Housing Market Analysis for RICHMOND DRIVE, IG8 8RQ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £399,037 median price is £379,975 Standard Deviation is £137,570 with Total Sold: 26
    • The Last 5 Year average price is £585,833 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 5, CADOGAN HOUSE RICHMOND DRIVE: £522,500 (Sold on 04 Jan 2023)
    • The first recorded sale happened at this postcode is FLAT 1, CADOGAN HOUSE RICHMOND DRIVE: £374,950 (Sold on 26 Apr 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 8RQ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£522,500 £5,806 1
2022£675,000 £5,769 1
2020£560,000 £5,714 1
2016£380,000 £4,675 1
2013£575,000 £3,969 2
2010£510,000 £3,881 2
2007£365,000 £3,014 2
2006£352,500 £3,749 2
2005£414,975 £2,914 2
2004£398,0001
2002£309,500 £2,657 11

All the Sales in the RICHMOND DRIVE, IG8 8RQ

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

AddressSold DatePrice% Change
FLAT 5, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 90 Sq.mtrAge: 2003-200604 Jan 2023£522,50037.50%
26 Mar 2010£380,00013.43%
15 Sep 2006£335,00034.03%
31 May 2002£249,950First Sale
FLAT 2, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 117 Sq.mtrAge: 1996-200207 Jan 2022£675,000170.05%
31 May 2002£249,950First Sale
FLAT 7, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 98 Sq.mtrAge: before 190028 Aug 2020£560,000100.04%
31 Jul 2002£279,950First Sale
FLAT 9, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 81.28 Sq.mtrAge: 1900-192912 Feb 2016£380,00055.10%
23 Mar 2007£245,00040.04%
09 Sep 2002£174,950First Sale
FLAT 1, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 157.82 Sq.mtrAge: 1991-199517 Dec 2013£600,00060.02%
26 Apr 2002£374,950First Sale
FLAT 6, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 133 Sq.mtrAge: 1996-200219 Aug 2013£550,00044.76%
26 Jun 2002£379,950First Sale
FLAT 4, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 180.78 Sq.mtrAge: 1900-192930 Jul 2010£640,00013.27%
04 Nov 2005£565,00013.01%
24 May 2002£499,950First Sale
FLAT 11, CADOGAN HOUSE RICHMOND DRIVEFlat, Leasehold05 Nov 2007£485,00021.86%
31 Mar 2004£398,0003.39%
28 Jun 2002£384,950First Sale
FLAT 8, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 98 Sq.mtrAge: 1900-192908 Mar 2006£370,00039.65%
31 Jul 2005£264,950First Sale
FLAT 3, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 88.4 Sq.mtrAge: 1996-200205 Aug 2002£295,00018.02%
27 May 2002£249,950First Sale
FLAT 10, CADOGAN HOUSE RICHMOND DRIVEFlat, LeaseholdArea: 106.43 Sq.mtrAge: 1996-200227 Jun 2002£264,950First Sale

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

RICHMOND DRIVE, IG8 8RQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £329,660 median price is £292,500 Standard Deviation is £172,581 with Total Sold: 311
    • The Last 5 Year average price is £552,676 with Total Sold: 44
    • The most recent sale happened at this postcode is , 5 CARDINAL DRIVE: £620,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 79 RAVENSBOURNE GARDENS: £70,000 (Sold on 26 Jun 1995)
  • Terraced
    • The average price is around £439,470 median price is £429,950 Standard Deviation is £252,360 with Total Sold: 416
    • The Last 5 Year average price is £741,786 with Total Sold: 37
    • The most recent sale happened at this postcode is , 5 ROSEBURY SQUARE: £1,050,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 NONSUCH CLOSE: £63,000 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £390,073 median price is £360,000 Standard Deviation is £186,118 with Total Sold: 696
    • The Last 5 Year average price is £569,089 with Total Sold: 56
    • The most recent sale happened at this postcode is FLAT 7, BARTHOLOMEW HOUSE RICHMOND DRIVE: £575,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 131A RAVENSBOURNE GARDENS: £50,500 (Sold on 18 Dec 1995)
  • Detached
    • The average price is around £805,838 median price is £691,250 Standard Deviation is £522,063 with Total Sold: 444
    • The Last 5 Year average price is £1,567,992 with Total Sold: 39
    • The most recent sale happened at this postcode is , 2 AUDLEIGH PLACE: £1,300,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 34 STRADBROKE DRIVE: £280,000 (Sold on 24 Jan 1995)
  • Other
    • The average price is around £328,000 median price is £49,500 Standard Deviation is £424,700 with Total Sold: 6
    • The Last 5 Year average price is £300,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , LANDMARK TOWER THE BOULEVARD: £1,000 (Sold on 07 Aug 2023)
    • The first recorded sale happened at this postcode is , 1A PENHURST ROAD: £50,000 (Sold on 26 Jun 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£620,0001
2023£551,667 £5,951 3
2022£651,500 £5,799 13
2021£503,167 £5,635 15
2020£502,146 £5,396 12
2019£489,714 £5,672 7
2018£493,700 £4,840 5
2017£479,500 £4,190 8
2016£411,000 £4,365 6
2015£410,500 £4,050 12
2014£364,083 £3,719 18
2013£338,150 £3,406 10
2012£319,454 £3,195 11
2011£314,136 £3,436 11
2010£347,499 £3,308 8
2009£316,000 £3,087 7
2008£289,250 £3,622 10
2007£307,411 £3,095 17
2006£309,933 £2,898 15
2005£233,583 £2,762 6
2004£328,482 £3,414 17
2003£316,447 £2,722 19
2002£255,608 £2,439 24
2001£192,161 £1,554 9
2000£182,996 £1,621 12
1999£106,827 £1,077 13
1998£113,374 £1,000 8
1997£84,250 £633 2
1996£76,388 £736 9
1995£69,333 £758 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,020,0002
2023£820,750 £5,570 6
2022£906,500 £6,135 10
2021£586,650 £5,133 14
2020£640,700 £4,506 5
2019£491,500 £5,159 12
2018£641,357 £5,312 14
2017£618,500 £4,810 10
2016£525,814 £4,874 10
2015£539,923 £3,961 13
2014£530,545 £4,504 11
2013£541,577 £3,491 13
2012£352,250 £2,576 10
2011£421,699 £3,231 5
2010£606,642 £3,496 14
2009£426,455 £3,180 11
2008£322,460 £3,599 6
2007£385,765 £3,286 17
2006£447,500 £2,885 18
2005£484,400 £3,321 15
2004£344,071 £2,814 19
2003£404,713 £2,814 36
2002£359,359 £2,701 50
2001£411,632 £2,176 41
2000£329,318 £2,017 25
1999£89,222 £941 9
1998£121,000 £1,052 2
1997£88,800 £971 5
1996£67,900 £818 6
1995£63,964 £682 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£461,000 £5,774 5
2023£437,083 £4,547 6
2022£587,385 £5,480 13
2021£618,659 £5,419 22
2020£569,500 £5,193 10
2019£569,857 £4,790 7
2018£614,000 £6,002 10
2017£597,555 £5,027 18
2016£502,318 £4,872 22
2015£486,881 £4,731 21
2014£483,687 £4,306 24
2013£509,150 £4,309 10
2012£402,705 £4,347 17
2011£447,486 £4,179 19
2010£483,454 £3,883 26
2009£346,000 £3,199 11
2008£387,974 £3,024 19
2007£388,218 £3,684 44
2006£349,986 £3,450 40
2005£369,480 £3,277 27
2004£440,901 £3,576 57
2003£384,196 £3,153 41
2002£315,838 £2,824 87
2001£261,543 £2,534 88
2000£220,274 £2,268 38
1999£72,622 £1,145 4
1997£58,634 £875 7
1996£55,000 £828 2
1995£50,500 £743 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,575,000 £6,892 5
2023£1,851,111 £5,487 9
2022£1,580,900 £6,172 10
2021£1,535,500 £7,103 10
2020£1,090,540 £5,532 5
2019£1,142,778 £4,831 9
2018£1,181,500 £7,282 7
2017£1,163,333 £5,628 12
2016£1,089,666 £6,361 15
2015£819,462 £4,473 13
2014£1,053,176 £4,548 17
2013£788,200 £3,532 5
2012£792,350 £3,868 10
2011£719,583 £4,004 6
2010£638,961 £3,772 13
2009£693,278 £3,656 9
2008£1,167,115 £4,583 13
2007£1,042,789 £3,304 19
2006£882,322 £3,133 20
2005£797,067 £3,288 18
2004£754,928 £3,004 23
2003£700,361 £3,162 37
2002£519,547 £2,496 50
2001£598,082 £2,167 25
2000£613,608 £2,368 30
1999£453,346 £2,127 13
1998£373,500 £2,136 10
1997£194,143 £1,122 7
1996£364,727 £1,068 11
1995£300,154 £1,447 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£425,500 £3,991 2
2022£49,0001
2019£18,0001
2018£1,000,000 £4,144 1
2015£50,000 £610 1

House Type in IG8 8RQ area

The most common house types in the IG8 8RQ postcode area are Terraced (39), Flat (35), and converted building (31).

Total117
Terraced39
Flat35
converted building31
Semi-detached8
Shared house2
Detached1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (45), and Private rented: Private landlord or letting agency (39).

Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency39
Owned: Owns outright32
Private rented: Other private rented3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the IG8 8RQ have 3 people in household (39), and 2 people in household (31).

3 people in household39
2 people in household31
1 person in household26
4 people in household17
5 people in household4
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0