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House Prices in IG5

The average house price in IG5 (Ilford) is £400,200 using HM Land Registry data.

The average property price increased by £20,718 (23.67%) over the last 5 years and increased by £4,152 (3.63%) over the last 12 months.

Over the last year, there were 75 residential property sales – a decrease of 29 transactions (-38.67%) relative to the previous year. The majority of house sales (19) were in the £518,000 - £624,000 range. Then came properties in the £412,000 - £518,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,214 (-2%).

In Oct 24, there were new estate agency instructions, 18 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in IG5 (Ilford)

23.67%

Property prices in Ilford increased by 23.67% 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 IG5 (Ilford) Over the Last Year

3.63%

Property prices in Ilford increased by 3.63% 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 IG5 (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 IG5 (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 IG5 (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 IG5 (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 IG5 (Ilford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IG5 postcode area since 1995.

Recent Sales in IG5 (Ilford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
40 Longwood Gardens, Ilford, Greater London, IG5 0BA	£1,025,000	£925,000	-£100,000	05 Jun 2024	08 Aug 2024	64 Days
292a, Fullwell Avenue, Ilford, Greater London, IG5 0SA	£320,000	£315,000	-£5,000	22 Jan 2024	31 Jul 2024	191 Days
54 Belvedere Avenue, Ilford, Greater London, IG5 0UH	£500,000	£500,000	£00	13 Apr 2024	28 Jun 2024	76 Days
8 The Glade, Ilford, Greater London, IG5 0NF	£600,000	£580,000	-£20,000	04 Dec 2023	28 Jun 2024	207 Days
8 Ryecroft Avenue, Ilford, Greater London, IG5 0UQ	£435,000	£425,000	-£10,000	25 Nov 2023	10 Jun 2024	198 Days
14 Strafford Avenue, Ilford, Greater London, IG5 0TF	£525,000	£525,000	£00	10 Feb 2024	07 May 2024	87 Days
56a, Caernarvon Drive, Ilford, Greater London, IG5 0XE	£325,000	£315,000	-£10,000	06 Oct 2020	03 May 2024	1305 Days
259 Clayhall Avenue, Ilford, Greater London, IG5 0NY	£500,000	£480,000	-£20,000	01 Nov 2023	19 Feb 2024	110 Days
226 Clayhall Avenue, Ilford, Greater London, IG5 0LD	£800,000	£795,000	-£5,000	16 May 2023	16 Feb 2024	276 Days
14 Dellwood Gardens, Ilford, Greater London, IG5 0EH	£550,000	£550,000	£00	09 Aug 2023	09 Feb 2024	184 Days
72 Lord Avenue, Ilford, Greater London, IG5 0HW	£895,000	£865,000	-£30,000	23 Aug 2023	02 Feb 2024	163 Days
33 Dellwood Gardens, Ilford, Greater London, IG5 0EH	£485,000	£477,000	-£8,000	01 Nov 2023	02 Feb 2024	93 Days
34 Bysouth Close, Ilford, Greater London, IG5 0XN	£500,000	£500,000	£00	17 Jul 2023	01 Feb 2024	199 Days
185 Fullwell Avenue, Ilford, Greater London, IG5 0XA	£300,000	£295,000	-£5,000	25 May 2023	12 Jan 2024	232 Days
11 Humphrey Close, Ilford, Greater London, IG5 0RW	£450,000	£420,000	-£30,000	06 Mar 2023	21 Dec 2023	290 Days
Flat 16, Hawthorn Court, Herent Drive, Ilford, Greater London, IG5 0HA	£320,000	£310,000	-£10,000	28 Sep 2022	14 Dec 2023	442 Days
257 Fullwell Avenue, Ilford, Greater London, IG5 0RD	£325,000	£270,000	-£55,000	04 Mar 2021	30 Nov 2023	1001 Days
29 Copper Beech Close, Ilford, Greater London, IG5 0RX	£500,000	£476,000	-£24,000	29 Jun 2023	30 Nov 2023	154 Days
Flat 7, Hawthorn Court, Herent Drive, Ilford, Greater London, IG5 0HA	£320,000	£315,000	-£5,000	05 Dec 2022	24 Nov 2023	354 Days
13 Monkswood Gardens, Ilford, Greater London, IG5 0DG	£670,000	£670,000	£00	21 Apr 2023	26 Sep 2023	158 Days

Most Expensive Streets in IG5 (Ilford)

Postcode	Street	Area	Average	No. of Sales
IG5 0HP	Lord Avenue	Ilford	£1,161,250	4
IG5 0HN	Lord Avenue	Ilford	£952,500	4
IG5 0BA	Longwood Gardens	Ilford	£877,500	4
IG5 0BB	Longwood Gardens	Ilford	£790,000	4
IG5 0AE	Beechwood Gardens	Ilford	£757,500	4
IG5 0DG	Monkswood Gardens	Ilford	£729,166	6
IG5 0HJ	Mellows Road	Ilford	£710,000	3
IG5 0LG	Clayhall Avenue	Ilford	£706,500	5
IG5 0LD	Clayhall Avenue	Ilford	£696,666	3
IG5 0DF	Earlswood Gardens	Ilford	£691,666	3

Least Expensive Streets in IG5 (Ilford)

Postcode	Street	Area	Average	No. of Sales
IG5 0PX	Winningales Court	Ilford	£151,666	15
IG5 0RB	Fullwell Avenue	Ilford	£235,166	3
IG5 0EP	Gaysham Hall, Longwood Gardens	Ilford	£238,941	6
IG5 0XA	Fullwell Avenue	Ilford	£264,400	5
IG5 0XB	Calne Avenue	Ilford	£280,514	5
IG5 0XG	Ravensbourne Gardens	Ilford	£294,500	10
IG5 0SA	Fullwell Avenue	Ilford	£296,166	6
IG5 0XE	Caernarvon Drive	Ilford	£300,000	3
IG5 0SZ	Tiptree Crescent	Ilford	£312,666	3
IG5 0SX	Tiptree Crescent	Ilford	£313,250	3