IG2, Ilford house prices & rental yield

Postcode district in Ilford, part of the IG postcode area

General / family area · 7.5km from The University of East London

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Looking for a property valuation in IG2? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£500k
UK avg £340k
Average rent (pcm)
£1,500
UK avg £1,275
Gross rental yield
3.6%
20% below UK avg
Net yield (estimated)
2.7%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
519
404% above UK avg
Short-term let activity (Redbridge)
#231 of 318

Summary

IG2 has a gross rental yield of 3.6%, 20% below the UK average, ranking #11 of 11 IG postcode districts by yield.

Gross yield trend

-0.1pp since Jul
Jul: 4.3% 4.3% Jul Aug: 4.3% 4.3% Aug Sep: 4.6% 4.6% Sep Oct: 4.1% 4.1% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

IG2 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio — £1,398 — 0 / 6
1 £220k £1,400 7.6% 27 / 17
2 £320k £1,825 6.8% 41 / 12
3 £550k £2,375 5.2% 39 / 8
4 £688k £2,850 — 24 / 4
5+ £762k — — 14 / 0

Nearby IG postcode districts, by yield

DistrictAvg buyAvg rentYield
IG11 £295k £1,810 7.4% Compare
IG1 £425k £1,806 5.1% Compare
IG6 £500k £2,050 4.9% Compare
IG3 £550k £2,197 4.8% Compare
IG5 £600k £2,350 4.7% Compare
IG7 £682k £2,500 4.4% Compare
IG4 £675k £2,400 4.3% Compare
IG10 £550k £1,950 4.3% Compare
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