Housing Market Analysis for GRANGEWAY, IG8 7RL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £339,544 median price is £304,000 Standard Deviation is £202,426 with Total Sold: 16
    • The Last 5 Year average price is £648,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 GRANGEWAY: £595,000 (Sold on 18 Nov 2021)
    • The first recorded sale happened at this postcode is 1 GRANGEWAY: £93,000 (Sold on 22 Mar 1996)
  • Semi-Detached
    • The average price is around £276,250 median price is £276,250 Standard Deviation is £111,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 GRANGEWAY: £387,500 (Sold on 16 Dec 2011)
    • The first recorded sale happened at this postcode is 14 GRANGEWAY: £165,000 (Sold on 24 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7RL 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
2021£592,500 £5,221 2
2020£760,000 £4,720 1
2017£450,000 £5,357 1
2016£545,000 £7,267 1
2014£420,000 £3,652 1
2013£305,000 £4,067 1
2010£303,000 £2,635 1
2007£282,0001
2006£269,2001
2004£377,5001
2001£185,000 £1,149 1
1996£87,750 £872 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£387,500 £2,782 1
2000£165,0001

All the Sales in the GRANGEWAY, IG8 7RL

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

AddressSold DatePrice% Change
9 GRANGEWAYTerraced, FreeholdArea: 115 Sq.mtrAge: 1930-194918 Nov 2021£595,00041.67%
21 Mar 2014£420,00038.61%
30 Jul 2010£303,000First Sale
7 GRANGEWAYTerraced, FreeholdArea: 112 Sq.mtrAge: 1930-194930 Jul 2021£590,000697.30%
05 Jul 1996£74,000First Sale
2 GRANGEWAYTerraced, FreeholdArea: 161 Sq.mtrAge: 1930-194910 Mar 2020£760,000310.81%
30 Nov 2001£185,000First Sale
11 GRANGEWAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1930-194923 Feb 2017£450,000394.51%
29 Nov 1996£91,000First Sale
10 GRANGEWAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-194909 Dec 2016£545,00078.69%
28 Jun 2013£305,000First Sale
12 GRANGEWAYSemi-Detached, FreeholdArea: 139.3 Sq.mtrAge: 1930-194916 Dec 2011£387,500First Sale
16 GRANGEWAYTerraced, Freehold13 Apr 2007£282,000First Sale
4 GRANGEWAYTerraced, Freehold27 Sep 2006£269,200First Sale
11A GRANGEWAYTerraced, Freehold24 Sep 2004£377,500305.91%
19 Dec 1996£93,000First Sale
14 GRANGEWAYSemi-Detached, Freehold24 Nov 2000£165,000First Sale
1 GRANGEWAYTerraced, Freehold22 Mar 1996£93,000First Sale

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

GRANGEWAY, IG8 7RL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £303,096 median price is £269,598 Standard Deviation is £179,219 with Total Sold: 1,100
    • The Last 5 Year average price is £578,606 with Total Sold: 173
    • 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 £428,497 median price is £370,000 Standard Deviation is £263,944 with Total Sold: 809
    • The Last 5 Year average price is £746,976 with Total Sold: 136
    • 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 £190,348 median price is £172,500 Standard Deviation is £110,950 with Total Sold: 361
    • The Last 5 Year average price is £305,121 with Total Sold: 50
    • 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 , 25 CHERRY TREE RISE: £42,000 (Sold on 28 Feb 1995)
  • Detached
    • The average price is around £677,949 median price is £607,500 Standard Deviation is £411,298 with Total Sold: 276
    • The Last 5 Year average price is £1,245,609 with Total Sold: 46
    • 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 FARM WAY: £132,000 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £313,100 median price is £187,500 Standard Deviation is £296,903 with Total Sold: 10
    • The Last 5 Year average price is £262,889 with Total Sold: 9
    • 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 , 124 FOREST EDGE: £765,000 (Sold on 22 Sep 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£613,376 £6,393 18
2023£611,947 £6,369 19
2022£604,292 £6,508 35
2021£558,475 £5,899 41
2020£567,407 £5,490 27
2019£547,374 £5,382 33
2018£536,131 £6,117 21
2017£530,954 £5,551 33
2016£501,669 £5,788 27
2015£461,065 £4,694 31
2014£381,941 £4,277 39
2013£356,017 £3,876 29
2012£339,467 £3,487 27
2011£302,269 £3,362 24
2010£303,136 £3,424 35
2009£318,333 £3,184 24
2008£298,630 £3,084 23
2007£316,488 £3,591 40
2006£264,611 £2,940 50
2005£255,418 £2,839 43
2004£254,316 £2,676 49
2003£234,328 £2,551 51
2002£193,989 £2,080 56
2001£167,800 £1,814 59
2000£147,877 £1,559 42
1999£121,288 £1,219 56
1998£104,751 £1,127 30
1997£90,244 £992 48
1996£85,809 £877 51
1995£77,633 £839 39
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£594,062 £7,227 8
2023£830,209 £6,933 20
2022£718,579 £6,846 19
2021£801,435 £6,872 31
2020£730,308 £6,315 26
2019£710,828 £6,015 32
2018£708,000 £6,657 20
2017£719,725 £6,163 20
2016£704,138 £5,798 22
2015£598,885 £5,230 34
2014£527,875 £4,628 28
2013£467,968 £4,283 32
2012£420,431 £4,128 27
2011£449,409 £3,869 22
2010£486,579 £3,908 19
2009£467,800 £3,766 15
2008£383,409 £3,220 11
2007£404,940 £3,464 25
2006£411,743 £3,197 32
2005£372,318 £3,067 22
2004£371,928 £2,824 31
2003£328,661 £2,649 34
2002£305,383 £2,337 43
2001£264,001 £1,923 37
2000£205,465 £1,877 32
1999£186,317 £1,409 37
1998£164,612 £1,261 29
1997£146,495 £1,079 39
1996£134,396 £1,041 41
1995£124,976 £789 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,333 £5,217 3
2023£293,143 £5,616 7
2022£293,227 £4,892 11
2021£365,125 £5,959 8
2020£314,889 £5,527 9
2019£279,879 £5,286 12
2018£300,625 £5,530 4
2017£404,579 £5,895 19
2016£321,285 £5,891 10
2015£284,000 £4,358 7
2014£222,652 £3,809 16
2013£172,806 £3,414 9
2012£194,000 £3,501 8
2011£187,942 £3,131 8
2010£179,875 £3,155 12
2009£166,500 £3,205 5
2008£196,059 £3,511 17
2007£248,040 £4,386 34
2006£161,364 £2,958 11
2005£154,867 £2,755 15
2004£151,250 £2,661 18
2003£141,667 £2,601 15
2002£116,968 £2,024 16
2001£89,000 £1,485 12
2000£76,143 £1,495 15
1999£67,669 £1,209 20
1998£59,981 £1,061 13
1997£48,727 £939 11
1996£40,869 £680 8
1995£51,914 £922 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,272,500 £9,634 6
2023£1,510,000 £6,933 4
2022£1,692,000 £8,746 5
2021£1,224,833 £7,722 12
2020£1,013,000 £6,704 10
2019£1,148,333 £6,115 9
2018£992,000 £6,450 6
2017£1,173,750 £6,834 6
2016£909,750 £6,230 6
2015£829,802 £6,369 11
2014£897,500 £4,875 10
2013£827,188 £4,807 8
2012£648,400 £5,083 5
2011£784,000 £4,024 10
2010£743,375 £5,355 8
2009£585,000 £3,968 7
2008£741,036 £3,127 7
2007£657,375 £4,749 12
2006£552,96213
2005£541,409 £2,985 11
2004£512,680 £2,506 10
2003£492,525 £2,491 10
2002£499,104 £2,275 14
2001£399,923 £2,438 13
2000£361,958 £2,312 12
1999£285,018 £1,558 14
1998£295,409 £1,914 11
1997£195,818 £1,272 11
1996£272,333 £1,382 6
1995£187,672 £1,192 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,0001
2023£162,500 £3,457 1
2022£557,5002
2021£415,000 £5,203 2
2019£15,8333
2017£765,000 £5,169 1

House Type in IG8 7RL area

The most common house types in the IG8 7RL postcode area are Terraced (101), Semi-detached (27), and Detached (1).

Total129
Terraced101
Semi-detached27
Detached1
Flat0
Shared house0
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 (65), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan65
Owned: Owns outright48
Private rented: Private landlord or letting agency15
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IG8 7RL have 3 people in household (36), and 4 people in household (33).

3 people in household36
4 people in household33
2 people in household28
1 person in household24
5 people in household6
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0