IG11 7RZ is a residential postcode located on Mizzen Street, Barking, IG11. It is the 870th largest postcode in the IG11 area.
It contains 88 flats and the most common type of property is a modern flat built after 1980.
The average house value is £163,004. Sales values have decreased in the last 12 months by 0.6% and Rental values have increased by 3.2%.
Property sale values range from £141,549 for a leasehold flat, with 2 bedrooms split across 549 square feet of gross internal area and has a balcony to £208,621 for a leasehold flat, with 3 bedrooms split across 1,184 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in IG11 7RZ is £225/ft2.
Properties achieve a rental yield of between 8% and 8.5%, and rental values range from £999 to £1,391 per month.
The last sale was 09 Feb 2022 for £120,000 and since then the market in the area has decreased by -1.6%. The postcode has had a total of 4 sales since 1995.
IG11 7RZ has seen 1 sale in the last three years and no sales in the last twelve months.
IG11 7RZ is the 870th largest and the 25th most expensive postcode out of the 877 postcodes in the IG11 area.
IG11 7RZ is the 870th largest and the 25th most expensive postcode out of the 877 postcodes in the IG11 area.
IG11 7RZ is a residential postcode located on Mizzen Street, Barking, IG11 with 88 flats within its bounds.
The most common property type in IG11 7RZ is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to IG11 7RZ is Barking station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IG11 7RZ, 45.7% of property is socially rented and 35.2% is shared ownership.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IG11 7RZ, 32.1% of residents are recorded as possessing school level qualifications and 59.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around IG11 7RZ, the average age was 29.8 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IG11 7RZ, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IG11 7RZ, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.