IG2 7RZ is a residential postcode located on Eastern Avenue, Ilford, IG2. It is the 138th largest postcode in the IG2 area.
It contains 18 residential addresses consisting of 10 houses, 2 flats and 6 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £495,101. Sales values have increased in the last 12 months by 2.1% and Rental values have increased by 4.7%.
Property sale values range from £301,791 for a leasehold flat, with 3 bedrooms split across 808 square feet of gross internal area and has a garden to £633,774 for a freehold house, with 4 bedrooms split across 1,625 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IG2 7RZ is £491/ft2.
Properties achieve a rental yield of between 5.9% and 6.9%, and rental values range from £1,744 to £3,099 per month.
The last sale was 26 May 2020 for £445,000 and since then the market in the area has increased by 11.4%. The postcode has had a total of 4 sales since 1995.
IG2 7RZ has seen no sales in the last three years and no sales in the last twelve months.
IG2 7RZ is the 138th largest and the 177th most expensive postcode out of the 394 postcodes in the IG2 area.
IG2 7RZ is the 138th largest and the 177th most expensive postcode out of the 394 postcodes in the IG2 area.
IG2 7RZ is a residential postcode located on Eastern Avenue, Ilford, IG2 with 10 houses, 2 flats and 6 unknown within its bounds.
The most common property type in IG2 7RZ is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to IG2 7RZ is Newbury Park station which is 900 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 IG2 7RZ, 41.3% of property is privately owned with a mortgage and 26.5% is privately owned outright.
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 IG2 7RZ, 26.6% of residents are recorded as possessing school level qualifications and 52.5% 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 IG2 7RZ, the average age was 36.6 and the most common age was 27.
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 IG2 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 IG2 7RZ, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.