Housing Market Analysis for SOMERSET CLOSE, IG8 9HZ

Are you looking to understand IG8 9HZ 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 9HZ area, explore the IG8 9HZ Area information page.
For comprehensive crime statistics in the IG8 9HZ area, explore the IG8 9HZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG8 9HZ postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £596,000 median price is £596,000 Standard Deviation is £97,000 with Total Sold: 2
    • The Last 5 Year average price is £693,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 SOMERSET CLOSE: £693,000 (Sold on 16 Dec 2021)
    • The first recorded sale happened at this postcode is 3 SOMERSET CLOSE: £499,000 (Sold on 05 May 2011)
  • Semi-Detached
    • The average price is around £390,429 median price is £383,500 Standard Deviation is £177,898 with Total Sold: 14
    • The Last 5 Year average price is £672,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 SOMERSET CLOSE: £700,000 (Sold on 18 Jun 2021)
    • The first recorded sale happened at this postcode is 11 SOMERSET CLOSE: £122,000 (Sold on 14 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average IG8 9HZ 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
2021£693,000 £5,211 1
2011£499,000 £5,775 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£700,000 £4,667 1
2019£645,000 £4,574 1
2015£590,000 £3,965 1
2013£495,0001
2011£458,500 £3,428 2
2009£367,000 £2,673 1
2008£400,0001
2005£340,0001
2004£326,5001
2002£197,500 £2,149 2
1998£168,500 £1,195 1
1996£122,000 £865 1

All the Sales in the SOMERSET CLOSE, IG8 9HZ

See the table below for more details on the sold house prices in the IG8 9HZ, Redbridge postcode.

AddressSold DatePrice% Change
9 SOMERSET CLOSETerraced, FreeholdArea: 133 Sq.mtrAge: 1976-198216 Dec 2021£693,000First Sale
2 SOMERSET CLOSESemi-Detached, FreeholdArea: 150 Sq.mtrAge: 1976-198218 Jun 2021£700,000First Sale
8 SOMERSET CLOSESemi-Detached, FreeholdArea: 141 Sq.mtrAge: 1976-198231 May 2019£645,000First Sale
11 SOMERSET CLOSESemi-Detached, FreeholdArea: 148.8 Sq.mtrAge: 1983-199022 May 2015£590,00032.58%
05 Jul 2011£445,000164.09%
22 Jun 1998£168,50038.11%
14 Jun 1996£122,000First Sale
14 SOMERSET CLOSESemi-Detached, Freehold23 Aug 2013£495,00023.75%
23 May 2008£400,00022.51%
21 Jun 2004£326,500226.50%
05 Sep 2002£100,000First Sale
6 SOMERSET CLOSESemi-Detached, FreeholdArea: 122.1 Sq.mtrAge: 1967-197513 Dec 2011£472,000First Sale
3 SOMERSET CLOSETerraced, FreeholdArea: 86.4 Sq.mtrAge: 1976-198205 May 2011£499,000First Sale
12 SOMERSET CLOSESemi-Detached, FreeholdArea: 137.28 Sq.mtrAge: 1996-200221 Aug 2009£367,00024.41%
28 Jun 2002£295,000First Sale
7 SOMERSET CLOSESemi-Detached, Freehold30 Sep 2005£340,000First Sale

Check out the sold house prices near the IG8 9HZ postcode. Properties currently for saleProperties currently for rent

SOMERSET CLOSE, IG8 9HZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG8 9HZ 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 9HZ postcode.

  • Flat
    • The average price is around £217,634 median price is £217,150 Standard Deviation is £106,975 with Total Sold: 2,170
    • The Last 5 Year average price is £343,576 with Total Sold: 237
    • The most recent sale happened at this postcode is , 39 PRIORY CLOSE: £393,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is GROUND FLOOR FLAT, 20 ST ALBANS CRESCENT: £68,500 (Sold on 26 Jan 1995)
  • Terraced
    • The average price is around £321,862 median price is £274,750 Standard Deviation is £205,610 with Total Sold: 1,300
    • The Last 5 Year average price is £658,043 with Total Sold: 157
    • The most recent sale happened at this postcode is , 210 HIGH ROAD: £840,000 (Sold on 10 Jul 2024)
    • The first recorded sale happened at this postcode is , 13 ELMHURST DRIVE: £81,500 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £371,386 median price is £325,000 Standard Deviation is £246,532 with Total Sold: 885
    • The Last 5 Year average price is £730,540 with Total Sold: 104
    • The most recent sale happened at this postcode is , 32 PARKLAND ROAD: £725,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 179 ST BARNABAS ROAD: £97,500 (Sold on 11 Jan 1995)
  • Other
    • The average price is around £435,487 median price is £236,108 Standard Deviation is £740,962 with Total Sold: 40
    • The Last 5 Year average price is £330,300 with Total Sold: 26
    • The most recent sale happened at this postcode is , 182 HIGH ROAD: £160,600 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is FLAT 2, CUMBERLAND COURT, 173 HORN LANE: £82,870 (Sold on 23 Jun 2015)
  • Detached
    • The average price is around £482,134 median price is £425,000 Standard Deviation is £279,936 with Total Sold: 105
    • The Last 5 Year average price is £806,060 with Total Sold: 21
    • The most recent sale happened at this postcode is , 5 ST RONANS CRESCENT: £1,070,000 (Sold on 09 Apr 2024)
    • The first recorded sale happened at this postcode is , 70 BEVERLEY CRESCENT: £116,000 (Sold on 11 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,434 £5,068 13
2023£342,799 £5,568 46
2022£351,810 £6,011 57
2021£367,913 £5,930 35
2020£349,295 £5,940 32
2019£323,157 £5,220 54
2018£333,153 £5,611 49
2017£342,017 £5,634 66
2016£337,202 £5,845 69
2015£307,751 £5,317 87
2014£268,225 £4,457 85
2013£224,319 £3,771 86
2012£216,197 £3,773 61
2011£231,373 £3,714 89
2010£240,521 £3,642 86
2009£218,182 £3,640 85
2008£270,173 £4,424 220
2007£252,920 £3,724 87
2006£207,639 £3,515 110
2005£179,521 £2,952 48
2004£180,333 £3,179 100
2003£152,381 £2,718 61
2002£135,483 £2,415 79
2001£108,996 £1,923 68
2000£93,299 £1,674 67
1999£79,911 £1,363 71
1998£67,540 £1,178 88
1997£62,602 £1,093 71
1996£64,984 £1,112 74
1995£51,274 £917 26
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£590,944 £5,981 9
2023£692,065 £6,590 23
2022£704,569 £5,989 36
2021£663,417 £5,980 45
2020£627,929 £5,635 21
2019£594,435 £5,536 23
2018£622,558 £5,941 31
2017£604,858 £5,696 35
2016£562,397 £5,649 38
2015£566,828 £5,010 25
2014£426,767 £4,203 32
2013£425,423 £3,982 34
2012£377,939 £3,904 27
2011£348,886 £3,619 22
2010£334,684 £3,646 38
2009£325,886 £3,060 29
2008£390,018 £4,085 24
2007£367,364 £3,461 54
2006£314,656 £2,940 90
2005£266,016 £2,669 43
2004£288,362 £2,618 52
2003£255,602 £2,636 59
2002£226,207 £2,170 70
2001£197,586 £1,747 56
2000£158,707 £1,659 59
1999£138,763 £1,229 63
1998£124,171 £1,185 53
1997£108,445 £1,052 82
1996£94,769 £1,003 73
1995£83,314 £826 54
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£718,7502
2023£714,673 £7,346 15
2022£827,481 £6,910 26
2021£742,000 £6,471 23
2020£699,762 £5,930 16
2019£638,268 £5,645 22
2018£690,263 £5,679 19
2017£915,810 £5,744 22
2016£665,625 £6,025 16
2015£585,001 £4,974 25
2014£555,338 £4,734 17
2013£451,140 £4,114 32
2012£443,318 £4,010 23
2011£436,548 £4,073 25
2010£427,533 £4,119 22
2009£398,056 £3,410 18
2008£421,170 £3,410 17
2007£433,454 £3,507 33
2006£349,449 £2,926 43
2005£332,558 £2,755 39
2004£321,812 £2,841 45
2003£323,582 £2,722 30
2002£270,109 £2,035 52
2001£219,505 £1,903 49
2000£178,068 £1,663 33
1999£172,351 £1,469 45
1998£142,147 £1,271 45
1997£119,541 £1,002 45
1996£104,829 £926 48
1995£97,737 £849 38
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,3002
2023£291,603 £1,031 5
2022£325,250 £6,599 4
2021£181,458 £4,569 6
2020£447,500 £6,466 4
2019£501,886 £6,471 5
2018£40,5004
2017£1,354,359 £392 5
2016£453,7504
2015£82,870 £2,181 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,070,0001
2023£1,038,333 £6,794 3
2022£938,333 £7,202 3
2021£773,500 £5,996 4
2020£677,650 £5,775 5
2019£689,000 £5,571 5
2018£572,724 £6,760 4
2017£805,333 £6,002 3
2016£670,000 £5,826 1
2015£702,500 £4,482 2
2014£640,000 £4,978 3
2013£645,750 £4,478 4
2012£480,000 £3,696 1
2011£517,498 £3,613 3
2010£479,625 £3,341 8
2009£477,500 £3,643 2
2007£480,125 £3,077 4
2006£421,137 £3,741 8
2005£330,000 £3,173 1
2004£580,000 £2,075 3
2003£342,500 £3,274 2
2002£375,000 £2,891 3
2001£258,571 £2,015 7
2000£272,000 £2,044 3
1999£186,665 £2,061 3
1998£207,500 £1,519 4
1997£175,400 £970 2
1996£141,332 £1,951 6
1995£171,857 £834 7

House Type in IG8 9HZ area

The most common house types in the IG8 9HZ postcode area are Semi-detached (98), Terraced (16), and Detached (10).

Total124
Semi-detached98
Terraced16
Detached10
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright62
Owned: Owns with a mortgage or loan56
Private rented: Private landlord or letting agency4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the IG8 9HZ have 2 people in household (40), and 4 people in household (29).

2 people in household40
4 people in household29
3 people in household23
1 person in household18
5 people in household12
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0