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Cranbrook market report IG1 2, Ilford
The IG1 2 (Cranbrook) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 6,581 completed sales registered with HM Land Registry in IG1 2 (Ilford) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical IG1 2 (Ilford) home changed hands for £390,000 in 2026 (median of 29 registered sales, up 2% on five years earlier), with the mean at £366,900, and by floor area homes here have averaged about £4,610 per square metre over the last five years. Source: 6,581 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like IG1 2 is a single group of streets within IG1 (Ilford), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where IG1 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in IG1 2
29 sales were registered in IG1 2 in 2026, and the middle one of them, the median, went for £390,000. The mean works out at £366,900, beneath it, usually the sign of a batch of very cheap recorded transfers pulling the average lower.
Price per square metre in IG1 2
Per square metre, IG1 2 homes have averaged around £4,610 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Against a national (England and Wales) median of £285,000, IG1 2 runs 37% above it.
IG1 2's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £390,000 | £390,000 | 29 |
| 2025 | £432,500 | £442,842 | 82 |
| 2024 | £375,000 | £398,702 | 79 |
| 2023 | £390,000 | £428,515 | 85 |
| 2022 | £409,000 | £479,599 | 94 |
| 2021 | £383,500 | £485,560 | 98 |
| 2020 | £358,000 | £464,512 | 77 |
| 2019 | £350,000 | £458,766 | 87 |
| 2018 | £384,000 | £511,879 | 154 |
| 2017 | £346,500 | £472,591 | 88 |
| 2016 | £332,500 | £465,171 | 132 |
| 2015 | £280,000 | £395,640 | 141 |
| 2014 | £220,000 | £312,108 | 208 |
| 2013 | £225,500 | £324,472 | 118 |
| 2012 | £200,000 | £294,375 | 104 |
| 2011 | £223,500 | £337,399 | 94 |
| 2010 | £212,800 | £333,725 | 183 |
| 2009 | £205,000 | £329,539 | 141 |
| 2008 | £230,000 | £377,019 | 144 |
| 2007 | £236,500 | £401,170 | 290 |
| 2006 | £215,000 | £373,213 | 298 |
| 2005 | £205,000 | £364,817 | 245 |
| 2004 | £203,000 | £368,688 | 380 |
| 2003 | £176,000 | £324,235 | 362 |
| 2002 | £140,000 | £263,409 | 335 |
| 2001 | £114,000 | £219,159 | 343 |
| 2000 | £99,000 | £194,288 | 292 |
| 1999 | £75,700 | £150,866 | 414 |
| 1998 | £70,000 | £141,300 | 379 |
| 1997 | £63,100 | £129,405 | 398 |
| 1996 | £60,000 | £126,537 | 345 |
| 1995 | £51,500 | £111,953 | 362 |
In cash terms the typical IG1 2 home went from £51,500 in 1995 to £390,000 in 2026, roughly 8 times the price. Adjusted for inflation it still comes to a real rise of roughly 248%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2018, and today's median remains roughly 24% under it: a 2018 buyer is still waiting to get that price back in today's money.
Year-on-year change in the IG1 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2000 (+30.8% on the year before); the weakest, 2009 (−10.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −9.8% | −11.9% |
| 5 years (since 2021) | +0.3% | −4.3% |
| 10 years (since 2016) | +1.6% | −1.7% |
| 20 years (since 2006) | +3.0% | +0.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 29 IG1 2 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 318 sales a year before the financial crisis and 74 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Rents around IG1 2
For renting purposes IG1 2 sits in Redbridge. The ONS average private rent there is £1,725 a month (May 2026). A one-bed averages £1,365 a month here and a four-or-more-bed £2,714, so size does most of the work in setting the rent.
Average monthly rent by size, Redbridge
ONS Price Index of Private Rents, May 2026.
£1,725 a month is £20,700 a year, which against the £390,000 median sold price makes a gross yield of 5.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
How IG1 2 trades
Only 29 sales completed here in the last twelve months of data, which makes IG1 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Within IG1, this sector trades 10% below the district median: one of its district's cheaper corners.
Common questions on IG1 2 (Cranbrook)
How much did a house sell for in IG1 2 (Cranbrook)?
Are property prices falling in IG1 2 (Cranbrook)?
Is IG1 2 (Cranbrook) a good place to buy a house?
Where do IG1 2 prices go next?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 20% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
What you could buy in IG1 now
This is what you could actually buy today: 141 homes currently on the market from 10 agents publishing to HomesIndex.
These cover the whole IG1 district, not just IG1 2: live asking prices are collected per district.
12% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every IG1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in IG: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the IG area. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £530,000 | £800,000 (+51%) | £1,150,000 (+44%) | £1,600,000 (+39%) |
| Semi-detached | £400,325 | £485,000 (+21%) | £590,000 (+22%) | £755,000 (+28%) | £930,000 (+23%) |
| Terraced | £380,000 | £450,000 (+18%) | £525,000 (+17%) | £620,000 (+18%) | £750,000 (+21%) |
| Flat | £260,000 | £355,500 (+37%) | £485,000 (+36%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the IG area is the point: the same five years treated these districts very differently.
Five-year change in the median, IG area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in IG1
A few minutes' walk can separate two very different markets. Here are IG1's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| IG1 1 | £311,000 | 10 |
| IG1 3 | £500,000 | 23 |
| IG1 4 | £575,000 | 19 |
Zoom out to the full IG1 district report for the type split, monthly volumes and how IG1 compares with its neighbours.
Selling a home in IG1 2? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in IG1 2, open the average prices map and zoom from the IG1 2 shading down to the sold homes on your own street. Every recorded IG1 2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim IG1 2.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to IG1 2. Free after a one click sign in.
See every individual IG1 2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.