IG8, Ilford house prices & rental yield

Postcode district in Ilford, part of the IG postcode area

General / family area · 10.5km from Queen Mary University of London

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Looking for a property valuation in IG8? 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
£600k
UK avg £340k
Average rent (pcm)
£1,925
UK avg £1,275
Gross rental yield
3.9%
14% below UK avg
Net yield (estimated)
2.9%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
194
88% above UK avg
Short-term let activity (Redbridge)
#231 of 318

Summary

IG8 has a gross rental yield of 3.9%, 14% below the UK average, ranking #9 of 11 IG postcode districts by yield.

Gross yield trend

+0.2pp since Jul
Jul: 3.8% 3.8% Jul Aug: 4.2% 4.2% Aug Sep: 4.6% 4.6% Sep Oct: 4.0% 4.0% 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.

IG8 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio £235k £650 — 2 / 3
1 £252k £1,548 — 20 / 4
2 £425k £1,795 5.1% 60 / 19
3 £600k £2,600 5.2% 58 / 9
4 £854k £3,000 4.2% 44 / 6
5+ £1.50m £3,050 — 33 / 2

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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