marketcodeAsking rent
£1,943 a month 12 months to Jul 2026
304 lets
Postcode district
IG2 rental market
Asking rent £1,943 a month · Gross yield 4.4% · 12 months, listings to Aug 2026
What is IG2?
- Buildings
- 7,363
- Mixed-use buildings
- 2.0%
- HMO-shaped units
- 2.2%
What does IG2 earn?
IG2: asking rent £1,943 a month (12 months to Jul 2026, 304 lets).
Gross yield, asking basis
4.4% 12 months to Aug 2026
611 lets
+1.6% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
187 on 20 Sep 2026
How does IG2 vary by home size?
Asking rent in IG2 runs from £1,404 a month for 1 bedroom to £2,648 a month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,404 a month | 12 months to Aug 2026 | -0.9% on the previous 12 months | 178 |
| 2 bedrooms | £1,766 a month | 12 months to Aug 2026 | +0.5% on the previous 12 months | 178 |
| 3 bedrooms | £2,307 a month | 12 months to Aug 2026 | -0.4% on the previous 12 months | 125 |
| 4 bedrooms | £2,648 a month | 12 months to Aug 2026 | — | 88 |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns IG2?
Corporate landlords hold 77% of the 455 units in IG2 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords77% of classified · 352 units
- Housing associations14% of classified · 64 units
- Individuals (not traceable in bulk)7.7% of classified · 35 units
- RMC0.9% of classified · 4 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does IG2 rank?
IG2 ranks 5th of 9 postcode districts in Redbridge for asking rent, at £1,943 a month.
Asking rent · postcode districts in Redbridge
IG2 ranks 5th of 9 postcode districts in Redbridge for asking rent, at £1,943 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | IG8 | £2,105 a month | 270 | measured |
| 2 | IG4 | £2,050 a month | 75 | indicative |
| 3 | IG5 | £1,995 a month | 156 | measured |
| 4 | E18 | £1,946 a month | 243 | measured |
| 5 | IG2 | £1,943 a month | 304 | measured |
Full table: asking rent across postcode districts in Redbridge →
Gross yield, asking basis · postcode districts in Redbridge
IG2 ranks 3rd of 9 postcode districts in Redbridge for gross yield, asking basis, at 4.4%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
Where next from IG2?
- RedbridgeThe wider market this area sits in.
- E11Neighbouring postcode district · £6,758/m²
- E18Neighbouring postcode district · £6,222/m²
- IG1Neighbouring postcode district · £4,668/m²
- IG3Neighbouring postcode district · £6,230/m²
- IG4Neighbouring postcode district · £5,602/m²
- IG5Neighbouring postcode district · £5,818/m²
- IG6Neighbouring postcode district · £5,912/m²
- IG8Neighbouring postcode district · £6,290/m²
- RM6Next door, in another authority · £4,606/m²
- E12Next door, in another authority · £5,906/m²
- RM8Next door, in another authority · £5,668/m²
- IG7Next door, in another authority · £9,277/m²
- RM5Next door, in another authority · £4,464/m²
- IG11Next door, in another authority · £4,462/m²
- Homes for sale in IG2Live sale listings, the same place and cohort.
- Homes to rent in IG2Live lettings, the same place.
- Completed sales in IG2Registered completions, newest first.
- Planning applications in IG2Applications and decisions on record.
Questions about IG2
- What is the average rent in IG2?
- Homes to let in IG2 asked a median £1,943 a month over the 12 months to Jul 2026, 304 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in IG2?
- 4.4% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 611 lets. +1.6% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 304 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 611 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |