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Postcode Overview

of IG7 5HY

IG7 5HY is a residential postcode located on Millwell Crescent, Chigwell, IG7. It is the 358th largest postcode in the IG7 area.

It contains 16 houses and 10 unknown and the most common type of property is a mid-century house built between 1936 and 1979.

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Average property prices

in IG7 5HY

The average house value is £1,007,295. Sales values have increased in the last 12 months by 1.4% and Rental values have increased by 3.7%.

Property sale values range from £780,947 for a freehold house, with 3 bedrooms split across 1,001 square feet of gross internal area and has a garden to £2,397,872 for a freehold house, with 6 bedrooms split across 6,211 square feet of gross internal area and has a garden.

Average £/ft2 for properties in IG7 5HY is £653/ft2.

Properties achieve a rental yield of between 3.5% and 4.5%, and rental values range from £2,910 to £6,940 per month.

Sale value change
12 months
1.4%
Rental value change
12 months
3.7%
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Recent sales

within IG7 5HY

The last sale was 11 Dec 2023 for £860,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 4 sales since 1995.

IG7 5HY has seen 4 sales in the last three years and 1 sale in the last twelve months.

£860,000
Dec-2023
Sold
£903,000
May-2022
Sold
£1,051,000
Dec-2021
Sold
£1,000,000
Nov-2021
Sold
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Nearby postcodes

to IG7 5HY

IG7 5HY is the 358th largest and the 386th most expensive postcode out of the 483 postcodes in the IG7 area.

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Nearby postcodes

to IG7 5HY

IG7 5HY is the 358th largest and the 386th most expensive postcode out of the 483 postcodes in the IG7 area.

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Property types

in IG7 5HY

IG7 5HY is a residential postcode located on Millwell Crescent, Chigwell, IG7 with 16 houses and 10 unknown within its bounds.

The most common property type in IG7 5HY is a mid-century house built between 1936 and 1979.

mid-century house (15)
house (1)
Unknown (10)
Energy Efficiency

Energy Efficiency

of properties within IG7 5HY

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.

A (0)
E (8)
B (1)
F (1)
C (1)
G (0)
D (4)
No EPC (11)
Schools nearby

Schools nearby

to IG7 5HY

The nearest primary school to IG7 5HY is Limes Farm Junior School which is 400 metres away and is rated Good by Ofsted.
400 m
Limes Farm Junior School
Good
400 m
Limes Farm Infant School and Nursery
Good
900 m
Manford Primary School
Good
The nearest secondary school is West Hatch High School which is 1.7 kilometres away and is rated Good by Ofsted.
1.7 km
West Hatch High School
Good
1.9 km
Forest Academy
Good
2.0 km
King Solomon High School
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to IG7 5HY

The closest station to IG7 5HY is Grange Hill station which is 400 metres away.

400 m
Grange Hill
900 m
Hainault
1.2 km
Chigwell
1.8 km
Fairlop
Source: TfL
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