Housing Market Analysis for PARKWAY, IG8 7RE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £364,676 median price is £372,500 Standard Deviation is £200,388 with Total Sold: 17
    • The Last 5 Year average price is £642,500 with Total Sold: 3
    • The most recent sale happened at this postcode is 17 PARKWAY: £825,000 (Sold on 29 Apr 2024)
    • The first recorded sale happened at this postcode is 7 PARKWAY: £154,995 (Sold on 15 Oct 1999)
  • Semi-Detached
    • The average price is around £520,000 median price is £520,000 Standard Deviation is £170,000 with Total Sold: 2
    • The Last 5 Year average price is £690,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 PARKWAY: £690,000 (Sold on 13 Jun 2019)
    • The first recorded sale happened at this postcode is 15 PARKWAY: £350,000 (Sold on 20 Aug 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7RE 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
2024£825,0001
2023£577,500 £5,775 1
2021£525,000 £7,609 1
2018£712,500 £5,278 1
2014£400,667 £4,935 3
2013£403,750 £4,051 2
2007£305,000 £3,810 2
2002£193,0001
2001£154,9982
2000£140,998 £1,389 2
1999£154,995 £1,649 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£690,000 £5,111 1
2010£350,000 £2,593 1

All the Sales in the PARKWAY, IG8 7RE

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

AddressSold DatePrice% Change
17 PARKWAYTerraced, Freehold29 Apr 2024£825,00089.66%
07 Oct 2013£435,000First Sale
14 PARKWAYTerraced, FreeholdArea: 100 Sq.mtrAge: 1930-194910 Mar 2023£577,500312.51%
17 Mar 2000£139,995First Sale
19 PARKWAYTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-192928 May 2021£525,00032.91%
30 Oct 2014£395,000First Sale
15 PARKWAYSemi-Detached, FreeholdArea: 135 Sq.mtrAge: 1930-194913 Jun 2019£690,00097.14%
20 Aug 2010£350,000First Sale
18 PARKWAYTerraced, FreeholdArea: 135 Sq.mtrAge: 1930-194922 Nov 2018£712,500First Sale
20 PARKWAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192914 Jul 2014£390,00021.88%
23 Oct 2007£320,000First Sale
7 PARKWAYTerraced, FreeholdArea: 94 Sq.mtrAge: 1930-194928 Feb 2014£417,00043.79%
08 Jan 2007£290,00087.10%
15 Oct 1999£154,995First Sale
11A PARKWAYTerraced, FreeholdArea: 103 Sq.mtrAge: 1930-194907 May 2013£372,500162.32%
29 Feb 2000£142,000First Sale
9 PARKWAYTerraced, Freehold18 Feb 2002£193,00037.86%
14 Dec 2001£140,000First Sale
11 PARKWAYTerraced, Freehold17 Aug 2001£169,995First Sale

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

PARKWAY, IG8 7RE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £293,923 median price is £250,000 Standard Deviation is £173,937 with Total Sold: 1,257
    • The Last 5 Year average price is £562,855 with Total Sold: 193
    • 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 £437,454 median price is £375,000 Standard Deviation is £281,855 with Total Sold: 877
    • The Last 5 Year average price is £748,466 with Total Sold: 141
    • 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 £175,081 median price is £162,500 Standard Deviation is £104,767 with Total Sold: 362
    • The Last 5 Year average price is £289,357 with Total Sold: 54
    • The most recent sale happened at this postcode is 5, RODING HEIGHTS, 5 STATION WAY: £410,000 (Sold on 15 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 £710,460 median price is £650,000 Standard Deviation is £433,415 with Total Sold: 249
    • The Last 5 Year average price is £1,227,620 with Total Sold: 48
    • 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 , 16 KINGS AVENUE: £230,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £373,808 median price is £300,000 Standard Deviation is £354,024 with Total Sold: 13
    • The Last 5 Year average price is £391,950 with Total Sold: 10
    • The most recent sale happened at this postcode is , 44A STATION WAY: £211,000 (Sold on 02 Apr 2024)
    • 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£608,588 £6,393 20
2023£602,342 £6,486 19
2022£581,698 £6,422 39
2021£547,031 £6,241 48
2020£553,613 £5,545 31
2019£525,252 £5,394 36
2018£528,946 £6,080 23
2017£521,185 £5,448 38
2016£494,632 £5,750 27
2015£440,073 £4,951 41
2014£374,451 £4,316 37
2013£345,828 £3,829 32
2012£326,210 £3,454 29
2011£301,517 £3,345 26
2010£299,872 £3,465 41
2009£275,210 £2,946 19
2008£304,935 £3,163 31
2007£301,000 £3,477 49
2006£255,439 £2,957 61
2005£251,806 £2,804 49
2004£245,754 £2,697 61
2003£232,504 £2,576 58
2002£196,439 £2,119 63
2001£174,141 £1,863 69
2000£149,952 £1,601 55
1999£120,034 £1,234 62
1998£101,009 £1,116 39
1997£89,379 £1,017 54
1996£87,004 £855 59
1995£76,541 £828 41
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£632,500 £7,138 8
2023£831,899 £6,914 18
2022£720,474 £6,858 19
2021£780,526 £6,718 38
2020£756,083 £6,427 24
2019£706,015 £5,881 34
2018£712,841 £6,592 22
2017£838,740 £6,211 29
2016£645,436 £5,521 23
2015£590,709 £5,243 39
2014£514,267 £4,631 29
2013£487,897 £4,210 39
2012£475,345 £4,063 28
2011£442,875 £3,847 24
2010£528,947 £3,974 19
2009£493,625 £3,517 16
2008£382,083 £3,564 12
2007£444,540 £3,388 25
2006£427,082 £3,172 34
2005£352,690 £2,876 29
2004£346,896 £2,843 33
2003£324,894 £2,626 38
2002£317,676 £2,284 42
2001£259,775 £1,957 40
2000£226,899 £1,919 31
1999£198,884 £1,472 46
1998£165,080 £1,238 34
1997£149,343 £1,063 39
1996£134,018 £1,056 41
1995£137,823 £843 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£308,7504
2023£273,286 £4,552 7
2022£277,062 £4,748 16
2021£345,571 £5,787 7
2020£300,000 £5,127 8
2019£268,775 £4,855 12
2018£310,625 £5,605 4
2017£402,611 £5,760 18
2016£304,700 £5,570 8
2015£234,600 £3,792 5
2014£220,429 £3,770 15
2013£172,375 £3,282 6
2012£180,286 £3,212 7
2011£190,067 £3,372 8
2010£191,650 £3,113 10
2009£181,350 £3,107 10
2008£188,500 £3,427 14
2007£186,327 £3,329 13
2006£165,781 £2,878 16
2005£154,344 £2,974 16
2004£155,105 £2,549 19
2003£141,795 £2,435 22
2002£112,583 £1,948 18
2001£92,392 £1,493 14
2000£80,472 £1,451 13
1999£69,369 £1,211 20
1998£57,708 £1,094 16
1997£57,062 £975 16
1996£45,391 £795 11
1995£51,312 £911 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,237,000 £9,634 5
2023£1,671,667 £7,176 3
2022£1,565,286 £7,882 7
2021£1,156,182 £8,439 11
2020£1,027,423 £6,531 13
2019£1,188,250 £6,479 9
2018£1,045,000 £7,611 4
2017£1,165,625 £7,004 8
2016£1,075,625 £6,212 4
2015£900,382 £6,640 10
2014£899,556 £5,374 10
2013£827,188 £5,048 8
2012£626,500 £4,284 8
2011£803,214 £4,932 7
2010£888,000 £5,824 9
2009£612,500 £4,373 4
2008£731,125 £3,941 2
2007£619,229 £4,543 10
2006£614,166 £4,437 12
2005£559,318 £2,926 11
2004£546,230 £2,746 10
2003£484,114 £2,311 11
2002£556,850 £2,918 10
2001£398,400 £2,371 10
2000£319,777 £1,977 9
1999£275,687 £1,473 12
1998£255,400 £1,924 5
1997£197,286 £1,287 7
1996£240,500 £1,178 8
1995£182,712 £1,175 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,0001
2022£557,5002
2021£666,000 £5,203 1
2020£650,0001
2019£255,5005
2018£370,000 £8,000 2
2013£200,0001

House Type in IG8 7RE area

The most common house types in the IG8 7RE postcode area are Terraced (102), Semi-detached (24), and Detached (3).

Total132
Terraced102
Semi-detached24
Detached3
Flat2
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (57).

Owned: Owns outright59
Owned: Owns with a mortgage or loan57
Private rented: Private landlord or letting agency14
Private rented: Other private rented2
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 7RE have 2 people in household (47), and 4 people in household (31).

2 people in household47
4 people in household31
3 people in household26
1 person in household19
5 people in household4
6 people in household3
7 people in household2
8 or more people in household2
0 people in household0