IG7 4NL is a residential postcode located on Burrow Road, Chigwell, IG7. It is the 421st largest postcode in the IG7 area.
It contains 23 houses and 11 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £417,868. Sales values have increased in the last 12 months by 3.3% and Rental values have increased by 5.7%.
Property sale values range from £371,686 for a freehold house, with 3 bedrooms split across 721 square feet of gross internal area and has a garden to £531,492 for a freehold house, with 4 bedrooms split across 1,339 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IG7 4NL is £468/ft2.
Properties achieve a rental yield of between 6% and 6.7%, and rental values range from £2,072 to £2,641 per month.
The last sale was 15 Mar 2024 for £400,000 and since then the market in the area has increased by 2.4%. The postcode has had a total of 4 sales since 1995.
IG7 4NL has seen 3 sales in the last three years and 1 sale in the last twelve months.
IG7 4NL is the 421st largest and the 133rd most expensive postcode out of the 483 postcodes in the IG7 area.
IG7 4NL is the 421st largest and the 133rd most expensive postcode out of the 483 postcodes in the IG7 area.
IG7 4NL is a residential postcode located on Burrow Road, Chigwell, IG7 with 23 houses and 11 unknown within its bounds.
The most common property type in IG7 4NL is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to IG7 4NL is Grange Hill station which is 1.3 kilometres 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 IG7 4NL, 34.2% of property is socially rented and 32.9% 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 IG7 4NL, 18.8% of residents are recorded as possessing school level qualifications and 38.2% 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 IG7 4NL, the average age was 35.7 and the most common age was 32.
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 IG7 4NL, 0.5% 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 IG7 4NL, 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.