Housing Market Analysis for CHIGWELL ROAD, IG8 8PL

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

Overview of Sold House prices

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

Terraced
- The average price is around £291,654 median price is £278,500 Standard Deviation is £132,465 with Total Sold: 26
- The Last 5 Year average price is £446,500 with Total Sold: 6
- The most recent sale happened at this postcode is 305 CHIGWELL ROAD: £480,000 (Sold on 22 Sep 2022)
- The first recorded sale happened at this postcode is 309 CHIGWELL ROAD: £84,500 (Sold on 24 Oct 1997)
Flat
- The average price is around £138,010 median price is £135,000 Standard Deviation is £86,395 with Total Sold: 25
- The Last 5 Year average price is £265,350 with Total Sold: 5
- The most recent sale happened at this postcode is 289 CHIGWELL ROAD: £250,000 (Sold on 06 May 2022)
- The first recorded sale happened at this postcode is 293 CHIGWELL ROAD: £19,000 (Sold on 08 Dec 1995)
Other
- The average price is around £10,000 median price is £10,000 Standard Deviation is £0 with Total Sold: 2
- The Last 5 Year average price is £10,000 with Total Sold: 1
- The most recent sale happened at this postcode is 347 CHIGWELL ROAD: £10,000 (Sold on 07 Sep 2020)
- The first recorded sale happened at this postcode is 347 CHIGWELL ROAD: £10,000 (Sold on 24 Jul 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8PL 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
2022	£480,000	£4,000	1
2023	£491,000	£4,814	1
2021	£425,000	£5,380	1
2019	£427,667	£4,960	3
2017	£457,500	£5,732	2
2016	£410,000	£4,020	1
2015	£350,000	£3,795	2
2014	£278,500	£3,330	2
2013	£248,000	£3,100	1
2012	£290,000	£4,211	1
2010	£232,000	£2,479	1
2007	£235,000	£3,140	2
2006	£220,000		1
2003	£182,500	£2,310	1
2002	£200,000		1
2001	£107,500		2
2000	£85,000		1
1998	£94,995	£872	1
1997	£84,500	£903	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£250,000	£5,262	1
2021	£270,000	£5,138	2
2020	£281,750	£5,316	1
2019	£255,000	£5,100	1
2017	£275,000	£5,500	1
2014	£195,000	£4,076	1
2013	£162,500	£3,457	1
2011	£135,500	£2,832	1
2010	£122,000	£2,386	1
2006	£165,000	£3,288	2
2005	£141,000	£2,800	1
2003	£135,000	£2,700	1
2002	£105,000	£1,981	1
2001	£91,000	£1,685	1
2000	£77,000	£1,540	1
1999	£63,000	£1,246	2
1998	£41,000	£820	1
1996	£42,125	£831	4
1995	£19,000	£309	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£10,000		1
2017	£10,000		1

All the Sales in the CHIGWELL ROAD, IG8 8PL

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

Address	Sold Date	Price	% Change
305 CHIGWELL ROADTerraced, FreeholdArea: 120 Sq.mtrAge: 1930-1949	22 Sep 2022	£480,000	First Sale
303 CHIGWELL ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1930-1949	13 Apr 2023	£491,000	19.76%
	08 Jul 2016	£410,000	First Sale
289 CHIGWELL ROADFlat, LeaseholdArea: 47.51 Sq.mtrAge: 1930-1949	06 May 2022	£250,000	296.83%
	12 Feb 1999	£63,000	First Sale
335 CHIGWELL ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1930-1949	10 Dec 2021	£240,000	First Sale
333 CHIGWELL ROADFlat, LeaseholdArea: 53 Sq.mtrAge: 1930-1949	28 May 2021	£300,000	6.48%
	04 Feb 2020	£281,750	168.33%
	06 Dec 2002	£105,000	First Sale
317 CHIGWELL ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1930-1949	28 May 2021	£425,000	50.71%
	23 May 2014	£282,000	First Sale
347 CHIGWELL ROADOther, Leasehold	07 Sep 2020	£10,000	0.0
347 CHIGWELL ROADOther, Leasehold	24 Jul 2017	£10,000	First Sale
299 CHIGWELL ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1930-1949	12 Dec 2019	£440,000	60.00%
	24 Oct 2014	£275,000	First Sale
265 CHIGWELL ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1930-1949	09 Dec 2019	£255,000	First Sale
319 CHIGWELL ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	29 Nov 2019	£418,000	67.20%
	29 Jun 2007	£250,000	First Sale
321 CHIGWELL ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1930-1949	13 Sep 2019	£425,000	First Sale
279 CHIGWELL ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	27 Oct 2017	£275,000	71.88%
	05 Jul 2006	£160,000	18.52%
	13 Mar 2003	£135,000	75.32%
	12 Oct 2000	£77,000	92.50%
	20 Dec 1996	£40,000	First Sale
309 CHIGWELL ROADTerraced, FreeholdArea: 93.6 Sq.mtrAge: 1930-1949	20 Jul 2017	£475,000	104.74%
	15 Mar 2010	£232,000	174.56%
	24 Oct 1997	£84,500	First Sale
313 CHIGWELL ROADTerraced, FreeholdArea: 68.87 Sq.mtrAge: 1930-1949	31 Mar 2017	£440,000	51.72%
	17 May 2012	£290,000	31.82%
	18 May 2007	£220,000	First Sale
323 CHIGWELL ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	26 Nov 2015	£335,000	83.56%
	11 Dec 2003	£182,500	First Sale
301 CHIGWELL ROADTerraced, FreeholdArea: 109 Sq.mtrAge: 1930-1949	10 Aug 2015	£365,000	284.23%
	06 Mar 1998	£94,995	First Sale
337 CHIGWELL ROADFlat, LeaseholdArea: 47.84 Sq.mtrAge: 1950-1966	28 Nov 2014	£195,000	43.91%
	18 Mar 2011	£135,500	First Sale
269 CHIGWELL ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1950-1966	27 Aug 2013	£162,500	269.32%
	20 Sep 1996	£44,000	First Sale
329 CHIGWELL ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	23 Aug 2013	£248,000	First Sale
339 CHIGWELL ROADFlat, LeaseholdArea: 51.14 Sq.mtrAge: 1930-1949	12 Jan 2010	£122,000	First Sale
271 CHIGWELL ROADFlat, LeaseholdArea: 50.36 Sq.mtr	14 Jun 2006	£170,000	20.57%
271 CHIGWELL ROADFlat, LeaseholdArea: 50.36 Sq.mtr	05 Aug 2005	£141,000	First Sale
307 CHIGWELL ROADTerraced, Freehold	08 Feb 2006	£220,000	83.33%
307 CHIGWELL ROADTerraced, Freehold	26 Jan 2001	£120,000	First Sale
STAR MINI MARKET, 347 CHIGWELL ROADTerraced, Freehold	08 Nov 2002	£200,000	135.29%
STAR MINI MARKET, 347 CHIGWELL ROADTerraced, Freehold	24 Jan 2000	£85,000	First Sale
285 CHIGWELL ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 1930-1949	24 Aug 2001	£91,000	44.44%
	11 Jun 1999	£63,000	First Sale
345 CHIGWELL ROADTerraced, Freehold	30 Mar 2001	£95,000	First Sale
291 CHIGWELL ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1900-1929	20 Aug 1998	£41,000	First Sale
293 CHIGWELL ROADFlat, LeaseholdArea: 61.44 Sq.mtrAge: 1930-1949	10 May 1996	£46,500	144.74%
	08 Dec 1995	£19,000	First Sale
287 CHIGWELL ROADFlat, Leasehold	26 Apr 1996	£38,000	First Sale

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

CHIGWELL ROAD, IG8 8PL Near By properties

Interactive Map

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

Terraced
- The average price is around £260,996 median price is £230,000 Standard Deviation is £159,421 with Total Sold: 1,324
- The Last 5 Year average price is £516,887 with Total Sold: 191
- The most recent sale happened at this postcode is , 97 ST ANTHONYS AVENUE: £650,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 216 CHIGWELL ROAD: £59,000 (Sold on 19 Jan 1995)
Semi-Detached
- The average price is around £301,943 median price is £260,000 Standard Deviation is £171,491 with Total Sold: 427
- The Last 5 Year average price is £587,534 with Total Sold: 53
- 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 , 179 ST BARNABAS ROAD: £97,500 (Sold on 11 Jan 1995)
Flat
- The average price is around £160,758 median price is £144,550 Standard Deviation is £95,384 with Total Sold: 578
- The Last 5 Year average price is £295,995 with Total Sold: 88
- The most recent sale happened at this postcode is , 63 FINCHINGFIELD AVENUE: £350,000 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is , 35 LYNWOOD CLOSE: £41,500 (Sold on 31 May 1995)
Detached
- The average price is around £419,250 median price is £462,500 Standard Deviation is £232,827 with Total Sold: 16
- The Last 5 Year average price is £660,400 with Total Sold: 5
- 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 , 47 GORDON ROAD: £135,000 (Sold on 31 Oct 1996)
Other
- The average price is around £860,766 median price is £1,220,010 Standard Deviation is £696,678 with Total Sold: 23
- The Last 5 Year average price is £345,222 with Total Sold: 5
- The most recent sale happened at this postcode is , 1 LYNWOOD CLOSE: £1,220,010 (Sold on 08 Jul 2022)
- The first recorded sale happened at this postcode is , 44 CHALFORD WALK: £550,000 (Sold on 22 Feb 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£535,938	£5,405	8
2023	£576,812	£6,580	30
2022	£551,667	£6,055	39
2021	£508,962	£5,847	46
2020	£480,135	£5,519	37
2019	£465,848	£5,232	31
2018	£480,732	£5,542	28
2017	£432,726	£5,470	31
2016	£436,154	£5,111	39
2015	£389,233	£4,547	45
2014	£340,915	£4,210	47
2013	£290,837	£3,486	43
2012	£287,553	£3,677	19
2011	£270,619	£3,138	21
2010	£253,182	£3,140	34
2009	£246,298	£3,109	21
2008	£248,450	£3,251	30
2007	£275,174	£3,111	48
2006	£246,429	£2,860	81
2005	£224,877	£2,669	45
2004	£220,278	£2,728	59
2003	£209,530	£2,631	60
2002	£178,142	£2,104	81
2001	£144,549	£1,762	73
2000	£122,860	£1,601	50
1999	£107,867	£1,298	65
1998	£92,420	£1,245	60
1997	£88,320	£1,119	59
1996	£74,929	£963	52
1995	£68,534	£842	42

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£623,750		4
2023	£556,111	£5,661	9
2022	£635,556	£5,946	9
2021	£592,286	£6,356	14
2020	£594,936	£4,863	11
2019	£513,833	£4,949	6
2018	£540,062	£4,609	8
2017	£484,940	£5,475	15
2016	£476,885	£4,903	13
2015	£463,211	£4,771	19
2014	£386,691	£4,218	17
2013	£325,250	£2,937	12
2012	£326,143	£3,202	14
2011	£290,562	£3,414	8
2010	£284,917	£3,087	12
2009	£292,750	£2,779	10
2008	£306,908	£2,831	11
2007	£301,849	£2,861	17
2006	£263,090	£2,704	27
2005	£257,364	£2,610	22
2004	£241,262	£2,637	21
2003	£224,542	£2,210	12
2002	£210,832	£2,672	24
2001	£164,270	£1,586	24
2000	£146,259	£1,374	17
1999	£117,174	£1,108	20
1998	£95,325	£1,061	10
1997	£93,572	£1,022	16
1996	£85,981	£794	13
1995	£87,250	£869	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£289,273	£4,673	11
2022	£272,714	£5,088	21
2021	£322,383	£6,585	34
2020	£294,096	£4,752	11
2019	£267,500	£4,360	11
2018	£300,773	£4,975	11
2017	£280,294	£5,031	19
2016	£252,129	£4,226	22
2015	£213,294	£3,269	25
2014	£174,252	£3,145	29
2013	£176,358	£2,847	12
2012	£165,393	£2,694	14
2011	£166,875	£2,978	12
2010	£143,211	£2,646	19
2009	£147,283	£2,486	14
2008	£159,282	£2,871	14
2007	£148,750	£2,561	22
2006	£144,983	£2,639	29
2005	£140,225	£2,515	20
2004	£134,642	£2,497	25
2003	£131,004	£2,251	23
2002	£115,628	£1,816	27
2001	£81,791	£1,253	30
2000	£70,778	£1,253	27
1999	£63,733	£1,111	15
1998	£55,414	£957	24
1997	£49,203	£848	30
1996	£36,370	£653	20
1995	£31,393	£591	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£544,750	£6,264	2
2022	£845,000	£8,284	1
2021	£660,000	£5,739	1
2019	£707,500	£5,527	1
2018	£500,000	£5,435	1
2016	£670,000	£5,826	1
2013	£232,000	£3,494	1
2010	£475,000	£2,840	2
2003	£285,000	£2,879	1
2000	£287,000		1
1998	£111,000	£1,442	1
1997	£165,000		1
1996	£103,000	£717	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£571,670	£5,385	3
2020	£10,000		1
2019	£1,100	£13	1
2018	£1,040,250	£2,586	6
2017	£985,833	£23,063	12

House Type in IG8 8PL area

The most common house types in the IG8 8PL postcode area are Flat (74), Terraced (14), and Semi-detached (7).

Total	105
Flat	74
Terraced	14
Semi-detached	7
Shared house	6
converted building	2
commercial building	2
Detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (44), and Private rented: Private landlord or letting agency (27).

Social rented: Rents from council or Local Authority	44
Private rented: Private landlord or letting agency	27
Owned: Owns with a mortgage or loan	14
Owned: Owns outright	12
Social rented: Other social rented	5
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the IG8 8PL have 3 people in household (28), and 2 people in household (21).

3 people in household	28
2 people in household	21
4 people in household	19
5 people in household	16
1 person in household	14
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0