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Ilford House Prices Ilford House Prices

The average house price in Ilford is £468,465 using HM Land Registry data.

The average property price increased by £100,740 (24.62%) over the last 5 years and increased by £20,139 (4.11%) over the last 12 months.

Over the last year, there were 706 residential property sales – a decrease of 304 transactions (-43.06%) relative to the previous year. The majority of house sales (173) were in the £500,000 - £590,000 range. Then came properties in the £410,000 - £500,000 range, where 126 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,645 (-2%).

In Oct 24, there were new estate agency instructions, 138 agreed home sales and 101 property price reductions.

Neighbouring Areas: Hainault, South Woodford, East Ham, Manor Park, Barking, Wanstead, Chadwell Heath, Woodford, Dagenham

Postcodes Covered: E12, IG1, IG2, IG3, IG4, IG5, IG6, IG7, IG8, RM6, RM8

5-Year Average Property Prices in Ilford

24.62%

Property prices in Ilford increased by 24.62% 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 Ilford Over the Last Year

4.11%

Property prices in Ilford increased by 4.11% 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 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 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 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 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 Ilford since 1995

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

Recent Property Sales in Ilford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
23 Stalham Way, Ilford, Greater London, IG6 2GE£850,000£800,000-£50,00021 Aug 202316 Aug 2024361 Days
20 Trehearn Road, Ilford, Greater London, IG6 2NN£500,000£500,000£0012 Feb 202415 Aug 2024185 Days
347 Roding Lane North, Woodford Green, Greater London, IG8 8LH£575,000£557,500-£17,50017 Apr 202412 Aug 2024117 Days
1 Peaketon Avenue, Ilford, Greater London, IG4 5PG£700,000£660,000-£40,00009 May 202409 Aug 202492 Days
40 Longwood Gardens, Ilford, Greater London, IG5 0BA£1,025,000£925,000-£100,00005 Jun 202408 Aug 202464 Days
28 Kinfauns Road, Ilford, Greater London, IG3 9QL£550,000£540,000-£10,00020 Apr 202431 Jul 2024102 Days
292a, Fullwell Avenue, Ilford, Greater London, IG5 0SA£320,000£315,000-£5,00022 Jan 202431 Jul 2024191 Days
18 Waterloo Road, Ilford, Greater London, IG6 2EG£525,000£505,000-£20,00008 Feb 202419 Jul 2024162 Days
29 Percy Road, Ilford, Greater London, IG3 8SF£445,000£425,000-£20,00020 Mar 202417 Jul 2024119 Days
54 Belvedere Avenue, Ilford, Greater London, IG5 0UH£500,000£500,000£0013 Apr 202428 Jun 202476 Days
8 The Glade, Ilford, Greater London, IG5 0NF£600,000£580,000-£20,00004 Dec 202328 Jun 2024207 Days
33 Peaketon Avenue, Ilford, Greater London, IG4 5PG£600,000£600,000£0028 Mar 202427 Jun 202491 Days
55 Trentbridge Close, Ilford, Greater London, IG6 3DG£375,000£365,000-£10,00001 Mar 202426 Jun 2024117 Days
111 Grange Road, Ilford, Greater London, IG1 1EY£400,000£360,000-£40,00024 May 202414 Jun 202421 Days
259 Dersingham Avenue, London, Greater London, E12 6HP£210,000£200,001-£9,99918 Jul 201313 Jun 20243983 Days
8 Ryecroft Avenue, Ilford, Greater London, IG5 0UQ£435,000£425,000-£10,00025 Nov 202310 Jun 2024198 Days
119 Browning Road, London, Greater London, E12 6RB£550,000£550,000£0001 Feb 202407 Jun 2024127 Days
1184 Eastern Avenue, Ilford, Greater London, IG2 7SD£615,000£585,000-£30,00004 Jul 202304 Jun 2024336 Days
2 Fullwell Avenue, Ilford, Greater London, IG6 2HJ£650,000£600,000-£50,00011 Jan 202304 Jun 2024510 Days
3 Ladysmith Avenue, Ilford, Greater London, IG2 7AU£575,000£373,750-£201,25007 Jun 202328 May 2024356 Days

Most Expensive Streets in Ilford

PostcodeStreetAreaAverageNo. of Sales
IG5 0HPLord AvenueIlford£1,161,2504
IG5 0HNLord AvenueIlford£952,5004
IG5 0BALongwood GardensIlford£877,5004
IG1 3LZRochester GardensIlford£842,0004
IG3 8LJNorfolk RoadIlford£827,0005
IG1 3LAExeter GardensIlford£798,6663
IG5 0BBLongwood GardensIlford£790,0004
IG1 3NGCanterbury AvenueIlford£787,1427
IG1 3SGWanstead LaneIlford£781,6663
IG6 1JXSunnymede DriveIlford£773,3336

Least Expensive Streets in Ilford

PostcodeStreetAreaAverageNo. of Sales
IG1 2ENGolding CourtIlford£97,0004
IG1 1DUAlbert RoadIlford£98,7504
IG1 3QACastleview GardensIlford£107,6005
IG2 7EQBrancaster RoadIlford£112,4979
IG4 5EFBeehive LaneIlford£113,1059
IG1 4EWHeron CourtMorland Road£117,77211
IG1 2QEPittman GardensIlford£119,8333
IG1 2ZJIlford HillIlford£123,85412
IG1 2ZRRoden StreetIlford£131,01710
IG1 2ZLIlford HillIlford£149,2086

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