Housing Market Analysis for ILFORD LANE, IG1 2LR

Are you looking to understand IG1 2LR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Redbridge postcode.

For the location information and nearby amenities in the IG1 2LR area, explore the IG1 2LR Area information page.
For comprehensive crime statistics in the IG1 2LR area, explore the IG1 2LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG1 2LR postcode area, The average prices are as follows,

  • Other
    • The average price is around £306,000 median price is £444,000 Standard Deviation is £195,161 with Total Sold: 3
    • The Last 5 Year average price is £306,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 314A ILFORD LANE: £444,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is GROUND FLOOR SHOP, 300 ILFORD LANE: £30,000 (Sold on 17 May 2021)
  • Flat
    • The average price is around £54,000 median price is £54,000 Standard Deviation is £5,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 310A ILFORD LANE: £59,000 (Sold on 23 Feb 2001)
    • The first recorded sale happened at this postcode is 310A ILFORD LANE: £49,000 (Sold on 05 Nov 1999)
  • Terraced
    • The average price is around £340,000 median price is £340,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 300 ILFORD LANE: £340,000 (Sold on 30 Nov 1999)
    • The first recorded sale happened at this postcode is 300 ILFORD LANE: £340,000 (Sold on 30 Nov 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2LR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£306,000 £6,831 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£59,000 £1,405 1
1999£49,000 £1,167 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£340,0001

All the Sales in the ILFORD LANE, IG1 2LR

See the table below for more details on the sold house prices in the IG1 2LR, Redbridge postcode.

AddressSold DatePrice% Change
314A ILFORD LANEOther, FreeholdArea: 65 Sq.mtrAge: 1950-196630 Jun 2021£444,0000.0
30 Jun 2021£444,000First Sale
GROUND FLOOR SHOP, 300 ILFORD LANEOther, Leasehold17 May 2021£30,000First Sale
310A ILFORD LANEFlat, LeaseholdArea: 42 Sq.mtrAge: 1900-192923 Feb 2001£59,00020.41%
05 Nov 1999£49,000First Sale
300 ILFORD LANETerraced, Freehold30 Nov 1999£340,000First Sale

Check out the sold house prices near the IG1 2LR postcode. Properties currently for saleProperties currently for rent

ILFORD LANE, IG1 2LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG1 2LR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IG1 2LR postcode.

  • Flat
    • The average price is around £105,677 median price is £70,000 Standard Deviation is £154,829 with Total Sold: 795
    • The Last 5 Year average price is £295,250 with Total Sold: 56
    • The most recent sale happened at this postcode is FLAT 2, 4 HAMILTON ROAD: £215,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 22, SPRINGFIELD COURT FORSYTHIA CLOSE: £42,500 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £195,046 median price is £180,000 Standard Deviation is £114,385 with Total Sold: 82
    • The Last 5 Year average price is £411,400 with Total Sold: 10
    • The most recent sale happened at this postcode is , 18 TULIP GARDENS: £425,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 RUTLAND ROAD: £63,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £185,706 median price is £178,000 Standard Deviation is £114,093 with Total Sold: 3,870
    • The Last 5 Year average price is £393,433 with Total Sold: 367
    • The most recent sale happened at this postcode is , 66 WINGATE ROAD: £430,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 WINGATE ROAD: £58,700 (Sold on 05 Jan 1995)
  • Detached
    • The average price is around £251,800 median price is £255,000 Standard Deviation is £104,768 with Total Sold: 10
    • The Last 5 Year average price is £388,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 1A VINE GARDENS: £350,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 21 JASMINE CLOSE: £92,500 (Sold on 02 Sep 1996)
  • Other
    • The average price is around £956,523 median price is £330,000 Standard Deviation is £1,725,258 with Total Sold: 38
    • The Last 5 Year average price is £870,391 with Total Sold: 23
    • The most recent sale happened at this postcode is , 227A ILFORD LANE: £1,190,000 (Sold on 12 Oct 2023)
    • The first recorded sale happened at this postcode is GROUND FLOOR SHOP, 198 ILFORD LANE: £5,000 (Sold on 01 Nov 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£237,7508
2023£591,150 £16,854 10
2022£222,625 £4,135 12
2021£201,036 £4,188 14
2020£204,250 £3,366 4
2019£302,188 £4,065 8
2018£222,143 £4,360 7
2017£224,000 £4,345 11
2016£208,200 £4,271 10
2015£192,167 £3,820 15
2014£149,096 £2,797 26
2013£115,500 £2,592 3
2012£127,000 £2,329 9
2011£119,833 £2,150 6
2010£132,812 £2,241 8
2009£118,625 £2,375 8
2008£187,816 £3,702 19
2007£161,600 £2,603 25
2006£146,473 £2,673 37
2005£153,129 £2,547 19
2004£134,680 £2,363 25
2003£117,234 £2,140 38
2002£95,768 £2,071 42
2001£72,052 £1,376 47
2000£67,356 £1,323 32
1999£56,572 £1,023 50
1998£48,858 £915 32
1997£47,129 £946 97
1996£43,669 £835 26
1995£47,460 £1,029 147
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,0001
2023£402,500 £5,067 2
2022£490,000 £5,213 1
2021£410,000 £4,713 1
2020£500,000 £4,587 1
2019£371,000 £3,831 4
2018£337,500 £4,303 2
2017£470,000 £4,801 1
2015£316,500 £3,233 1
2012£281,000 £2,989 1
2009£210,000 £2,333 1
2008£212,500 £2,713 1
2007£251,167 £3,292 6
2006£229,998 £2,755 2
2005£223,250 £2,629 4
2004£219,750 £1,730 4
2003£199,375 £2,314 8
2002£159,375 £1,879 4
2001£132,389 £1,150 9
2000£163,000 £1,295 3
1999£91,744 £1,062 8
1998£78,999 £864 6
1997£93,440 £1,019 3
1996£67,748 £964 2
1995£73,166 £753 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£391,457 £3,593 23
2023£421,003 £4,573 63
2022£423,371 £4,869 62
2021£399,715 £4,600 96
2020£354,217 £4,226 68
2019£366,454 £4,371 55
2018£381,456 £4,190 56
2017£355,091 £3,975 66
2016£343,775 £3,922 80
2015£295,429 £3,314 112
2014£269,375 £3,167 89
2013£238,089 £2,782 68
2012£220,885 £2,606 65
2011£232,559 £2,475 69
2010£219,246 £2,615 65
2009£216,613 £2,356 55
2008£239,659 £2,533 86
2007£240,175 £2,839 176
2006£215,266 £2,657 193
2005£215,038 £2,481 144
2004£202,483 £2,506 190
2003£187,207 £2,298 207
2002£147,715 £1,720 214
2001£120,340 £1,450 221
2000£104,605 £1,346 200
1999£85,697 £961 234
1998£74,079 £914 246
1997£68,538 £858 247
1996£60,237 £788 257
1995£59,751 £736 163
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2022£427,500 £7,858 1
2013£330,000 £2,643 1
2007£272,500 £2,628 2
2006£235,000 £3,026 1
2002£178,000 £1,281 1
2001£275,0001
1999£85,000 £1,323 1
1996£92,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£482,000 £7,293 5
2022£1,642,444 £29,051 9
2021£395,000 £10,336 5
2020£176,0002
2019£250,0002
2018£729,000 £4,335 4
2017£2,620,000 £2,456 2
2016£1,590,574 £3,837 5
2015£62,5002
2014£90,000 £2,143 1
2013£5,0001

House Type in IG1 2LR area

The most common house types in the IG1 2LR postcode area are Terraced (75), Semi-detached (23), and Detached (17).

Total136
Terraced75
Semi-detached23
Detached17
Shared house12
Flat5
commercial building4
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (60), and Owned: Owns with a mortgage or loan (41).

Private rented: Private landlord or letting agency60
Owned: Owns with a mortgage or loan41
Owned: Owns outright31
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the IG1 2LR have 4 people in household (26), and 3 people in household (25).

4 people in household26
3 people in household25
2 people in household23
5 people in household21
6 people in household14
1 person in household9
8 or more people in household9
7 people in household3
0 people in household0