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Ilford House Prices Ilford House Prices

The average house price in Ilford is £505,233 using HM Land Registry data.

The average property price increased by £90,796 (21.54%) over the last 5 years and increased by £18,192 (3.68%) over the last 12 months.

Over the last year, there were 627 residential property sales – a decrease of 223 transactions (-35.57%) relative to the previous year. The majority of house sales (143) were in the £502,000 - £596,000 range. Then came properties in the £408,000 - £502,000 range, where 125 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 149 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,512 (-2%).

In Dec 24, there were 153 new estate agency instructions, 104 agreed home sales and 54 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

21.54%

Property prices in Ilford increased by 21.54% 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

3.68%

Property prices in Ilford increased by 3.68% 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 - 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 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
64 Greenleafe Drive, Ilford, Greater London, IG6 1LJ£499,950£465,000-£34,95020 Sep 202415 Nov 202456 Days
151b, Thorold Road, Ilford, Greater London, IG1 4HB£300,000£295,000-£5,00010 May 202411 Nov 2024185 Days
4 Caernarvon Drive, Ilford, Greater London, IG5 0XD£425,000£412,000-£13,00025 Jul 202411 Nov 2024109 Days
89 Buntingbridge Road, Barkingside, Ilford, Greater London, IG2 7LS£550,000£530,000-£20,00004 May 202401 Nov 2024181 Days
119 Eton Road, Ilford, Greater London, IG1 2UF£575,000£560,000-£15,00004 Sep 202328 Oct 2024420 Days
44 Ludham Close, Ilford, Greater London, IG6 2GH£525,000£505,000-£20,00014 May 202428 Oct 2024167 Days
114 Chesterford Road, London, Greater London, E12 6LB£475,000£475,000£0020 Aug 202425 Oct 202466 Days
57 Hazeldene Road, Ilford, Greater London, IG3 9RA£570,000£568,000-£2,00016 Mar 202423 Oct 2024221 Days
32 Mapleleafe Gardens, Ilford, Greater London, IG6 1LG£675,000£675,000£0015 Jan 202421 Oct 2024280 Days
76 Highlands Gardens, Ilford, Greater London, IG1 3LD£760,000£700,000-£60,00027 Sep 202315 Oct 2024384 Days
62 Blackthorn Road, Ilford, Greater London, IG1 2LS£280,000£270,000-£10,00001 Aug 202415 Oct 202475 Days
15 Kingston Road, Ilford, Greater London, IG1 1PA£500,000£495,000-£5,00028 Jun 202411 Oct 2024105 Days
7 Westwood Road, Ilford, Greater London, IG3 8SB£550,000£525,000-£25,00019 Feb 202407 Oct 2024231 Days
20 Falmouth Gardens, Ilford, Greater London, IG4 5JU£725,000£710,000-£15,00023 May 202418 Sep 2024118 Days
91 Mossford Lane, Ilford, Greater London, IG6 2HZ£475,000£470,000-£5,00002 May 202413 Sep 2024134 Days
18 Tulip Gardens, Ilford, Greater London, IG1 2JX£425,000£425,000£0028 May 202411 Sep 2024106 Days
62 Norfolk Road, Ilford, Greater London, IG3 8LH£825,000£820,000-£5,00019 Mar 202411 Sep 2024176 Days
Flat 13, Oxford House, Benrek Close, Ilford, Greater London, IG6 2QL£400,000£390,000-£10,00019 Apr 202411 Sep 2024145 Days
56 Roding Lane South, Ilford, Greater London, IG4 5PD£640,000£640,000£0029 Apr 202402 Sep 2024126 Days
29 Caernarvon Drive, Ilford, Greater London, IG5 0XD£425,000£415,000-£10,00018 Mar 202421 Aug 2024156 Days

Most Expensive Streets in Ilford

PostcodeStreetAreaAverageNo. of Sales
IG5 0HPLord AvenueIlford£1,161,2504
IG5 0HNLord AvenueIlford£952,5004
IG5 0BALongwood GardensIlford£928,3333
IG1 3LZRochester GardensIlford£842,0004
IG1 3LAExeter GardensIlford£798,6663
IG1 3NGCanterbury AvenueIlford£787,1427
IG1 3SGWanstead LaneIlford£781,6663
IG2 6YDRosedene GardensIlford£773,0004
IG5 0AEBeechwood GardensIlford£757,5004
IG1 4RSPark AvenueIlford£756,6663

Least Expensive Streets in Ilford

PostcodeStreetAreaAverageNo. of Sales
IG1 2ENGolding CourtIlford£97,0004
IG1 1DUAlbert RoadIlford£98,7504
IG1 3QACastleview GardensIlford£108,7504
IG2 7EQBrancaster RoadIlford£112,4979
IG4 5EFBeehive LaneIlford£112,99510
IG1 2QEPittman GardensIlford£113,6254
IG1 2ZJIlford HillIlford£116,3128
IG1 4EWHeron CourtMorland Road£117,77211
IG1 2ZRRoden StreetIlford£134,0749
IG5 0PXWinningales CourtIlford£144,86615

Explore Ilford and Neighbouring Area House Prices

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