For 2016 details - Redbridge Property Market 2016 

Story Highlights

• Redbridge had total Property Sales of £1.44 billions in 2015
• The total number of properties sold in year 2015 was 3664
• The Average property price was £393 K while Median was £345 K
• Not New Property contributed 96.78% by value and New Property 3.22%

Total Sales By Property Type

Redbridge is one of the Boroughs of East London. It had total Property Sales of £1.44 billions which was 8.81% of East London Property Market 2015.

The split across the different property types are:

• Terraced £622 millions (43.19%)
• Semi-Detached £315 millions (21.87%)
• Other £68 millions (4.69%)
• Flat/Maisonette £307 millions (21.28%)
• Detached £129 millions (8.97%).

Total No Of Properties Sold By Property Type

In Redbridge the total number of properties sold in year 2015 was 3664. The breakdown by different property types are:

• Terraced 1535 (41.89%)
• Semi-Detached 634 (17.3%)
• Other 53 (1.45%)
• Flat/Maisonette 1261 (34.42%)
• Detached 181 (4.94%).

Average & Median Sales Price

In 2015 the Average property price was £393 K in Redbridge. The average price for the different property types are:

• Detached £714 K
• Flat/Maisonette £243 K
• Other £1.28 millions
• Semi-Detached £497 K
• Terraced £406 K.

The Median Price was £345 K. The median property price for the different property types are:

• Detached £620 K
• Flat/Maisonette £230 K
• Other £485 K
• Semi-Detached £447 K
• Terraced £375 K.

New Vs Not New Property Statistics

By Value Of Sales

• Not New Property contributed £1.4 billion (96.78%)
• New Property 46 millions (3.22%) giving combined total of £1.44 billions.

 By Number Of Sales

• The number of Not New Property sold was 3536 (96.51%)
• The number of New Properties sold was 128 (3.49%) giving combined total of 3664.

All London Posts