Housing Market Analysis for KENSINGTON DRIVE, IG8 8LR

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £327,196 median price is £274,000 Standard Deviation is £163,568 with Total Sold: 23
- The Last 5 Year average price is £578,500 with Total Sold: 4
- The most recent sale happened at this postcode is 15 KENSINGTON DRIVE: £529,000 (Sold on 14 Nov 2022)
- The first recorded sale happened at this postcode is 23 KENSINGTON DRIVE: £107,500 (Sold on 16 Dec 1996)
Terraced
- The average price is around £295,889 median price is £294,000 Standard Deviation is £173,896 with Total Sold: 9
- The Last 5 Year average price is £532,500 with Total Sold: 2
- The most recent sale happened at this postcode is 7 KENSINGTON DRIVE: £500,000 (Sold on 10 Dec 2019)
- The first recorded sale happened at this postcode is 10 KENSINGTON DRIVE: £77,000 (Sold on 11 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8LR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£578,000	£5,251	3
2019	£580,000	£4,361	1
2017	£425,000	£6,343	1
2016	£520,000	£5,361	1
2015	£550,000	£5,008	1
2014	£388,500	£3,631	1
2013	£310,000	£2,768	1
2010	£270,000	£3,214	1
2009	£351,000	£2,700	1
2005	£304,000	£3,134	1
2004	£268,000	£2,594	2
2003	£230,000	£2,371	1
2002	£256,250	£2,390	2
2001	£185,000	£1,804	2
1999	£112,333	£1,188	3
1996	£107,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£532,500	£5,525	2
2015	£453,000	£3,653	1
2008	£315,000	£3,539	1
2005	£278,000	£2,648	1
2004	£294,000	£3,818	1
1998	£105,000		1
1996	£76,000	£987	1
1995	£77,000		1

All the Sales in the KENSINGTON DRIVE, IG8 8LR

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

Address	Sold Date	Price	% Change
15 KENSINGTON DRIVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	14 Nov 2022	£529,000	95.93%
	20 Dec 2010	£270,000	First Sale
22 KENSINGTON DRIVESemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1900-1929	28 Feb 2022	£605,000	First Sale
8 KENSINGTON DRIVESemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1930-1949	23 Feb 2022	£600,000	70.94%
	03 Aug 2009	£351,000	First Sale
7 KENSINGTON DRIVETerraced, FreeholdArea: 77 Sq.mtrAge: 1930-1949	10 Dec 2019	£500,000	70.07%
	06 Oct 2004	£294,000	286.84%
	11 Oct 1996	£76,000	First Sale
11A KENSINGTON DRIVETerraced, FreeholdArea: 124 Sq.mtrAge: 1930-1949	22 Nov 2019	£565,000	24.72%
	22 May 2015	£453,000	First Sale
6 KENSINGTON DRIVESemi-Detached, FreeholdArea: 133 Sq.mtrAge: 1930-1949	08 Aug 2019	£580,000	First Sale
21 KENSINGTON DRIVESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1930-1949	20 Jan 2017	£425,000	First Sale
20 KENSINGTON DRIVESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1930-1949	15 Jul 2016	£520,000	71.05%
	16 Aug 2005	£304,000	32.17%
	02 Oct 2003	£230,000	31.43%
	01 Jun 2001	£175,000	First Sale
5 KENSINGTON DRIVESemi-Detached, FreeholdArea: 109.83 Sq.mtrAge: 1930-1949	04 Nov 2015	£550,000	109.52%
	04 Dec 2002	£262,500	First Sale
16 KENSINGTON DRIVESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1930-1949	24 Apr 2014	£388,500	First Sale
17 KENSINGTON DRIVESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1930-1949	29 May 2013	£310,000	First Sale
11 KENSINGTON DRIVETerraced, FreeholdArea: 89 Sq.mtrAge: 1930-1949	29 Feb 2008	£315,000	First Sale
12 KENSINGTON DRIVETerraced, FreeholdArea: 105 Sq.mtrAge: 1930-1949	01 Feb 2005	£278,000	First Sale
18 KENSINGTON DRIVESemi-Detached, Freehold	15 Jul 2004	£274,000	174.00%
18 KENSINGTON DRIVESemi-Detached, Freehold	04 May 1999	£100,000	First Sale
25 KENSINGTON DRIVESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1930-1949	01 Jun 2004	£262,000	118.33%
	21 Jun 1999	£120,000	First Sale
19 KENSINGTON DRIVESemi-Detached, Freehold	27 Sep 2002	£250,000	113.68%
19 KENSINGTON DRIVESemi-Detached, Freehold	29 Sep 1999	£117,000	First Sale
2 KENSINGTON DRIVESemi-Detached, Freehold	20 Jul 2001	£195,000	First Sale
10 KENSINGTON DRIVETerraced, Freehold	27 Mar 1998	£105,000	36.36%
10 KENSINGTON DRIVETerraced, Freehold	11 Oct 1995	£77,000	First Sale
23 KENSINGTON DRIVESemi-Detached, Freehold	16 Dec 1996	£107,500	First Sale

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

KENSINGTON DRIVE, IG8 8LR Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £314,684 median price is £286,000 Standard Deviation is £163,297 with Total Sold: 621
- The Last 5 Year average price is £542,580 with Total Sold: 108
- The most recent sale happened at this postcode is , 32 CHALGROVE CRESCENT: £550,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 48 MARSTON ROAD: £90,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £167,068 median price is £147,500 Standard Deviation is £91,565 with Total Sold: 452
- The Last 5 Year average price is £273,115 with Total Sold: 76
- The most recent sale happened at this postcode is , 9 ASH WAY: £225,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 194 RODING LANE NORTH: £46,750 (Sold on 26 Jan 1995)
Terraced
- The average price is around £283,077 median price is £249,998 Standard Deviation is £159,825 with Total Sold: 642
- The Last 5 Year average price is £508,039 with Total Sold: 109
- The most recent sale happened at this postcode is , 347 RODING LANE NORTH: £557,500 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 216 CHIGWELL ROAD: £59,000 (Sold on 19 Jan 1995)
Other
- The average price is around £1,414,769 median price is £550,000 Standard Deviation is £3,772,717 with Total Sold: 44
- The Last 5 Year average price is £1,626,136 with Total Sold: 22
- The most recent sale happened at this postcode is UNIT 18, BOURNE COURT UNITY TRADING ESTATE: £658,000 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is UNIT 23-24, BOURNE COURT UNITY TRADING ESTATE: £765,000 (Sold on 25 Mar 2014)
Detached
- The average price is around £359,692 median price is £348,500 Standard Deviation is £171,454 with Total Sold: 78
- The Last 5 Year average price is £605,583 with Total Sold: 12
- The most recent sale happened at this postcode is , 122 WANSFORD ROAD: £562,000 (Sold on 20 Nov 2023)
- The first recorded sale happened at this postcode is , 61 PEEL PLACE: £113,000 (Sold on 25 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£487,400		5
2023	£534,029	£5,512	17
2022	£579,175	£5,735	20
2021	£572,900	£5,345	24
2020	£495,676	£4,886	17
2019	£532,940	£4,970	25
2018	£504,833	£5,413	9
2017	£489,941	£5,063	17
2016	£471,211	£4,884	14
2015	£451,435	£4,766	23
2014	£391,326	£4,034	23
2013	£364,300	£3,414	20
2012	£308,300	£3,275	20
2011	£297,231	£3,336	13
2010	£289,894	£3,181	24
2009	£312,111	£2,788	9
2008	£385,556	£2,765	9
2007	£342,692	£3,074	18
2006	£284,008	£2,986	36
2005	£276,000	£2,358	24
2004	£273,716	£2,425	29
2003	£266,093	£2,318	26
2002	£218,910	£2,108	39
2001	£197,354	£1,781	24
2000	£154,370	£1,249	20
1999	£136,681	£1,285	37
1998	£111,392	£999	19
1997	£102,488	£1,018	16
1996	£100,984	£917	26
1995	£96,736	£729	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£184,750	£3,785	8
2023	£232,458	£4,376	12
2022	£305,577	£5,462	13
2021	£308,167	£6,026	24
2020	£237,350	£4,433	5
2019	£281,000	£4,717	14
2018	£250,900	£4,334	5
2017	£249,794	£4,679	18
2016	£265,818	£4,639	11
2015	£217,745	£4,148	22
2014	£189,805	£3,273	29
2013	£170,444	£2,981	9
2012	£160,318	£2,937	11
2011	£149,214	£3,111	7
2010	£158,466	£2,994	16
2009	£161,154	£2,957	12
2008	£176,917	£3,469	12
2007	£177,447	£3,054	19
2006	£164,043	£2,914	23
2005	£157,055	£2,857	18
2004	£146,547	£2,630	21
2003	£137,478	£2,429	21
2002	£118,331	£1,976	14
2001	£90,795	£1,605	22
2000	£83,392	£1,476	16
1999	£70,863	£1,239	11
1998	£63,655	£1,067	19
1997	£54,571	£1,128	14
1996	£47,233	£894	15
1995	£42,591	£644	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£523,625		4
2023	£517,941	£5,912	11
2022	£527,443	£5,889	23
2021	£526,507	£5,443	28
2020	£474,211	£5,017	19
2019	£487,542	£4,970	24
2018	£498,062	£4,929	8
2017	£473,967	£5,133	15
2016	£439,525	£4,520	20
2015	£397,028	£4,102	18
2014	£364,389	£3,627	18
2013	£290,350	£3,267	15
2012	£338,318	£3,421	11
2011	£277,656	£3,101	16
2010	£301,200	£3,107	20
2009	£254,044	£2,928	11
2008	£277,702	£3,551	22
2007	£308,358	£3,087	36
2006	£256,077	£2,672	35
2005	£239,285	£2,699	21
2004	£242,217	£2,530	23
2003	£219,164	£2,535	39
2002	£200,658	£1,984	34
2001	£159,574	£1,746	27
2000	£132,394	£1,546	19
1999	£123,146	£1,179	29
1998	£109,257	£1,104	23
1997	£96,581	£899	16
1996	£84,108	£864	30
1995	£85,787	£759	27

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£658,000		1
2023	£6,180,000	£5,978	4
2022	£448,333	£5,385	3
2021	£1,250,000		1
2020	£202,500		2
2019	£672,455		11
2018	£445,714	£107	7
2017	£1,994,545	£20,645	11
2016	£149,922	£1,946	2
2015	£350,000		1
2014	£765,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£646,400	£5,408	5
2022	£626,667	£5,884	3
2020	£605,000	£3,968	2
2019	£472,500	£5,210	2
2018	£486,500	£5,304	2
2017	£502,000	£4,854	4
2016	£585,000	£5,222	2
2015	£503,750	£4,501	4
2014	£445,000	£3,860	2
2012	£385,000	£3,702	1
2010	£413,167	£3,686	3
2009	£310,000	£3,196	1
2007	£448,333	£4,554	3
2006	£306,000	£2,266	4
2005	£310,000		1
2004	£364,167	£3,177	3
2003	£297,167	£2,879	3
2002	£329,714	£2,634	7
2001	£254,857	£2,074	7
2000	£235,000	£1,528	1
1999	£173,999	£1,770	4
1998	£168,167	£1,286	3
1997	£144,667	£1,480	6
1996	£98,333	£717	3
1995	£122,500	£1,056	2

House Type in IG8 8LR area

The most common house types in the IG8 8LR postcode area are Semi-detached (59), Flat (45), and Terraced (15).

Total	132
Semi-detached	59
Flat	45
Terraced	15
Shared house	7
Detached	6
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (56), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan	56
Owned: Owns outright	36
Private rented: Private landlord or letting agency	21
Shared ownership: Shared ownership	9
Social rented: Rents from council or Local Authority	3
Social rented: Other social rented	3
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the IG8 8LR have 4 people in household (37), and 1 person in household (26).

4 people in household	37
1 person in household	26
3 people in household	26
2 people in household	25
5 people in household	9
6 people in household	6
7 people in household	1
0 people in household	0
8 or more people in household	0