Melbourne Road - IG1 4LF
Key Postcode Insights
IG1 4LF is a residential postcode situated on Melbourne Road, Ilford, IG1 with 42 addresses.
It ranks as the 585th largest and 722nd 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 42 properties: 25 houses and 17 flats.
- Ave. Sale Price
- £551,772
- 10 Year change
- up 12.6%
- Ave. Rental Price
- £2,613pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £496/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
IG1 4LF is a residential postcode situated on Melbourne Road, Ilford, IG1 with 42 addresses.
It ranks as the 585th largest and 722nd 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 42 properties: 25 houses and 17 flats.
- Ave. Sale Price
- £551,772
- 10 Year change
- up 12.6%
- Ave. Rental Price
- £2,613pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £496/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin IG1 4LF
- 1 Melbourne Road
Building  |  2 Flats
- 2 Melbourne Road
Building  |  2 Flats
- 3 Melbourne Road
Unknown
- 4 Melbourne Road
Building  |  3 Flats
- 5 Melbourne Road
Unknown
Sales Market Trends
The last sale in IG1 4LF sold for £1,020,000 on 8th September 2023. Since then prices have on average remained the same.
The current average value in the postcode is £551,772.
The IG1 4LF Sales Market has increased by 12.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £551,772 |
| June 2025 | 1.6% | £565,612 |
| June 2024 | 0.1% | £556,789 |
| June 2023 | -1.2% | £556,165 |
| June 2022 | 5.6% | £563,195 |
| June 2021 | 3.8% | £533,324 |
| June 2020 | 1.4% | £513,851 |
| June 2019 | -0.9% | £506,824 |
| June 2018 | 0.7% | £511,659 |
| June 2017 | 3.7% | £508,078 |
| June 2016 | 15.2% | £490,161 |
| June 2015 | 12.2% | £425,556 |
| June 2014 | 15% | £379,243 |
| June 2013 | 2.1% | £329,707 |
| June 2012 | 1% | £323,056 |
| June 2011 | -0.1% | £319,774 |
| June 2010 | 8.3% | £320,244 |
| June 2009 | -13.9% | £295,696 |
| June 2008 | -1.7% | £343,306 |
| June 2007 | 0% | £349,223 |
Rental Market Trends
The current average rental value in the postcode is £2,613.
The IG1 4LF Rental Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £2,613pcm |
| June 2025 | 2.9% | £2,590pcm |
| June 2024 | 7.3% | £2,517pcm |
| June 2023 | 15.3% | £2,346pcm |
| June 2022 | 8.2% | £2,035pcm |
| June 2021 | -0.5% | £1,882pcm |
| June 2020 | 0.2% | £1,890pcm |
| June 2019 | 1.7% | £1,885pcm |
| June 2018 | 0.4% | £1,855pcm |
| June 2017 | -2.5% | £1,847pcm |
| June 2016 | 3.7% | £1,895pcm |
| June 2015 | 8.6% | £1,826pcm |
| June 2014 | 6.3% | £1,682pcm |
| June 2013 | 3.9% | £1,583pcm |
| June 2012 | 6.3% | £1,524pcm |
| June 2011 | 6.6% | £1,433pcm |
| June 2010 | 4.2% | £1,344pcm |
| June 2009 | -4.9% | £1,290pcm |
| June 2008 | 5.4% | £1,356pcm |
| June 2007 | 0% | £1,287pcm |
Sales History
The last sale was on 8th September 2023 for £1,020,000 and since then the market in the area has remained stable. The postcode has had a total of 39 sales since 1995.
IG1 4LF has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2023£1,020,000 | 5 Bed House8, Melbourne Road, Ilford, IG1 4LF8, Melbourne Road, Ilford, IG1 4LF
- Sold Mar 2023£706,000 | 4 Bed House11, Melbourne Road, Ilford, IG1 4LF11, Melbourne Road, Ilford, IG1 4LF
- Sold Nov 2022£710,000 | 4 Bed House31, Melbourne Road, Ilford, IG1 4LF31, Melbourne Road, Ilford, IG1 4LF
- Sold Jun 2021£900,000 | 5 Bed House10, Melbourne Road, Ilford, IG1 4LF10, Melbourne Road, Ilford, IG1 4LF
- Sold Mar 2021£1,045,000 | 5 Bed House6, Melbourne Road, Ilford, IG1 4LF6, Melbourne Road, Ilford, IG1 4LF
Nearby Postcodes
IG1 4LF is the 585th largest and the 722nd most expensive postcode out of the 787 postcodes in the IG1 area.
- IG1 4LQ, Wellesley Road, Ilford, IG1IG1 4LQ3 Addresses|66 m away
- IG1 4LE, Warwick Gardens, Ilford, IG1IG1 4LE47 Addresses|83 m away
- IG1 4QY, Christchurch Road, Ilford, IG1IG1 4QY32 Addresses|86 m away
- IG1 4QX, Coventry Road, Ilford, IG1IG1 4QX21 Addresses|94 m away
- IG1 4LD, Wellesley Road, Ilford, IG1IG1 4LD17 Addresses|118 m away
Property Types
- 9 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 32 other addresses of unknown type
- period house (9)
- period flat (1)
- Unknown (32)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is C.
- A (0)
- E (5)
- B (0)
- F (0)
- C (10)
- G (0)
- D (7)
- No EPC (20)
Top 3 Most Expensive Sales
- Sold Mar 2021£1,045,000 | 5 Bed House6, Melbourne Road, Ilford, IG1 4LF6, Melbourne Road, Ilford, IG1 4LF
- Sold Sep 2023£1,020,000 | 5 Bed House8, Melbourne Road, Ilford, IG1 4LF8, Melbourne Road, Ilford, IG1 4LF
- Sold Jun 2021£900,000 | 5 Bed House10, Melbourne Road, Ilford, IG1 4LF10, Melbourne Road, Ilford, IG1 4LF
Schools Nearby
- Christchurch Primary School100 m away
- Winston Way Academy700 m away
- St Aidan's Catholic Primary Academy1.0 km away
- The Ursuline Academy Ilford500 m away
- Valentines High School1.2 km away
- The Palmer Catholic Academy1.3 km away
More reading links
Public Transport Nearby
The closest station to IG1 4LF is Ilford station, which is 700 metres away.
- Ilford|700 m away
- Gants Hill|1.4 km away
- Seven Kings|1.5 km away
- Newbury Park|1.6 km away
