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.
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.
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.
IG7 5HY is the 358th largest and the 386th most expensive postcode out of the 483 postcodes in the IG7 area.
IG7 5HY is the 358th largest and the 386th most expensive postcode out of the 483 postcodes in the IG7 area.
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.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to IG7 5HY is Grange Hill station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around IG7 5HY, 49.6% of property is privately owned outright and 39.4% 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 5HY, 17.3% of residents are recorded as possessing school level qualifications and 45.1% 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 5HY, the average age was 38.7 and the most common age was 32.
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 5HY, 0.3% 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 5HY, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.