A typical home in Redbridge sells for about £570,000, and most of the actual houses cost more than that. Terraces go for around six hundred thousand. Semis go for more. The few flats that change hands drag the middle figure down. The everyday house here is a family house with a family-house price.
The Land Registry recorded 43 sales in the year to mid-May 2026, with a median of about £570,000. Terraced houses made up the biggest share, 21 sales at a median of about £600,000. The nine semis came in at about £650,000. The 12 flats that sold had a median of about £96,500, a figure that belongs to whichever handful of flats happened to change hands. It is no price list. If a flat here is ever advertised anywhere near that number, read the lease before the floor plan.
The house price index for the Redbridge area put the average home at about £496,000 in May 2026, up about 2.4% on a year earlier and about 14% over five years. Flats on the same index fell by about 0.4% over the year. That is too small to call a slump. Buyers hoping the flat market has turned in their favour are looking at a rounding error.
Band E is the most common council tax band, and only about 11% of homes fall in bands A or B, the two cheapest. Redbridge council's band D bill comes to about £2,295 a year, so a band E home pays more than that. The bands follow the size of the houses, and the houses here are big.
Renting is no cheap alternative. Across Redbridge, the Office for National Statistics rent index puts mean private rent at about £1,720 a month as of April 2026. That is an average across the borough, so it includes plenty of flats in busier parts of it. By size, the borough means run at about £1,360 for one bedroom, £1,680 for two, £1,975 for three and £2,720 for four or more. That last figure is the one every landlord with a four-bedroom semi on these streets already knows by heart.
Household income here is high, though it has to be. The Office for National Statistics models gross household income, before tax, at about £74,800 for the financial year to March 2023, averaged across the area. It is a few years old and it is a modelled estimate, not a payslip. Against a £570,000 median it still means two decent salaries and a long mortgage, not one income and some optimism.
Of the sales that could be matched to an energy certificate, about 91% of the total, the median price works out at about £4,900 per square metre, on a typical floor area of about 106 square metres. That is a properly sized family home, and buyers are paying for every square metre of it.
The 2021 census gives the size mix. About 12% of homes have one bedroom, about 16% two, about 29% three and about 44% four or more. Four bedrooms is the most common size, so the starter home here is what most of London would call the house you stay in for good.
Redbridge is expensive for the incomes that live here. The houses justify their price in space, but there is little for anyone trying to get in at the bottom.