Housing Market Analysis for FRANKLAND CLOSE, IG8 7QN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £304,443 median price is £201,498 Standard Deviation is £228,444 with Total Sold: 8
    • The Last 5 Year average price is £776,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 FRANKLAND CLOSE: £776,000 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is 7 FRANKLAND CLOSE: £135,000 (Sold on 15 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7QN 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£776,000 £7,185 1
2015£590,550 £5,468 1
2001£250,000 £2,644 2
1999£153,998 £1,250 2
1997£126,000 £1,448 1
1996£135,0001

All the Sales in the FRANKLAND CLOSE, IG8 7QN

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

AddressSold DatePrice% Change
1 FRANKLAND CLOSESemi-Detached, FreeholdArea: 108 Sq.mtrAge: 1900-192928 May 2021£776,00031.40%
21 Sep 2015£590,550337.44%
14 May 1999£135,000First Sale
4 FRANKLAND CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-194922 Aug 2001£230,00082.54%
16 Oct 1997£126,000First Sale
7 FRANKLAND CLOSESemi-Detached, Freehold22 Aug 2001£270,00056.07%
31 Mar 1999£172,99528.14%
15 Jan 1996£135,000First Sale

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

FRANKLAND CLOSE, IG8 7QN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £291,120 median price is £250,000 Standard Deviation is £174,939 with Total Sold: 1,210
    • The Last 5 Year average price is £560,142 with Total Sold: 186
    • 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 £416,597 median price is £340,500 Standard Deviation is £286,579 with Total Sold: 912
    • The Last 5 Year average price is £740,443 with Total Sold: 131
    • 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 £181,790 median price is £170,000 Standard Deviation is £100,350 with Total Sold: 690
    • The Last 5 Year average price is £313,270 with Total Sold: 100
    • 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 , 62 PROSPECT ROAD: £46,500 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £731,701 median price is £650,000 Standard Deviation is £493,888 with Total Sold: 254
    • The Last 5 Year average price is £1,257,155 with Total Sold: 37
    • 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 £572,435 median price is £377,500 Standard Deviation is £758,149 with Total Sold: 30
    • 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£602,177 £6,717 17
2023£585,139 £6,152 18
2022£584,005 £6,424 40
2021£555,909 £6,244 44
2020£550,550 £5,468 31
2019£514,710 £5,539 36
2018£524,690 £5,988 25
2017£521,326 £5,458 37
2016£493,051 £5,617 21
2015£423,488 £4,911 41
2014£388,446 £4,471 37
2013£341,879 £3,795 29
2012£320,204 £3,512 25
2011£300,079 £3,334 31
2010£309,150 £3,526 35
2009£274,395 £2,716 24
2008£297,267 £3,005 28
2007£294,290 £3,317 49
2006£253,850 £2,832 56
2005£245,433 £2,740 48
2004£236,519 £2,644 52
2003£228,399 £2,538 57
2002£201,897 £2,100 60
2001£167,829 £1,799 60
2000£151,033 £1,594 59
1999£118,965 £1,274 61
1998£98,533 £1,071 41
1997£87,745 £989 63
1996£87,421 £879 51
1995£73,800 £787 34
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£823,333 £7,486 9
2023£848,955 £6,727 18
2022£707,765 £6,775 17
2021£744,955 £6,488 33
2020£712,472 £6,868 18
2019£690,746 £5,757 36
2018£644,023 £6,102 30
2017£789,895 £6,144 26
2016£619,045 £5,576 22
2015£617,351 £5,015 36
2014£512,961 £4,654 32
2013£476,927 £4,030 44
2012£437,948 £3,812 34
2011£439,288 £3,831 26
2010£540,450 £3,804 20
2009£406,206 £3,122 17
2008£374,996 £3,633 12
2007£443,873 £3,204 28
2006£381,483 £3,162 34
2005£336,850 £2,755 42
2004£334,594 £2,696 34
2003£318,959 £2,400 30
2002£305,133 £2,658 52
2001£234,302 £1,948 43
2000£228,225 £1,920 35
1999£169,334 £1,208 46
1998£156,500 £1,176 38
1997£138,477 £1,060 41
1996£131,044 £1,070 34
1995£120,830 £816 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,900 £4,348 10
2023£285,273 £4,644 11
2022£298,304 £4,735 23
2021£340,789 £4,989 23
2020£306,208 £4,793 12
2019£286,017 £4,681 21
2018£352,200 £5,333 10
2017£297,688 £4,691 24
2016£262,880 £4,564 25
2015£277,964 £4,304 28
2014£218,252 £3,699 24
2013£204,119 £3,301 25
2012£191,580 £2,994 20
2011£188,667 £3,003 12
2010£194,833 £2,881 15
2009£216,788 £2,764 28
2008£175,031 £3,015 16
2007£190,837 £3,120 26
2006£169,510 £2,692 32
2005£158,024 £2,564 21
2004£165,589 £2,453 30
2003£143,578 £2,367 45
2002£122,684 £1,885 30
2001£102,666 £1,469 21
2000£88,612 £1,300 29
1999£67,805 £1,076 33
1998£62,901 £1,069 27
1997£52,404 £855 35
1996£42,797 £737 16
1995£47,908 £730 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,132,5002
2023£2,371,667 £9,046 3
2022£1,226,714 £7,029 7
2021£1,158,700 £8,610 10
2020£1,118,650 £6,828 10
2019£1,154,850 £6,895 5
2018£1,500,714 £6,287 7
2017£1,097,778 £6,105 9
2016£988,333 £7,346 9
2015£1,057,602 £6,062 13
2014£824,102 £4,940 9
2013£653,333 £5,114 6
2012£606,167 £4,011 6
2011£1,019,773 £5,058 11
2010£1,012,750 £4,568 8
2009£701,000 £3,405 5
2008£583,500 £3,941 3
2007£740,571 £3,761 11
2006£714,423 £3,888 13
2005£588,500 £2,499 7
2004£587,844 £2,736 8
2003£474,500 £2,347 12
2002£516,545 £2,203 11
2001£411,954 £2,206 11
2000£300,143 £1,991 7
1999£298,428 £1,335 14
1998£265,667 £1,575 3
1997£219,889 £891 9
1996£256,500 £1,067 12
1995£189,462 £1,365 13
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£510,000 £8,000 4
2017£21,333 £147 3
2016£898,0912
2015£420,000 £8,621 2
2013£317,5002

House Type in IG8 7QN area

The most common house types in the IG8 7QN postcode area are Semi-detached (98), Detached (5), and Terraced (5).

Total117
Semi-detached98
Detached5
Terraced5
Flat5
Shared house4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright56
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency14
Private rented: Other private rented8
Does not apply0
Shared ownership: Shared ownership0
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 7QN have 2 people in household (43), and 1 person in household (28).

2 people in household43
1 person in household28
4 people in household20
3 people in household18
5 people in household9
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0