November 30, 2018 By darya_admin
The South East’s Latest Boom Town is Just 10 Miles from London
If you are looking for a small town vibe in easy communing distance of the city, Ilford needs to go to the top of your list.
As the Shoreditch effect has continued its seemingly unstoppable march across inner London, gentrification has sent prices in places like Hackney, Leyton and even Stoke Newington skyrocketing out of the reach of mere mortals. This has led many to venture further out into the suburbs, to the realms of the North Circular and beyond.
Under such circumstances, Ilford is a natural place to look, and a glance at the shop windows or websites of estate agents and letting agents in Ilford provides reassurance that you are back in the real world as far as prices are concerned. But don’t let that fool you. Ilford is not just a reasonably priced bedroom community for city workers. The town has a long history and a character all of its own.
Welcome to Ilford
Ilford’s strategic location on the River Roding and in a direct line between London and Colchester made it an inevitable location for a coaching town to spring up, and in this respect, it has a lot in common with Romford and Chelmsford. The arrival of railways in the late 1800s cemented its position, and just like these other coaching towns, it developed a bustling commercial and retail centre at its heart.
This has survived to this day, and the Exchange Shopping Centre is a modern and airy shopping mall with a good variety of high street favourites such as Debenhams, Marks and Spencer, H&M and so on, as well as a food court with a variety of eating options.
It’s what people want from a medium sized town, but is not so different to a dozen other shopping centres around the country. Step out onto Ilford High Road and the surrounding streets, however, and you can get to experience the real Ilford. Here, there is an eclectic mix of family owned independent stores. Ilford’s cosmopolitan and multicultural nature gives the town an atmosphere all of its own – there are influences from all corners of the globe, yet it is like nowhere else on earth.
Of course, Ilford’s location and links to other major hubs have always been a major draw. The new Elizabeth Line runs through the town, and you can be at Liverpool Street Station in the heart of the city in less than 20 minutes.
If you prefer to travel by car, the North Circular is right on your doorstep, and it’s a five minute drive to the M11.
So just how reasonable is reasonable? Well, a three-bedroom terrace will set you back less than £500,000, while one and two bedroom flats can be found around the £200,000 mark. For renters, the news is equally positive. There is a good choice of established three-bedroom properties costing around £1,700 per month, and a one-bedroom flat can be yours for as little as £1,000 per month.
Ilford has managed to stay something of a well kept secret in recent years, but don’t expect that to remain the case forever. This could be the ideal time to make it your new home town.