Key indicators for buyers
The IG6 market presents a mixed picture for buyers. Prices are rising at 14.7%, which may favour acting sooner rather than later. Affordability has improved from a peak of 15.7x in 2018 to 14.2x today. Rising rents (£1,716/mo, +4.1%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Redbridge area
A home in Redbridge costs 14.2x the local median salary — very stretched, improving from a peak of 15.7x in 2018.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Redbridge area
Average monthly rent in Redbridge is £1,716, up 4.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Redbridge price of £544,250 with a 25% deposit (£136k), a 2-year fixed mortgage at 3.97% costs around £2,148 per month.
Monthly cost comparison based on current data
Uses IG6 avg. price with Redbridge rental data
Monthly mortgage payments (£2,148) are £432 more than renting (£1,716). However, buying requires an upfront deposit of £136k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
4, HAZEL LANE IG6 2AG | Semi-detached | £820,000 | 16 Jan 2026 |
115A, TOMSWOOD HILL IG6 2HR | Terraced | £412,000 | 9 Jan 2026 |
22, HUGHES ROAD IG6 2FP | Terraced | £625,000 | 8 Jan 2026 |
15, STARCH HOUSE LANE IG6 1PU | Terraced | £320,000 | 6 Jan 2026 |
FLAT 16, SONAR HOUSE 1, MARINE CRESCENT IG6 2FA | Flat/Maisonette | £350,000 | 19 Dec 2025 |
33, CLEVES WALK IG6 2NQ | Semi-detached | £675,000 | 19 Dec 2025 |
7, ROVER AVENUE IG6 3DE | Semi-detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in IG6 sold for £544,250 in 2026, with a median of £518,500 across 4 transactions. Prices rose 14.7% compared to the previous year.
| £750,000 |
| 18 Dec 2025 |
807, CRANBROOK ROAD IG6 1JB | Detached | £750,000 | 18 Dec 2025 |
32A, GREENWOOD GARDENS IG6 2NE | Semi-detached | £410,000 | 18 Dec 2025 |
580, NEW NORTH ROAD IG6 3TG | Terraced | £380,000 | 17 Dec 2025 |
116, HAMILTON AVENUE IG6 1AB | Flat/Maisonette | £330,000 | 16 Dec 2025 |
5, HUGHES ROAD IG6 2FP | Semi-detached | £615,000 | 15 Dec 2025 |
65, RESERVOIR WAY IG6 3FD | Semi-detached | £495,000 | 15 Dec 2025 |
240, TOMSWOOD HILL IG6 2QS | Terraced | £515,000 | 12 Dec 2025 |
33, TREHEARN ROAD IG6 2NN | Terraced | £440,000 | 12 Dec 2025 |
27, TUNSTALL AVENUE IG6 3EG | Semi-detached | £430,000 | 11 Dec 2025 |
UNIT F, ACORN CENTRE, ROEBUCK ROAD IG6 3TU | Other | £475,000 | 11 Dec 2025 |
FLAT 6, BURNIKELL HOUSE, RESERVOIR WAY IG6 3FG | Flat/Maisonette | £160,000 | 10 Dec 2025 |
43, HIGH STREET, BARKINGSIDE IG6 2AD | Flat/Maisonette | £230,000 | 8 Dec 2025 |
9, STALHAM WAY IG6 2GE | Terraced | £495,000 | 8 Dec 2025 |
The most recent recorded sale in IG6 was a semi-detached property on Hazel Lane for £820,000 in January 2026. Across the last 20 sales, the median price was £475,000.