Ilford Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Ilford: Redbridge Elizabeth line hub with major town-centre residential densification around the station.

The Ilford property market recorded 1,388 residential sales in the 12 months to 31 May 2026, with a median sale price of £485,000. This places Ilford in line with the Greater London county median, and £200k above the approximate UK median of £285,000.

Prices in Ilford have shown strong growth, a year-on-year change of +4.3%. Within Greater London, Ilford ranks 11th by price out of 21 principal towns, and 20th by transaction volume.

On a quarterly view, Ilford median prices moved from £480,000 in Q3 2024 to £487,000 in Q4 2025, a change of +1.5% over 5 quarters. The most recent quarter is excluded because HM Land Registry registrations for it are still incomplete.

London Borough of Redbridge, the local planning authority covering Ilford, approved 186 residential planning applications and refused 193 in the last 12 months, with 114 still awaiting a decision. That is an approval rate of 49%.

Those applications propose around 118 homes, an estimated £48.8m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

London Borough of Redbridge covers more than one town in Greater London, so these figures are authority-wide rather than specific to Ilford alone.

Property prices in Ilford vary significantly by type. The table below compares Ilford prices with Greater London county averages and UK national figures.

Detached homes in Ilford command £670,000, while flat properties are most accessible at £250,000. The £420k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 9 new-build sales in Ilford for the past 12 months, 0.6% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

Too few new-build sales have registered yet to quote a reliable new-build premium for Ilford.

Across the wider Greater London market, 1,285 new-build sales have registered so far. See our Greater London property market report for the full county picture.

The table below shows the most recently registered residential sales in Ilford, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £370,000 to £720,000 illustrates the breadth of the Ilford market.

For developers considering Ilford, the local market data translates directly into finance structuring. With a median value of £485,000 and detached homes at £670,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Ilford with a GDV of £670,000 would attract senior debt of approximately £435,500 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

With prices rising 4.3% year-on-year, Ilford presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.

Ready to develop in Ilford? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Ilford's market in context, the table below compares it with similarly-priced towns across Greater London:

For the full Greater London town-by-town breakdown, see our comprehensive Greater London property market report.