Medway Close - IG1 2PW
Key Postcode Insights
IG1 2PW is a residential postcode situated on Medway Close, Ilford, IG1 with 43 addresses.
It ranks as the 592nd largest and 254th most expensive of the 787 postcodes in the IG1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 43 properties: 9 houses and 34 flats.
- Ave. Sale Price
- £324,901
- 10 Year change
- up 7.6%
- Ave. Rental Price
- £1,917pcm
- 10 Year change
- up 44.6%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
IG1 2PW is a residential postcode situated on Medway Close, Ilford, IG1 with 43 addresses.
It ranks as the 592nd largest and 254th most expensive of the 787 postcodes in the IG1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 43 properties: 9 houses and 34 flats.
- Ave. Sale Price
- £324,901
- 10 Year change
- up 7.6%
- Ave. Rental Price
- £1,917pcm
- 10 Year change
- up 44.6%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin IG1 2PW
- 23 Medway Close
Unknown
- 24 Medway Close
Unknown
- 25 Medway Close
Unknown
- 26 Medway Close
3 Bed Mid-century Flat
- 27 Medway Close
3 Bed Mid-century Flat
Sales Market Trends
The last sale in IG1 2PW sold for £220,000 on 1st March 2023. Since then prices are down an average of 3.5%.
The current average value in the postcode is £324,901.
The IG1 2PW Sales Market has increased by 7.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £324,901 |
| June 2025 | 0.6% | £325,402 |
| June 2024 | -3% | £323,322 |
| June 2023 | 0.8% | £333,346 |
| June 2022 | 4.4% | £330,708 |
| June 2021 | 4.8% | £316,726 |
| June 2020 | 0% | £302,102 |
| June 2019 | -1.4% | £302,002 |
| June 2018 | 0.2% | £306,412 |
| June 2017 | 1.3% | £305,860 |
| June 2016 | 21.6% | £301,856 |
| June 2015 | 16.3% | £248,200 |
| June 2014 | 13.8% | £213,487 |
| June 2013 | 1.6% | £187,675 |
| June 2012 | -1% | £184,737 |
| June 2011 | 1.1% | £186,690 |
| June 2010 | 3.2% | £184,603 |
| June 2009 | -13.6% | £178,795 |
| June 2008 | -0.7% | £206,890 |
| June 2007 | 0% | £208,441 |
Rental Market Trends
The current average rental value in the postcode is £1,917.
The IG1 2PW Rental Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,917pcm |
| June 2025 | 4.3% | £1,842pcm |
| June 2024 | 6.3% | £1,765pcm |
| June 2023 | 15.4% | £1,661pcm |
| June 2022 | 8.2% | £1,440pcm |
| June 2021 | 0% | £1,330pcm |
| June 2020 | 1.1% | £1,330pcm |
| June 2019 | 1.8% | £1,316pcm |
| June 2018 | 0.2% | £1,293pcm |
| June 2017 | -2.6% | £1,290pcm |
| June 2016 | 6.1% | £1,326pcm |
| June 2015 | 8.5% | £1,249pcm |
| June 2014 | 8.9% | £1,151pcm |
| June 2013 | 3.8% | £1,057pcm |
| June 2012 | 5.8% | £1,018pcm |
| June 2011 | 6.1% | £962pcm |
| June 2010 | 2.7% | £907pcm |
| June 2009 | -5.8% | £883pcm |
| June 2008 | 6.7% | £937pcm |
| June 2007 | 0% | £878pcm |
Sales History
The last sale was on 1st March 2023 for £220,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 24 sales since 1995.
IG1 2PW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£220,000 | 3 Bed Flat41, Medway Close, Ilford, IG1 2PW41, Medway Close, Ilford, IG1 2PW
- Sold Sep 2022£300,000 | 2 Bed Flat35, Medway Close, Ilford, IG1 2PW35, Medway Close, Ilford, IG1 2PW
- Sold Feb 2017£240,000 | 3 Bed Flat26, Medway Close, Ilford, IG1 2PW26, Medway Close, Ilford, IG1 2PW
- Sold Jan 2015£220,000 | 3 Bed Flat39, Medway Close, Ilford, IG1 2PW39, Medway Close, Ilford, IG1 2PW
- Sold Jun 2014£145,000 | 3 Bed Flat46, Medway Close, Ilford, IG1 2PW46, Medway Close, Ilford, IG1 2PW
Nearby Postcodes
IG1 2PW is the 592nd largest and the 254th most expensive postcode out of the 787 postcodes in the IG1 area.
- IG1 2FU, Medway Close, Ilford, IG1IG1 2FU18 Addresses|49 m away
- IG1 2QA, Loxford Lane, Ilford, IG1IG1 2QA17 Addresses|54 m away
- IG1 2PL, Loxford Lane, Ilford, IG1IG1 2PL1 Addresses|56 m away
- IG1 2PN, Buttsbury Road, Ilford, IG1IG1 2PN52 Addresses|63 m away
- IG1 2NX, Bankside Road, Ilford, IG1IG1 2NX33 Addresses|76 m away
Property Types
- 6 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 25 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 10 other addresses of unknown type
- modern house (6)
- mid-century house (1)
- mid-century flat (25)
- flat (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (17)
- G (0)
- D (15)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Sep 2022£300,000 | 2 Bed Flat35, Medway Close, Ilford, IG1 2PW35, Medway Close, Ilford, IG1 2PW
- Sold Feb 2017£240,000 | 3 Bed Flat26, Medway Close, Ilford, IG1 2PW26, Medway Close, Ilford, IG1 2PW
- Sold Mar 2023£220,000 | 3 Bed Flat41, Medway Close, Ilford, IG1 2PW41, Medway Close, Ilford, IG1 2PW
Schools Nearby
- Woodlands Primary School300 m away
- Uphall Primary School700 m away
- Northbury Primary School700 m away
- Barking Abbey School, A Specialist Sports and Humanities College1.4 km away
- Greatfields School1.6 km away
- Little Ilford School1.7 km away
More reading links
Public Transport Nearby
The closest station to IG1 2PW is Barking station, which is 700 metres away.
- Barking|700 m away
- Upney|1.7 km away
- Ilford|1.7 km away
