IG3 8LW is a residential postcode located on Elgin Road, Ilford, IG3. It is the 463rd largest postcode in the IG3 area.
It contains 97 residential addresses consisting of 13 houses, 58 flats and 26 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £246,923. Sales values have increased in the last 12 months by 0.6% and Rental values have increased by 4.0%.
Property sale values range from £152,686 for a leasehold flat, with 1 bedrooms split across 280 square feet of gross internal area and has no outside space to £892,089 for a freehold house, with 5 bedrooms split across 2,325 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IG3 8LW is £433/ft2.
Properties achieve a rental yield of between 4.8% and 7.4%, and rental values range from £925 to £3,562 per month.
The last sale was 23 Jan 2020 for £110,000 and since then the market in the area has increased by 7.8%. The postcode has had a total of 4 sales since 1995.
IG3 8LW has seen no sales in the last three years and no sales in the last twelve months.
IG3 8LW is the 463rd largest and the 65th most expensive postcode out of the 464 postcodes in the IG3 area.
IG3 8LW is the 463rd largest and the 65th most expensive postcode out of the 464 postcodes in the IG3 area.
IG3 8LW is a residential postcode located on Elgin Road, Ilford, IG3 with 13 houses, 58 flats and 26 unknown within its bounds.
The most common property type in IG3 8LW is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to IG3 8LW is Seven Kings station which is 600 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 IG3 8LW, 47.6% of property is privately rented and 22.8% 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 IG3 8LW, 25.1% of residents are recorded as possessing school level qualifications and 34.6% 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 IG3 8LW, the average age was 34.2 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 IG3 8LW, 0.2% 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 IG3 8LW, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.