Housing Market Analysis for ILFORD LANE, IG1 2LZ

Are you looking to understand IG1 2LZ 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 2LZ area, explore the IG1 2LZ Area information page.
For comprehensive crime statistics in the IG1 2LZ area, explore the IG1 2LZ Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £280,000 median price is £280,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 370A ILFORD LANE: £280,000 (Sold on 11 Jun 2003)
    • The first recorded sale happened at this postcode is 370A ILFORD LANE: £280,000 (Sold on 11 Jun 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2LZ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£280,0001

All the Sales in the ILFORD LANE, IG1 2LZ

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

AddressSold DatePrice% Change
370A ILFORD LANETerraced, Freehold11 Jun 2003£280,000First Sale

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

ILFORD LANE, IG1 2LZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG1 2LZ 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 2LZ postcode.

  • Semi-Detached
    • The average price is around £184,669 median price is £146,000 Standard Deviation is £115,317 with Total Sold: 89
    • The Last 5 Year average price is £404,500 with Total Sold: 12
    • 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 , 49 AZALEA CLOSE: £78,995 (Sold on 06 Mar 1995)
  • Terraced
    • The average price is around £183,134 median price is £175,000 Standard Deviation is £111,332 with Total Sold: 3,618
    • The Last 5 Year average price is £387,368 with Total Sold: 329
    • 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)
  • Flat
    • The average price is around £108,226 median price is £81,500 Standard Deviation is £122,962 with Total Sold: 1,353
    • The Last 5 Year average price is £249,922 with Total Sold: 99
    • The most recent sale happened at this postcode is , 78A FANSHAWE AVENUE: £150,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 132 LOXFORD LANE: £47,725 (Sold on 20 Feb 1995)
  • Detached
    • The average price is around £313,071 median price is £320,000 Standard Deviation is £132,646 with Total Sold: 14
    • The Last 5 Year average price is £431,875 with Total Sold: 4
    • 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 £991,024 median price is £297,000 Standard Deviation is £1,766,509 with Total Sold: 36
    • The Last 5 Year average price is £853,826 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 , 55 PITTMAN GARDENS: £100,000 (Sold on 15 Nov 2012)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£486,5002
2023£371,000 £5,188 2
2022£382,500 £5,880 2
2021£410,000 £4,713 1
2020£440,000 £4,037 2
2019£361,333 £3,746 3
2018£337,500 £4,303 2
2015£350,000 £3,373 1
2012£281,000 £2,989 1
2009£210,000 £2,333 1
2007£244,499 £2,821 6
2006£229,998 £2,755 2
2005£218,250 £1,827 4
2004£201,750 £1,783 4
2003£187,812 £2,169 8
2002£147,300 £1,593 5
2001£129,750 £1,329 10
2000£179,500 £964 2
1999£91,088 £1,085 14
1998£79,625 £799 4
1997£80,580 £875 4
1996£70,498 £964 3
1995£72,582 £894 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£391,375 £3,593 20
2023£414,421 £4,549 51
2022£419,610 £4,875 59
2021£397,081 £4,668 85
2020£347,873 £4,167 65
2019£354,296 £4,275 49
2018£372,962 £4,252 52
2017£351,976 £4,122 62
2016£342,190 £3,930 75
2015£291,488 £3,363 101
2014£269,043 £3,194 88
2013£234,538 £2,751 67
2012£219,933 £2,691 55
2011£230,681 £2,462 61
2010£220,466 £2,592 59
2009£204,921 £2,368 42
2008£231,780 £2,516 80
2007£238,740 £2,804 174
2006£213,543 £2,644 190
2005£213,507 £2,470 139
2004£198,303 £2,527 195
2003£185,381 £2,289 201
2002£146,079 £1,783 185
2001£117,434 £1,389 190
2000£103,503 £1,332 191
1999£83,931 £1,005 237
1998£76,051 £926 238
1997£68,186 £871 231
1996£60,264 £789 239
1995£59,298 £723 137
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£219,944 £4,579 9
2023£393,227 £9,340 22
2022£221,917 £4,188 18
2021£189,579 £3,986 19
2020£206,423 £3,893 13
2019£212,878 £3,945 18
2018£226,763 £4,236 19
2017£214,023 £4,241 22
2016£198,043 £4,007 23
2015£147,405 £2,794 54
2014£150,100 £2,873 40
2013£133,458 £2,692 12
2012£128,150 £2,441 10
2011£118,786 £2,098 7
2010£114,800 £2,207 15
2009£111,538 £2,252 13
2008£171,619 £3,462 31
2007£153,836 £2,829 46
2006£145,030 £2,694 61
2005£138,560 £2,643 41
2004£147,005 £2,611 72
2003£113,144 £2,273 80
2002£90,467 £1,877 63
2001£74,109 £1,517 81
2000£66,269 £1,284 55
1999£54,849 £1,079 128
1998£52,657 £1,056 98
1997£46,949 £942 104
1996£40,788 £826 30
1995£47,453 £1,026 149
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2022£427,500 £7,858 1
2021£500,0001
2019£450,000 £3,333 1
2013£415,000 £2,643 2
2009£415,0001
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£447,800 £8,844 5
2022£1,925,999 £29,051 7
2021£392,500 £8,731 6
2020£176,0002
2019£403,3333
2018£729,000 £4,335 4
2017£5,100,0001
2016£2,280,9573
2015£358,3333
2013£5,0001
2012£100,000 £2,392 1

House Type in IG1 2LZ area

The most common house types in the IG1 2LZ postcode area are Terraced (58), Detached (21), and commercial building (14).

Total121
Terraced58
Detached21
commercial building14
Semi-detached10
Shared house10
Flat8
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 (66), and Owned: Owns outright (26).

Private rented: Private landlord or letting agency66
Owned: Owns outright26
Owned: Owns with a mortgage or loan15
Social rented: Other social rented7
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the IG1 2LZ have 1 person in household (26), and 4 people in household (24).

1 person in household26
4 people in household24
3 people in household21
2 people in household20
5 people in household13
6 people in household9
7 people in household6
8 or more people in household2
0 people in household0