Housing Market Analysis for SUMMIT DRIVE, IG8 8QP

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £366,948 median price is £362,500 Standard Deviation is £155,775 with Total Sold: 30
- The Last 5 Year average price is £576,667 with Total Sold: 3
- The most recent sale happened at this postcode is 36 SUMMIT DRIVE: £625,000 (Sold on 19 Aug 2022)
- The first recorded sale happened at this postcode is 44 SUMMIT DRIVE: £645,000 (Sold on 18 Dec 2023)
Terraced
- The average price is around £288,300 median price is £232,500 Standard Deviation is £98,349 with Total Sold: 5
- The most recent sale happened at this postcode is 56 SUMMIT DRIVE: £365,000 (Sold on 21 Jul 2014)
- The first recorded sale happened at this postcode is 48 SUMMIT DRIVE: £175,000 (Sold on 29 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8QP 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£625,000	£6,793	1
2020	£460,000	£4,792	1
2017	£606,750	£4,605	2
2015	£532,500	£4,591	1
2014	£432,500	£3,779	3
2013	£466,000	£3,611	2
2011	£420,000	£2,896	1
2010	£363,000	£3,129	1
2007	£445,475	£3,237	2
2006	£309,000	£2,782	2
2005	£335,000		1
2004	£380,000	£2,734	1
2003	£300,332	£2,190	3
2002	£325,000		1
2001	£190,500		2
2000	£179,995		1
1999	£144,000		2
1996	£106,000		1
1995	£115,000		1
2023	£645,000	£4,743	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£365,000	£3,967	1
2009	£229,000	£2,542	1
2006	£440,000		1
2003	£232,500	£1,710	1
2000	£175,000		1

All the Sales in the SUMMIT DRIVE, IG8 8QP

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

Address	Sold Date	Price	% Change
36 SUMMIT DRIVESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-1949	19 Aug 2022	£625,000	59.24%
	04 Jul 2014	£392,500	33.05%
	14 Nov 2006	£295,000	First Sale
30 SUMMIT DRIVESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	17 Dec 2020	£460,000	First Sale
44 SUMMIT DRIVESemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1930-1949	17 Oct 2017	£590,000	45.68%
	02 Aug 2007	£405,000	74.19%
	11 Apr 2003	£232,500	-63.95%
	18 Dec 2023	£645,000	First Sale
24 SUMMIT DRIVESemi-Detached, FreeholdArea: 128 Sq.mtrAge: 1930-1949	11 Sep 2017	£623,500	93.03%
	21 Nov 2006	£323,000	First Sale
4 SUMMIT DRIVESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-1949	23 Jan 2015	£532,500	47.10%
	05 Apr 2013	£362,000	-0.28%
	28 Oct 2010	£363,000	First Sale
12 SUMMIT DRIVESemi-Detached, Freehold	01 Aug 2014	£499,999	334.78%
12 SUMMIT DRIVESemi-Detached, Freehold	25 May 1995	£115,000	First Sale
56 SUMMIT DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 1930-1949	21 Jul 2014	£365,000	First Sale
50 SUMMIT DRIVESemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1930-1949	07 May 2014	£405,000	First Sale
8 SUMMIT DRIVESemi-Detached, FreeholdArea: 139 Sq.mtrAge: 1930-1949	15 Nov 2013	£570,000	17.30%
	07 Nov 2007	£485,950	27.88%
	15 Jul 2004	£380,000	First Sale
2 SUMMIT DRIVESemi-Detached, FreeholdArea: 145.05 Sq.mtrAge: 1930-1949	15 Aug 2011	£420,000	40.00%
	30 Sep 2003	£299,995	First Sale
14 SUMMIT DRIVETerraced, FreeholdArea: 90.1 Sq.mtrAge: 1930-1949	16 Mar 2009	£229,000	First Sale
48 SUMMIT DRIVETerraced, Freehold	14 Aug 2006	£440,000	151.43%
48 SUMMIT DRIVETerraced, Freehold	29 Nov 2000	£175,000	First Sale
32 SUMMIT DRIVESemi-Detached, Freehold	11 Apr 2005	£335,000	216.04%
32 SUMMIT DRIVESemi-Detached, Freehold	07 Jun 1996	£106,000	First Sale
34 SUMMIT DRIVESemi-Detached, Freehold	27 Nov 2003	£321,000	First Sale
16 SUMMIT DRIVESemi-Detached, Freehold	07 Nov 2003	£280,000	45.08%
16 SUMMIT DRIVESemi-Detached, Freehold	10 Aug 2001	£193,000	First Sale
10 SUMMIT DRIVESemi-Detached, Freehold	29 Nov 2002	£325,000	First Sale
6 SUMMIT DRIVESemi-Detached, Freehold	12 Jan 2001	£188,000	17.50%
6 SUMMIT DRIVESemi-Detached, Freehold	09 Dec 1999	£160,000	First Sale
52 SUMMIT DRIVESemi-Detached, Freehold	28 Jan 2000	£179,995	First Sale
22 SUMMIT DRIVESemi-Detached, Freehold	19 Feb 1999	£128,000	First Sale

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

SUMMIT DRIVE, IG8 8QP Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £325,773 median price is £300,000 Standard Deviation is £167,892 with Total Sold: 613
- The Last 5 Year average price is £550,028 with Total Sold: 109
- 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 , 48 MARSTON ROAD: £90,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £164,971 median price is £150,000 Standard Deviation is £92,279 with Total Sold: 310
- The Last 5 Year average price is £258,406 with Total Sold: 48
- 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 23, AVENUE COURT CLAYBURY BROADWAY: £25,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £301,995 median price is £278,998 Standard Deviation is £169,164 with Total Sold: 450
- The Last 5 Year average price is £538,473 with Total Sold: 78
- 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 , 13 STRADBROKE GROVE: £111,000 (Sold on 24 Mar 1995)
Other
- The average price is around £2,086,894 median price is £537,000 Standard Deviation is £5,090,661 with Total Sold: 44
- The Last 5 Year average price is £3,062,292 with Total Sold: 24
- 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 , 7A CLAYBURY BROADWAY: £235,000 (Sold on 20 Dec 2013)
Detached
- The average price is around £352,735 median price is £320,750 Standard Deviation is £159,279 with Total Sold: 100
- The Last 5 Year average price is £594,038 with Total Sold: 13
- The most recent sale happened at this postcode is , 3 EWELLHURST ROAD: £515,000 (Sold on 18 Mar 2024)
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£487,400		5
2023	£549,567	£5,433	15
2022	£583,400	£5,780	20
2021	£574,384	£5,347	25
2020	£517,028	£4,842	18
2019	£536,096	£4,923	26
2018	£535,556	£5,540	9
2017	£524,776	£4,859	17
2016	£516,595	£5,359	10
2015	£467,136	£4,802	22
2014	£405,250	£3,992	22
2013	£372,650	£3,485	20
2012	£319,105	£3,262	19
2011	£335,375	£3,358	16
2010	£302,193	£3,252	23
2009	£331,833	£2,813	9
2008	£419,667	£2,708	9
2007	£354,450	£2,927	21
2006	£290,827	£2,971	33
2005	£286,312	£2,477	24
2004	£292,350	£2,395	25
2003	£272,658	£2,328	28
2002	£224,449	£2,017	39
2001	£197,875	£1,644	24
2000	£161,294	£1,263	17
1999	£139,586	£1,317	37
1998	£123,056	£1,092	17
1997	£110,930	£974	18
1996	£106,587	£907	27
1995	£101,069	£745	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£184,750	£3,785	8
2023	£223,250	£3,957	10
2022	£333,750	£4,935	8
2021	£280,500	£4,492	8
2020	£218,333	£3,965	3
2019	£284,000	£4,464	11
2018	£250,900	£4,334	5
2017	£217,288	£3,759	8
2016	£246,182	£5,481	11
2015	£216,244	£4,038	18
2014	£205,045	£3,278	19
2013	£182,500	£2,930	5
2012	£158,250	£2,888	8
2011	£161,625	£3,106	4
2010	£152,288	£2,966	12
2009	£179,175	£3,181	10
2008	£189,286	£3,618	7
2007	£191,714	£3,106	14
2006	£197,400	£2,931	10
2005	£162,708	£2,815	12
2004	£179,937	£2,853	8
2003	£144,174	£2,400	16
2002	£124,089	£1,989	9
2001	£91,605	£1,540	19
2000	£83,877	£1,405	14
1999	£73,556	£1,285	8
1998	£65,604	£1,048	14
1997	£57,068	£1,202	11
1996	£49,550	£924	10
1995	£46,075	£706	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£537,500		3
2023	£455,714	£5,654	7
2022	£557,246	£5,316	13
2021	£571,637	£5,291	27
2020	£523,636	£5,130	11
2019	£515,294	£5,074	17
2018	£476,500	£4,332	5
2017	£489,667	£5,178	9
2016	£455,577	£4,415	13
2015	£385,208	£4,268	12
2014	£411,591	£3,564	11
2013	£298,361	£3,268	9
2012	£354,844	£3,463	9
2011	£290,681	£3,120	11
2010	£318,964	£3,178	14
2009	£259,954	£2,816	11
2008	£295,173	£3,550	20
2007	£318,109	£2,946	27
2006	£297,122	£2,788	22
2005	£271,656	£2,958	16
2004	£288,749	£2,839	16
2003	£255,521	£2,589	23
2002	£231,809	£2,187	21
2001	£174,821	£1,798	14
2000	£151,499	£1,618	13
1999	£134,912	£1,196	20
1998	£121,398	£1,199	16
1997	£111,833	£896	18
1996	£88,071	£842	21
1995	£93,940	£847	21

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£658,000		1
2023	£8,726,429	£5,978	7
2022	£850,000		1
2021	£1,036,667	£8,919	3
2020	£395,000		1
2019	£672,455		11
2018	£446,857		7
2017	£4,212,666	£1,303	3
2016	£149,922	£1,946	2
2015	£241,500	£4,225	5
2014	£410,000		2
2013	£235,000	£3,264	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£515,000		1
2023	£667,500	£5,318	4
2022	£626,667	£5,884	3
2021	£502,500	£4,741	1
2020	£605,000	£3,968	2
2019	£472,500	£5,210	2
2018	£489,333	£5,796	3
2017	£502,000	£4,854	4
2016	£585,000	£5,222	2
2015	£496,000	£4,242	5
2014	£386,249	£3,835	4
2012	£385,000	£3,702	1
2011	£248,750	£4,289	1
2010	£413,167	£3,686	3
2009	£353,333	£2,615	3
2007	£394,000	£4,554	5
2006	£350,625	£2,266	8
2005	£282,499		4
2004	£364,167	£3,177	3
2003	£285,900		5
2002	£315,375	£2,634	8
2001	£242,719	£2,074	8
2000	£235,000	£1,528	1
1999	£173,999	£1,770	4
1998	£158,625	£1,256	4
1997	£145,786	£1,466	7
1996	£112,000		2
1995	£122,500	£1,056	2

House Type in IG8 8QP area

The most common house types in the IG8 8QP postcode area are Semi-detached (110), Detached (2), and Terraced (2).

Total	114
Semi-detached	110
Detached	2
Terraced	2
Flat	0
Shared house	0
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 (49).

Owned: Owns with a mortgage or loan	56
Owned: Owns outright	49
Private rented: Private landlord or letting agency	5
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the IG8 8QP have 2 people in household (32), and 4 people in household (28).

2 people in household	32
4 people in household	28
3 people in household	22
1 person in household	18
5 people in household	8
6 people in household	7
0 people in household	0
7 people in household	0
8 or more people in household	0