IG1 2RU is a residential postcode situated on Ilford Lane, Ilford, IG1 with 21 addresses.
It ranks as the 311th largest and 187th most expensive of the 787 postcodes in the IG1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 21 properties: 3 houses and 18 flats.
IG1 2RU is a residential postcode situated on Ilford Lane, Ilford, IG1 with 21 addresses.
It ranks as the 311th largest and 187th most expensive of the 787 postcodes in the IG1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 21 properties: 3 houses and 18 flats.
Sale prices range from £183,320 for 1 bedroom leasehold flats (419 ft2) to £545,866 for 4 bedroom freehold houses with a garden (1,506 ft2) .
Monthly rental prices range from £1,164 pcm for 1 bed flats to £3,333 pcm for 4 bed houses.
The gross rental yield is between 6.3% and 7.6%.
The average value per square foot is £379.
The last sale in IG1 2RU sold for £495,000 on 6th February 2014. Since then prices are up an average of 55.3%.
The current average value in the postcode is £302,206.
The IG1 2RU Sales Market has increased by 9.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.4% | £302,206 |
| May 2025 | 2.1% | £312,966 |
| May 2024 | -1% | £306,596 |
| May 2023 | 0.2% | £309,747 |
| May 2022 | 4.7% | £309,029 |
| May 2021 | 2.7% | £295,161 |
| May 2020 | -0.1% | £287,313 |
| May 2019 | -0.3% | £287,615 |
| May 2018 | 1.9% | £288,488 |
| May 2017 | 2.6% | £283,128 |
| May 2016 | 18.5% | £275,899 |
| May 2015 | 13.8% | £232,903 |
| May 2014 | 13.3% | £204,706 |
| May 2013 | 1.8% | £180,656 |
| May 2012 | 0% | £177,467 |
| May 2011 | 0.2% | £177,530 |
| May 2010 | 3.8% | £177,154 |
| May 2009 | -15% | £170,664 |
| May 2008 | 0.2% | £200,873 |
| May 2007 | 0% | £200,420 |
The current average rental value in the postcode is £1,750.
The IG1 2RU Rental Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.1% | £1,750pcm |
| May 2025 | 3.9% | £1,713pcm |
| May 2024 | 6.9% | £1,649pcm |
| May 2023 | 15.9% | £1,542pcm |
| May 2022 | 7.3% | £1,330pcm |
| May 2021 | -1.3% | £1,240pcm |
| May 2020 | 1% | £1,257pcm |
| May 2019 | 1.7% | £1,245pcm |
| May 2018 | 0.5% | £1,225pcm |
| May 2017 | -4.1% | £1,219pcm |
| May 2016 | 5.3% | £1,271pcm |
| May 2015 | 8.8% | £1,207pcm |
| May 2014 | 6.5% | £1,109pcm |
| May 2013 | 4.3% | £1,042pcm |
| May 2012 | 4.8% | £999pcm |
| May 2011 | 7% | £953pcm |
| May 2010 | 0.7% | £890pcm |
| May 2009 | -5% | £884pcm |
| May 2008 | 5.7% | £931pcm |
| May 2007 | 0% | £881pcm |
The last sale was on 6th February 2014 for £495,000 and since then the market in the area has increased by 55.3%. The postcode has had a total of 3 sales since 1995.
IG1 2RU has seen no sales in the last three years and no sales in the last twelve months.
IG1 2RU is the 311th largest and the 187th most expensive postcode out of the 787 postcodes in the IG1 area.
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The closest station to IG1 2RU is Ilford station which is 900 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IG1 2RU, 55.3% of property is privately rented and 17.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IG1 2RU, 26.3% of residents are recorded as possessing school level qualifications and 39.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IG1 2RU, the average age was 31.9 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IG1 2RU, 0.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IG1 2RU, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.