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IG7 5LY

IG7 5LY

Last update: Sep 2024

Postcode Overview

of IG7 5LY

IG7 5LY is a residential postcode located on Limes Avenue, Chigwell, IG7. It is the 161st largest postcode in the IG7 area.

It contains 11 residential addresses consisting of 4 houses, 3 flats and 4 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 5LY

The average house value is £377,214. 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 £223,857 for a leasehold flat, with 2 bedrooms split across 420 square feet of gross internal area and has no outside space to £391,901 for a freehold house, with 3 bedrooms split across 1,098 square feet of gross internal area and has a garden.

Average £/ft2 for properties in IG7 5LY is £369/ft2.

Properties achieve a rental yield of between 5.9% and 7.5%, and rental values range from £1,408 to £2,020 per month.

Sale value change
12 months
3.6%
Rental value change
12 months
5.4%
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Recent sales

within IG7 5LY

The last sale was 30 Nov 2021 for £220,000 and since then the market in the area has increased by 6.6%. The postcode has had a total of 4 sales since 1995.

IG7 5LY has seen 1 sale in the last three years and no sales in the last twelve months.

£220,000
Nov-2021
Sold
£332,000
Sep-2020
Sold
£321,000
Jun-2019
Sold
£92,500
Sep-2005
Sold
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Nearby postcodes

to IG7 5LY

IG7 5LY is the 161st largest and the 90th most expensive postcode out of the 483 postcodes in the IG7 area.

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Nearby postcodes

to IG7 5LY

IG7 5LY is the 161st largest and the 90th most expensive postcode out of the 483 postcodes in the IG7 area.

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Property types

in IG7 5LY

IG7 5LY is a residential postcode located on Limes Avenue, Chigwell, IG7 with 4 houses, 3 flats and 4 unknown within its bounds.

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

mid-century house (4)
mid-century flat (3)
Unknown (4)
Energy Efficiency

Energy Efficiency

of properties within IG7 5LY

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

A (0)
E (1)
B (0)
F (1)
C (0)
G (0)
D (6)
No EPC (3)
Schools nearby

Schools nearby

to IG7 5LY

The nearest primary school to IG7 5LY is Limes Farm Junior School which is 300 metres away and is rated Good by Ofsted.
300 m
Limes Farm Junior School
Good
300 m
Limes Farm Infant School and Nursery
Good
800 m
Fairlop Primary School
Good
The nearest secondary school is King Solomon High School which is 1.4 kilometres away and is rated RequiresImprovement by Ofsted.
1.4 km
King Solomon High School
Requires improvement
1.7 km
Ilford County High School
Good
1.9 km
West Hatch High School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to IG7 5LY

The closest station to IG7 5LY is Hainault station which is 400 metres away.

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