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House Prices in IG3

The average house price in IG3 (Ilford) is £426,250 using HM Land Registry data.

The average property price increased by £53,586 (18.98%) over the last 5 years and increased by £10,737 (3.01%) over the last 12 months.

Over the last year, there were 115 residential property sales – a decrease of 31 transactions (-26.96%) relative to the previous year. The majority of house sales (34) were in the £482,000 - £566,000 range. Then came properties in the £398,000 - £482,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,725 (-3%).

In Oct 24, there were 71 new estate agency instructions, 25 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in IG3 (Ilford)

18.98%

Property prices in Ilford increased by 18.98% 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 IG3 (Ilford) Over the Last Year

3.01%

Property prices in Ilford increased by 3.01% 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 IG3 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 IG3 (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 IG3 (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 IG3 (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 IG3 (Ilford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IG3 postcode area since 1995.

Recent Sales in IG3 (Ilford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
103 Meadway, Ilford, Greater London, IG3 9BL	£535,000	£524,000	-£11,000	09 Apr 2024	01 Aug 2024	114 Days
28 Kinfauns Road, Ilford, Greater London, IG3 9QL	£550,000	£540,000	-£10,000	20 Apr 2024	31 Jul 2024	102 Days
29 Percy Road, Ilford, Greater London, IG3 8SF	£445,000	£425,000	-£20,000	20 Mar 2024	17 Jul 2024	119 Days
3 Audley Gardens, Ilford, Greater London, IG3 9LB	£550,000	£540,000	-£10,000	04 Jan 2024	22 May 2024	139 Days
23a, Meadway, Ilford, Greater London, IG3 9BQ	£800,000	£800,000	£00	16 Dec 2023	13 May 2024	149 Days
23 Water Lane, Ilford, Greater London, IG3 9HE	£595,000	£585,000	-£10,000	23 Jan 2024	26 Apr 2024	94 Days
27 Percy Road, Ilford, Greater London, IG3 8SF	£525,000	£525,000	£00	11 Nov 2023	11 Apr 2024	152 Days
106 Ashgrove Road, Ilford, Greater London, IG3 9XD	£550,000	£537,000	-£13,000	04 Aug 2023	05 Apr 2024	245 Days
29 Norfolk Road, Ilford, Greater London, IG3 8LQ	£800,000	£785,000	-£15,000	09 Oct 2023	15 Mar 2024	158 Days
122 Felbrigge Road, Ilford, Greater London, IG3 9XJ	£650,000	£638,650	-£11,350	28 Oct 2023	15 Mar 2024	139 Days
49 Chester Road, Ilford, Greater London, IG3 8PU	£425,000	£415,000	-£10,000	29 Sep 2023	08 Mar 2024	161 Days
6 Water Lane, Ilford, Greater London, IG3 9HE	£450,000	£412,000	-£38,000	11 Jan 2024	05 Mar 2024	54 Days
4 Kent View Gardens, Ilford, Greater London, IG3 8AQ	£550,000	£525,000	-£25,000	23 Jun 2023	20 Feb 2024	242 Days
135 Ashburton Avenue, Ilford, Greater London, IG3 9EW	£480,000	£445,000	-£35,000	18 Jul 2023	16 Feb 2024	213 Days
83 Pembroke Road, Ilford, Greater London, IG3 8PQ	£525,000	£500,000	-£25,000	14 Aug 2023	15 Feb 2024	185 Days
70 New Road, Ilford, Greater London, IG3 8AT	£530,000	£525,000	-£5,000	22 Jul 2023	06 Feb 2024	199 Days
46 Felbrigge Road, Ilford, Greater London, IG3 8DP	£525,000	£510,000	-£15,000	31 Aug 2023	26 Jan 2024	148 Days
21 Brownlea Gardens, Ilford, Greater London, IG3 9NL	£599,950	£565,000	-£34,950	13 Jun 2023	04 Jan 2024	205 Days
14 Oakwood Gardens, Ilford, Greater London, IG3 9TY	£649,995	£635,000	-£14,995	19 Sep 2023	21 Dec 2023	93 Days
23 Chudleigh Crescent, Ilford, Greater London, IG3 9AT	£550,000	£540,000	-£10,000	04 Aug 2023	08 Dec 2023	126 Days

Most Expensive Streets in IG3 (Ilford)

Postcode	Street	Area	Average	No. of Sales
IG3 9HH	Gyllyngdune Gardens	Ilford	£832,333	3
IG3 8LJ	Norfolk Road	Ilford	£827,000	5
IG3 9HU	Parkway	Ilford	£807,833	6
IG3 9HP	Egerton Gardens	Ilford	£765,333	3
IG3 8TR	Wellwood Road	Ilford	£730,000	3
IG3 9BU	Levett Gardens	Ilford	£712,500	4
IG3 9BQ	Meadway	Ilford	£710,000	3
IG3 9NH	Tresco Gardens	Ilford	£673,666	9
IG3 8DU	Kenilworth Gardens	Ilford	£651,666	3
IG3 9BT	Levett Gardens	Ilford	£650,714	7

Least Expensive Streets in IG3 (Ilford)

Postcode	Street	Area	Average	No. of Sales
IG3 9RD	Express Drive	Ilford	£201,750	4
IG3 9QQ	Express Drive	Ilford	£212,333	6
IG3 8EY	Aldborough Road South	Ilford	£223,785	7
IG3 8UD	Kingswood Road	Ilford	£270,152	4
IG3 8JQ	Suffolk Court, Suffolk Road	Ilford	£274,500	4
IG3 8LY	Cambridge Road	Ilford	£281,428	7
IG3 8LH	Norfolk Road	Ilford	£292,250	4
IG3 8EX	Aldborough Road South	Ilford	£310,666	3
IG3 8LG	Cameron Road	Ilford	£331,766	3
IG3 8ER	Lombard Avenue	Ilford	£331,875	4