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House Prices in IG2

The average house price in IG2 (Ilford) is £416,000 using HM Land Registry data.

The average property price increased by £87,557 (28.35%) over the last 5 years and increased by £17,543 (4.21%) over the last 12 months.

Over the last year, there were 85 residential property sales – a decrease of 41 transactions (-48.24%) relative to the previous year. The majority of house sales (28) were in the £498,000 - £584,000 range. Then came properties in the £584,000 - £670,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 94 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-24,208 (-4%).

In Oct 24, there were 22 new estate agency instructions, 22 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in IG2 (Ilford)

28.35%

Property prices in Ilford increased by 28.35% 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 IG2 (Ilford) Over the Last Year

4.21%

Property prices in Ilford increased by 4.21% 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 IG2 (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 IG2 (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 IG2 (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 IG2 (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 IG2 (Ilford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IG2 postcode area since 1995.

Recent Sales in IG2 (Ilford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1184 Eastern Avenue, Ilford, Greater London, IG2 7SD	£615,000	£585,000	-£30,000	04 Jul 2023	04 Jun 2024	336 Days
3 Ladysmith Avenue, Ilford, Greater London, IG2 7AU	£575,000	£373,750	-£201,250	07 Jun 2023	28 May 2024	356 Days
2 Chiltern Road, Ilford, Greater London, IG2 7JR	£500,000	£500,000	£00	25 Sep 2023	07 May 2024	225 Days
13 Whites Avenue, Ilford, Greater London, IG2 7PJ	£450,000	£418,000	-£32,000	17 Oct 2023	26 Apr 2024	192 Days
48 Otley Drive, Ilford, Greater London, IG2 6SN	£600,000	£590,000	-£10,000	24 Oct 2023	15 Feb 2024	114 Days
318 Cranbrook Road, Ilford, Greater London, IG2 6EP	£625,000	£625,000	£00	10 Jul 2023	12 Jan 2024	186 Days
100 Charter Avenue, Ilford, Greater London, IG2 7AD	£600,000	£595,000	-£5,000	19 May 2023	01 Dec 2023	196 Days
65 Roll Gardens, Ilford, Greater London, IG2 6TP	£550,000	£505,000	-£45,000	05 Sep 2023	24 Nov 2023	80 Days
117 Springfield Drive, Ilford, Greater London, IG2 6QP	£600,000	£600,000	£00	17 May 2023	15 Nov 2023	182 Days
8 Rosedene Gardens, Ilford, Greater London, IG2 6YE	£899,950	£865,000	-£34,950	07 Jul 2023	15 Nov 2023	131 Days
64 Perth Road, Ilford, Greater London, IG2 6AR	£600,000	£570,000	-£30,000	10 Jul 2023	08 Nov 2023	121 Days
11 Torbitt Way, Ilford, Greater London, IG2 7TA	£380,000	£355,000	-£25,000	11 Apr 2023	03 Nov 2023	206 Days
20 The Crescent, Ilford, Greater London, IG2 6JF	£589,995	£585,000	-£4,995	30 May 2023	01 Nov 2023	155 Days
103 Royal Crescent, Newbury Park, Ilford, Greater London, IG2 7JZ	£280,000	£270,000	-£10,000	30 Mar 2023	24 Oct 2023	208 Days
117 Headley Drive, Ilford, Greater London, IG2 6QL	£550,000	£500,000	-£50,000	21 Jun 2023	10 Oct 2023	111 Days
11 St Johns Road, Ilford, Greater London, IG2 7BB	£700,000	£668,000	-£32,000	15 Jun 2023	02 Oct 2023	109 Days
40 Glenham Drive, Ilford, Greater London, IG2 6SG	£550,000	£540,000	-£10,000	15 May 2023	29 Sep 2023	137 Days
38 Wycombe Road, Ilford, Greater London, IG2 6UT	£795,000	£790,000	-£5,000	26 Jul 2023	22 Sep 2023	58 Days
100 Kenwood Gardens, Ilford, Greater London, IG2 6YG	£635,000	£620,000	-£15,000	03 May 2023	21 Sep 2023	141 Days
13 Church Road, Ilford, Greater London, IG2 7ES	£600,000	£575,000	-£25,000	28 Jun 2023	15 Sep 2023	79 Days

Most Expensive Streets in IG2 (Ilford)

Postcode	Street	Area	Average	No. of Sales
IG2 6YE	Rosedene Gardens	Ilford	£737,571	7
IG2 6YH	Kenwood Gardens	Ilford	£681,000	5
IG2 6YD	Rosedene Gardens	Ilford	£680,333	6
IG2 6XZ	Queenborough Gardens	Ilford	£673,125	4
IG2 6YG	Kenwood Gardens	Ilford	£663,333	3
IG2 6LY	Headley Drive	Ilford	£640,750	4
IG2 6EW	Cranbrook Road	Ilford	£626,666	3
IG2 6UJ	Avery Gardens	Ilford	£622,250	4
IG2 6YB	Queenborough Gardens	Ilford	£619,100	5
IG2 6XY	Glenwood Gardens	Ilford	£618,333	3

Least Expensive Streets in IG2 (Ilford)

Postcode	Street	Area	Average	No. of Sales
IG2 7EQ	Brancaster Road	Ilford	£112,497	9
IG2 7EB	Dellow Close	Ilford	£205,000	3
IG2 6PR	Lincoln Court 634-658, Eastern Avenue	Ilford	£216,250	4
IG2 7ED	Dellow Close	Ilford	£218,333	9
IG2 7QL	St Peters Close	Ilford	£223,000	3
IG2 7TL	Bawdsey Avenue	Ilford	£226,166	3
IG2 7AS	Kimberley Avenue	Ilford	£240,000	3
IG2 7QN	St Peters Close	Ilford	£243,250	4
IG2 7DU	Lynn Road	Ilford	£255,625	4
IG2 7HY	Eastern Avenue	Ilford	£258,666	3