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Property Price Trends
Clarence Avenue, Ilford, Redbridge, Greater London
IG2 6FB
What are the historical property price trends?
Explore the yearly trends in property prices for the IG2 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
IG2
Most Expensive Property
£687,000
20 Southwood Gardens, IG2 6YF
Sold: 01 March 2024
Cheapest Property
£130,000
Norman Court, 42 Flat 4 Lynn Road, IG2 7DS
Sold: 13 March 2024
£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 IG2 6FB?
The graph below shows the five-year capital growth figures for properties for the IG2 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 IG2 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Essex?
For Homebuyers:
Essex, known for its beautiful countryside and close proximity to London, has seen a steady increase in house prices in recent years. According to the latest data, the average house price in Essex is around £375,000, with popular areas such as Chelmsford (CM1) and Colchester (CO1) commanding higher prices due to their excellent transport links and amenities. The housing stock in Essex is diverse, ranging from period properties to new developments, providing plenty of options for homebuyers.
For Renters:
Rent prices in Essex have been on the rise, with the average monthly rent for a two-bedroom property standing at around £1,200. Areas like Brentwood (CM14) and Southend-on-Sea (SS1) are popular among renters for their vibrant communities and access to amenities. Availability of rental properties in Essex can vary, with demand often outstripping supply in popular areas. It is advisable for renters to act quickly when a suitable property becomes available.
For Investors:
Investors looking to enter the property market in Essex have plenty of opportunities to explore. With average rental yields of around 4-5%, Essex offers a competitive return on investment. Areas like Basildon (SS14) and Harlow (CM20) are worth considering for investors, as they have shown strong rental demand and capital growth potential. The popularity of Essex as a commuter belt for London is also a factor that attracts investors looking for long-term returns.
For Homebuyers:
Essex, known for its beautiful countryside and close proximity to London, has seen a steady increase in house prices in recent years. According to the latest data, the average house price in Essex is around £375,000, with popular areas such as Chelmsford (CM1) and Colchester (CO1) commanding higher prices due to their excellent transport links and amenities. The housing stock in Essex is diverse, ranging from period properties to new developments, providing plenty of options for homebuyers.
For Renters:
Rent prices in Essex have been on the rise, with the average monthly rent for a two-bedroom property standing at around £1,200. Areas like Brentwood (CM14) and Southend-on-Sea (SS1) are popular among renters for their vibrant communities and access to amenities. Availability of rental properties in Essex can vary, with demand often outstripping supply in popular areas. It is advisable for renters to act quickly when a suitable property becomes available.
For Investors:
Investors looking to enter the property market in Essex have plenty of opportunities to explore. With average rental yields of around 4-5%, Essex offers a competitive return on investment. Areas like Basildon (SS14) and Harlow (CM20) are worth considering for investors, as they have shown strong rental demand and capital growth potential. The popularity of Essex as a commuter belt for London is also a factor that attracts investors looking for long-term returns.
Last updated on 30 Apr 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 IG2 6FB
Estimated yield for property investors
%
Yield
The estimated yield for the IG2 6FB 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 IG2 6FB?
The recently sold properties table lists homes around IG2 6FB 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 |
|---|---|---|---|---|
| 08 November 2023 | £255,000 | City Gate House, 399 425 Flat 104 Eastern Avenue, Ilford, IG2 6BF | Flat/Maisonette | Leasehold |
| 26 February 2024 | £175,000 | Arodene House, 41 55 Flat 55 Perth Road, Ilford, IG2 6FL | Flat/Maisonette | Leasehold |
| 13 February 2020 | £500,000 | Invito House, 1 7 10 Bramley Crescent, Ilford, IG2 6JS | Flat/Maisonette | Leasehold |
| 26 February 2024 | £177,500 | Invito House, 1 7 106 Bramley Crescent, Ilford, IG2 6NU | Flat/Maisonette | Leasehold |
| 27 May 2022 | £535,000 | 81 Gantshill Crescent, Ilford, IG2 6TS | Terraced | Freehold |
| 18 December 2023 | £450,000 | 137 Woodford Avenue, Ilford, IG2 6UY | Semi-Detached | Freehold |
| 01 March 2024 | £687,000 | 20 Southwood Gardens, Ilford, IG2 6YF | Semi-Detached | Freehold |
| 07 March 2024 | £480,000 | 10 Kimberley Avenue, Ilford, IG2 7AT | Terraced | Freehold |
| 13 March 2024 | £130,000 | Norman Court, 42 Flat 4 Lynn Road, Ilford, IG2 7DS | Flat/Maisonette | Leasehold |
| 31 October 2023 | £571,000 | 15 Leyswood Drive, Ilford, IG2 7JE | Terraced | Freehold |
| 18 December 2023 | £425,000 | 1 Perkins Road, Ilford, IG2 7NJ | Terraced | Freehold |
| 30 November 2023 | £675,000 | 18 Crownfield Avenue, Ilford, IG2 7RR | Terraced | Freehold |
| 02 January 2024 | £575,000 | 807 Eastern Avenue, Ilford, IG2 7RY | Semi-Detached | Freehold |
| 31 October 2023 | £470,000 | 879 Eastern Avenue, Ilford, IG2 7SA | Terraced | Freehold |
| 03 November 2023 | £355,000 | 11 Torbitt Way, Ilford, IG2 7TA | Terraced | Leasehold |
| 21 June 2019 | £175,000 | 42a Bawdsey Avenue, Ilford, IG2 7TJ | Other | Freehold |
Please note that house prices for properties sold in and around IG2 6FB 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
