Housing Market Analysis for MADEIRA GROVE, IG8 7QH

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £163,529 median price is £153,000 Standard Deviation is £78,917 with Total Sold: 17
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5A MADEIRA GROVE: £200,000 (Sold on 21 Nov 2022)
    • The first recorded sale happened at this postcode is 1D MADEIRA GROVE: £47,500 (Sold on 02 Aug 1996)
  • Semi-Detached
    • The average price is around £403,346 median price is £347,500 Standard Deviation is £195,680 with Total Sold: 13
    • The Last 5 Year average price is £677,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 19 MADEIRA GROVE: £675,000 (Sold on 30 Nov 2021)
    • The first recorded sale happened at this postcode is 17 MADEIRA GROVE: £107,000 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £615,000 median price is £615,000 Standard Deviation is £600,000 with Total Sold: 2
    • The Last 5 Year average price is £615,000 with Total Sold: 2
    • The most recent sale happened at this postcode is GARAGE, 4 MADEIRA GROVE: £15,000 (Sold on 11 Sep 2019)
    • The first recorded sale happened at this postcode is MADEIRA GROVE CLINIC MADEIRA GROVE: £1,215,000 (Sold on 24 May 2019)
  • Terraced
    • The average price is around £286,100 median price is £310,000 Standard Deviation is £90,553 with Total Sold: 5
    • The Last 5 Year average price is £310,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MADEIRA GROVE: £310,000 (Sold on 28 Jun 2019)
    • The first recorded sale happened at this postcode is 24 MADEIRA GROVE: £340,000 (Sold on 08 Jun 2005)
  • Detached
    • The average price is around £630,000 median price is £630,000 Standard Deviation is £80,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 25 MADEIRA GROVE: £550,000 (Sold on 04 Aug 2006)
    • The first recorded sale happened at this postcode is 25 MADEIRA GROVE: £710,000 (Sold on 17 Mar 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7QH 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£200,000 £3,279 1
2016£275,000 £4,554 1
2014£299,500 £5,210 2
2011£153,750 £3,058 2
2009£188,750 £3,599 2
2008£174,995 £2,869 1
2004£200,0001
2003£150,000 £2,546 2
2001£98,000 £2,085 1
1999£92,500 £1,542 1
1998£48,000 £1,027 1
1997£60,000 £1,001 1
1996£47,500 £1,221 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£677,500 £5,436 2
2016£615,000 £5,591 1
2015£572,000 £4,337 2
2012£305,000 £1,848 1
2009£320,0001
2007£387,0001
2004£325,0001
2003£347,5001
2002£265,000 £1,840 1
1996£73,0001
1995£107,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£615,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£310,000 £5,536 1
2008£410,000 £3,832 1
2007£215,500 £3,848 1
2006£155,000 £2,768 1
2005£340,000 £3,178 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£630,000 £4,437 2

All the Sales in the MADEIRA GROVE, IG8 7QH

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

AddressSold DatePrice% Change
5A MADEIRA GROVEFlat, LeaseholdArea: 61 Sq.mtrAge: 1930-194921 Nov 2022£200,00014.29%
14 Oct 2008£174,995First Sale
19 MADEIRA GROVESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1900-192930 Nov 2021£675,000First Sale
11 MADEIRA GROVESemi-Detached, FreeholdArea: 165 Sq.mtrAge: 1930-194926 Feb 2021£680,00010.75%
10 Jul 2015£614,000101.31%
02 Mar 2012£305,000First Sale
GARAGE, 4 MADEIRA GROVEOther, Freehold11 Sep 2019£15,000First Sale
3 MADEIRA GROVETerraced, LeaseholdArea: 56 Sq.mtrAge: 1950-196628 Jun 2019£310,00043.85%
16 Feb 2007£215,50039.03%
09 Jan 2006£155,000First Sale
MADEIRA GROVE CLINIC MADEIRA GROVEOther, Freehold24 May 2019£1,215,000First Sale
9 MADEIRA GROVESemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1930-194923 Mar 2016£615,000First Sale
3A MADEIRA GROVEFlat, LeaseholdArea: 60.39 Sq.mtrAge: 1950-196622 Jan 2016£275,000First Sale
24 MADEIRA GROVESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1930-194903 Jun 2015£530,00029.27%
18 Apr 2008£410,00020.59%
08 Jun 2005£340,000First Sale
4 MADEIRA GROVEFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-197519 Dec 2014£305,000First Sale
6 MADEIRA GROVEFlat, LeaseholdArea: 56 Sq.mtrAge: 1930-194909 Oct 2014£294,000100.00%
04 Apr 2003£147,000First Sale
1B MADEIRA GROVEFlat, LeaseholdArea: 46.76 Sq.mtrAge: 1983-199012 Apr 2011£145,000202.08%
28 Aug 1998£48,000First Sale
1C MADEIRA GROVEFlat, LeaseholdArea: 53.89 Sq.mtrAge: 1967-197520 Jan 2011£162,50065.82%
22 Jun 2001£98,000First Sale
1D MADEIRA GROVEFlat, LeaseholdArea: 38.9 Sq.mtrAge: 1967-197530 Jun 2009£140,000194.74%
02 Aug 1996£47,500First Sale
1E MADEIRA GROVEFlat, Leasehold09 Mar 2009£237,50018.75%
11 Aug 2004£200,000First Sale
22 MADEIRA GROVESemi-Detached, Freehold15 Jan 2009£320,000First Sale
27 MADEIRA GROVESemi-Detached, Freehold08 Aug 2007£387,000430.14%
30 Aug 1996£73,000First Sale
25 MADEIRA GROVEDetached, FreeholdArea: 142 Sq.mtrAge: 1930-194904 Aug 2006£550,000-22.54%
17 Mar 2006£710,000First Sale
16 MADEIRA GROVESemi-Detached, Freehold25 Aug 2004£325,000First Sale
28 MADEIRA GROVESemi-Detached, Freehold29 Sep 2003£347,500First Sale
4A MADEIRA GROVEFlat, LeaseholdArea: 62 Sq.mtrAge: 1930-194912 Aug 2003£153,000First Sale
14 MADEIRA GROVESemi-Detached, FreeholdArea: 144 Sq.mtrAge: 1900-192901 Feb 2002£265,000First Sale
6A MADEIRA GROVEFlat, LeaseholdArea: 59.97 Sq.mtrAge: 1930-194916 Jul 1999£92,50054.17%
17 Oct 1997£60,000First Sale
17 MADEIRA GROVESemi-Detached, Freehold10 Feb 1995£107,000First Sale

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

MADEIRA GROVE, IG8 7QH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £290,108 median price is £250,000 Standard Deviation is £169,874 with Total Sold: 1,261
    • The Last 5 Year average price is £550,106 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 £417,188 median price is £338,000 Standard Deviation is £286,669 with Total Sold: 905
    • The Last 5 Year average price is £749,326 with Total Sold: 129
    • 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 £195,298 median price is £184,000 Standard Deviation is £102,887 with Total Sold: 775
    • The Last 5 Year average price is £321,174 with Total Sold: 118
    • The most recent sale happened at this postcode is , 18 CROFT LODGE CLOSE: £390,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 31 ANWORTH CLOSE: £105,000 (Sold on 11 Jan 1995)
  • Detached
    • The average price is around £701,529 median price is £595,000 Standard Deviation is £483,780 with Total Sold: 320
    • The Last 5 Year average price is £1,255,188 with Total Sold: 44
    • 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 TUDOR CLOSE: £182,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £558,808 median price is £375,000 Standard Deviation is £749,546 with Total Sold: 31
    • The Last 5 Year average price is £693,993 with Total Sold: 17
    • 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£602,938 £6,717 16
2023£587,105 £6,134 19
2022£574,766 £6,415 44
2021£542,926 £6,042 50
2020£546,694 £5,483 26
2019£491,035 £5,428 37
2018£507,193 £5,732 30
2017£502,270 £5,336 37
2016£498,889 £5,262 31
2015£415,005 £4,659 50
2014£384,581 £4,291 37
2013£332,200 £3,667 30
2012£299,439 £3,372 23
2011£297,821 £3,134 31
2010£304,021 £3,443 36
2009£267,239 £2,702 23
2008£297,016 £3,074 30
2007£297,730 £3,259 51
2006£255,934 £2,793 62
2005£246,975 £2,678 50
2004£230,910 £2,600 53
2003£220,353 £2,477 56
2002£203,569 £2,069 62
2001£167,250 £1,749 55
2000£151,878 £1,569 66
1999£114,744 £1,229 57
1998£100,138 £1,065 46
1997£89,630 £993 65
1996£84,574 £837 56
1995£73,178 £758 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£897,143 £6,958 7
2023£959,153 £7,143 11
2022£734,789 £6,478 19
2021£739,764 £6,380 36
2020£698,763 £6,301 19
2019£701,712 £5,844 37
2018£662,322 £5,958 27
2017£762,260 £5,927 33
2016£559,146 £5,471 24
2015£646,843 £5,070 34
2014£538,486 £4,719 28
2013£470,700 £3,963 44
2012£445,148 £3,885 32
2011£396,714 £3,634 25
2010£531,565 £3,666 23
2009£371,775 £3,110 20
2008£403,247 £3,328 16
2007£467,230 £3,370 28
2006£377,089 £3,160 28
2005£323,320 £2,718 38
2004£322,693 £2,688 30
2003£318,491 £2,417 29
2002£304,776 £2,837 47
2001£233,647 £1,890 47
2000£234,418 £1,985 38
1999£177,547 £1,279 41
1998£163,612 £1,177 40
1997£145,816 £1,088 40
1996£118,081 £1,048 31
1995£121,326 £838 33
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£385,692 £5,237 13
2023£305,536 £4,980 14
2022£306,104 £5,103 24
2021£343,372 £5,262 30
2020£309,577 £4,914 13
2019£288,952 £4,861 24
2018£348,800 £5,434 15
2017£300,192 £4,794 26
2016£267,414 £4,698 29
2015£280,697 £4,542 33
2014£232,503 £4,073 27
2013£213,806 £3,556 31
2012£212,391 £3,074 22
2011£225,531 £4,218 26
2010£253,045 £3,387 23
2009£216,484 £2,816 29
2008£177,965 £3,071 16
2007£200,713 £3,306 34
2006£171,524 £2,801 34
2005£163,704 £2,565 22
2004£167,787 £2,552 33
2003£147,307 £2,410 44
2002£124,684 £1,980 30
2001£109,881 £1,606 21
2000£90,539 £1,333 32
1999£71,831 £1,089 38
1998£64,645 £1,068 28
1997£54,200 £865 33
1996£42,771 £745 14
1995£50,962 £735 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,100,0001
2023£1,772,200 £8,889 5
2022£1,173,278 £7,426 9
2021£1,232,200 £8,731 10
2020£1,105,591 £6,646 11
2019£1,278,031 £7,014 8
2018£1,363,333 £6,531 9
2017£1,034,067 £6,028 9
2016£952,000 £7,261 10
2015£1,078,371 £5,905 13
2014£920,897 £5,231 11
2013£829,375 £4,378 8
2012£634,625 £4,230 8
2011£925,385 £4,907 13
2010£901,200 £4,129 10
2009£654,650 £3,347 9
2008£520,300 £4,102 5
2007£798,753 £3,825 11
2006£735,166 £3,888 15
2005£558,278 £2,499 9
2004£628,673 £2,786 13
2003£466,312 £2,601 16
2002£483,714 £2,267 14
2001£387,928 £2,263 14
2000£295,167 £1,991 6
1999£295,468 £1,365 16
1998£270,707 £1,503 7
1997£224,900 £891 10
1996£252,719 £1,313 18
1995£222,818 £1,385 22
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£638,980 £5,788 6
2018£438,000 £5,014 5
2017£21,333 £147 3
2016£898,0912
2015£420,000 £8,621 2
2013£317,5002

House Type in IG8 7QH area

The most common house types in the IG8 7QH postcode area are Semi-detached (83), Flat (36), and Shared house (8).

Total139
Semi-detached83
Flat36
Shared house8
commercial building8
Detached3
Terraced1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Private rented: Private landlord or letting agency (42).

Owned: Owns outright58
Private rented: Private landlord or letting agency42
Owned: Owns with a mortgage or loan35
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IG8 7QH have 2 people in household (42), and 1 person in household (37).

2 people in household42
1 person in household37
3 people in household25
4 people in household24
5 people in household11
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0