House Prices in IG4 House Prices in IG4 (Ilford)

The average house price in IG4 (Ilford) is £660,000 using HM Land Registry data.

The average property price increased by £88,265 (11.62%) over the last 5 years and increased by £17,685 (1.94%) over the last 12 months.

Over the last year, there were 42 residential property sales – a decrease of 19 transactions (-45.24%) relative to the previous year. The majority of house sales (11) were in the £570,000 - £670,000 range. Then came properties in the £670,000 - £770,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 165 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,550 (-3%).

In Dec 24, there were 6 new estate agency instructions, 3 agreed home sales and 2 property price reductions.

5-Year Average Property Prices in IG4 (Ilford)

11.62%

Property prices in Ilford increased by 11.62% 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 IG4 (Ilford) Over the Last Year

1.94%

Property prices in Ilford increased by 1.94% 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.

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).

Property Market Heat Gauge for IG4 (Ilford) - Dec 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 IG4 (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 IG4 (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 IG4 (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 IG4 (Ilford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IG4 postcode area since 1995.

Recent Sales in IG4 (Ilford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Falmouth Gardens, Ilford, Greater London, IG4 5JU£725,000£710,000-£15,00023 May 202418 Sep 2024118 Days
56 Roding Lane South, Ilford, Greater London, IG4 5PD£640,000£640,000£0029 Apr 202402 Sep 2024126 Days
1 Peaketon Avenue, Ilford, Greater London, IG4 5PG£700,000£660,000-£40,00009 May 202409 Aug 202492 Days
33 Peaketon Avenue, Ilford, Greater London, IG4 5PG£600,000£600,000£0028 Mar 202427 Jun 202491 Days
271 Eastern Avenue, Ilford, Greater London, IG4 5AT£575,000£565,000-£10,00027 Jan 202430 May 2024124 Days
140 Redbridge Lane East, Ilford, Greater London, IG4 5BT£340,000£273,000-£67,00025 May 201124 May 20244748 Days
165 Woodford Avenue, Ilford, Greater London, IG4 5LQ£550,000£540,000-£10,00024 Jan 202420 May 2024117 Days
4 Studley Drive, Ilford, Greater London, IG4 5AH£650,000£640,000-£10,00003 Oct 202307 May 2024217 Days
40 Avondale Crescent, Ilford, Greater London, IG4 5JB£700,000£675,000-£25,00028 Jul 202328 Mar 2024244 Days
19 Braintree Avenue, Ilford, Greater London, IG4 5PY£550,000£550,000£0011 Nov 202321 Mar 2024131 Days
134 Roding Lane South, Ilford, Greater London, IG4 5PD£645,000£620,000-£25,00016 May 202307 Mar 2024296 Days
26 Widecombe Gardens, Ilford, Greater London, IG4 5LT£617,000£610,000-£7,00009 May 202320 Dec 2023225 Days
215 Beehive Lane, Ilford, Greater London, IG4 5EB£575,000£550,000-£25,00021 Jul 202308 Dec 2023140 Days
65 Falmouth Gardens, Ilford, Greater London, IG4 5JQ£950,000£900,000-£50,00021 Jun 202308 Dec 2023170 Days
16 Braintree Avenue, Ilford, Greater London, IG4 5PY£725,000£695,000-£30,00023 May 202305 Dec 2023196 Days
149 Falmouth Gardens, Ilford, Greater London, IG4 5JN£700,000£685,000-£15,00027 May 202324 Oct 2023150 Days
106 Falmouth Gardens, Ilford, Greater London, IG4 5JL£775,000£770,000-£5,00011 Mar 202320 Oct 2023223 Days
121 Falmouth Gardens, Ilford, Greater London, IG4 5JL£700,000£682,500-£17,50008 Sep 202206 Oct 2023393 Days
78 Inglehurst Gardens, Ilford, Greater London, IG4 5HE£395,000£375,000-£20,00005 Jun 202306 Oct 2023123 Days
52 Fowey Avenue, Ilford, Greater London, IG4 5JT£1,000,000£950,000-£50,00016 May 202325 Sep 2023132 Days

Most Expensive Streets in IG4 (Ilford)

PostcodeStreetAreaAverageNo. of Sales
IG4 5JUFalmouth GardensIlford£742,3754
IG4 5JFVista DriveIlford£733,3333
IG4 5HNGrangeway GardensIlford£725,6254
IG4 5JLFalmouth GardensIlford£724,5005
IG4 5JTFowey AvenueIlford£698,3336
IG4 5EBBeehive LaneIlford£681,6663
IG4 5BZWindermere GardensIlford£670,0004
IG4 5PJLakeside AvenueIlford£663,3333
IG4 5PYBraintree AvenueIlford£662,0836
IG4 5JNFalmouth GardensIlford£651,2504

Least Expensive Streets in IG4 (Ilford)

PostcodeStreetAreaAverageNo. of Sales
IG4 5EFBeehive LaneIlford£112,99510
IG4 5ELLimewood CourtIlford£147,36819
IG4 5DGRedbridge Court, Redbridge Lane EastIlford£227,3754
IG4 5ALStudley Court, Studley DriveIlford£255,0003
IG4 5DDMargaret WayIlford£303,8005
IG4 5DPSussex CloseIlford£399,0003
IG4 5NFKeswick GardensIlford£458,8333
IG4 5NEBergholt AvenueIlford£520,7504
IG4 5BPFairmead GardensIlford£527,6663
IG4 5HLRidgeway GardensIlford£533,3333

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