Housing Market Analysis for HERONWAY, IG8 7RQ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £361,000 median price is £312,500 Standard Deviation is £194,285 with Total Sold: 5
    • The Last 5 Year average price is £587,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 HERONWAY: £600,000 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is 9 HERONWAY: £130,000 (Sold on 20 Jan 2000)
  • Terraced
    • The average price is around £357,583 median price is £315,000 Standard Deviation is £207,895 with Total Sold: 6
    • The Last 5 Year average price is £625,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 HERONWAY: £567,500 (Sold on 01 Jun 2021)
    • The first recorded sale happened at this postcode is 4 HERONWAY: £88,000 (Sold on 06 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 7RQ 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
2023£600,000 £5,172 1
2020£575,000 £6,319 1
2007£312,500 £2,694 1
2001£187,500 £2,060 1
2000£130,000 £1,429 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£567,500 £7,567 1
2020£683,000 £4,296 1
2014£300,0001
2007£330,000 £4,400 1
2001£177,0001
1997£88,0001

All the Sales in the HERONWAY, IG8 7RQ

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

AddressSold DatePrice% Change
12 HERONWAYSemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-194920 Oct 2023£600,00092.00%
29 Jun 2007£312,500First Sale
10 HERONWAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1930-194901 Jun 2021£567,50071.97%
27 Sep 2007£330,000First Sale
2 HERONWAYTerraced, FreeholdArea: 159 Sq.mtrAge: 1930-194912 Aug 2020£683,000First Sale
9 HERONWAYSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-194918 May 2020£575,000206.67%
09 Mar 2001£187,50044.23%
20 Jan 2000£130,000First Sale
11 HERONWAYTerraced, Freehold31 Jul 2014£300,000First Sale
1 HERONWAYTerraced, Leasehold30 Jan 2001£177,000First Sale
4 HERONWAYTerraced, Freehold06 Oct 1997£88,000First Sale

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

HERONWAY, IG8 7RQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £297,323 median price is £250,000 Standard Deviation is £176,548 with Total Sold: 1,179
    • The Last 5 Year average price is £570,322 with Total Sold: 180
    • 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 £443,085 median price is £380,000 Standard Deviation is £281,401 with Total Sold: 876
    • The Last 5 Year average price is £766,206 with Total Sold: 144
    • 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 £180,198 median price is £165,000 Standard Deviation is £110,311 with Total Sold: 285
    • The Last 5 Year average price is £300,751 with Total Sold: 43
    • 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 £709,681 median price is £650,000 Standard Deviation is £415,613 with Total Sold: 324
    • The Last 5 Year average price is £1,238,737 with Total Sold: 56
    • 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 £332,167 median price is £300,000 Standard Deviation is £287,284 with Total Sold: 9
    • The Last 5 Year average price is £336,188 with Total Sold: 8
    • 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 , JUBILEE HALL WEST GROVE: £300,000 (Sold on 12 Sep 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£617,198 £6,393 19
2023£605,667 £6,405 18
2022£594,627 £6,519 37
2021£551,807 £6,225 44
2020£553,931 £5,536 29
2019£535,896 £5,385 33
2018£528,946 £6,080 23
2017£532,258 £5,551 35
2016£494,632 £5,750 27
2015£454,605 £4,971 38
2014£374,451 £4,316 37
2013£346,984 £3,818 31
2012£327,861 £3,460 28
2011£298,378 £3,338 25
2010£308,414 £3,490 38
2009£291,187 £3,029 16
2008£301,357 £3,140 28
2007£311,580 £3,541 44
2006£258,882 £2,942 55
2005£249,968 £2,792 48
2004£248,821 £2,687 56
2003£234,307 £2,548 53
2002£196,428 £2,091 60
2001£176,488 £1,824 64
2000£149,958 £1,573 51
1999£120,924 £1,212 57
1998£103,516 £1,107 37
1997£89,558 £999 51
1996£87,662 £855 57
1995£76,968 £829 40
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£708,889 £7,138 9
2023£840,747 £6,949 19
2022£740,450 £6,865 20
2021£792,027 £6,744 37
2020£775,840 £6,711 25
2019£719,691 £5,911 34
2018£726,500 £6,571 25
2017£772,327 £6,106 26
2016£671,787 £5,508 21
2015£601,149 £5,345 38
2014£527,125 £4,606 30
2013£490,787 £4,251 33
2012£497,057 £4,168 29
2011£448,435 £3,879 23
2010£553,158 £3,981 19
2009£505,167 £3,551 18
2008£404,091 £3,570 11
2007£455,770 £3,406 24
2006£427,082 £3,172 34
2005£364,107 £2,966 28
2004£367,135 £2,828 34
2003£327,319 £2,648 36
2002£316,273 £2,301 40
2001£268,171 £1,960 41
2000£230,153 £1,893 32
1999£200,638 £1,462 45
1998£168,520 £1,246 36
1997£154,302 £1,071 41
1996£137,762 £1,063 43
1995£142,070 £824 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£308,7504
2023£281,667 £5,634 3
2022£286,000 £4,854 13
2021£368,500 £5,977 6
2020£301,857 £5,268 7
2019£281,030 £5,162 10
2018£322,500 £6,135 3
2017£413,941 £5,760 17
2016£310,433 £5,991 6
2015£259,333 £4,183 3
2014£212,585 £3,653 11
2013£171,850 £3,466 5
2012£189,500 £3,465 6
2011£202,172 £3,477 6
2010£194,277 £3,229 9
2009£166,500 £3,205 5
2008£189,538 £3,477 13
2007£192,361 £3,840 9
2006£157,917 £2,958 12
2005£156,731 £2,974 13
2004£151,375 £2,549 16
2003£144,233 £2,694 15
2002£114,781 £2,029 16
2001£90,273 £1,475 11
2000£83,285 £1,543 11
1999£69,025 £1,258 15
1998£58,519 £1,100 13
1997£54,500 £997 10
1996£48,556 £832 8
1995£51,312 £911 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,266,875 £9,634 8
2023£1,392,000 £7,085 5
2022£1,651,667 £8,269 6
2021£1,239,667 £8,211 15
2020£1,002,727 £6,846 11
2019£1,158,114 £6,469 11
2018£1,078,333 £6,641 6
2017£1,142,500 £6,660 10
2016£995,389 £6,345 9
2015£836,371 £6,361 13
2014£906,469 £5,137 14
2013£865,833 £4,953 9
2012£667,950 £4,171 10
2011£816,450 £4,560 10
2010£793,083 £5,142 12
2009£588,000 £4,373 5
2008£763,708 £2,939 6
2007£694,806 £4,783 14
2006£622,692 £3,462 13
2005£561,429 £2,977 14
2004£525,843 £2,649 14
2003£484,114 £2,311 11
2002£534,567 £2,317 15
2001£414,393 £2,438 14
2000£359,942 £2,235 13
1999£275,308 £1,428 17
1998£311,850 £2,029 10
1997£196,778 £1,236 9
1996£230,444 £1,187 9
1995£178,414 £1,192 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,0001
2022£557,5002
2021£666,000 £5,203 1
2020£650,0001
2019£15,8333
2018£300,0001

House Type in IG8 7RQ area

The most common house types in the IG8 7RQ 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 7RQ 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