Housing Market Analysis for CHIGWELL ROAD, IG8 8PA

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

Overview of Sold House prices

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

Terraced
- The average price is around £260,884 median price is £235,500 Standard Deviation is £151,409 with Total Sold: 26
- The Last 5 Year average price is £464,800 with Total Sold: 5
- The most recent sale happened at this postcode is 518 CHIGWELL ROAD: £500,000 (Sold on 02 Jun 2023)
- The first recorded sale happened at this postcode is 514 CHIGWELL ROAD: £79,500 (Sold on 17 Mar 1995)
Flat
- The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 538A CHIGWELL ROAD: £150,000 (Sold on 11 Feb 2005)
- The first recorded sale happened at this postcode is 538A CHIGWELL ROAD: £150,000 (Sold on 11 Feb 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8PA 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£500,000	£6,250	1
2022	£549,000	£6,239	1
2020	£412,500	£5,223	2
2019	£450,000	£3,947	1
2018	£450,000	£4,787	1
2016	£435,000	£5,577	1
2015	£435,000	£4,943	1
2014	£264,750	£3,625	2
2009	£150,000	£1,515	1
2007	£315,000		1
2006	£246,667	£2,226	3
2005	£235,000	£2,424	2
2004	£201,999		1
2002	£195,000	£2,500	1
2000	£53,750		2
1998	£101,000		1
1997	£83,165	£861	3
1995	£79,500	£843	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£150,000		1

All the Sales in the CHIGWELL ROAD, IG8 8PA

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

Address	Sold Date	Price	% Change
518 CHIGWELL ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	02 Jun 2023	£500,000	21.95%
	17 Aug 2020	£410,000	First Sale
494 CHIGWELL ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	05 Jul 2022	£549,000	26.21%
	14 Oct 2015	£435,000	28.13%
	12 Feb 2014	£339,500	43.86%
	11 Apr 2006	£236,000	First Sale
510 CHIGWELL ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1930-1949	10 Jan 2020	£415,000	-4.60%
	16 Feb 2016	£435,000	123.08%
	07 Nov 2002	£195,000	First Sale
522 CHIGWELL ROADTerraced, FreeholdArea: 114 Sq.mtrAge: 1930-1949	29 Mar 2019	£450,000	First Sale
520 CHIGWELL ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1930-1949	28 Nov 2018	£450,000	First Sale
536A CHIGWELL ROADTerraced, FreeholdArea: 56 Sq.mtrAge: 1930-1949	19 Dec 2014	£190,000	First Sale
492 CHIGWELL ROADTerraced, FreeholdArea: 99 Sq.mtrAge: 1930-1949	01 Apr 2009	£150,000	-37.50%
	15 Dec 2005	£240,000	115.25%
	17 Dec 1997	£111,500	92.24%
	16 Oct 1997	£58,000	First Sale
498 CHIGWELL ROADTerraced, Freehold	30 Nov 2007	£315,000	17.10%
498 CHIGWELL ROADTerraced, Freehold	03 Aug 2006	£269,000	First Sale
540 CHIGWELL ROADTerraced, Freehold	25 May 2006	£235,000	452.94%
	20 Apr 2000	£42,500	-34.62%
	13 Jan 2000	£65,000	First Sale
502 CHIGWELL ROADTerraced, Freehold	12 Sep 2005	£230,000	First Sale
538A CHIGWELL ROADFlat, Leasehold	11 Feb 2005	£150,000	First Sale
538 CHIGWELL ROADTerraced, Freehold	23 Dec 2004	£201,999	First Sale
512 CHIGWELL ROADTerraced, Freehold	28 Jul 1998	£101,000	First Sale
504 CHIGWELL ROADTerraced, FreeholdArea: 91.96 Sq.mtrAge: 1930-1949	12 Dec 1997	£79,995	First Sale
514 CHIGWELL ROADTerraced, FreeholdArea: 94.3 Sq.mtrAge: 1930-1949	17 Mar 1995	£79,500	First Sale

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

CHIGWELL ROAD, IG8 8PA Near By properties

Interactive Map

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

Terraced
- The average price is around £255,035 median price is £232,000 Standard Deviation is £147,230 with Total Sold: 1,600
- The Last 5 Year average price is £484,525 with Total Sold: 227
- 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)
Semi-Detached
- The average price is around £292,137 median price is £255,000 Standard Deviation is £166,070 with Total Sold: 380
- The Last 5 Year average price is £556,678 with Total Sold: 45
- The most recent sale happened at this postcode is , 29 BRACKLEY SQUARE: £740,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 7 GALES WAY: £101,500 (Sold on 27 Jan 1995)
Flat
- The average price is around £177,638 median price is £163,250 Standard Deviation is £94,770 with Total Sold: 578
- The Last 5 Year average price is £303,434 with Total Sold: 79
- The most recent sale happened at this postcode is 32, THE RODINGS SNAKES LANE: £388,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 9 WESTFIELD PARK DRIVE: £57,500 (Sold on 16 Feb 1995)
Other
- The average price is around £767,433 median price is £400,000 Standard Deviation is £1,028,854 with Total Sold: 37
- The Last 5 Year average price is £451,468 with Total Sold: 20
- 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)
Detached
- The average price is around £342,784 median price is £306,500 Standard Deviation is £181,944 with Total Sold: 40
- The Last 5 Year average price is £559,375 with Total Sold: 4
- The most recent sale happened at this postcode is , 161 BRACKLEY SQUARE: £527,500 (Sold on 01 Sep 2023)
- The first recorded sale happened at this postcode is , 178 SNAKES LANE EAST: £225,000 (Sold on 20 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£500,042	£5,981	12
2023	£492,470	£6,166	35
2022	£514,147	£6,358	39
2021	£483,535	£5,962	65
2020	£469,303	£5,797	31
2019	£460,451	£5,266	45
2018	£459,262	£5,458	40
2017	£439,097	£5,420	47
2016	£423,764	£5,115	43
2015	£372,875	£4,694	58
2014	£325,856	£4,191	59
2013	£275,950	£3,563	40
2012	£279,607	£3,615	28
2011	£263,000	£3,137	36
2010	£263,771	£3,251	35
2009	£239,903	£2,996	36
2008	£252,451	£3,227	41
2007	£268,337	£3,056	65
2006	£245,263	£3,003	82
2005	£228,885	£2,762	50
2004	£221,812	£2,805	75
2003	£210,899	£2,683	74
2002	£169,105	£2,175	82
2001	£137,157	£1,906	77
2000	£126,886	£1,704	57
1999	£107,793	£1,371	84
1998	£93,359	£1,249	70
1997	£84,331	£1,062	93
1996	£73,280	£986	53
1995	£67,013	£914	48

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£629,286		7
2023	£483,000	£6,963	5
2022	£567,333	£6,183	3
2021	£554,382	£6,183	17
2020	£567,143	£5,119	7
2019	£522,333	£5,098	6
2018	£516,438	£5,491	13
2017	£516,792	£5,442	13
2016	£487,500	£5,188	11
2015	£419,545	£4,906	11
2014	£401,800	£4,364	15
2013	£307,616	£3,438	17
2012	£300,750	£3,152	7
2011	£323,433	£3,374	15
2010	£288,200	£3,547	5
2009	£301,357	£2,701	7
2008	£299,999	£2,455	6
2007	£311,071	£3,271	14
2006	£257,759	£2,789	21
2005	£251,525	£2,498	20
2004	£256,214	£3,107	21
2003	£202,789	£2,360	12
2002	£202,178	£3,868	14
2001	£159,928	£1,739	21
2000	£156,295	£1,726	11
1999	£125,268	£1,213	23
1998	£118,269	£1,432	13
1997	£94,768	£1,010	22
1996	£88,400	£848	10
1995	£83,096	£838	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£366,333	£4,844	3
2023	£301,300	£5,194	10
2022	£322,933	£5,323	15
2021	£287,217	£5,113	23
2020	£325,295	£5,052	11
2019	£284,176	£4,905	17
2018	£317,636	£5,317	11
2017	£308,855	£5,205	27
2016	£275,385	£4,510	26
2015	£242,575	£4,029	20
2014	£198,646	£3,328	26
2013	£199,555	£3,303	18
2012	£195,633	£3,186	15
2011	£184,423	£3,233	13
2010	£182,045	£3,249	11
2009	£165,182	£2,403	11
2008	£181,012	£3,465	13
2007	£172,056	£2,806	18
2006	£152,576	£2,800	33
2005	£184,211	£3,358	35
2004	£138,534	£2,357	27
2003	£136,605	£2,496	28
2002	£115,056	£1,980	32
2001	£90,714	£1,627	14
2000	£83,271	£1,350	24
1999	£69,780	£1,212	25
1998	£59,526	£1,037	19
1997	£52,630	£815	21
1996	£44,234	£682	16
1995	£50,871	£944	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,206,250	£6,071	4
2022	£175,000	£5,385	3
2021	£580,000		2
2020	£803,333	£5,714	3
2019	£13,669	£98	8
2018	£220,750	£2,586	2
2017	£1,181,000	£23,063	10
2016	£1,659,796	£40,431	4
2015	£475,000	£2,669	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£581,250	£5,777	2
2021	£537,500	£5,094	2
2018	£680,000	£3,799	1
2017	£616,750	£4,197	4
2016	£433,750	£6,431	2
2015	£560,000	£5,957	1
2014	£293,787	£3,255	3
2013	£313,500	£3,848	2
2012	£412,500	£4,118	1
2009	£462,000	£2,662	2
2007	£308,000	£6,553	1
2006	£350,000		1
2005	£340,000	£2,557	1
2003	£226,250	£1,931	4
2002	£211,667	£2,949	3
2000	£240,000	£2,609	1
1999	£129,995	£765	1
1998	£144,500	£1,825	5
1997	£84,000		1
1996	£114,995	£1,085	1
1995	£225,000		1

House Type in IG8 8PA area

The most common house types in the IG8 8PA postcode area are Terraced (86), Semi-detached (23), and Shared house (9).

Total	136
Terraced	86
Semi-detached	23
Shared house	9
commercial building	7
Flat	6
Detached	3
converted building	2
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 (57), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan	57
Owned: Owns outright	40
Private rented: Private landlord or letting agency	35
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IG8 8PA have 2 people in household (45), and 3 people in household (29).

2 people in household	45
3 people in household	29
4 people in household	28
1 person in household	19
5 people in household	10
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0