Melbourne Road - IG1 4LG
Key Postcode Insights
IG1 4LG is a residential postcode situated on Melbourne Road, Ilford, IG1 with 13 addresses.
It ranks as the 204th largest and 676th 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 13 properties: 12 houses and 1 flat.
- Ave. Sale Price
- £553,923
- 10 Year change
- up 16.3%
- Ave. Rental Price
- £3,017pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £448/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
IG1 4LG is a residential postcode situated on Melbourne Road, Ilford, IG1 with 13 addresses.
It ranks as the 204th largest and 676th 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 13 properties: 12 houses and 1 flat.
- Ave. Sale Price
- £553,923
- 10 Year change
- up 16.3%
- Ave. Rental Price
- £3,017pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £448/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin IG1 4LG
- 32A Melbourne Road
Unknown
- 32 Melbourne Road
4 Bed Period House
- 34 Melbourne Road
4 Bed House
- 36 Melbourne Road
Unknown
- 38 Melbourne Road
Unknown
Sales Market Trends
The last sale in IG1 4LG sold for £575,000 on 3rd January 2024. Since then prices are up an average of 2.2%.
The current average value in the postcode is £553,923.
The IG1 4LG Sales Market has increased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £553,923 |
| June 2025 | 2% | £569,197 |
| June 2024 | -0.2% | £557,809 |
| June 2023 | -1% | £558,972 |
| June 2022 | 6.5% | £564,441 |
| June 2021 | 4.6% | £529,960 |
| June 2020 | 1.7% | £506,797 |
| June 2019 | -0.5% | £498,548 |
| June 2018 | 1.2% | £501,203 |
| June 2017 | 4% | £495,427 |
| June 2016 | 14.6% | £476,254 |
| June 2015 | 11.9% | £415,456 |
| June 2014 | 15% | £371,325 |
| June 2013 | 2.1% | £322,931 |
| June 2012 | 1.3% | £316,213 |
| June 2011 | 0.3% | £312,112 |
| June 2010 | 10.3% | £311,206 |
| June 2009 | -13.3% | £282,092 |
| June 2008 | -2% | £325,192 |
| June 2007 | 0% | £331,924 |
Rental Market Trends
The current average rental value in the postcode is £3,017.
The IG1 4LG Rental Market has increased by 42.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £3,017pcm |
| June 2025 | 3.4% | £2,998pcm |
| June 2024 | 6.9% | £2,900pcm |
| June 2023 | 15.6% | £2,713pcm |
| June 2022 | 9.1% | £2,347pcm |
| June 2021 | 0.3% | £2,151pcm |
| June 2020 | 0.5% | £2,145pcm |
| June 2019 | 2.1% | £2,134pcm |
| June 2018 | 0.9% | £2,090pcm |
| June 2017 | -2.2% | £2,072pcm |
| June 2016 | 3.3% | £2,118pcm |
| June 2015 | 8.3% | £2,051pcm |
| June 2014 | 6.2% | £1,895pcm |
| June 2013 | 4% | £1,783pcm |
| June 2012 | 6.6% | £1,716pcm |
| June 2011 | 7.1% | £1,609pcm |
| June 2010 | 6.2% | £1,502pcm |
| June 2009 | -4.2% | £1,415pcm |
| June 2008 | 5% | £1,478pcm |
| June 2007 | 0% | £1,407pcm |
Sales History
The last sale was on 3rd January 2024 for £575,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 9 sales since 1995.
IG1 4LG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2024£575,000 | 4 Bed House48, Melbourne Road, Ilford, IG1 4LG48, Melbourne Road, Ilford, IG1 4LG
- Sold Aug 2021£555,000 | 4 Bed House50, Melbourne Road, Ilford, IG1 4LG50, Melbourne Road, Ilford, IG1 4LG
- Sold May 2008£347,000 | 4 Bed House34, Melbourne Road, Ilford, IG1 4LG34, Melbourne Road, Ilford, IG1 4LG
- Sold Dec 2006£350,000 | 4 Bed House36, Melbourne Road, Ilford, IG1 4LG36, Melbourne Road, Ilford, IG1 4LG
- Sold Jul 2003£267,000 | 4 Bed House34, Melbourne Road, Ilford, IG1 4LG34, Melbourne Road, Ilford, IG1 4LG
Nearby Postcodes
IG1 4LG is the 204th largest and the 676th most expensive postcode out of the 787 postcodes in the IG1 area.
- IG1 4QZ, Christchurch Road, Ilford, IG1IG1 4QZ27 Addresses|78 m away
- IG1 4SD, Auckland Road, Ilford, IG1IG1 4SD29 Addresses|83 m away
- IG1 4QX, Coventry Road, Ilford, IG1IG1 4QX21 Addresses|97 m away
- IG1 4SA, Valentines Road, Ilford, IG1IG1 4SA85 Addresses|138 m away
- IG1 4SE, Auckland Road, Ilford, IG1IG1 4SE42 Addresses|152 m away
Property Types
- 4 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 1 house of an unknown age
- 7 other addresses of unknown type
- period house (4)
- period flat (1)
- house (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (8)
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 School300 m away
- Winston Way Academy900 m away
- St Aidan's Catholic Primary Academy1.1 km away
- The Ursuline Academy Ilford500 m away
- Valentines High School1.0 km away
- The Palmer Catholic Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to IG1 4LG is Ilford station, which is 800 metres away.
- Ilford|800 m away
- Gants Hill|1.3 km away
- Seven Kings|1.5 km away
- Newbury Park|1.5 km away
