Housing Market Analysis for LECHMERE AVENUE, IG8 8QG

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

Overview of Sold House prices

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

Flat
- The average price is around £142,892 median price is £103,500 Standard Deviation is £122,958 with Total Sold: 16
- The Last 5 Year average price is £385,000 with Total Sold: 2
- The most recent sale happened at this postcode is 92 LECHMERE AVENUE: £390,000 (Sold on 31 May 2023)
- The first recorded sale happened at this postcode is 78 LECHMERE AVENUE: £23,000 (Sold on 27 Nov 1996)
Terraced
- The average price is around £239,624 median price is £220,000 Standard Deviation is £144,375 with Total Sold: 20
- The Last 5 Year average price is £497,000 with Total Sold: 3
- The most recent sale happened at this postcode is 98 LECHMERE AVENUE: £545,000 (Sold on 29 Jun 2021)
- The first recorded sale happened at this postcode is 98 LECHMERE AVENUE: £75,000 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £216,000 median price is £216,000 Standard Deviation is £146,500 with Total Sold: 2
- The Last 5 Year average price is £362,500 with Total Sold: 1
- The most recent sale happened at this postcode is 86 LECHMERE AVENUE: £362,500 (Sold on 04 Oct 2019)
- The first recorded sale happened at this postcode is 81 LECHMERE AVENUE: £69,500 (Sold on 06 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8QG 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£390,000	£5,069	1
2022	£380,000	£5,550	1
2016	£323,500	£4,205	1
2015	£260,000	£3,514	1
2005	£191,000	£3,411	1
2001	£88,833	£1,171	3
2000	£84,925	£1,526	3
1998	£67,000	£905	1
1997	£60,250	£926	2
1996	£16,500	£210	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£510,500	£6,147	2
2020	£470,000	£6,184	1
2017	£425,000	£5,060	1
2016	£395,000	£4,759	1
2013	£250,000	£2,941	1
2011	£285,000	£3,209	1
2008	£220,000	£2,651	1
2006	£240,000		1
2005	£233,500	£2,798	2
2002	£178,500	£2,151	1
2000	£111,332	£1,354	3
1999	£107,999	£1,321	4
1995	£75,000	£714	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£362,500	£6,473	1
1996	£69,500		1

All the Sales in the LECHMERE AVENUE, IG8 8QG

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

Address	Sold Date	Price	% Change
92 LECHMERE AVENUEFlat, LeaseholdArea: 76.94 Sq.mtrAge: 1930-1949	31 May 2023	£390,000	20.56%
	03 Nov 2016	£323,500	190.13%
	06 Jul 2001	£111,500	First Sale
74 LECHMERE AVENUEFlat, LeaseholdArea: 68.47 Sq.mtrAge: 1900-1929	25 May 2022	£380,000	230.43%
	05 Jul 2001	£115,000	57.53%
	25 Apr 2000	£73,000	First Sale
98 LECHMERE AVENUETerraced, FreeholdArea: 105 Sq.mtrAge: 1967-1975	29 Jun 2021	£545,000	626.67%
	28 Apr 1995	£75,000	First Sale
106 LECHMERE AVENUETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-1975	29 Jan 2021	£476,000	First Sale
85 LECHMERE AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	21 Oct 2020	£470,000	90.28%
	09 Jun 2005	£247,000	160.00%
	17 Dec 1999	£95,000	First Sale
86 LECHMERE AVENUESemi-Detached, LeaseholdArea: 56 Sq.mtrAge: 1900-1929	04 Oct 2019	£362,500	89.79%
	09 Jun 2005	£191,000	203.17%
	06 Aug 1997	£63,000	First Sale
83 LECHMERE AVENUETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	20 Mar 2017	£425,000	138.10%
	08 Nov 2002	£178,500	52.56%
	15 Sep 1999	£117,000	First Sale
91 LECHMERE AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-1975	08 Jul 2016	£395,000	79.55%
	20 Jun 2008	£220,000	First Sale
94 LECHMERE AVENUEFlat, LeaseholdArea: 74 Sq.mtrAge: 1930-1949	20 Feb 2015	£260,000	288.06%
	02 Mar 1998	£67,000	First Sale
89 LECHMERE AVENUETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	17 Jun 2013	£250,000	125.23%
	06 Jan 2000	£111,000	First Sale
102 LECHMERE AVENUETerraced, FreeholdArea: 88.8 Sq.mtrAge: 1967-1975	12 Dec 2011	£285,000	90.01%
	04 Aug 2000	£149,995	First Sale
100 LECHMERE AVENUETerraced, Freehold	07 Mar 2006	£240,000	92.01%
100 LECHMERE AVENUETerraced, Freehold	09 Dec 1999	£124,995	First Sale
104 LECHMERE AVENUETerraced, FreeholdArea: 93.79 Sq.mtrAge: 1950-1966	21 Jul 2005	£220,000	First Sale
78 LECHMERE AVENUEFlat, LeaseholdArea: 78.37 Sq.mtrAge: 1900-1929	14 May 2001	£40,000	73.91%
	27 Nov 1996	£23,000	First Sale
90 LECHMERE AVENUEFlat, Leasehold	30 Jun 2000	£47,774	First Sale
84 LECHMERE AVENUEFlat, LeaseholdArea: 67.81 Sq.mtrAge: 1900-1929	14 Jan 2000	£103,500	0.0
	14 Jan 2000	£103,500	First Sale
87 LECHMERE AVENUETerraced, Freehold	20 Jul 1999	£95,000	First Sale
79 LECHMERE AVENUEFlat, LeaseholdArea: 79 Sq.mtrAge: 1900-1929	24 Jan 1997	£57,500	475.00%
	06 Dec 1996	£10,000	First Sale
81 LECHMERE AVENUESemi-Detached, Freehold	06 Jun 1996	£69,500	First Sale

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

LECHMERE AVENUE, IG8 8QG Near By properties

Interactive Map

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

Flat
- The average price is around £165,338 median price is £147,750 Standard Deviation is £95,526 with Total Sold: 608
- The Last 5 Year average price is £284,131 with Total Sold: 107
- 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 £273,558 median price is £247,000 Standard Deviation is £156,511 with Total Sold: 657
- The Last 5 Year average price is £500,945 with Total Sold: 99
- 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 £311,487 median price is £285,000 Standard Deviation is £161,778 with Total Sold: 576
- The Last 5 Year average price is £540,976 with Total Sold: 98
- 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 , 55 CHALGROVE CRESCENT: £113,500 (Sold on 17 Feb 1995)
Other
- The average price is around £1,592,388 median price is £650,000 Standard Deviation is £3,293,798 with Total Sold: 67
- The Last 5 Year average price is £2,021,261 with Total Sold: 30
- 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 £363,859 median price is £362,500 Standard Deviation is £174,642 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£184,750	£3,785	8
2023	£231,885	£4,333	13
2022	£303,342	£5,439	19
2021	£315,882	£6,384	38
2020	£280,542	£4,856	13
2019	£280,969	£4,905	16
2018	£260,700	£4,785	10
2017	£252,565	£4,801	20
2016	£265,125	£5,617	20
2015	£222,460	£4,245	27
2014	£185,347	£3,322	35
2013	£176,246	£3,124	13
2012	£162,367	£2,911	15
2011	£154,312	£3,235	8
2010	£158,813	£3,115	19
2009	£156,489	£3,015	14
2008	£178,667	£3,469	18
2007	£175,174	£3,193	23
2006	£150,278	£2,925	27
2005	£153,363	£2,842	22
2004	£134,217	£2,719	23
2003	£134,467	£2,446	25
2002	£117,294	£2,001	19
2001	£89,129	£1,583	27
2000	£76,568	£1,474	26
1999	£65,305	£1,225	18
1998	£61,072	£1,067	27
1997	£49,274	£1,007	25
1996	£43,276	£833	25
1995	£40,700	£674	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£523,625		4
2023	£490,941	£5,800	11
2022	£516,486	£6,006	21
2021	£532,062	£5,534	24
2020	£470,944	£5,066	18
2019	£476,476	£4,993	21
2018	£476,900	£5,290	5
2017	£485,300	£5,313	15
2016	£442,800	£4,616	20
2015	£413,785	£4,288	21
2014	£377,905	£3,835	21
2013	£283,074	£3,387	17
2012	£335,679	£3,383	14
2011	£269,687	£3,153	16
2010	£313,000	£3,070	21
2009	£240,099	£2,967	12
2008	£277,098	£3,441	25
2007	£301,104	£3,108	33
2006	£253,976	£2,695	34
2005	£235,391	£2,612	23
2004	£234,666	£2,458	30
2003	£210,654	£2,583	35
2002	£196,996	£2,019	32
2001	£155,636	£1,689	31
2000	£129,937	£1,454	24
1999	£113,150	£1,185	28
1998	£103,804	£1,108	26
1997	£84,066	£915	12
1996	£83,971	£878	35
1995	£82,853	£760	28

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£390,000		2
2023	£523,433	£5,641	15
2022	£582,289	£5,797	19
2021	£577,704	£5,277	25
2020	£504,300	£5,015	15
2019	£514,250	£5,089	22
2018	£505,500	£5,693	7
2017	£490,600	£5,110	15
2016	£458,958	£4,882	13
2015	£451,435	£4,766	23
2014	£391,326	£4,034	23
2013	£351,800	£3,432	20
2012	£313,368	£3,358	19
2011	£292,417	£3,255	12
2010	£291,076	£3,232	19
2009	£317,993	£2,831	7
2008	£359,999	£2,880	6
2007	£347,468	£3,143	17
2006	£284,040	£3,019	32
2005	£271,682	£2,370	22
2004	£275,095	£2,425	29
2003	£266,516	£2,318	27
2002	£220,906	£2,163	32
2001	£197,354	£1,781	24
2000	£156,780	£1,249	21
1999	£136,315	£1,262	34
1998	£112,791	£1,039	17
1997	£104,400	£1,018	17
1996	£98,972	£923	27
1995	£99,600	£728	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£658,000		1
2023	£5,556,550	£5,978	7
2022	£1,809,393	£5,385	5
2021	£1,111,667		3
2020	£202,500		2
2019	£691,417		12
2018	£1,079,500		12
2017	£2,187,083	£20,645	12
2016	£492,964	£1,946	4
2015	£345,057		6
2014	£697,500		2
2013	£1,416,000		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	£650,000		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	£171,998	£1,770	3
1998	£168,167	£1,286	3
1997	£147,571	£1,480	7
1996	£98,333	£717	3
1995	£122,500	£1,056	2

House Type in IG8 8QG area

The most common house types in the IG8 8QG 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 8QG 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