-
Census 2021 Data -
Homes & Property -
Law and Order -
Jobs & Economy -
Learning & Schools -
Essential Services -
Travel & Transport -
Local Amenities -
Leisure & Recreation -
Environment
Property Price Trends
IG1 4WP
What are the historical property price trends?
Explore the yearly trends in property prices for the IG1 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
IG1
Most Expensive Property
£2,800,000
Iris House, 5 Flat 2 Iris Close, IG1 2BY
Sold: 07 October 2022
Cheapest Property
£10,000
299 High Road, IG1 1NR
Sold: 18 January 2022
£499,000
The average house price in Redbridge was £499,000 in November 2024 (provisional), up 4.0% from November 2023. Across London, there was little change in the average house price over the same period.
£1,631
Private rents rose to an average of £1,631 in December 2024, an annual increase of 11.8% from £1,459 in December 2023. This was higher than the rise in London (11.5%) over the year.
£429,000
The average price paid by first-time buyers was £429,000 in November 2024 (provisional). This was 4.4% higher than the average of £411,000 in November 2023 (revised).
£508,000
For homes bought with a mortgage, the average house price was £508,000 in November 2024 (provisional). This was 4.1% higher than the average of £488,000 in November 2023 (revised).
Data last updated: 17 Feb 2025. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Redbridge, E09000026). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in IG1 4WP?
The graph below shows the five-year capital growth figures for properties for the IG1 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in IG1 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Essex?
Homebuyers
For homebuyers in Essex, the property market has seen steady growth in house prices over the past year. According to the latest data, the average house price in Essex is £351,000, with popular areas such as Chelmsford, Colchester, and Brentwood showing above-average price appreciation. The availability of housing stock in Essex is relatively stable, with a good variety of properties ranging from terraced houses to detached homes. However, competition among buyers remains high, especially in sought-after postcodes like CM1, CO1, and CM14. Homebuyers looking to purchase in Essex should be prepared to act quickly and make competitive offers to secure their desired property.
Renters
Rent prices in Essex have also been on the rise, with the average monthly rent for a two-bedroom property standing at around £1,200. Popular rental areas include Southend-on-Sea, Basildon, and Harlow, where demand for rental properties is high. Availability of rental stock in Essex is somewhat limited, particularly in desirable postcode regions like SS1, SS14, and CM20. Renters in Essex should be prepared to pay above-average prices and act quickly to secure a rental property in the current competitive market.
Investors
For investors looking to buy property in Essex, the market offers good potential for capital growth and rental yield. House prices have been steadily increasing, making Essex a profitable investment opportunity. Rental demand is strong in popular areas like Braintree, Billericay, and Witham, with average rental yields ranging from 4% to 6%. Availability of investment properties is moderate, with opportunities for buy-to-let properties in postcode regions such as CM7, CM11, and CM8. Investors in Essex should consider the long-term potential of the market and be prepared to act decisively to secure profitable properties.
Homebuyers
For homebuyers in Essex, the property market has seen steady growth in house prices over the past year. According to the latest data, the average house price in Essex is £351,000, with popular areas such as Chelmsford, Colchester, and Brentwood showing above-average price appreciation. The availability of housing stock in Essex is relatively stable, with a good variety of properties ranging from terraced houses to detached homes. However, competition among buyers remains high, especially in sought-after postcodes like CM1, CO1, and CM14. Homebuyers looking to purchase in Essex should be prepared to act quickly and make competitive offers to secure their desired property.
Renters
Rent prices in Essex have also been on the rise, with the average monthly rent for a two-bedroom property standing at around £1,200. Popular rental areas include Southend-on-Sea, Basildon, and Harlow, where demand for rental properties is high. Availability of rental stock in Essex is somewhat limited, particularly in desirable postcode regions like SS1, SS14, and CM20. Renters in Essex should be prepared to pay above-average prices and act quickly to secure a rental property in the current competitive market.
Investors
For investors looking to buy property in Essex, the market offers good potential for capital growth and rental yield. House prices have been steadily increasing, making Essex a profitable investment opportunity. Rental demand is strong in popular areas like Braintree, Billericay, and Witham, with average rental yields ranging from 4% to 6%. Availability of investment properties is moderate, with opportunities for buy-to-let properties in postcode regions such as CM7, CM11, and CM8. Investors in Essex should consider the long-term potential of the market and be prepared to act decisively to secure profitable properties.
Last updated on 31 Jul 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for IG1 4WP
Estimated yield for property investors
%
Yield
The estimated yield for the IG1 4WP postcode area is %, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in IG1 4WP?
The recently sold properties table lists homes around IG1 4WP that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 17 January 2023 | £250,000 | 155a Ley Street, Ilford, IG1 4BL | Flat/Maisonette | Leasehold |
| 31 March 2022 | £163,935 | 52 Saunders Close, Ilford, IG1 4DF | Flat/Maisonette | Leasehold |
| 30 September 1997 | £47,000 | 17b Thorold Road, Ilford, IG1 4EU | Flat/Maisonette | Leasehold |
| 09 February 2024 | £302,500 | 178 Thorold Road, Ilford, IG1 4EZ | Terraced | Freehold |
| 11 December 2020 | £220,000 | Vector Point, 1 5 Apartment 6 Hainault Bridge Parade, Ilford, IG1 4GF | Flat/Maisonette | Leasehold |
| 20 September 2022 | £338,500 | 35 Warwick Gardens, Ilford, IG1 4LE | Flat/Maisonette | Leasehold |
| 15 December 2023 | £315,000 | 23 Colombo Road, Ilford, IG1 4RH | Terraced | Freehold |
| 10 November 2023 | £420,000 | 84 Auckland Road, Ilford, IG1 4SF | Terraced | Freehold |
| 04 March 2024 | £510,000 | 30 Quebec Road, Ilford, IG1 4TT | Terraced | Freehold |
Nearby sold properties | ||||
| 24 October 2023 | £200,000 | Churchill Court Flat 6 Albert Road, Ilford, IG1 1NG | Flat/Maisonette | Leasehold |
| 18 January 2022 | £10,000 | 299 High Road, Ilford, IG1 1NR | Other | Leasehold |
| 20 November 2023 | £580,000 | 124 Park Road, Ilford, IG1 1SQ | Terraced | Freehold |
| 27 October 2023 | £525,000 | 12 South Park Road, Ilford, IG1 1SS | Semi-Detached | Freehold |
| 27 October 2023 | £360,000 | 70 Francis Avenue, Ilford, IG1 1TT | Terraced | Freehold |
| 10 October 2023 | £207,000 | 103 Lavender Place, Ilford, IG1 2BG | Flat/Maisonette | Leasehold |
| 07 October 2022 | £2,800,000 | Iris House, 5 Flat 2 Iris Close, Ilford, IG1 2BY | Other | Freehold |
| 01 November 2022 | £215,000 | Berberis Court Flat 26 Hyacinth Close, Ilford, IG1 2FT | Flat/Maisonette | Leasehold |
| 20 August 2003 | £209,995 | 12 Portland Terrace, Ilford, IG1 2GD | Terraced | Freehold |
| 28 July 2023 | £410,000 | 49 Mayville Road, Ilford, IG1 2HU | Terraced | Freehold |
| 25 March 2022 | £415,000 | 13 Hyacinth Close, Ilford, IG1 2LU | Terraced | Freehold |
| 04 March 2024 | £384,000 | 28 Harvey Road, Ilford, IG1 2NL | Terraced | Freehold |
| 24 May 2023 | £317,500 | 3 Pittman Gardens, Ilford, IG1 2QB | Terraced | Freehold |
| 27 November 2023 | £455,000 | 249 Mortlake Road, Ilford, IG1 2TD | Terraced | Leasehold |
| 01 December 2023 | £385,000 | 173 Henley Road, Ilford, IG1 2TP | Terraced | Freehold |
| 22 February 2024 | £150,000 | 10c York Road, Ilford, IG1 3AD | Flat/Maisonette | Leasehold |
| 06 November 2023 | £250,000 | 79 Belgrave Road, Ilford, IG1 3AL | Other | Freehold |
| 02 February 2024 | £222,500 | 20 Flat 4 Mansfield Road, Ilford, IG1 3AZ | Flat/Maisonette | Leasehold |
| 07 August 2023 | £453,000 | 9 Charles Church Walk, Ilford, IG1 3RZ | Terraced | Freehold |
| 18 March 2024 | £855,000 | 168 Wanstead Lane, Ilford, IG1 3SW | Terraced | Freehold |
| 14 December 2023 | £199,500 | 202 Wanstead Park Road, Ilford, IG1 3TR | Terraced | Freehold |
Please note that house prices for properties sold in and around IG1 4WP during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
