Housing Market Analysis for RAY LODGE ROAD, IG8 7PE

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £215,000 median price is £215,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £215,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 208 RAY LODGE ROAD: £215,000 (Sold on 10 Feb 2022)
    • The first recorded sale happened at this postcode is 208 RAY LODGE ROAD: £215,000 (Sold on 10 Feb 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7PE 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
2022£215,000 £5,119 1

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

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

AddressSold DatePrice% Change
208 RAY LODGE ROADFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-197510 Feb 2022£215,000First Sale

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

RAY LODGE ROAD, IG8 7PE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £289,271 median price is £250,000 Standard Deviation is £168,886 with Total Sold: 1,422
    • The Last 5 Year average price is £553,127 with Total Sold: 220
    • 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 £340,953 median price is £291,250 Standard Deviation is £205,704 with Total Sold: 598
    • The Last 5 Year average price is £599,089 with Total Sold: 83
    • 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 £177,839 median price is £167,000 Standard Deviation is £98,769 with Total Sold: 477
    • The Last 5 Year average price is £306,669 with Total Sold: 70
    • 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 £672,053 median price is £430,000 Standard Deviation is £899,340 with Total Sold: 18
    • The Last 5 Year average price is £702,231 with Total Sold: 12
    • 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 £469,500 median price is £402,500 Standard Deviation is £339,523 with Total Sold: 44
    • The Last 5 Year average price is £768,600 with Total Sold: 10
    • 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£601,376 £6,990 16
2023£587,031 £6,230 24
2022£582,644 £6,492 50
2021£552,740 £6,166 52
2020£529,830 £5,680 35
2019£501,357 £5,379 43
2018£504,735 £5,890 33
2017£507,001 £5,433 39
2016£488,376 £5,450 30
2015£414,978 £4,852 46
2014£385,750 £4,377 50
2013£323,797 £3,714 37
2012£303,819 £3,518 27
2011£297,690 £3,201 34
2010£305,192 £3,447 43
2009£264,420 £2,781 25
2008£287,218 £3,094 32
2007£285,262 £3,178 56
2006£258,488 £2,844 76
2005£243,085 £2,690 56
2004£233,790 £2,684 67
2003£227,129 £2,579 71
2002£200,679 £2,109 72
2001£156,852 £1,796 56
2000£147,040 £1,607 68
1999£114,540 £1,293 66
1998£100,956 £1,099 51
1997£90,283 £984 75
1996£82,000 £873 56
1995£73,408 £792 36
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£668,0005
2023£554,071 £6,404 7
2022£640,778 £6,521 9
2021£612,538 £6,365 26
2020£590,458 £5,731 12
2019£571,973 £5,370 24
2018£582,800 £5,961 24
2017£698,034 £5,909 22
2016£537,812 £5,472 16
2015£509,426 £4,848 25
2014£419,487 £4,532 20
2013£379,445 £3,739 31
2012£355,466 £3,549 22
2011£309,961 £3,621 13
2010£329,125 £3,331 12
2009£304,375 £3,072 12
2008£319,227 £3,515 13
2007£318,865 £3,153 19
2006£280,847 £3,166 20
2005£267,222 £2,635 36
2004£267,470 £2,686 25
2003£238,115 £2,216 13
2002£238,969 £2,943 33
2001£193,000 £1,743 32
2000£167,262 £1,812 20
1999£128,141 £1,223 28
1998£113,820 £1,186 25
1997£94,174 £1,047 22
1996£86,233 £922 15
1995£84,882 £788 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£369,8005
2023£288,500 £4,766 8
2022£303,850 £4,829 20
2021£325,308 £5,585 13
2020£310,400 £5,135 10
2019£278,557 £4,843 14
2018£342,857 £5,769 7
2017£292,241 £4,841 17
2016£289,312 £4,971 16
2015£300,500 £4,788 14
2014£228,002 £3,860 21
2013£206,450 £3,481 20
2012£187,111 £3,160 9
2011£195,688 £3,429 8
2010£197,125 £2,953 12
2009£183,100 £2,706 10
2008£177,394 £3,153 10
2007£181,766 £3,143 16
2006£165,606 £3,020 23
2005£150,824 £2,681 17
2004£154,746 £2,459 25
2003£146,777 £2,416 35
2002£119,475 £1,989 23
2001£95,807 £1,476 13
2000£80,692 £1,287 13
1999£69,092 £1,127 28
1998£60,291 £1,087 20
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£650,0001
2019£345,155 £13 5
2018£370,000 £8,000 2
2016£1,795,1821
2015£500,000 £8,621 1
2013£317,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£527,500 £6,851 1
2022£831,000 £6,429 2
2021£561,667 £6,348 3
2020£1,075,500 £5,955 3
2019£585,000 £7,024 1
2018£575,000 £5,928 1
2015£903,000 £6,159 3
2014£423,239 £3,316 2
2013£350,000 £3,933 1
2012£370,500 £3,376 4
2011£618,333 £5,153 3
2010£1,050,000 £6,733 1
2006£630,000 £4,437 2
2003£253,000 £1,891 3
2002£290,0001
2001£115,0001
2000£205,0001
1999£143,500 £1,318 2
1998£111,000 £1,442 1
1997£100,667 £780 3
1996£112,500 £879 2
1995£183,500 £1,090 3

House Type in IG8 7PE area

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