Housing Market Analysis for GRIFFITH CLOSE, RM8 1TW

Are you looking to understand RM8 1TW 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 RM8 1TW area, explore the RM8 1TW Area information page.
For comprehensive crime statistics in the RM8 1TW area, explore the RM8 1TW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RM8 1TW postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £190,087 median price is £172,000 Standard Deviation is £106,851 with Total Sold: 23
    • The Last 5 Year average price is £373,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 GRIFFITH CLOSE: £376,000 (Sold on 23 Aug 2023)
    • The first recorded sale happened at this postcode is 9 GRIFFITH CLOSE: £39,995 (Sold on 09 Sep 1996)
  • Semi-Detached
    • The average price is around £58,000 median price is £58,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 GRIFFITH CLOSE: £58,000 (Sold on 21 Apr 1995)
    • The first recorded sale happened at this postcode is 8 GRIFFITH CLOSE: £58,000 (Sold on 21 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RM8 1TW 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
2023£376,000 £6,714 1
2022£371,000 £6,397 1
2018£365,500 £5,402 2
2016£349,000 £5,453 1
2015£215,000 £4,674 1
2013£225,000 £2,812 1
2007£161,667 £3,156 3
2006£186,333 £3,008 3
2005£170,000 £2,506 2
2003£172,000 £2,188 1
2002£137,995 £2,464 1
2001£66,000 £1,737 1
1999£86,750 £1,275 2
1998£74,000 £1,072 1
1996£48,748 £948 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£58,000 £879 1

All the Sales in the GRIFFITH CLOSE, RM8 1TW

See the table below for more details on the sold house prices in the RM8 1TW, Redbridge postcode.

AddressSold DatePrice% Change
4 GRIFFITH CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1976-198223 Aug 2023£376,00020.90%
27 Mar 2018£311,00084.02%
30 Jun 2006£169,00022.47%
15 Oct 2002£137,995139.99%
06 Dec 1996£57,500First Sale
3 GRIFFITH CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1976-198210 Nov 2022£371,000First Sale
7 GRIFFITH CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1983-199021 Mar 2018£420,00086.67%
11 Mar 2013£225,00014.21%
23 Feb 2007£197,00014.53%
01 May 2003£172,000First Sale
6 GRIFFITH CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1991-199523 Sep 2016£349,00068.60%
21 Dec 2006£207,000First Sale
9 GRIFFITH CLOSETerraced, FreeholdArea: 46 Sq.mtrAge: 1996-200219 Nov 2015£215,00059.26%
22 Aug 2007£135,000237.54%
09 Sep 1996£39,995First Sale
13 GRIFFITH CLOSETerraced, FreeholdArea: 38 Sq.mtrAge: 1983-199005 Sep 2007£153,000131.82%
18 Apr 2001£66,000First Sale
10 GRIFFITH CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1983-199019 May 2006£183,000124.54%
31 Mar 1999£81,500First Sale
11 GRIFFITH CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1996-200221 Dec 2005£145,00057.61%
22 Dec 1999£92,000First Sale
1 GRIFFITH CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-197525 May 2005£195,000First Sale
5 GRIFFITH CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1983-199010 Feb 1998£74,000First Sale
8 GRIFFITH CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1976-198221 Apr 1995£58,000First Sale

Check out the sold house prices near the RM8 1TW postcode. Properties currently for saleProperties currently for rent

GRIFFITH CLOSE, RM8 1TW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RM8 1TW 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 RM8 1TW postcode.

  • Terraced
    • The average price is around £194,346 median price is £173,750 Standard Deviation is £118,553 with Total Sold: 2,448
    • The Last 5 Year average price is £395,464 with Total Sold: 243
    • The most recent sale happened at this postcode is , 19 EUSTACE ROAD: £425,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 6 MANSTED GARDENS: £69,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £198,271 median price is £179,475 Standard Deviation is £121,885 with Total Sold: 378
    • The Last 5 Year average price is £409,000 with Total Sold: 43
    • The most recent sale happened at this postcode is , 12 DAIRY MEWS: £360,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 BURNSIDE ROAD: £40,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £113,890 median price is £108,000 Standard Deviation is £62,551 with Total Sold: 1,847
    • The Last 5 Year average price is £212,953 with Total Sold: 125
    • The most recent sale happened at this postcode is , 1026 HIGH ROAD: £288,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 19 MILTON COURT: £49,950 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £950,589 median price is £320,000 Standard Deviation is £2,219,902 with Total Sold: 66
    • The Last 5 Year average price is £834,510 with Total Sold: 33
    • The most recent sale happened at this postcode is , 16 ROWALLEN PARADE: £250,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 CHADWELL HEATH LANE: £635,000 (Sold on 01 Apr 2014)
  • Detached
    • The average price is around £282,294 median price is £300,000 Standard Deviation is £136,607 with Total Sold: 17
    • The Last 5 Year average price is £435,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 18 BURNSIDE ROAD: £385,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is FLAT 4, KIERA HOUSE, 46 ESSEX ROAD: £60,000 (Sold on 18 Apr 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£422,768 £4,651 28
2023£388,986 £5,216 39
2022£429,707 £5,515 58
2021£387,211 £4,977 65
2020£358,454 £4,858 53
2019£350,098 £4,576 52
2018£359,603 £4,612 57
2017£357,285 £4,386 59
2016£337,041 £4,234 66
2015£288,830 £3,568 91
2014£253,494 £3,128 76
2013£226,905 £2,737 53
2012£210,321 £2,691 59
2011£203,659 £2,608 56
2010£202,312 £2,539 49
2009£180,931 £2,612 43
2008£216,988 £2,694 63
2007£216,385 £2,841 125
2006£193,459 £2,568 103
2005£182,129 £2,360 91
2004£173,742 £2,320 129
2003£158,447 £2,147 142
2002£129,670 £1,854 153
2001£110,964 £1,633 103
2000£91,162 £1,241 123
1999£76,581 £1,118 120
1998£69,775 £951 118
1997£63,295 £915 113
1996£58,713 £796 86
1995£57,522 £826 75
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£443,000 £3,825 5
2023£439,000 £5,674 5
2022£447,833 £5,507 9
2021£375,767 £4,480 15
2020£390,000 £4,295 9
2019£357,143 £4,510 7
2018£378,750 £4,302 6
2017£343,600 £4,195 10
2016£319,375 £3,934 8
2015£325,110 £3,506 10
2014£252,500 £2,907 6
2013£214,923 £2,689 13
2012£261,667 £2,966 3
2011£220,364 £2,628 11
2010£201,955 £2,468 11
2009£181,286 £2,170 7
2008£254,000 £2,918 12
2007£216,906 £2,610 16
2006£207,872 £2,201 20
2005£190,208 £2,519 12
2004£185,647 £2,360 17
2003£176,666 £2,060 18
2002£131,052 £1,402 18
2001£112,687 £1,436 24
2000£110,297 £1,299 21
1999£81,029 £1,097 17
1998£76,934 £1,040 13
1997£65,100 £871 15
1996£59,437 £788 24
1995£55,098 £740 16
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,222 £3,583 9
2023£196,439 £4,119 28
2022£242,120 £4,649 23
2021£214,643 £4,274 43
2020£209,886 £4,467 22
2019£211,237 £4,179 38
2018£233,840 £4,438 50
2017£211,403 £4,427 31
2016£191,402 £4,169 57
2015£175,918 £3,553 64
2014£143,270 £3,104 48
2013£127,250 £2,750 14
2012£119,843 £2,375 27
2011£124,163 £2,453 23
2010£127,171 £2,541 35
2009£129,176 £2,655 17
2008£148,833 £3,145 33
2007£143,016 £3,151 92
2006£133,337 £2,908 86
2005£130,439 £2,713 81
2004£130,258 £2,751 81
2003£112,827 £2,341 121
2002£91,812 £1,964 134
2001£71,956 £1,571 126
2000£60,776 £1,320 123
1999£51,654 £1,118 111
1998£47,657 £1,016 99
1997£44,728 £900 76
1996£40,674 £909 68
1995£47,483 £1,020 87
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£6,225,9062
2023£104,800 £3,172 7
2022£400,3007
2021£676,317 £3,639 12
2020£687,100 £3,363 5
2019£1,076,625 £37,033 8
2018£447,812 £4,769 8
2017£363,950 £4,897 10
2016£1,082,020 £2,262 5
2015£13,319,9551
2014£635,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£385,000 £4,695 1
2022£485,000 £4,949 1
2017£485,0001
2013£310,000 £3,163 1
2010£380,0002
2007£300,0001
2006£441,0001
2003£245,0001
2002£170,000 £2,286 2
2001£237,667 £4,493 3
1999£205,0001
1997£70,0001
1996£60,000 £1,224 1

House Type in RM8 1TW area

The most common house types in the RM8 1TW postcode area are Terraced (77), Semi-detached (56), and Detached (11).

Total151
Terraced77
Semi-detached56
Detached11
Flat6
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (54), and Owned: Owns with a mortgage or loan (48).

Private rented: Private landlord or letting agency54
Owned: Owns with a mortgage or loan48
Owned: Owns outright23
Social rented: Other social rented17
Private rented: Other private rented6
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RM8 1TW have 1 person in household (51), and 2 people in household (30).

1 person in household51
2 people in household30
3 people in household30
4 people in household29
5 people in household10
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0