Housing Market Analysis for LECHMERE APPROACH, IG8 8QE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £284,135 median price is £250,000 Standard Deviation is £184,553 with Total Sold: 5
    • The Last 5 Year average price is £497,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 10 LECHMERE APPROACH: £520,000 (Sold on 20 Sep 2019)
    • The first recorded sale happened at this postcode is 3 LECHMERE APPROACH: £86,000 (Sold on 08 Aug 1997)
  • Semi-Detached
    • The average price is around £225,498 median price is £256,500 Standard Deviation is £77,564 with Total Sold: 6
    • The most recent sale happened at this postcode is 5 LECHMERE APPROACH: £285,000 (Sold on 26 Sep 2013)
    • The first recorded sale happened at this postcode is 4 LECHMERE APPROACH: £75,000 (Sold on 24 May 1996)
  • Detached
    • The average price is around £229,000 median price is £229,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 LECHMERE APPROACH: £229,000 (Sold on 01 May 2002)
    • The first recorded sale happened at this postcode is 1 LECHMERE APPROACH: £229,000 (Sold on 01 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8QE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£497,500 £5,264 2
2013£250,000 £3,231 1
1998£89,675 £1,212 1
1997£86,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£285,000 £3,202 1
2012£284,998 £3,785 2
2006£243,000 £2,893 1
2001£179,995 £2,486 1
1996£75,000 £1,036 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£229,0001

All the Sales in the LECHMERE APPROACH, IG8 8QE

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

AddressSold DatePrice% Change
10 LECHMERE APPROACHTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-196620 Sep 2019£520,000First Sale
6 LECHMERE APPROACHTerraced, FreeholdArea: 100 Sq.mtrAge: 1930-194911 Feb 2019£475,000First Sale
5 LECHMERE APPROACHSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-194926 Sep 2013£285,000First Sale
8 LECHMERE APPROACHTerraced, FreeholdArea: 77.38 Sq.mtrAge: 1930-194928 Feb 2013£250,000178.78%
09 Jan 1998£89,675First Sale
2 LECHMERE APPROACHSemi-Detached, FreeholdArea: 78.12 Sq.mtrAge: 1930-194908 Nov 2012£299,995First Sale
4 LECHMERE APPROACHSemi-Detached, FreeholdArea: 72.4 Sq.mtrAge: 1950-196626 Oct 2012£270,00050.00%
12 Dec 2001£179,995139.99%
24 May 1996£75,000First Sale
9 LECHMERE APPROACHSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-197510 Nov 2006£243,000First Sale
1 LECHMERE APPROACHDetached, Freehold01 May 2002£229,000First Sale
3 LECHMERE APPROACHTerraced, Freehold08 Aug 1997£86,000First Sale

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

LECHMERE APPROACH, IG8 8QE Near By properties

Interactive Map

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

  • Flat
    • The average price is around £186,610 median price is £168,000 Standard Deviation is £102,294 with Total Sold: 645
    • The Last 5 Year average price is £303,936 with Total Sold: 111
    • 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 FLAT 6, MAYSTOCKS COURT, 59 CHIGWELL ROAD: £74,995 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £280,130 median price is £249,995 Standard Deviation is £168,986 with Total Sold: 707
    • The Last 5 Year average price is £529,919 with Total Sold: 108
    • 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)
  • Semi-Detached
    • The average price is around £313,457 median price is £285,500 Standard Deviation is £163,325 with Total Sold: 542
    • The Last 5 Year average price is £540,829 with Total Sold: 93
    • The most recent sale happened at this postcode is , 120 RODING LANE NORTH: £600,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 29 HILLINGTON GARDENS: £153,500 (Sold on 23 Feb 1995)
  • Other
    • The average price is around £2,054,328 median price is £630,000 Standard Deviation is £4,502,186 with Total Sold: 58
    • The Last 5 Year average price is £2,831,683 with Total Sold: 29
    • 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 , 15 RAVEN ROAD: £1,416,000 (Sold on 27 Nov 2013)
  • Detached
    • The average price is around £348,167 median price is £305,000 Standard Deviation is £163,575 with Total Sold: 51
    • The Last 5 Year average price is £587,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 136 RODING LANE NORTH: £475,000 (Sold on 26 Sep 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£248,909 £4,190 11
2023£271,539 £4,686 14
2022£319,925 £5,335 20
2021£330,036 £6,244 39
2020£280,100 £5,137 10
2019£301,559 £4,723 17
2018£295,227 £4,515 11
2017£291,902 £4,541 18
2016£293,309 £5,567 23
2015£239,273 £4,206 25
2014£226,041 £3,649 79
2013£198,691 £3,186 15
2012£189,062 £3,078 16
2011£179,661 £3,231 7
2010£183,636 £3,041 18
2009£161,758 £2,920 13
2008£197,269 £3,699 13
2007£199,250 £3,266 22
2006£164,869 £2,787 23
2005£161,999 £2,834 16
2004£148,103 £2,906 17
2003£145,866 £2,434 24
2002£123,613 £1,972 25
2001£105,922 £1,735 28
2000£87,816 £1,596 23
1999£75,805 £1,215 18
1998£69,873 £1,181 28
1997£53,517 £1,005 23
1996£50,984 £894 16
1995£62,860 £861 33
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£604,306 £6,606 8
2023£528,197 £5,939 17
2022£552,191 £6,041 22
2021£545,262 £5,751 26
2020£490,250 £5,335 18
2019£486,353 £5,053 17
2018£508,062 £5,656 8
2017£510,633 £5,510 15
2016£501,788 £5,143 20
2015£429,225 £4,410 20
2014£393,476 £4,186 21
2013£294,016 £3,384 16
2012£333,633 £3,359 15
2011£281,568 £3,160 22
2010£318,305 £3,106 18
2009£258,074 £3,015 16
2008£284,960 £3,368 26
2007£311,786 £3,086 26
2006£260,869 £2,688 35
2005£248,052 £2,764 25
2004£233,207 £2,522 41
2003£224,783 £2,652 35
2002£192,298 £2,006 30
2001£159,853 £1,699 29
2000£136,435 £1,465 31
1999£110,650 £1,195 31
1998£95,722 £1,174 30
1997£82,831 £924 21
1996£82,069 £844 36
1995£79,541 £756 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£390,0002
2023£529,933 £5,655 15
2022£575,206 £5,717 17
2021£580,904 £5,280 25
2020£506,423 £4,981 13
2019£508,738 £5,084 21
2018£499,812 £5,670 8
2017£490,600 £5,110 15
2016£458,958 £4,882 13
2015£456,095 £4,817 21
2014£395,646 £4,109 24
2013£363,000 £3,493 17
2012£310,055 £3,387 18
2011£292,417 £3,255 12
2010£291,076 £3,232 19
2009£317,993 £2,831 7
2008£384,999 £2,940 5
2007£348,559 £3,206 16
2006£286,404 £3,075 28
2005£270,263 £2,370 19
2004£271,790 £2,425 25
2003£265,497 £2,360 27
2002£218,689 £2,021 29
2001£196,521 £1,781 23
2000£153,445 £1,263 20
1999£135,403 £1,261 34
1998£108,219 £1,047 16
1997£105,112 £1,040 16
1996£97,450 £869 25
1995£98,167 £679 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£658,0001
2023£6,898,317 £5,978 9
2022£3,665,9782
2021£1,111,6673
2020£206,0002
2019£691,41712
2018£1,022,61513
2017£5,628,333 £1,303 3
2016£492,964 £1,946 4
2015£345,0576
2014£697,5002
2013£1,416,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£630,000 £5,730 2
2020£605,000 £3,968 2
2019£465,000 £5,471 1
2018£486,500 £5,304 2
2017£461,000 £5,217 3
2016£600,000 £4,444 1
2015£508,333 £4,502 3
2014£445,000 £3,860 2
2012£385,000 £3,702 1
2010£477,500 £4,691 1
2007£452,500 £4,554 2
2006£270,000 £2,266 3
2005£650,0001
2004£364,167 £3,177 3
2002£311,600 £2,634 5
2001£254,857 £2,074 7
1999£175,500 £1,696 2
1998£177,250 £1,286 2
1997£149,200 £1,480 5
1996£112,0002
1995£113,0001

House Type in IG8 8QE area

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

Total132
Semi-detached59
Flat45
Terraced15
Shared house7
Detached6
converted building0
commercial building0
temporary structure0

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 loan56
Owned: Owns outright36
Private rented: Private landlord or letting agency21
Shared ownership: Shared ownership9
Social rented: Rents from council or Local Authority3
Social rented: Other social rented3
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

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

4 people in household37
1 person in household26
3 people in household26
2 people in household25
5 people in household9
6 people in household6
7 people in household1
0 people in household0
8 or more people in household0