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Ilford House Prices Ilford House Prices

The average house price in Ilford is £498,535 using HM Land Registry data.

The average property price increased by £107,681 (26.65%) over the last 5 years and increased by £21,521 (4.39%) over the last 12 months.

Over the last year, there were 681 residential property sales – a decrease of 374 transactions (-54.92%) relative to the previous year. The majority of house sales (152) were in the £512,000 - £606,000 range. Then came properties in the £418,000 - £512,000 range, where 141 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,645 (-2%).

In April 2024, there were 177 new estate agency instructions, 100 agreed home sales and 77 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

26.65%

Property prices in Ilford increased by 26.65% 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

4.39%

Property prices in Ilford increased by 4.39% 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 - April 2024

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
49 Chester Road, Ilford, Greater London, IG3 8PU£425,000£415,000-£10,00029 Sep 202308 Mar 2024161 Days
32 Ludham Close, Ilford, Greater London, IG6 2GH£599,950£595,500-£4,45024 Oct 202308 Mar 2024136 Days
79 Sunnymede Drive, Ilford, Greater London, IG6 1LD£500,000£465,000-£35,00016 Jun 202322 Feb 2024251 Days
114 Chesterford Road, London, Greater London, E12 6LB£450,000£265,000-£185,00031 Aug 202329 Jan 2024151 Days
8 Charles Church Walk, Ilford, Greater London, IG1 3RZ£575,000£568,000-£7,00013 Jul 202309 Jan 2024180 Days
48 Melbourne Road, Ilford, Greater London, IG1 4LG£575,000£575,000£0022 Aug 202303 Jan 2024134 Days
26 Widecombe Gardens, Ilford, Greater London, IG4 5LT£617,000£610,000-£7,00009 May 202320 Dec 2023225 Days
30 Wisteria Close, Ilford, Greater London, IG1 2BH£450,000£438,000-£12,00013 Jul 202315 Dec 2023155 Days
16 Braintree Avenue, Ilford, Greater London, IG4 5PY£725,000£695,000-£30,00023 May 202305 Dec 2023196 Days
173 Henley Road, Ilford, Greater London, IG1 2TP£400,000£385,000-£15,00022 Jun 202301 Dec 2023162 Days
100 Charter Avenue, Ilford, Greater London, IG2 7AD£600,000£595,000-£5,00019 May 202301 Dec 2023196 Days
70 Trelawney Road, Ilford, Greater London, IG6 2NJ£399,995£380,000-£19,99515 Aug 202301 Dec 2023108 Days
50 Meads Lane, Ilford, Greater London, IG3 8QH£695,000£675,000-£20,00003 Aug 202330 Nov 2023119 Days
257 Fullwell Avenue, Ilford, Greater London, IG5 0RD£325,000£270,000-£55,00004 Mar 202130 Nov 20231001 Days
41 Laing Close, Ilford, Greater London, IG6 2UF£399,999£399,999£0005 Jul 202330 Nov 2023148 Days
65 Roll Gardens, Ilford, Greater London, IG2 6TP£550,000£505,000-£45,00005 Sep 202324 Nov 202380 Days
Flat 7, Hawthorn Court, Herent Drive, Ilford, Greater London, IG5 0HA£320,000£315,000-£5,00005 Dec 202224 Nov 2023354 Days
27 Hatfield Close, Ilford, Greater London, IG6 2JJ£290,000£280,000-£10,00002 Aug 202324 Nov 2023114 Days
168 Richmond Road, Ilford, Greater London, IG1 1JT£435,000£350,000-£85,00008 Sep 202323 Nov 202376 Days
32 Pembroke Road, Ilford, Greater London, IG3 8PH£600,000£585,000-£15,00015 Jun 202321 Nov 2023159 Days

Most Expensive Streets in Ilford

PostcodeStreetAreaAverageNo. of Sales
IG5 0HPLord AvenueIlford£1,045,0003
IG5 0HNLord AvenueIlford£952,5004
IG5 0BALongwood GardensIlford£822,5004
IG1 3LAExeter GardensIlford£798,6663
IG5 0BBLongwood GardensIlford£790,0004
IG1 3NGCanterbury AvenueIlford£788,5717
IG6 1DUHastings AvenueIlford£786,6663
IG1 3NDChelmsford GardensIlford£782,5003
IG1 3SGWanstead LaneIlford£781,6663
IG1 3LZRochester GardensIlford£778,6005

Least Expensive Streets in Ilford

PostcodeStreetAreaAverageNo. of Sales
IG1 2ENGolding CourtIlford£97,0004
IG1 1DUAlbert RoadIlford£97,4005
IG1 3QACastleview GardensIlford£107,6005
IG4 5EFBeehive LaneIlford£113,07912
IG1 2QEPittman GardensIlford£113,3754
IG1 2ZRRoden StreetIlford£117,2419
IG2 7EQBrancaster RoadIlford£118,3128
IG1 4EWHeron CourtMorland Road£121,11513
IG1 2ZJIlford HillIlford£123,85412
IG1 2ZLIlford HillIlford£147,8889

Explore Ilford and Neighbouring Area House Prices

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