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IG4 Redbridge: house prices and price per m²

IG4 is a postcode district in the IG (Ilford) postcode area, covering 1.8 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.

Headline numbers, 12 months to Jul 2026

Median price per m²
£4,885/m²
12 months to Jul 2026
12-month change
-9.2%
vs 12 months to Jul 2025
5-year change
-1.4%
vs 12 months to Jul 2021
Median price paid
£540,000
63 sales
Vs IG postcode area
-5.1%
£5,147/m² in Ilford
Vs London
-23.2%
£6,364/m² London-wide
Price rank
204 of 219
London postcode districts, dearest first
Location Premium
-29.9%
vs an average-priced district

In the twelve months to July 2026, homes sold in IG4 (Redbridge) went for a median £4,885 per square metre, -9.2% on the previous twelve months and -1.4% on five years earlier. The median price paid was £540,000, across 63 sales (59 in the twelve months before).

That is 5.1% below the median for the IG postcode area (£5,147) and 23.2% below London as a whole (£6,364), ranking IG4 204th of 219 London postcode districts by price per square metre and 6th of 9 in IG. Closest in price across London: RM3 Harold Wood and Harold Hill (£4,921) and RM7 Rush Green and Mawneys (£4,882).

19% of the homes sold were flats or maisonettes and the median home sold had 97 m² of floor space. Houses sold for a median £580,000.

Of the 6 districts bordering IG4, 5 are dearer per square metre. The dearest is E11 Leytonstone and Wanstead at £7,107 and the cheapest IG1 Ilford at £4,830.

Median price per m² over the 12 months to July 2026, and the change on the 12 months before.
Median £/m²12-month change
IG4 Redbridge£4,885-9.2%
Ilford (IG)£5,147-0.5%
London£6,364-2.9%

Price per m² over time

IG4 vs Ilford and London: rolling 12-month median £/m²

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 IG4 are left blank.

IG4: median price per m² over the 12 months to each month.
Period12 months toMedian £/m²Change to latest
LatestJul 2026£4,885
One year earlierJul 2025£5,378-9.2%
Five years earlierJul 2021£4,955-1.4%
First in the seriesJun 1995£928+426.4%

Sales per year

IG4: sales per calendar year

Land Registry sales in IG4 matched to the home's energy certificate, the sales every figure on this page is computed from.

Location Premium

IG4's Location Premium is -29.9%: in CityDataLab's factor model fitted to July 2026, an otherwise identical home (same size, type, age and energy rating) is priced 29.9% less per square metre in IG4 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. IG4 sits 1.02 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.

Neighbouring districts

Districts that share a border with IG4, dearest first.

Districts bordering IG4, 12 months to July 2026.
DistrictMedian £/m², 12 months12-month changeMedian price paidSales, 12 monthsVs IG4
E11 Leytonstone and Wanstead£7,107-0.0%£567,500477+45.5%
E18 South Woodford£6,569+2.6%£585,000215+34.5%
IG8 Woodford Green£6,032-1.5%£600,000329+23.5%
IG5 Clayhall£5,309-1.6%£577,500114+8.7%
IG2 Gants Hill and Newbury Park£4,954-3.8%£487,000167+1.4%
IG1 Ilford£4,830+0.5%£435,000299-1.1%

Other districts in Ilford

How these figures are calculated

Prices are HM Land Registry price paid data for homes sold in IG4, 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.