IG7 5BY is a residential postcode located on Emmaus Way, Chigwell, IG7. It is the 339th largest postcode in the IG7 area.
It contains 22 houses and 2 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £768,157. Sales values have increased in the last 12 months by 1.8% and Rental values have increased by 3.2%.
Property sale values range from £627,594 for a freehold house, with 3 bedrooms split across 990 square feet of gross internal area and has a garden to £956,533 for a freehold house, with 5 bedrooms split across 2,013 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IG7 5BY is £546/ft2.
Properties achieve a rental yield of between 3.8% and 4.7%, and rental values range from £2,450 to £3,051 per month.
The last sale was 30 Jun 2021 for £700,000 and since then the market in the area has increased by 7%. The postcode has had a total of 4 sales since 1995.
IG7 5BY has seen 3 sales in the last three years and no sales in the last twelve months.
IG7 5BY is the 339th largest and the 320th most expensive postcode out of the 483 postcodes in the IG7 area.
IG7 5BY is the 339th largest and the 320th most expensive postcode out of the 483 postcodes in the IG7 area.
IG7 5BY is a residential postcode located on Emmaus Way, Chigwell, IG7 with 22 houses and 2 unknown within its bounds.
The most common property type in IG7 5BY 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 5BY is Chigwell 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 IG7 5BY, 45.7% of property is privately owned outright and 45.0% 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 5BY, 15.6% of residents are recorded as possessing school level qualifications and 43.1% 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 5BY, the average age was 42.3 and the most common age was 57.
The graph below shows how this compares to East of England 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 5BY, 0.6% of property was a second home.
Comparison figures for East of England 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 5BY, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.