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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
IG1 2BYHouse Prices / London, Redbridge, Iris Close
Last updated May 2026
Key Postcode Insights
IG1 2BY is a residential postcode situated on Iris Close, Ilford, IG1 with 7 addresses.
It ranks as the 100th largest and 535th most expensive of the 787 postcodes in the IG1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 4 houses and 3 flats.
7
Properties
- Houses
- Flats
Key Postcode Insights
IG1 2BY is a residential postcode situated on Iris Close, Ilford, IG1 with 7 addresses.
It ranks as the 100th largest and 535th most expensive of the 787 postcodes in the IG1 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 4 houses and 3 flats.
7
Properties
- Houses
- Flats
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House Pricesin IG1 2BY
Sale prices range from £256,019 for 2 bedroom Leasehold flats (581 ft2) to £467,772 for 3 bedroom freehold houses with a garden (1,130 ft2) .
Monthly rental prices range from £1,516 pcm for 2 bed flats to £2,883 pcm for 3 bed houses.
The gross rental yield is between 7.1% and 7.4%.
The average value per square foot is £414.
Average Sale Value
£377,021
Average Rental Value
£2,297 pcm
Average Rental Yield
7.3% /year
Average Value Per Sqft
£414 /ft2
Sales Market Trendsin IG1 2BY
The last sale in IG1 2BY sold for £2,800,000 on 7th October 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £377,021.
The IG1 2BY Sales Market has increased by 16.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £377,021 |
| April 2025 | 2% | £379,801 |
| April 2024 | -1.6% | £372,391 |
| April 2023 | 2.2% | £378,337 |
| April 2022 | 4.4% | £370,371 |
| April 2021 | 3% | £354,769 |
| April 2020 | -1.6% | £344,362 |
| April 2019 | -0.1% | £349,805 |
| April 2018 | 3.5% | £350,043 |
| April 2017 | 4.5% | £338,179 |
| April 2016 | 21.5% | £323,640 |
| April 2015 | 15.2% | £266,393 |
| April 2014 | 13.4% | £231,198 |
| April 2013 | 3.1% | £203,916 |
| April 2012 | 0.4% | £197,777 |
| April 2011 | -0.2% | £196,911 |
| April 2010 | 3.1% | £197,270 |
| April 2009 | -16.2% | £191,353 |
| April 2008 | 1.7% | £228,278 |
| April 2007 | 0% | £224,562 |
Rental Market Trendsin IG1 2BY
The current average rental value in the postcode is £2,297.
The IG1 2BY Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £2,297pcm |
| April 2025 | 4.3% | £2,207pcm |
| April 2024 | 6.8% | £2,116pcm |
| April 2023 | 16.5% | £1,980pcm |
| April 2022 | 7.5% | £1,700pcm |
| April 2021 | -0.3% | £1,582pcm |
| April 2020 | 1% | £1,586pcm |
| April 2019 | 0.9% | £1,570pcm |
| April 2018 | -0.1% | £1,556pcm |
| April 2017 | -2.7% | £1,557pcm |
| April 2016 | 6.6% | £1,601pcm |
| April 2015 | 10.2% | £1,502pcm |
| April 2014 | 6.6% | £1,362pcm |
| April 2013 | 6.1% | £1,277pcm |
| April 2012 | 4.7% | £1,204pcm |
| April 2011 | 7.3% | £1,150pcm |
| April 2010 | 0.5% | £1,071pcm |
| April 2009 | -6.2% | £1,066pcm |
| April 2008 | 6.2% | £1,136pcm |
| April 2007 | 0% | £1,070pcm |
Properties and Buildingsin IG1 2BY, Iris Close, Ilford, IG1
- Iris House, Iris Close, Ilford, IG1 Modern building 3 units
- 1, Iris Close, Ilford, IG1 2BY3 bed modern house
- 2, Iris Close, Ilford, IG1 2BY3 bed modern house
- 3, Iris Close, Ilford, IG1 2BY3 bed modern house
- 4, Iris Close, Ilford, IG1 2BY3 bed modern house
Sales Historyin IG1 2BY
The last sale was on 7th October 2022 for £2,800,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
IG1 2BY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto IG1 2BY
IG1 2BY is the 100th largest and the 535th most expensive postcode out of the 787 postcodes in the IG1 area.
- 71 mIG1 2HZ, Daffodil Gardens, Ilford, IG1IG1 2HZ56 Addresses
- 71 mIG1 2JW, Daffodil Gardens, Ilford, IG1IG1 2JW52 Addresses
- 87 mIG1 2BQ, Lavender Place, Ilford, IG1IG1 2BQ56 Addresses
- 111 mIG1 2HN, Baxter Road, Ilford, IG1IG1 2HN25 Addresses
- 134 mIG1 2HW, Pretoria Road, Ilford, IG1IG1 2HW41 Addresses
- 169 mIG1 2HS, Baden Road, Ilford, IG1IG1 2HS45 Addresses
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Property Typesin IG1 2BY
- 4 modern houses built after 1980
- 3 modern flats built after 1980
- modern house (4)
- modern flat (3)
Energy Efficiencyof properties in IG1 2BY
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (6)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Saleson Iris Close
Schools Nearbyto IG1 2BY
The nearest primary school to IG1 2BY is Uphall Primary School which is 205 metres away.
- 205mUphall Primary School
- 582mDersingham Primary School
- 694mSt Winefride's RC Primary School
The nearest secondary school is Little Ilford School which is 818 metres away.
- 818mLittle Ilford School
- 1.6kmThe Ursuline Academy Ilford
- 1.7kmPlashet, City of London Academy
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Public Transport Nearbyto IG1 2BY
The closest station to IG1 2BY is Ilford station which is 1.2 kilometres away.
- 1.2kmIlford
- 1.2kmBarking
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