Housing Market Analysis for CORTLAND CLOSE, IG8 7PJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £149,611 median price is £168,000 Standard Deviation is £84,485 with Total Sold: 9
    • The Last 5 Year average price is £335,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 CORTLAND CLOSE: £335,000 (Sold on 16 Dec 2019)
    • The first recorded sale happened at this postcode is 7 CORTLAND CLOSE: £52,500 (Sold on 10 Jan 2003)
  • Flat
    • The average price is around £87,500 median price is £87,500 Standard Deviation is £25,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 CORTLAND CLOSE: £112,500 (Sold on 09 Nov 2007)
    • The first recorded sale happened at this postcode is 6 CORTLAND CLOSE: £62,500 (Sold on 03 Mar 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7PJ 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
2019£335,000 £4,467 1
2008£168,0001
2007£190,0001
2006£175,2502
2005£135,000 £1,800 1
2003£56,000 £833 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£112,5001
2003£62,5001

All the Sales in the CORTLAND CLOSE, IG8 7PJ

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

AddressSold DatePrice% Change
8 CORTLAND CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1996-200216 Dec 2019£335,000148.15%
09 Jun 2005£135,000First Sale
4 CORTLAND CLOSETerraced, Freehold04 Apr 2008£168,000First Sale
2 CORTLAND CLOSEFlat, Leasehold09 Nov 2007£112,500First Sale
1 CORTLAND CLOSETerraced, Freehold27 Mar 2007£190,0007.04%
26 Oct 2006£177,500181.75%
10 Jan 2003£63,000First Sale
3 CORTLAND CLOSETerraced, Freehold10 Mar 2006£173,000First Sale
9 CORTLAND CLOSETerraced, Leasehold31 Mar 2003£52,500First Sale
6 CORTLAND CLOSEFlat, Leasehold03 Mar 2003£62,500First Sale
7 CORTLAND CLOSETerraced, LeaseholdArea: 63 Sq.mtrAge: 2003-200610 Jan 2003£52,500First Sale

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

CORTLAND CLOSE, IG8 7PJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £269,188 median price is £236,500 Standard Deviation is £168,284 with Total Sold: 1,338
    • The Last 5 Year average price is £534,246 with Total Sold: 203
    • The most recent sale happened at this postcode is , 97 ST ANTHONYS AVENUE: £650,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 24 FAIRVIEW GARDENS: £85,000 (Sold on 10 Jan 1995)
  • Semi-Detached
    • The average price is around £309,678 median price is £268,000 Standard Deviation is £178,976 with Total Sold: 481
    • The Last 5 Year average price is £610,108 with Total Sold: 63
    • The most recent sale happened at this postcode is , 29 BRACKLEY SQUARE: £740,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 179 ST BARNABAS ROAD: £97,500 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £167,380 median price is £150,000 Standard Deviation is £99,175 with Total Sold: 824
    • The Last 5 Year average price is £311,340 with Total Sold: 125
    • The most recent sale happened at this postcode is , 114 ST BARNABAS ROAD: £375,000 (Sold on 13 Dec 2023)
    • The first recorded sale happened at this postcode is , 61B GORDON ROAD: £56,500 (Sold on 10 Mar 1995)
  • Detached
    • The average price is around £414,828 median price is £425,000 Standard Deviation is £214,110 with Total Sold: 27
    • The Last 5 Year average price is £656,714 with Total Sold: 7
    • The most recent sale happened at this postcode is , 122 WANSFORD ROAD: £562,000 (Sold on 20 Nov 2023)
    • The first recorded sale happened at this postcode is , 47 GORDON ROAD: £135,000 (Sold on 31 Oct 1996)
  • Other
    • The average price is around £1,046,783 median price is £737,842 Standard Deviation is £1,249,974 with Total Sold: 41
    • The Last 5 Year average price is £953,187 with Total Sold: 12
    • The most recent sale happened at this postcode is , 152 MAYBANK ROAD: £9,079 (Sold on 26 Sep 2023)
    • The first recorded sale happened at this postcode is , 15 RAVEN ROAD: £1,416,000 (Sold on 27 Nov 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£530,056 £4,992 9
2023£595,942 £6,619 37
2022£563,000 £5,944 41
2021£524,362 £5,875 49
2020£494,543 £5,589 35
2019£485,806 £5,253 32
2018£504,595 £5,557 21
2017£454,250 £5,652 34
2016£451,375 £5,124 32
2015£398,744 £4,617 43
2014£366,688 £4,230 48
2013£291,718 £3,505 41
2012£301,222 £3,676 18
2011£282,087 £2,972 23
2010£274,847 £3,249 38
2009£258,725 £3,090 22
2008£257,532 £3,360 31
2007£282,443 £3,087 55
2006£251,858 £2,859 88
2005£228,475 £2,622 41
2004£219,707 £2,602 56
2003£210,174 £2,589 59
2002£182,961 £2,105 71
2001£154,099 £1,778 77
2000£125,619 £1,502 48
1999£108,337 £1,300 72
1998£93,337 £1,241 59
1997£90,075 £1,119 59
1996£76,152 £977 55
1995£68,975 £833 44
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£623,7504
2023£567,500 £5,921 10
2022£663,214 £6,225 14
2021£610,714 £6,217 14
2020£622,985 £5,004 13
2019£541,625 £5,135 8
2018£579,500 £4,928 9
2017£478,042 £5,283 15
2016£474,917 £4,855 12
2015£475,700 £4,832 20
2014£385,040 £4,103 15
2013£337,286 £3,174 14
2012£325,426 £3,236 16
2011£322,475 £3,566 10
2010£307,850 £3,148 15
2009£300,883 £2,867 9
2008£312,999 £2,882 12
2007£328,378 £3,015 21
2006£281,064 £2,722 31
2005£262,650 £2,558 20
2004£248,339 £2,571 28
2003£243,900 £2,266 15
2002£213,695 £2,716 23
2001£170,639 £1,668 25
2000£148,132 £1,416 20
1999£129,592 £1,198 23
1998£106,804 £1,046 14
1997£95,932 £935 20
1996£99,458 £905 18
1995£85,077 £808 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£315,382 £5,351 17
2022£292,276 £5,357 29
2021£329,012 £6,523 42
2020£315,136 £5,117 18
2019£294,158 £4,957 19
2018£295,267 £4,876 15
2017£279,105 £5,185 20
2016£280,850 £4,716 31
2015£229,402 £3,667 33
2014£188,994 £3,508 36
2013£187,714 £3,173 21
2012£172,853 £2,710 17
2011£172,971 £3,005 17
2010£151,091 £2,777 22
2009£154,115 £2,668 17
2008£187,238 £3,343 26
2007£165,909 £2,806 33
2006£155,435 £2,655 46
2005£146,121 £2,558 29
2004£142,867 £2,576 35
2003£135,584 £2,463 31
2002£124,814 £1,991 38
2001£88,067 £1,433 41
2000£73,758 £1,299 33
1999£67,028 £1,136 35
1998£58,537 £1,002 37
1997£51,563 £865 41
1996£39,787 £683 31
1995£40,411 £730 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£588,167 £6,472 3
2022£732,500 £7,789 2
2021£660,000 £5,739 1
2019£707,500 £5,527 1
2018£500,000 £5,435 1
2016£670,000 £5,826 1
2014£490,000 £6,494 1
2013£232,000 £3,494 1
2010£443,000 £2,930 4
2009£407,400 £4,336 1
2005£650,0001
2003£312,500 £3,249 2
2000£287,0001
1998£140,475 £1,625 2
1997£150,000 £804 2
1996£129,667 £717 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£497,464 £168 2
2022£2,049,242 £5,385 4
2021£445,083 £73 3
2020£10,0001
2019£450,550 £13 2
2018£1,159,056 £2,399 9
2017£1,154,821 £20,544 14
2016£836,0062
2015£581,4212
2014£630,0001
2013£1,416,0001

House Type in IG8 7PJ area

The most common house types in the IG8 7PJ postcode area are Terraced (79), Semi-detached (73), and Shared house (11).

Total180
Terraced79
Semi-detached73
Shared house11
Detached9
Flat8
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (85), and Private rented: Private landlord or letting agency (46).

Owned: Owns with a mortgage or loan85
Private rented: Private landlord or letting agency46
Owned: Owns outright40
Shared ownership: Shared ownership3
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IG8 7PJ have 2 people in household (52), and 4 people in household (42).

2 people in household52
4 people in household42
1 person in household34
3 people in household33
5 people in household10
6 people in household7
7 people in household1
0 people in household0
8 or more people in household0