A typical home in Ilford sells for about £450,000, and that is close to exactly what a terraced house costs. Flats sell for well under a quarter of a million. Semis go for nearer £700,000. Detached houses hardly ever come up. The median here is basically the price of an Edwardian terrace.
The Land Registry recorded 181 sales in Ilford in the year to May 2026, at a median of £450,000. Terraced houses made up 102 of them, at a median of about £483,000. The 52 flats sold for a median of about £235,000 and the 24 semi-detached houses for about £688,000. Three detached houses changed hands, at a median of £800,000. With terraces making up more than half the sales, the overall median ends up close to the terrace price.
The house price index for the area rose 2.4% in the twelve months to May 2026, to an average of about £496,000. Flats went the other way, down 0.4% over the same year, a small dip that matters mostly to anyone hoping to sell one this spring. The index also fell 1.8% in May alone. That is one month's movement and too short to call a turn. Over five years the index is up about 14%. Flat owners spent the year watching the terraces round the corner gain value while their own stood still.
Band D is the most common council-tax band in Ilford, and only about 23% of homes fall in bands A or B. Redbridge's band D bill is about £2,300 a year, with band A at about £1,530 and band H at about £4,590. Nobody pays band H here anyway, because the valuation list doesn't have a single home in it.
For renters, the Office for National Statistics' rent index puts the typical private rent across the whole of Redbridge at about £1,720 a month as of April 2026, up about 3% on a year earlier. That is a borough-wide mean, so it blends Ilford's flats with the bigger houses further out. By size, the Redbridge averages run about £1,360 for a one-bed, £1,680 for a two-bed, £1,980 for a three-bed and £2,720 for four bedrooms or more. There are no studio or room figures.
Household income in Ilford was modelled at about £70,000 for the financial year to March 2023. That is gross income before tax, averaged across neighbourhood estimates, and it describes a year that has since passed. Set against a £450,000 median it makes a terrace a stretch on one household's earnings, and the £235,000 flat the realistic way in. Before tax, £70,000 sounds like enough for a terrace. After tax, it buys a flat.
Of the sales that can be matched to an energy certificate, about 82% of them, the median price was about £4,900 per square metre, for a typical floor area of 106 square metres. Ask the seller for the certificate and check its floor area against the asking price, because Ilford's terraces were extended and divided at different times, and two houses on the same street can differ in size more than they look.
Ilford's homes are fairly evenly spread by size. At the 2021 Census about 18% of households had one bedroom, 25% had two, 32% had three and 25% had four or more. Three bedrooms is the most common size, which fits a town where the terraced house dominates the sales.
As prices go, Ilford is middling and a little on the dear side for what most local incomes stretch to. Flats are the affordable way in, and a terrace takes real money.