IG1 2EZ is a residential postcode situated on Madras Road, Ilford, IG1 with 21 addresses.
It ranks as the 306th largest and 47th 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 21 properties: 21 flats.
IG1 2EZ is a residential postcode situated on Madras Road, Ilford, IG1 with 21 addresses.
It ranks as the 306th largest and 47th 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 21 properties: 21 flats.
Sale prices range from £176,456 for 1 bedroom leasehold flats (344 ft2) to £216,262 for 2 bedroom leasehold flats (484 ft2) .
Monthly rental prices range from £1,169 pcm for 1 bed flats to £1,444 pcm for 2 bed flats.
The gross rental yield is between 7.8% and 8.0%.
The average value per square foot is £453.
The last sale in IG1 2EZ sold for £196,000 on 30th September 2021. Since then prices are up an average of 4.7%.
The current average value in the postcode is £201,342.
The IG1 2EZ Sales Market has increased by 8.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £201,342 |
| April 2025 | 2.2% | £205,158 |
| April 2024 | -0.3% | £200,812 |
| April 2023 | -0.7% | £201,429 |
| April 2022 | 4.6% | £202,858 |
| April 2021 | 1.8% | £193,916 |
| April 2020 | -1% | £190,422 |
| April 2019 | -1.5% | £192,404 |
| April 2018 | 1.4% | £195,279 |
| April 2017 | 4% | £192,617 |
| April 2016 | 18.3% | £185,172 |
| April 2015 | 15% | £156,507 |
| April 2014 | 11.6% | £136,037 |
| April 2013 | 3.6% | £121,913 |
| April 2012 | -1.2% | £117,720 |
| April 2011 | -0.7% | £119,133 |
| April 2010 | 1.2% | £119,950 |
| April 2009 | -15.6% | £118,543 |
| April 2008 | 3% | £140,378 |
| April 2007 | 0% | £136,235 |
The current average rental value in the postcode is £1,324.
The IG1 2EZ Rental Market has increased by 33.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,324pcm |
| April 2025 | 3.8% | £1,274pcm |
| April 2024 | 7.4% | £1,227pcm |
| April 2023 | 15.8% | £1,142pcm |
| April 2022 | 5.3% | £986pcm |
| April 2021 | -1.9% | £936pcm |
| April 2020 | 1.1% | £955pcm |
| April 2019 | -0.2% | £944pcm |
| April 2018 | -0.8% | £946pcm |
| April 2017 | -3.8% | £954pcm |
| April 2016 | 6.2% | £991pcm |
| April 2015 | 10.2% | £933pcm |
| April 2014 | 5.3% | £847pcm |
| April 2013 | 5.9% | £804pcm |
| April 2012 | 3.1% | £759pcm |
| April 2011 | 7.1% | £736pcm |
| April 2010 | -2.5% | £687pcm |
| April 2009 | -4.4% | £705pcm |
| April 2008 | 6.6% | £738pcm |
| April 2007 | 0% | £692pcm |
The last sale was on 30th September 2021 for £196,000 and since then the market in the area has increased by 4.7%. The postcode has had a total of 8 sales since 1995.
IG1 2EZ has seen no sales in the last three years and no sales in the last twelve months.
IG1 2EZ is the 306th largest and the 47th most expensive postcode out of the 787 postcodes in the IG1 area.
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The closest station to IG1 2EZ is Ilford station which is 900 metres away.
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