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IG5 is a postcode district in the IG (Ilford) postcode area, covering 2.8 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.
In the twelve months to July 2026, homes sold in IG5 (Clayhall) went for a median £5,309 per square metre, -1.6% on the previous twelve months and +4.5% on five years earlier. The median price paid was £577,500, across 114 sales (140 in the twelve months before).
That is 3.2% above the median for the IG postcode area (£5,147) and 16.6% below London as a whole (£6,364), ranking IG5 177th of 219 London postcode districts by price per square metre and 4th of 9 in IG. Closest in price across London: EN1 Enfield Town and Bush Hill Park (£5,312) and DA7 Bexleyheath and Barnehurst (£5,287).
13% of the homes sold were flats or maisonettes and the median home sold had 104 m² of floor space. Houses sold for a median £600,000.
Of the 4 districts bordering IG5, 2 are dearer per square metre. The dearest is IG8 Woodford Green at £6,032 and the cheapest IG4 Redbridge at £4,885.
| Median £/m² | 12-month change | |
|---|---|---|
| IG5 Clayhall | £5,309 | -1.6% |
| 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 IG5 are left blank.
| Period | 12 months to | Median £/m² | Change to latest |
|---|---|---|---|
| Latest | Jul 2026 | £5,309 | |
| One year earlier | Jul 2025 | £5,396 | -1.6% |
| Five years earlier | Jul 2021 | £5,082 | +4.5% |
| First in the series | Apr 1995 | £818 | +549.1% |
Land Registry sales in IG5 matched to the home's energy certificate, the sales every figure on this page is computed from.
IG5's Location Premium is -25.6%: in CityDataLab's factor model fitted to July 2026, an otherwise identical home (same size, type, age and energy rating) is priced 25.6% less per square metre in IG5 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. IG5 sits 0.85 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 IG5, dearest first.
| District | Median £/m², 12 months | 12-month change | Median price paid | Sales, 12 months | Vs IG5 |
|---|---|---|---|---|---|
| IG8 Woodford Green | £6,032 | -1.5% | £600,000 | 329 | +13.6% |
| IG6 Barkingside | £5,474 | +3.4% | £500,000 | 271 | +3.1% |
| IG2 Gants Hill and Newbury Park | £4,954 | -3.8% | £487,000 | 167 | -6.7% |
| IG4 Redbridge | £4,885 | -9.2% | £540,000 | 63 | -8.0% |
Prices are HM Land Registry price paid data for homes sold in IG5, 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.