,5006
2023£609,167 £6,506 6
2022£651,200 £6,681 10
2021£661,839 £6,407 31
2020£657,100 £6,205 15
2019£574,414 £5,375 25
2018£614,989 £5,874 27
2017£699,240 £5,905 24
2016£540,000 £5,389 18
2015£502,523 £4,945 28
2014£427,222 £4,590 23
2013£412,272 £3,823 36
2012£353,410 £3,580 25
2011£328,647 £3,605 17
2010£324,083 £3,194 12
2009£327,167 £3,034 15
2008£315,710 £3,447 14
2007£319,656 £3,071 22
2006£281,421 £3,048 26
2005£270,313 £2,661 39
2004£271,284 £2,750 31
2003£273,017 £2,285 18
2002£249,999 £2,866 36
2001£189,581 £1,722 36
2000£178,401 £1,866 23
1999£127,308 £1,223 29
1998£119,963 £1,123 27
1997£103,179 £1,052 27
1996£86,233 £922 15
1995£90,143 £783 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£369,8005
2023£298,611 £5,047 9
2022£313,783 £5,162 23
2021£330,529 £5,783 17
2020£314,500 £5,241 12
2019£285,576 £5,057 17
2018£336,875 £5,683 8
2017£293,979 £4,872 19
2016£291,850 £5,017 20
2015£298,941 £4,912 17
2014£232,655 £3,964 26
2013£206,450 £3,481 20
2012£192,000 £3,321 12
2011£195,278 £3,450 9
2010£197,961 £3,017 13
2009£186,417 £2,742 12
2008£177,177 £3,161 11
2007£188,437 £3,290 20
2006£167,355 £3,011 28
2005£154,737 £2,627 19
2004£165,732 £2,474 30
2003£146,210 £2,416 39
2002£121,926 £2,060 28
2001£99,559 £1,548 17
2000£84,684 £1,244 19
1999£69,002 £1,138 32
1998£60,606 £1,095 22
1997£55,104 £890 27
1996£44,236 £735 14
1995£49,378 £854 9
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£371,667 £8,000 3
2017£26,7502
2016£898,0912
2015£500,000 £8,621 1
2013£317,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£527,500 £6,851 1
2022£837,333 £6,354 3
2021£616,250 £9,224 4
2020£1,075,500 £5,955 3
2019£1,055,000 £7,178 2
2018£575,000 £5,928 1
2017£1,540,000 £5,683 1
2016£715,000 £8,314 1
2015£903,000 £6,159 3
2014£715,493 £4,294 3
2013£350,000 £3,933 1
2012£370,500 £3,376 4
2011£570,000 £4,553 5
2010£1,050,000 £6,733 1
2008£398,0001
2006£686,665 £4,437 3
2005£492,0001
2004£632,500 £3,077 2
2003£253,000 £1,891 3
2002£467,5002
2001£205,665 £1,766 3
2000£199,000 £2,208 2
1999£132,333 £1,055 3
1998£111,000 £1,442 1
1997£100,667 £780 3
1996£112,500 £879 2
1995£166,100 £1,288 5

House Type in IG8 7PB area

The most common house types in the IG8 7PB postcode area are Flat (143), Terraced (9), and Semi-detached (5).

Total159
Flat143
Terraced9
Semi-detached5
converted building1
commercial building1
Detached0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (100), and Private rented: Private landlord or letting agency (16).

Social rented: Rents from council or Local Authority100
Private rented: Private landlord or letting agency16
Owned: Owns with a mortgage or loan15
Social rented: Other social rented13
Owned: Owns outright5
Private rented: Other private rented5
Lives rent free2
Shared ownership: Shared ownership1
Does not apply0

Number of People in a Household

The most houses in the IG8 7PB have 1 person in household (54), and 2 people in household (44).

1 person in household54
2 people in household44
3 people in household29
5 people in household12
4 people in household11
7 people in household4
6 people in household3
0 people in household0
8 or more people in household0