IG8 7ND is a residential postcode located on Prospect Road, Woodford Green, IG8. It is the 769th largest postcode in the IG8 area.
It contains 78 residential addresses consisting of 39 houses, 14 flats and 25 unknown and the most common type of property is a period house built between 1800 and 1911.
The average house value is £554,111. Sales values have increased in the last 12 months by 2.3% and Rental values have increased by 2.6%.
Property sale values range from £276,146 for a leasehold flat, with 2 bedrooms split across 452 square feet of gross internal area and has no outside space to £873,397 for a freehold house, with 5 bedrooms split across 2,110 square feet of gross internal area and has a garden.
Average £/ft2 for properties in IG8 7ND is £606/ft2.
Properties achieve a rental yield of between 4.7% and 6.1%, and rental values range from £1,391 to £3,429 per month.
The last sale was 28 Mar 2024 for £755,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 4 sales since 1995.
IG8 7ND has seen 4 sales in the last three years and 3 sales in the last twelve months.
IG8 7ND is the 769th largest and the 368th most expensive postcode out of the 769 postcodes in the IG8 area.
IG8 7ND is the 769th largest and the 368th most expensive postcode out of the 769 postcodes in the IG8 area.
IG8 7ND is a residential postcode located on Prospect Road, Woodford Green, IG8 with 39 houses, 14 flats and 25 unknown within its bounds.
The most common property type in IG8 7ND is a period house built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to IG8 7ND is Woodford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around IG8 7ND, 50.0% of property is privately owned with a mortgage and 32.3% is privately owned outright.
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 IG8 7ND, 11.7% of residents are recorded as possessing school level qualifications and 51.6% 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 IG8 7ND, the average age was 38.8 and the most common age was 37.
The graph below shows how this compares to Greater London 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 IG8 7ND, 1.2% of property was a second home.
Comparison figures for Greater London 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 IG8 7ND, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.