Ilford property prices

The average property price in Ilford postcode area is £480k. The average price increased by £25.5k (6%) over the last twelve months. The price of an established property is £490k. The price of a newly built property is £359k. There were 2.1k property sales and sales dropped by 32.8% (-1.2k transactions). Most properties were sold in the £500k-£750k price range with 529 (24.7%) properties sold, followed by £400k-£500k price range with 489 (22.9%) properties sold.

March 2020 - February 2021

Ilford postcode area

England and Wales

£480k

average property price

£320k

average property price

6%

average price percentage change

8%

average price percentage change

£25.5k

average price change

£22.6k

average price change

Ilford house prices map

This price map shows the average property price in a given postcode sector between March 2020 - February 2021. The most affordable place was 'IG11 7' with the average price of £271k. The most expensive place was 'IG10 1', £816k.

Ilford house prices map

Ilford house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between March 2020 - February 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Ilford house prices compared to other areasAverage price percentage change
Average property price

Ilford house price rank

With the average price of £480k, Ilford is the 18. most pricey postcode area out of 105 England and Wales' postcode areas.

Ilford house price rank

Ilford property sales share by price range

shows a number of properties sold in a given price range between March 2020 - February 2021.

Ilford property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.6%13
£100k-£150k1.1%24
£150k-£200k3.5%74
£200k-£250k6.3%134
£250k-£300k9.0%193
£300k-£400k22.4%479
£400k-£500k22.9%489
£500k-£750k24.7%529
£750k-£1M6.0%129
over £1M3.6%76

Ilford cost comparison of new homes and older homes

March 2020 - February 2021

Ilford cost comparison of new homes and older homes

£359k

A newly built property

£490k

An established property

Ilford cost comparison of houses and flats

March 2020 - February 2021

Ilford cost comparison of houses and flats

£956k

Detached

£295k

Flat

£575k

Semi-Detached

£467k

Terraced

Ilford real house prices

Yearly average nominal house prices adjusted for inflation.

Ilford real house prices

Ilford house prices compared to England & Wales' house prices

Yearly average nominal prices

Ilford house prices

Ilford house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Ilford house prices and nearby areas

Yearly average nominal prices

Ilford house prices and nearby areas

Ilford house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Ilford house prices new vs established

Ilford house prices by property type

Yearly average nominal prices

Ilford house prices by property type

Ilford house price to earnings ratio

The median property price to median earnings ratio is ranging between 12 in Epping Forest and 12.2 in Redbridge. Ie. Epping Forest resident with middle-income needs 12 gross annual salaries to buy a medium-priced property. Resident in Redbridge needs 12.2 annual salaries. The England and Wales ratio was 7.7 in 2019.
Ilford house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Epping Forest12
Redbridge12.2

Other reports for Ilford postcode area

new home prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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