Housing Market Analysis for ILFORD LANE, IG1 2RZ

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

Overview of Sold House prices

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

  • Other
    • The average price is around £435,667 median price is £107,000 Standard Deviation is £534,862 with Total Sold: 3
    • The Last 5 Year average price is £648,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 231 ILFORD LANE: £107,000 (Sold on 12 Feb 2020)
    • The first recorded sale happened at this postcode is 227A ILFORD LANE: £1,190,000 (Sold on 12 Oct 2023)
  • Terraced
    • The average price is around £215,400 median price is £214,000 Standard Deviation is £95,141 with Total Sold: 5
    • The most recent sale happened at this postcode is 229A ILFORD LANE: £250,000 (Sold on 25 Nov 2014)
    • The first recorded sale happened at this postcode is 225A ILFORD LANE: £118,000 (Sold on 24 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average IG1 2RZ 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
2020£107,0001
2016£10,0001
2023£1,190,000 £14,000 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£250,000 £2,976 1
2003£375,000 £9,615 1
2000£120,000 £1,429 1
1999£166,000 £1,422 2

All the Sales in the ILFORD LANE, IG1 2RZ

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

AddressSold DatePrice% Change
231 ILFORD LANEOther, Leasehold12 Feb 2020£107,000970.00%
22 Nov 2016£10,000-95.33%
13 Sep 1999£214,000First Sale
229A ILFORD LANETerraced, FreeholdArea: 84 Sq.mtrAge: 1900-192925 Nov 2014£250,000108.33%
18 Feb 2000£120,000First Sale
219A ILFORD LANETerraced, FreeholdArea: 39 Sq.mtrAge: 1930-194910 Jan 2003£375,000First Sale
225A ILFORD LANETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-192924 Jun 1999£118,000First Sale
227A ILFORD LANEOther, FreeholdArea: 85 Sq.mtrAge: 1900-192912 Oct 2023£1,190,000First Sale

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

ILFORD LANE, IG1 2RZ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £108,657 median price is £79,995 Standard Deviation is £156,449 with Total Sold: 781
    • The Last 5 Year average price is £281,760 with Total Sold: 60
    • 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 , 113A RICHMOND ROAD: £36,500 (Sold on 14 Mar 1995)
  • Terraced
    • The average price is around £194,898 median price is £185,000 Standard Deviation is £119,710 with Total Sold: 3,455
    • The Last 5 Year average price is £404,072 with Total Sold: 352
    • The most recent sale happened at this postcode is , 145 GRANGE ROAD: £400,000 (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 £347,500 median price is £330,000 Standard Deviation is £191,848 with Total Sold: 11
    • 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 , 57A GROSVENOR ROAD: £135,000 (Sold on 28 Nov 1997)
  • Semi-Detached
    • The average price is around £198,480 median price is £182,500 Standard Deviation is £112,399 with Total Sold: 52
    • The Last 5 Year average price is £399,417 with Total Sold: 6
    • The most recent sale happened at this postcode is , 18 ALBERT ROAD: £537,500 (Sold on 23 Apr 2024)
    • The first recorded sale happened at this postcode is , 11 RUTLAND ROAD: £63,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £690,559 median price is £140,000 Standard Deviation is £1,550,988 with Total Sold: 41
    • The Last 5 Year average price is £747,393 with Total Sold: 26
    • The most recent sale happened at this postcode is , 57 WOODLANDS ROAD: £37,236 (Sold on 14 Dec 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£240,2867
2023£567,250 £16,465 10
2022£215,833 £4,131 9
2021£200,526 £4,387 19
2020£204,220 £3,953 5
2019£277,750 £4,378 10
2018£193,772 £4,805 11
2017£222,400 £4,532 10
2016£182,273 £4,009 11
2015£161,864 £3,541 22
2014£146,375 £2,809 28
2013£129,500 £3,220 5
2012£114,188 £2,362 8
2011£92,700 £1,855 5
2010£120,583 £2,398 6
2009£142,286 £2,343 7
2008£180,737 £3,787 25
2007£161,335 £2,953 26
2006£154,274 £2,745 31
2005£149,582 £3,023 30
2004£135,276 £2,514 30
2003£113,480 £2,174 35
2002£101,099 £2,254 37
2001£71,415 £1,450 48
2000£61,657 £1,281 35
1999£55,999 £1,057 48
1998£49,547 £906 31
1997£40,772 £811 31
1996£40,178 £812 24
1995£47,455 £1,029 177
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£381,375 £3,672 28
2023£426,667 £4,537 58
2022£432,221 £4,798 61
2021£413,579 £4,465 100
2020£365,467 £4,099 53
2019£379,135 £4,339 52
2018£378,438 £4,029 52
2017£359,088 £3,792 64
2016£344,276 £3,810 76
2015£301,416 £3,250 102
2014£280,160 £3,020 83
2013£239,537 £2,679 68
2012£228,367 £2,460 64
2011£236,898 £2,441 63
2010£218,837 £2,576 63
2009£220,554 £2,292 50
2008£246,526 £2,490 73
2007£255,306 £2,839 159
2006£222,837 £2,563 172
2005£217,908 £2,416 131
2004£207,457 £2,386 169
2003£189,812 £2,226 191
2002£152,393 £1,710 196
2001£124,391 £1,397 220
2000£105,978 £1,246 171
1999£86,216 £885 206
1998£75,347 £861 201
1997£67,765 £781 198
1996£58,568 £694 200
1995£57,264 £630 131
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2022£427,500 £7,858 1
2018£550,000 £11,049 2
2013£330,000 £2,643 1
2007£442,500 £9,440 2
2006£235,000 £3,026 1
2001£275,0001
1999£85,000 £1,323 1
1997£135,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£537,5001
2023£402,500 £5,067 2
2019£351,333 £3,717 3
2018£345,000 £3,450 1
2017£470,000 £4,801 1
2015£316,500 £3,233 1
2011£160,000 £1,383 1
2010£195,000 £1,910 2
2008£212,500 £2,713 1
2007£250,000 £3,948 2
2006£256,665 £2,755 3
2005£220,000 £2,809 1
2004£235,000 £1,623 2
2003£214,200 £2,585 5
2002£155,000 £1,824 1
2001£128,812 £1,178 8
2000£153,250 £1,295 4
1999£104,488 £1,011 4
1998£77,999 £836 5
1997£132,5002
1996£65,0001
1995£63,000 £414 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£326,373 £5,474 6
2022£1,642,444 £29,051 9
2021£300,167 £9,437 6
2020£176,0002
2019£179,6673
2018£122,600 £2,176 3
2017£113,333 £2,456 3
2016£1,590,574 £3,837 5
2015£62,5002
2014£90,000 £2,143 1
2013£5,0001

House Type in IG1 2RZ area

The most common house types in the IG1 2RZ postcode area are Flat (48), Terraced (38), and commercial building (17).

Total128
Flat48
Terraced38
commercial building17
Shared house13
Semi-detached8
Detached3
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (64), and Owned: Owns with a mortgage or loan (21).

Private rented: Private landlord or letting agency64
Owned: Owns with a mortgage or loan21
Owned: Owns outright17
Social rented: Rents from council or Local Authority15
Private rented: Other private rented4
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the IG1 2RZ have 4 people in household (30), and 1 person in household (25).

4 people in household30
1 person in household25
2 people in household25
3 people in household19
5 people in household13
6 people in household5
7 people in household5
8 or more people in household2
0 people in household0