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NLV ESTATE
Gants Hill and Ilford aerial view
Market Report

East London & Essex property market: Spring 2026 update

Daniel Nwachukwu, Founder & Managing Director
Market Report

Values, transaction volumes and buyer sentiment across Redbridge, Havering and the Essex commuter belt - our latest market read.

The East London and Essex market entered Spring 2026 with renewed confidence. Across the Redbridge boroughs - Gants Hill, Ilford, Barkingside and Wanstead - average sale prices rose 2.8% year-on-year, supported by continued demand from professionals priced out of inner East London and first-time buyers benefiting from the full Elizabeth line connectivity. In Essex, Loughton and Chigwell recorded the strongest growth at 3.5% and 4.1% respectively as buyers from Hackney and Walthamstow sought more space at accessible prices. The lettings market remains extremely competitive: average void periods in Ilford are under 10 days, and rental values have increased approximately 6% compared to this time last year. Landlords considering selling should note that demand from owner-occupiers in the £350,000–£550,000 band is at its highest level since 2021. Our advice to sellers: instruct promptly, price correctly from the outset, and be prepared for competitive offers.

Daniel Nwachukwu

Daniel Nwachukwu

Founder & Managing Director

Specialisms: Residential sales, East London & Essex market, Off-market transactions, Investment advice

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