# IG1 4AZ Area Summary
This postcode falls within the **IG1 district of Ilford**, located in the London Borough of Redbridge in East London. With 70 properties in the dataset showing an average price of **£143,974**, this area represents an exceptionally affordable segment of the Greater London property market. This price point is significantly below both the London average and the broader Redbridge average, suggesting the data may be heavily weighted towards leasehold flats, shared ownership properties, or shorter lease properties, which are common in this urban locale.
Ilford has undergone considerable regeneration in recent years, benefiting from its position on the Elizabeth Line (Crossrail), which provides rapid access to central London and beyond. The IG1 postcode area is characterised by a diverse mix of Victorian and Edwardian terraced houses alongside post-war residential developments and modern apartment blocks. The town centre offers extensive shopping facilities at The Exchange Ilford, excellent transport connectivity via Ilford station, and a vibrant multicultural community with diverse amenities and restaurants.
The relatively low average price point makes this area particularly attractive to first-time buyers, buy-to-let investors, and those seeking affordable accommodation within reasonable commuting distance of the City and Canary Wharf. However, prospective buyers should carefully investigate individual property details, particularly lease lengths and service charges for flats, to understand the true value proposition in this established East London neighbourhood.
The average house price in IG1 4AZ, Ilford is £143,974. Prices range from £66,000 to £240,000.
There are 70 properties in IG1 4AZ, Ilford.
IG1 4AZ contains 70 flat / maisonette properties.
Average house prices in IG1 4AZ have risen by 49% from £144,317 in 2002 to £215,000 in 2024.
IG1 4AZ is located in Ilford, Greater London, England.