IG1 1RE is a residential postcode situated on Pelham Road, Ilford, IG1 with 24 addresses.
It ranks as the 340th largest and 8th most expensive of the 787 postcodes in the IG1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
IG1 1RE is a residential postcode situated on Pelham Road, Ilford, IG1 with 24 addresses.
It ranks as the 340th largest and 8th most expensive of the 787 postcodes in the IG1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £143,380 for 1 bedroom leasehold flats (312 ft2) to £171,156 for 1 bedroom leasehold flats (441 ft2) .
Monthly rental prices range from £1,012 pcm for 1 bed flats to £1,199 pcm for 1 bed flats.
The gross rental yield is between 8.4% and 8.5%.
The average value per square foot is £460.
The last sale in IG1 1RE sold for £125,000 on 14th October 2020. Since then prices are up an average of 67.3%.
The current average value in the postcode is £144,849.
The IG1 1RE Sales Market has increased by 11.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £144,849 |
| April 2025 | 2.7% | £146,754 |
| April 2024 | -0.1% | £142,938 |
| April 2023 | -1.9% | £143,095 |
| April 2022 | 6% | £145,809 |
| April 2021 | 3% | £137,608 |
| April 2020 | 0.6% | £133,657 |
| April 2019 | -2.7% | £132,880 |
| April 2018 | 0.3% | £136,543 |
| April 2017 | 4.4% | £136,085 |
| April 2016 | 16.9% | £130,388 |
| April 2015 | 15% | £111,503 |
| April 2014 | 11.6% | £96,980 |
| April 2013 | 4.2% | £86,928 |
| April 2012 | -2.1% | £83,423 |
| April 2011 | -0.8% | £85,225 |
| April 2010 | 0.3% | £85,905 |
| April 2009 | -14.7% | £85,685 |
| April 2008 | 4.8% | £100,433 |
| April 2007 | 0% | £95,857 |
The current average rental value in the postcode is £1,022.
The IG1 1RE Rental Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,022pcm |
| April 2025 | 3.9% | £983pcm |
| April 2024 | 8.6% | £945pcm |
| April 2023 | 15.4% | £871pcm |
| April 2022 | 4.3% | £754pcm |
| April 2021 | -1.1% | £723pcm |
| April 2020 | 1.1% | £731pcm |
| April 2019 | -0.8% | £723pcm |
| April 2018 | -1.7% | £729pcm |
| April 2017 | -2.8% | £742pcm |
| April 2016 | 6.4% | £763pcm |
| April 2015 | 10.7% | £718pcm |
| April 2014 | 4.9% | £648pcm |
| April 2013 | 5.7% | £618pcm |
| April 2012 | 2.9% | £585pcm |
| April 2011 | 7.2% | £568pcm |
| April 2010 | -3.8% | £530pcm |
| April 2009 | -3.5% | £551pcm |
| April 2008 | 8% | £571pcm |
| April 2007 | 0% | £528pcm |
The last sale was on 14th October 2020 for £125,000 and since then the market in the area has increased by 67.3%. The postcode has had a total of 3 sales since 1995.
IG1 1RE has seen no sales in the last three years and no sales in the last twelve months.
IG1 1RE is the 340th largest and the 8th most expensive postcode out of the 787 postcodes in the IG1 area.
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The closest station to IG1 1RE is Seven Kings station which is 600 metres away.
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