Housing Market Analysis for IG8 8LY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average IG8 8LY 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.

    All the Sales in the IG8 8LY

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

    AddressSold DatePrice% Change

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

    IG8 8LY Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £305,432 median price is £280,000 Standard Deviation is £158,560 with Total Sold: 453
      • The Last 5 Year average price is £537,802 with Total Sold: 72
      • 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 , 58 WENSLEYDALE AVENUE: £104,995 (Sold on 18 Jan 1995)
    • Terraced
      • The average price is around £265,805 median price is £240,000 Standard Deviation is £149,346 with Total Sold: 937
      • The Last 5 Year average price is £482,810 with Total Sold: 147
      • 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 , 482 CHIGWELL ROAD: £77,000 (Sold on 17 Feb 1995)
    • Flat
      • The average price is around £166,883 median price is £148,000 Standard Deviation is £87,171 with Total Sold: 242
      • The Last 5 Year average price is £277,631 with Total Sold: 31
      • 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 9, ELBURY COURT VICARAGE ROAD: £45,500 (Sold on 28 Feb 1995)
    • Other
      • The average price is around £607,345 median price is £280,000 Standard Deviation is £705,328 with Total Sold: 21
      • The Last 5 Year average price is £66,472 with Total Sold: 9
      • The most recent sale happened at this postcode is , 46 CHALFORD WALK: £215,000 (Sold on 24 Jun 2022)
      • The first recorded sale happened at this postcode is , 1B HIGHFIELD ROAD: £340,000 (Sold on 18 Nov 2016)
    • Detached
      • The average price is around £454,841 median price is £509,995 Standard Deviation is £195,257 with Total Sold: 26
      • The most recent sale happened at this postcode is , 1B HIGHFIELD ROAD: £680,000 (Sold on 21 Sep 2018)
      • The first recorded sale happened at this postcode is , 41 CLAYBURY ROAD: £84,000 (Sold on 30 Jan 1997)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£522,071 £5,458 7
    2023£539,375 £5,504 12
    2022£588,250 £5,686 12
    2021£523,688 £6,010 16
    2020£506,678 £4,875 10
    2019£539,333 £4,815 15
    2018£482,727 £5,019 11
    2017£484,556 £5,284 9
    2016£491,188 £5,206 13
    2015£425,166 £4,324 15
    2014£403,761 £3,765 21
    2013£325,719 £3,428 16
    2012£314,012 £3,129 21
    2011£321,750 £3,368 11
    2010£305,231 £3,055 13
    2009£300,364 £2,617 11
    2008£378,286 £2,811 7
    2007£278,500 £2,892 11
    2006£278,541 £2,879 23
    2005£261,781 £2,528 16
    2004£256,681 £2,484 21
    2003£244,680 £2,473 16
    2002£210,396 £2,067 28
    2001£190,718 £1,722 16
    2000£157,406 £1,487 8
    1999£131,686 £1,289 28
    1998£116,230 £1,092 15
    1997£97,291 £1,013 17
    1996£95,171 £855 19
    1995£93,516 £752 15
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£493,227 £5,981 11
    2023£486,805 £6,202 22
    2022£511,591 £6,326 22
    2021£491,410 £5,845 41
    2020£475,571 £5,689 14
    2019£453,432 £5,234 37
    2018£441,036 £5,590 28
    2017£433,968 £5,162 31
    2016£413,410 £4,868 34
    2015£378,867 £4,251 34
    2014£350,527 £3,939 36
    2013£271,147 £3,441 17
    2012£265,000 £3,427 15
    2011£257,690 £2,955 21
    2010£266,143 £3,135 21
    2009£249,917 £3,079 24
    2008£263,562 £3,085 24
    2007£287,717 £3,063 34
    2006£250,164 £3,202 34
    2005£234,034 £2,817 29
    2004£216,183 £2,907 41
    2003£217,055 £2,633 45
    2002£181,078 £2,083 51
    2001£144,112 £1,755 39
    2000£134,241 £1,487 29
    1999£108,525 £1,299 49
    1998£96,578 £1,222 40
    1997£86,398 £1,021 55
    1996£72,059 £889 27
    1995£77,719 £918 32
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£209,767 £3,611 3
    2023£291,333 £6,472 3
    2022£285,250 £5,178 4
    2021£290,955 £5,204 11
    2020£293,850 £4,752 5
    2019£258,500 £4,835 5
    2018£285,000 £3,701 1
    2017£299,857 £5,341 14
    2016£264,438 £4,259 8
    2015£223,889 £4,027 9
    2014£191,697 £3,313 18
    2013£176,500 £3,203 7
    2012£161,125 £2,942 4
    2011£150,917 £2,885 6
    2010£151,357 £2,849 7
    2009£157,833 £2,600 6
    2008£175,338 £3,226 8
    2007£165,688 £2,848 8
    2006£162,531 £2,797 16
    2005£148,809 £2,558 11
    2004£147,312 £2,518 16
    2003£131,536 £2,303 7
    2002£109,575 £1,873 13
    2001£89,333 £1,573 6
    2000£78,909 £1,278 11
    1999£63,500 £1,219 6
    1998£54,850 £1,001 10
    1997£54,218 £873 8
    1996£48,875 £788 8
    1995£32,333 £462 3
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£247,500 £5,385 2
    2020£10,0001
    2019£15,542 £126 6
    2018£6,000 £107 1
    2017£1,181,000 £23,063 10
    2016£340,000 £1,899 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2018£527,500 £4,617 2
    2017£628,625 £4,167 4
    2016£395,000 £8,404 1
    2015£601,897 £3,643 6
    2014£514,996 £3,815 4
    2009£570,0001
    2007£308,000 £6,553 1
    2006£350,0001
    2005£310,0001
    2002£128,000 £2,723 1
    1999£154,998 £765 2
    1998£130,0001
    1997£84,0001

    House Type in IG8 8LY area

    The most common house types in the IG8 8LY postcode area are Semi-detached (115), Terraced (26), and Detached (3).

    Total145
    Semi-detached115
    Terraced26
    Detached3
    Shared house1
    Flat0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (54).

    Owned: Owns outright67
    Owned: Owns with a mortgage or loan54
    Private rented: Private landlord or letting agency21
    Private rented: Other private rented2
    Social rented: Rents from council or Local Authority1
    Social rented: Other social rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the IG8 8LY have 2 people in household (39), and 3 people in household (30).

    2 people in household39
    3 people in household30
    1 person in household27
    4 people in household26
    5 people in household14
    6 people in household5
    7 people in household3
    8 or more people in household2
    0 people in household0