Housing Market Analysis for CHIGWELL ROAD, IG8 8AD

Are you looking to understand IG8 8AD 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 8AD area, explore the IG8 8AD Area information page.
For comprehensive crime statistics in the IG8 8AD area, explore the IG8 8AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG8 8AD postcode area, The average prices are as follows,

  • Other
    • The average price is around £400,000 median price is £400,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 612 CHIGWELL ROAD: £400,000 (Sold on 31 Jul 2023)
    • The first recorded sale happened at this postcode is 612 CHIGWELL ROAD: £400,000 (Sold on 31 Jul 2023)
  • Flat
    • The average price is around £130,000 median price is £130,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 612A CHIGWELL ROAD: £130,000 (Sold on 16 Oct 2003)
    • The first recorded sale happened at this postcode is 612A CHIGWELL ROAD: £130,000 (Sold on 16 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8AD 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£400,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£130,0001

All the Sales in the CHIGWELL ROAD, IG8 8AD

See the table below for more details on the sold house prices in the IG8 8AD, Redbridge postcode.

AddressSold DatePrice% Change
612 CHIGWELL ROADOther, Freehold31 Jul 2023£400,000First Sale
612A CHIGWELL ROADFlat, Leasehold16 Oct 2003£130,000First Sale

Check out the sold house prices near the IG8 8AD postcode. Properties currently for saleProperties currently for rent

CHIGWELL ROAD, IG8 8AD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG8 8AD 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 8AD postcode.

  • Terraced
    • The average price is around £269,408 median price is £246,500 Standard Deviation is £147,732 with Total Sold: 1,283
    • The Last 5 Year average price is £490,060 with Total Sold: 201
    • The most recent sale happened at this postcode is , 29 CANFIELD ROAD: £550,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 646B CHIGWELL ROAD: £38,950 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £172,663 median price is £159,650 Standard Deviation is £92,838 with Total Sold: 426
    • The Last 5 Year average price is £293,290 with Total Sold: 51
    • The most recent sale happened at this postcode is , 8 ST JUDES COURT: £160,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 12, THURLBY HOUSE THURLBY CLOSE: £74,000 (Sold on 10 Feb 1995)
  • Semi-Detached
    • The average price is around £273,495 median price is £245,000 Standard Deviation is £157,445 with Total Sold: 427
    • The Last 5 Year average price is £534,953 with Total Sold: 53
    • The most recent sale happened at this postcode is , 442 CHIGWELL ROAD: £435,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 GALES WAY: £101,500 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £372,897 median price is £360,000 Standard Deviation is £193,139 with Total Sold: 83
    • The Last 5 Year average price is £633,409 with Total Sold: 11
    • The most recent sale happened at this postcode is , 38 GWYNNE PARK AVENUE: £725,000 (Sold on 22 Jan 2024)
    • The first recorded sale happened at this postcode is , 178 SNAKES LANE EAST: £225,000 (Sold on 20 Jun 1995)
  • Other
    • The average price is around £657,094 median price is £367,500 Standard Deviation is £1,112,281 with Total Sold: 26
    • The Last 5 Year average price is £508,792 with Total Sold: 18
    • 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 , 36 GAYNES HILL ROAD: £475,000 (Sold on 19 Jun 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£483,115 £5,981 13
2023£511,217 £6,047 32
2022£504,235 £6,457 33
2021£499,127 £5,715 61
2020£477,756 £5,646 27
2019£453,622 £5,271 35
2018£458,902 £5,496 41
2017£457,178 £5,301 34
2016£425,357 £4,992 36
2015£386,024 £4,502 42
2014£337,952 £4,093 42
2013£291,955 £3,455 33
2012£277,000 £3,442 23
2011£250,866 £3,092 30
2010£279,562 £3,223 24
2009£250,748 £2,986 32
2008£266,959 £3,002 37
2007£285,309 £3,231 55
2006£256,870 £2,993 61
2005£235,439 £2,686 41
2004£225,616 £2,674 68
2003£216,373 £2,661 59
2002£178,051 £2,247 62
2001£151,767 £1,941 53
2000£140,151 £1,731 46
1999£112,790 £1,395 68
1998£101,479 £1,208 53
1997£85,937 £980 66
1996£75,776 £884 41
1995£69,956 £864 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,075 £3,611 4
2023£320,000 £6,333 2
2022£299,654 £5,296 13
2021£283,458 £5,198 12
2020£326,667 £5,202 9
2019£281,500 £4,905 11
2018£322,333 £5,200 9
2017£322,633 £5,167 15
2016£273,237 £4,682 19
2015£239,666 £4,231 12
2014£238,100 £3,958 13
2013£203,727 £3,331 11
2012£203,900 £3,449 10
2011£201,400 £3,354 10
2010£162,812 £3,133 8
2009£164,571 £2,433 7
2008£186,744 £3,505 9
2007£197,393 £3,278 14
2006£167,933 £2,886 15
2005£194,029 £3,470 31
2004£145,946 £2,573 13
2003£141,886 £2,755 22
2002£126,826 £2,219 37
2001£103,653 £1,673 13
2000£83,725 £1,437 20
1999£71,653 £1,384 26
1998£58,882 £1,043 17
1997£53,535 £896 14
1996£52,225 £719 12
1995£55,180 £986 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£608,0005
2023£532,500 £6,786 9
2022£536,444 £5,568 9
2021£532,656 £5,667 16
2020£502,214 £4,927 7
2019£522,000 £5,467 7
2018£470,667 £5,236 12
2017£485,300 £4,733 10
2016£465,423 £5,065 13
2015£339,945 £4,035 10
2014£371,885 £3,723 21
2013£312,033 £3,575 15
2012£281,964 £3,277 7
2011£333,227 £3,229 11
2010£301,600 £3,240 9
2009£296,635 £3,064 11
2008£243,783 £2,411 3
2007£282,850 £3,142 16
2006£264,316 £2,800 22
2005£236,958 £2,445 12
2004£253,341 £2,999 22
2003£214,314 £2,182 19
2002£187,717 £2,223 23
2001£166,979 £1,803 24
2000£154,841 £1,485 11
1999£120,621 £1,213 28
1998£116,765 £1,397 16
1997£101,804 £1,065 23
1996£90,849 £960 17
1995£86,934 £786 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£725,000 £6,144 1
2023£645,625 £5,830 4
2021£609,000 £6,095 5
2020£615,000 £5,642 1
2018£627,667 £4,927 3
2017£624,400 £4,398 5
2016£433,750 £6,431 2
2015£497,625 £4,914 4
2014£410,750 £3,842 4
2013£395,000 £4,202 1
2012£388,750 £3,831 2
2010£593,500 £4,359 1
2009£428,833 £2,698 3
2008£360,000 £3,091 2
2007£398,500 £5,129 3
2006£396,200 £3,297 5
2005£340,000 £2,557 1
2004£435,000 £2,810 2
2003£206,500 £1,966 5
2002£244,833 £2,801 6
2001£258,250 £2,353 2
2000£242,500 £2,482 2
1999£176,499 £1,164 4
1998£144,500 £1,825 5
1997£99,000 £1,018 2
1996£139,749 £1,142 4
1995£157,3754
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£970,000 £6,071 5
2022£320,000 £5,755 2
2021£580,0002
2020£1,200,000 £5,714 2
2019£15,464 £126 7
2017£208,5002
2016£1,406,836 £40,431 5
2015£475,000 £2,669 1

House Type in IG8 8AD area

The most common house types in the IG8 8AD postcode area are Flat (56), Terraced (50), and Semi-detached (10).

Total131
Flat56
Terraced50
Semi-detached10
commercial building7
Detached4
Shared house4
converted 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 (33), and Social rented: Other social rented (32).

Owned: Owns with a mortgage or loan33
Social rented: Other social rented32
Owned: Owns outright30
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority11
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG8 8AD have 1 person in household (58), and 2 people in household (27).

1 person in household58
2 people in household27
3 people in household22
4 people in household17
5 people in household2
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0