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House Prices in IG1

The average house price in IG1 (Ilford) is £517,857 using HM Land Registry data.

The average property price increased by £183,654 (58.28%) over the last 5 years and increased by £36,799 (7.22%) over the last 12 months.

Over the last year, there were 159 residential property sales – a decrease of 88 transactions (-55.35%) relative to the previous year. The majority of house sales (33) were in the £300,000 - £400,000 range. Then came properties in the £500,000 - £600,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 112 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,761 (-2%).

In Oct 24, there were 53 new estate agency instructions, 42 agreed home sales and 31 property price reductions.

5-Year Average Property Prices in IG1 (Ilford)

58.28%

Property prices in Ilford increased by 58.28% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in IG1 (Ilford) Over the Last Year

7.22%

Property prices in Ilford increased by 7.22% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for IG1 (Ilford) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in IG1 (Ilford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in IG1 (Ilford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in IG1 (Ilford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the IG1 (Ilford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IG1 postcode area since 1995.

Recent Sales in IG1 (Ilford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
111 Grange Road, Ilford, Greater London, IG1 1EY	£400,000	£360,000	-£40,000	24 May 2024	14 Jun 2024	21 Days
61 Meath Road, Ilford, Greater London, IG1 1JB	£589,995	£520,000	-£69,995	22 Sep 2022	15 Apr 2024	571 Days
15 Lincoln Gardens, Ilford, Greater London, IG1 3NF	£750,000	£750,000	£00	29 Sep 2023	12 Apr 2024	196 Days
187 Hampton Road, Ilford, Greater London, IG1 1PW	£400,000	£390,000	-£10,000	31 Mar 2023	05 Apr 2024	371 Days
107 St Marys Road, Ilford, Greater London, IG1 1QY	£475,000	£475,000	£00	07 Nov 2023	28 Mar 2024	142 Days
65 Vicarage Lane, Ilford, Greater London, IG1 4AL	£550,000	£520,000	-£30,000	23 Dec 2023	28 Mar 2024	96 Days
355 Thorold Road, Ilford, Greater London, IG1 4HG	£460,000	£448,000	-£12,000	01 Sep 2023	21 Mar 2024	202 Days
11 Benton Road, Ilford, Greater London, IG1 4AT	£700,000	£697,000	-£3,000	29 Sep 2023	15 Mar 2024	168 Days
92 Mayfair Avenue, Ilford, Greater London, IG1 3DH	£600,000	£590,000	-£10,000	12 Dec 2023	08 Mar 2024	87 Days
28 Wisteria Close, Ilford, Greater London, IG1 2BH	£379,000	£370,000	-£9,000	07 Sep 2023	04 Mar 2024	179 Days
50 De Vere Gardens, Ilford, Greater London, IG1 3ED	£850,000	£830,000	-£20,000	21 Jun 2023	23 Feb 2024	247 Days
13 Mornington Avenue, Ilford, Greater London, IG1 3QT	£575,000	£565,000	-£10,000	30 Oct 2023	21 Feb 2024	114 Days
Flat 22, Springfield Court, Forsythia Close, Ilford, Greater London, IG1 2BN	£280,000	£275,000	-£5,000	13 Oct 2020	07 Feb 2024	1212 Days
47a, Rutland Road, Ilford, Greater London, IG1 1EN	£290,000	£285,000	-£5,000	12 Sep 2023	26 Jan 2024	136 Days
22 Benton Road, Ilford, Greater London, IG1 4AT	£560,000	£550,000	-£10,000	05 Jul 2023	12 Jan 2024	191 Days
8 Charles Church Walk, Ilford, Greater London, IG1 3RZ	£575,000	£568,000	-£7,000	13 Jul 2023	09 Jan 2024	180 Days
345 Henley Road, Ilford, Greater London, IG1 2TH	£575,000	£575,000	£00	22 Sep 2023	05 Jan 2024	105 Days
48 Melbourne Road, Ilford, Greater London, IG1 4LG	£575,000	£575,000	£00	22 Aug 2023	03 Jan 2024	134 Days
30 Wisteria Close, Ilford, Greater London, IG1 2BH	£450,000	£438,000	-£12,000	13 Jul 2023	15 Dec 2023	155 Days
269 The Drive, Ilford, Greater London, IG1 3PN	£775,000	£755,000	-£20,000	17 Jul 2023	14 Dec 2023	150 Days

Most Expensive Streets in IG1 (Ilford)

Postcode	Street	Area	Average	No. of Sales
IG1 3LZ	Rochester Gardens	Ilford	£842,000	4
IG1 3LA	Exeter Gardens	Ilford	£798,666	3
IG1 3NG	Canterbury Avenue	Ilford	£787,142	7
IG1 3SG	Wanstead Lane	Ilford	£781,666	3
IG1 4RS	Park Avenue	Ilford	£756,666	3
IG1 4LF	Melbourne Road	Ilford	£713,624	5
IG1 3QE	Castleview Gardens	Ilford	£696,666	3
IG1 4AJ	Kings Gardens	Ilford	£693,000	3
IG1 3LB	Exeter Gardens	Ilford	£656,250	4
IG1 4TT	Quebec Road	Ilford	£643,333	3

Least Expensive Streets in IG1 (Ilford)

Postcode	Street	Area	Average	No. of Sales
IG1 2EN	Golding Court	Ilford	£97,000	4
IG1 1DU	Albert Road	Ilford	£98,750	4
IG1 3QA	Castleview Gardens	Ilford	£107,600	5
IG1 4EW	Heron Court, Morland Road	Ilford	£117,772	11
IG1 2QE	Pittman Gardens	Ilford	£119,833	3
IG1 2ZJ	Ilford Hill	Ilford	£123,854	12
IG1 2ZR	Roden Street	Ilford	£131,017	10
IG1 2ZL	Ilford Hill	Ilford	£149,208	6
IG1 4BX	Ley Street	Ilford	£186,333	3
IG1 2BG	Lavender Place	Ilford	£197,200	5