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Hainault House Prices

The average house price in Hainault is £358,916 using HM Land Registry data.

The average property price increased by £69,682 (18.89%) over the last 5 years and increased by £13,962 (3.29%) over the last 12 months.

Over the last year, there were 72 residential property sales – a decrease of 33 transactions (-45.83%) relative to the previous year. The majority of house sales (20) were in the £388,000 - £442,000 range. Then came properties in the £442,000 - £496,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 217 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,646 (-2%).

In February 2025, there were 34 new estate agency instructions, 25 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Hainault

18.89%

Property prices in Hainault increased by 18.89% 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 Hainault Over the Last Year

3.29%

Property prices in Hainault increased by 3.29% 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 Hainault - February 2025

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 Hainault

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 Hainault

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 Hainault

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 Hainault since 1995

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

Recent Property Sales in Hainault

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
111 Covert Road, Ilford, Greater London, IG6 3BA	£385,000	£380,000	-£5,000	05 Aug 2024	27 Nov 2024	114 Days
33 Fairview Drive, Chigwell, Greater London, IG7 6HS	£475,000	£475,000	£0	10 Jul 2024	16 Oct 2024	98 Days
39a, Dryden Close, Ilford, Greater London, IG6 3DZ	£280,000	£280,000	£0	09 Apr 2024	14 Oct 2024	188 Days
5 Manford Cross, Chigwell, Greater London, IG7 4AB	£475,000	£475,000	£0	20 Mar 2024	28 Jun 2024	100 Days
193 Brocket Way, Chigwell, Greater London, IG7 4LX	£475,000	£460,000	-£15,000	03 Oct 2023	21 Jun 2024	262 Days
234 Burrow Road, Hainault, Chigwell, Greater London, IG7 4NQ	£440,000	£405,000	-£35,000	16 Aug 2023	29 May 2024	287 Days
11 Newcastle Avenue, Ilford, Greater London, IG6 3EE	£499,995	£490,000	-£9,995	15 Jan 2024	29 Apr 2024	105 Days
63 Tufter Road, Chigwell, Greater London, IG7 4EB	£400,000	£400,000	£0	26 Dec 2023	26 Apr 2024	122 Days
91 Burrow Road, Hainault, Chigwell, Greater London, IG7 4NL	£400,000	£400,000	£0	12 Aug 2023	15 Mar 2024	216 Days
16 Oakmoor Way, Chigwell, Greater London, IG7 4BS	£350,000	£340,000	-£10,000	18 Jul 2023	29 Feb 2024	226 Days
317 New North Road, Ilford, Greater London, IG6 3DS	£525,000	£520,000	-£5,000	15 Aug 2023	23 Jan 2024	161 Days
22 Stevens Way, Chigwell, Greater London, IG7 6HR	£550,000	£530,000	-£20,000	17 Jul 2023	22 Jan 2024	189 Days
34 Clinton Crescent, Ilford, Greater London, IG6 3AH	£500,000	£491,375	-£8,625	19 Jul 2023	19 Jan 2024	184 Days
11 Hannards Way, Ilford, Greater London, IG6 3TB	£450,000	£430,000	-£20,000	02 Jun 2023	27 Nov 2023	178 Days
103 Clinton Crescent, Ilford, Greater London, IG6 3AW	£474,995	£474,995	£0	03 Mar 2023	24 Nov 2023	266 Days
170 Arrowsmith Road, Chigwell, Greater London, IG7 4NZ	£390,000	£385,000	-£5,000	28 Jun 2023	10 Nov 2023	135 Days
3 Merlin Close, Ilford, Greater London, IG6 3XL	£230,000	£225,000	-£5,000	28 Apr 2023	06 Nov 2023	192 Days
6 Crossbow Road, Chigwell, Greater London, IG7 4EZ	£500,000	£497,000	-£3,000	06 May 2023	26 Oct 2023	173 Days
11 Branch Road, Hainault, Ilford, Greater London, IG6 3TL	£425,000	£395,000	-£30,000	04 May 2022	13 Oct 2023	527 Days
172 Brocket Way, Chigwell, Greater London, IG7 4LS	£425,000	£405,000	-£20,000	03 Jul 2023	13 Oct 2023	102 Days

Most Expensive Streets in Hainault

Postcode	Street	Area	Average	No. of Sales
IG7 6NG	The Friars	Chigwell	£690,200	5
IG7 4QT	Tercel Path	Chigwell	£661,666	3
IG7 4JH	Manford Way	Chigwell	£582,749	4
IG7 6HU	Rowland Crescent	Chigwell	£571,750	4
IG7 6NQ	The Acorns	Chigwell	£541,000	5
IG7 4EP	Brocket Way	Chigwell	£535,000	3
IG6 3DR	Lime Grove	Ilford	£517,500	4
IG6 3EE	Newcastle Avenue	Ilford	£505,900	5
IG6 3AR	Beech Grove	Ilford	£496,928	7
IG6 3AH	Clinton Crescent	Ilford	£496,486	9

Least Expensive Streets in Hainault

Postcode	Street	Area	Average	No. of Sales
IG6 3XL	Merlin Close	Ilford	£204,000	4
IG6 3EL	New North Road	Ilford	£280,666	3
IG7 4QY	The Ridings	Chigwell	£285,500	4
IG6 3EA	Dryden Close	Ilford	£300,070	5
IG7 4BA	Wanti Terrace	Chigwell	£300,333	18
IG7 4AD	Manford Way	Chigwell	£303,666	3
IG7 4AB	Manford Cross	Chigwell	£310,062	8
IG7 4JB	Long Green	Chigwell	£317,625	8
IG6 3SY	Huntsman Road	Ilford	£335,200	5
IG6 3AZ	Covert Road	Ilford	£336,000	4