← Ilford (IG) · All London neighbourhoods
IG2 is a postcode district in the IG (Ilford) postcode area, covering 4.9 km². Prices, sales and comparisons below are for homes sold in the twelve months to July 2026, from HM Land Registry sales matched to their energy certificate.
In the twelve months to July 2026, homes sold in IG2 (Gants Hill and Newbury Park) went for a median £4,954 per square metre, -3.8% on the previous twelve months and +2.0% on five years earlier. The median price paid was £487,000, across 167 sales (179 in the twelve months before).
That is 3.7% below the median for the IG postcode area (£5,147) and 22.1% below London as a whole (£6,364), ranking IG2 202nd of 219 London postcode districts by price per square metre and 5th of 9 in IG. Closest in price across London: CR2 South Croydon and Sanderstead (£4,992) and RM3 Harold Wood and Harold Hill (£4,921).
34% of the homes sold were flats or maisonettes and the median home sold had 91 m² of floor space. Flats sold for a median £250,000 and houses for £550,000.
Of the 6 districts bordering IG2, 2 are dearer per square metre. The dearest is IG6 Barkingside at £5,474 and the cheapest IG1 Ilford at £4,830.
| Median £/m² | 12-month change | |
|---|---|---|
| IG2 Gants Hill and Newbury Park | £4,954 | -3.8% |
| Ilford (IG) | £5,147 | -0.5% |
| London | £6,364 | -2.9% |
Each point is the median price per square metre of the homes sold in the twelve months to that month. Months with fewer than 30 sales in IG2 are left blank.
| Period | 12 months to | Median £/m² | Change to latest |
|---|---|---|---|
| Latest | Jul 2026 | £4,954 | |
| One year earlier | Jul 2025 | £5,150 | -3.8% |
| Five years earlier | Jul 2021 | £4,855 | +2.0% |
| First in the series | Mar 1995 | £792 | +525.5% |
Land Registry sales in IG2 matched to the home's energy certificate, the sales every figure on this page is computed from.
IG2's Location Premium is -29.2%: in CityDataLab's factor model fitted to July 2026, an otherwise identical home (same size, type, age and energy rating) is priced 29.2% less per square metre in IG2 than in a district at the average London district price level.
The model measures a district's location by its median price per m² over the previous twelve months, in standard deviations across London's postcode districts. IG2 sits 0.99 standard deviations below the average district. The Location Premium is the part of a home's price per m² the model puts down to that location; the rest depends on the home itself and on the market as a whole. How each factor's Premium has moved · Price a home with the property calculator.
Districts that share a border with IG2, dearest first.
| District | Median £/m², 12 months | 12-month change | Median price paid | Sales, 12 months | Vs IG2 |
|---|---|---|---|---|---|
| IG6 Barkingside | £5,474 | +3.4% | £500,000 | 271 | +10.5% |
| IG5 Clayhall | £5,309 | -1.6% | £577,500 | 114 | +7.2% |
| IG4 Redbridge | £4,885 | -9.2% | £540,000 | 63 | -1.4% |
| RM6 Chadwell Heath | £4,877 | -1.0% | £450,000 | 249 | -1.5% |
| IG3 Seven Kings and Goodmayes | £4,873 | -6.2% | £500,000 | 183 | -1.6% |
| IG1 Ilford | £4,830 | +0.5% | £435,000 | 299 | -2.5% |
Prices are HM Land Registry price paid data for homes sold in IG2, each matched by address to its MHCLG energy performance certificate for the floor area. Price per m² is the price paid divided by that floor area; medians are taken over the twelve months to the month shown, and districts, their postcode area and London are always compared over the same twelve months. Sales without a matched certificate, and non-residential and "other" sales, are not counted. Neighbouring districts are those sharing a border on the postcode district maps by Wikipedia contributors (CC BY-SA 3.0). See how CityDataLab's factor model works.