IG3 8PW is a residential postcode located on Spencer Road, Ilford, IG3. It is the 455th largest postcode in the IG3 area.
It contains 70 residential addresses consisting of 41 houses, 2 flats and 27 unknown and the most common type of property is a period house built between 1800 and 1911.
The average house value is £428,235. Sales values have increased in the last 12 months by 0.9% and Rental values have increased by 4.2%.
Property sale values range from £219,522 for a leasehold flat, with 2 bedrooms split across 512 square feet of gross internal area and has no outside space to £550,090 for a freehold house, with 4 bedrooms split across 1,389 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IG3 8PW is £488/ft2.
Properties achieve a rental yield of between 5.9% and 7.1%, and rental values range from £1,300 to £2,707 per month.
The last sale was 07 Nov 2023 for £462,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 4 sales since 1995.
IG3 8PW has seen 4 sales in the last three years and 1 sale in the last twelve months.
IG3 8PW is the 455th largest and the 171st most expensive postcode out of the 464 postcodes in the IG3 area.
IG3 8PW is the 455th largest and the 171st most expensive postcode out of the 464 postcodes in the IG3 area.
IG3 8PW is a residential postcode located on Spencer Road, Ilford, IG3 with 41 houses, 2 flats and 27 unknown within its bounds.
The most common property type in IG3 8PW is a period house built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to IG3 8PW is Seven Kings station which is 400 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 8PW, 41.7% of property is privately rented and 30.2% is privately owned with a mortgage.
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 8PW, 34.0% of residents are recorded as possessing school level qualifications and 32.3% 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 8PW, 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 8PW, 0.4% 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 8PW, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.