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Postcode Overview
of IG7 5LU
IG7 5LU is a residential postcode located on Limes Avenue, Chigwell, IG7. It is the 367th largest postcode in the IG7 area.
It contains 27 residential addresses consisting of 16 houses, 4 flats and 7 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
Average property prices
in IG7 5LU
The average house value is £379,472. Sales values have increased in the last 12 months by 3.6% and Rental values have increased by 5.4%.
Property sale values range from £174,528 for a leasehold flat, with 2 bedrooms split across 366 square feet of gross internal area and has no outside space to £390,990 for a freehold house, with 3 bedrooms split across 1,010 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IG7 5LU is £382/ft2.
Properties achieve a rental yield of between 6.3% and 7.9%, and rental values range from £1,152 to £2,054 per month.
Recent sales
within IG7 5LU
The last sale was 30 May 2023 for £375,000 and since then the market in the area has increased by 3.8%. The postcode has had a total of 4 sales since 1995.
IG7 5LU has seen 4 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to IG7 5LU
IG7 5LU is the 367th largest and the 95th most expensive postcode out of the 483 postcodes in the IG7 area.
Nearby postcodes
to IG7 5LU
IG7 5LU is the 367th largest and the 95th most expensive postcode out of the 483 postcodes in the IG7 area.
Property types
in IG7 5LU
IG7 5LU is a residential postcode located on Limes Avenue, Chigwell, IG7 with 16 houses, 4 flats and 7 unknown within its bounds.
The most common property type in IG7 5LU is a mid-century house built between 1936 and 1979.
Energy Efficiency
of properties within IG7 5LU
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
Schools nearby
to IG7 5LU
Public transport nearby
to IG7 5LU
The closest station to IG7 5LU is Hainault station which is 400 metres away.
