Housing Market Analysis for WHEELER CLOSE, IG8 8LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £424,994 median price is £370,000 Standard Deviation is £238,530 with Total Sold: 9
    • The Last 5 Year average price is £1,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 WHEELER CLOSE: £1,000,000 (Sold on 18 Oct 2023)
    • The first recorded sale happened at this postcode is 4 WHEELER CLOSE: £250,000 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8LE 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,000,000 £5,882 1
2014£620,000 £3,647 1
2009£490,000 £2,878 1
2002£372,5002
1997£229,9501
1996£246,667 £1,374 3

All the Sales in the WHEELER CLOSE, IG8 8LE

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

AddressSold DatePrice% Change
4 WHEELER CLOSEDetached, FreeholdArea: 170 Sq.mtrAge: 1983-199018 Oct 2023£1,000,00061.29%
03 Apr 2014£620,000148.00%
29 Nov 1996£250,000First Sale
3 WHEELER CLOSEDetached, FreeholdArea: 170.25 Sq.mtrAge: 1996-200216 Dec 2009£490,00092.16%
10 Dec 1996£255,000First Sale
1 WHEELER CLOSEDetached, Freehold23 May 2002£370,000-1.33%
28 Feb 2002£375,00063.08%
31 Oct 1997£229,950First Sale
2 WHEELER CLOSEDetached, Freehold20 Dec 1996£235,000First Sale

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

WHEELER CLOSE, IG8 8LE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £287,983 median price is £250,000 Standard Deviation is £173,857 with Total Sold: 515
    • The Last 5 Year average price is £547,173 with Total Sold: 68
    • The most recent sale happened at this postcode is , 8 BRUNEL ROAD: £505,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 OWEN GARDENS: £83,500 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £445,549 median price is £367,500 Standard Deviation is £296,021 with Total Sold: 320
    • The Last 5 Year average price is £813,325 with Total Sold: 40
    • The most recent sale happened at this postcode is , 19 GROVEWOOD PLACE: £360,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 38 ST MARYS WAY: £131,000 (Sold on 23 Feb 1995)
  • Flat
    • The average price is around £169,362 median price is £162,500 Standard Deviation is £90,442 with Total Sold: 435
    • The Last 5 Year average price is £295,034 with Total Sold: 59
    • The most recent sale happened at this postcode is , 19 SANDS WAY: £355,000 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 12, THURLBY HOUSE THURLBY CLOSE: £74,000 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £272,024 median price is £247,000 Standard Deviation is £151,180 with Total Sold: 661
    • The Last 5 Year average price is £494,752 with Total Sold: 106
    • The most recent sale happened at this postcode is , 31 BRUNEL ROAD: £560,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 646B CHIGWELL ROAD: £38,950 (Sold on 04 Jan 1995)
  • Other
    • The average price is around £768,150 median price is £400,000 Standard Deviation is £1,098,059 with Total Sold: 17
    • The Last 5 Year average price is £608,254 with Total Sold: 10
    • The most recent sale happened at this postcode is , 652A CHIGWELL ROAD: £425,000 (Sold on 12 Oct 2023)
    • The first recorded sale happened at this postcode is , CLAYGATE HOUSE MANOR ROAD: £1,410,000 (Sold on 24 Sep 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£541,3336
2023£538,750 £6,798 10
2022£567,364 £6,108 11
2021£539,079 £5,781 19
2020£552,062 £5,057 12
2019£546,400 £5,519 10
2018£486,286 £5,258 14
2017£452,636 £4,851 11
2016£484,778 £5,152 9
2015£363,540 £4,069 11
2014£371,189 £4,048 19
2013£334,500 £3,560 13
2012£296,500 £3,153 7
2011£322,136 £3,462 11
2010£345,729 £3,257 17
2009£308,239 £3,215 15
2008£319,039 £2,782 9
2007£353,837 £3,296 27
2006£269,619 £2,742 21
2005£343,126 £2,857 19
2004£250,935 £2,852 30
2003£229,760 £2,310 25
2002£194,667 £2,204 24
2001£174,050 £1,781 30
2000£161,500 £1,586 16
1999£132,333 £1,306 32
1998£114,776 £1,222 19
1997£106,486 £1,104 25
1996£93,055 £927 26
1995£92,985 £857 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£795,000 £6,144 3
2023£943,214 £5,876 7
2022£955,000 £6,853 7
2021£692,545 £6,095 11
2020£830,312 £5,478 8
2019£650,000 £5,326 4
2018£762,833 £5,317 12
2017£769,969 £5,509 8
2016£780,167 £5,262 9
2015£583,938 £4,313 8
2014£562,556 £4,330 9
2013£585,857 £3,842 7
2012£566,667 £3,434 3
2011£417,500 £3,583 4
2010£653,700 £4,400 5
2009£496,500 £3,226 5
2008£575,000 £3,194 5
2007£434,562 £2,923 8
2006£385,402 £3,372 21
2005£564,062 £2,717 8
2004£413,643 £2,793 14
2003£447,653 £2,554 13
2002£371,430 £2,409 23
2001£336,650 £1,953 10
2000£266,192 £1,640 13
1999£245,238 £1,910 21
1998£236,339 £1,670 14
1997£179,257 £1,177 15
1996£178,259 £1,219 25
1995£160,449 £1,238 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,0001
2023£301,143 £5,447 7
2022£298,267 £5,047 15
2021£279,765 £4,918 17
2020£304,318 £5,476 11
2019£295,812 £5,405 8
2018£318,949 £5,741 9
2017£289,350 £4,917 10
2016£278,735 £4,956 17
2015£250,079 £4,075 19
2014£224,778 £3,981 16
2013£185,600 £2,835 10
2012£195,769 £3,209 13
2011£212,214 £3,355 7
2010£165,900 £3,112 10
2009£171,100 £2,605 5
2008£182,179 £3,375 14
2007£189,196 £3,284 14
2006£176,937 £2,795 16
2005£164,833 £2,670 9
2004£155,139 £2,582 18
2003£146,693 £2,832 22
2002£130,424 £2,204 30
2001£102,823 £1,716 17
2000£87,255 £1,444 17
1999£72,462 £1,442 27
1998£60,825 £1,067 20
1997£56,763 £984 21
1996£57,047 £1,015 15
1995£55,797 £1,033 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£463,3333
2023£522,750 £5,858 18
2022£504,940 £6,283 21
2021£493,848 £5,665 32
2020£481,992 £5,058 20
2019£466,458 £5,414 12
2018£466,533 £5,489 15
2017£512,929 £5,179 14
2016£455,646 £4,764 15
2015£404,415 £4,715 23
2014£337,725 £4,066 15
2013£311,058 £3,433 26
2012£259,691 £3,384 11
2011£279,594 £3,422 16
2010£301,792 £3,148 12
2009£251,353 £3,085 14
2008£274,833 £2,950 18
2007£287,387 £3,291 31
2006£244,497 £2,804 34
2005£234,800 £2,750 21
2004£227,045 £2,545 33
2003£224,174 £2,772 20
2002£185,176 £2,321 38
2001£154,343 £1,988 38
2000£151,254 £1,719 30
1999£128,703 £1,562 40
1998£105,696 £1,310 28
1997£86,025 £958 18
1996£74,149 £926 25
1995£70,010 £884 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£397,500 £7,619 4
2022£320,000 £5,755 2
2021£700,0001
2020£1,568,772 £5,714 2
2019£15,0001
2017£222,3333
2016£1,633,000 £78,963 3
2014£1,410,0001

House Type in IG8 8LE area

The most common house types in the IG8 8LE postcode area are Flat (125), Semi-detached (23), and Terraced (9).

Total179
Flat125
Semi-detached23
Terraced9
converted building8
Detached7
Shared house6
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (59), and Social rented: Rents from council or Local Authority (58).

Private rented: Private landlord or letting agency59
Social rented: Rents from council or Local Authority58
Owned: Owns with a mortgage or loan40
Owned: Owns outright20
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0

Number of People in a Household

The most houses in the IG8 8LE have 1 person in household (101), and 2 people in household (33).

1 person in household101
2 people in household33
3 people in household23
4 people in household14
5 people in household7
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0