Madras Road - IG1 2EY
Key Postcode Insights
IG1 2EY is a residential postcode situated on Madras Road, Ilford, IG1 with 62 addresses.
It ranks as the 721st largest and 423rd most expensive of the 787 postcodes in the IG1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 62 properties: 36 houses and 26 flats.
- Ave. Sale Price
- £361,488
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £2,112pcm
- 10 Year change
- up 41.9%
- Ave. £ per ft²
- £502/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
IG1 2EY is a residential postcode situated on Madras Road, Ilford, IG1 with 62 addresses.
It ranks as the 721st largest and 423rd most expensive of the 787 postcodes in the IG1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 62 properties: 36 houses and 26 flats.
- Ave. Sale Price
- £361,488
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £2,112pcm
- 10 Year change
- up 41.9%
- Ave. £ per ft²
- £502/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin IG1 2EY
- 1 Madras Road
Building  |  4 Flats
- 2 Madras Road
3 Bed Period House
- 3 Madras Road
3 Bed Period House
- 4 Madras Road
4 Bed Period House
- 5 Madras Road
3 Bed Period House
Sales Market Trends
The last sale in IG1 2EY sold for £450,000 on 2nd December 2024. Since then prices are up an average of 1.5%.
The current average value in the postcode is £361,488.
The IG1 2EY Sales Market has increased by 14.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £361,488 |
| June 2025 | 2.3% | £365,450 |
| June 2024 | -1.3% | £357,179 |
| June 2023 | 0.6% | £361,766 |
| June 2022 | 4.7% | £359,461 |
| June 2021 | 4.5% | £343,363 |
| June 2020 | -0.5% | £328,661 |
| June 2019 | -0.7% | £330,208 |
| June 2018 | 1.3% | £332,472 |
| June 2017 | 3.5% | £328,072 |
| June 2016 | 18.5% | £317,130 |
| June 2015 | 13.6% | £267,621 |
| June 2014 | 16% | £235,566 |
| June 2013 | 2.4% | £203,060 |
| June 2012 | -0.3% | £198,261 |
| June 2011 | -0.4% | £198,840 |
| June 2010 | 5.6% | £199,617 |
| June 2009 | -14.7% | £188,965 |
| June 2008 | -1.3% | £221,407 |
| June 2007 | 0% | £224,239 |
Rental Market Trends
The current average rental value in the postcode is £2,112.
The IG1 2EY Rental Market has increased by 41.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £2,112pcm |
| June 2025 | 4.3% | £2,061pcm |
| June 2024 | 6% | £1,976pcm |
| June 2023 | 15.8% | £1,864pcm |
| June 2022 | 8.8% | £1,609pcm |
| June 2021 | 0.1% | £1,479pcm |
| June 2020 | -0.1% | £1,478pcm |
| June 2019 | 1.6% | £1,480pcm |
| June 2018 | 0.5% | £1,458pcm |
| June 2017 | -2.6% | £1,450pcm |
| June 2016 | 4.8% | £1,489pcm |
| June 2015 | 8.7% | £1,420pcm |
| June 2014 | 8.4% | £1,306pcm |
| June 2013 | 3.9% | £1,205pcm |
| June 2012 | 5.5% | £1,160pcm |
| June 2011 | 6.1% | £1,100pcm |
| June 2010 | 2.7% | £1,036pcm |
| June 2009 | -5.5% | £1,009pcm |
| June 2008 | 5.9% | £1,068pcm |
| June 2007 | 0% | £1,009pcm |
Sales History
The last sale was on 2nd December 2024 for £450,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 44 sales since 1995.
IG1 2EY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2024£450,000 | 3 Bed House11, Madras Road, Ilford, IG1 2EY11, Madras Road, Ilford, IG1 2EY
- Sold Jul 2016£345,000 | 3 Bed House20, Madras Road, Ilford, IG1 2EY20, Madras Road, Ilford, IG1 2EY
- Sold Mar 2016£249,000 | 3 Bed House7, Madras Road, Ilford, IG1 2EY7, Madras Road, Ilford, IG1 2EY
- Sold Dec 2015£340,000 | 3 Bed House11, Madras Road, Ilford, IG1 2EY11, Madras Road, Ilford, IG1 2EY
- Sold Apr 2015£165,000 | 3 Bed House5, Madras Road, Ilford, IG1 2EY5, Madras Road, Ilford, IG1 2EY
Nearby Postcodes
IG1 2EY is the 721st largest and the 423rd most expensive postcode out of the 787 postcodes in the IG1 area.
- IG1 2EX, Howard Road, Ilford, IG1IG1 2EX56 Addresses|58 m away
- IG1 2HA, Natal Road, Ilford, IG1IG1 2HA59 Addresses|67 m away
- IG1 2LQ, Ilford Lane, Ilford, IG1IG1 2LQ25 Addresses|80 m away
- IG1 2EZ, Madras Road, Ilford, IG1IG1 2EZ21 Addresses|85 m away
- IG1 2HB, Lowbrook Road, Ilford, IG1IG1 2HB39 Addresses|90 m away
Property Types
- 21 period houses built between 1800 and 1911
- 41 other addresses of unknown type
- period house (21)
- Unknown (41)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (9)
- G (0)
- D (14)
- No EPC (38)
Top 3 Most Expensive Sales
- Sold Dec 2024£450,000 | 3 Bed House11, Madras Road, Ilford, IG1 2EY11, Madras Road, Ilford, IG1 2EY
- Sold Jul 2016£345,000 | 3 Bed House20, Madras Road, Ilford, IG1 2EY20, Madras Road, Ilford, IG1 2EY
- Sold Dec 2015£340,000 | 3 Bed House11, Madras Road, Ilford, IG1 2EY11, Madras Road, Ilford, IG1 2EY
Schools Nearby
- Cleveland Road Primary School300 m away
- Uphall Primary School500 m away
- Dersingham Primary School800 m away
- Little Ilford School1.2 km away
- The Ursuline Academy Ilford1.2 km away
More reading links
Public Transport Nearby
The closest station to IG1 2EY is Ilford station, which is 800 metres away.
- Ilford|800 m away
- Barking|1.5 km away
