IG11 7NZ is a residential postcode situated on New England Industrial Estate, Barking, IG11 with 2 addresses.
It ranks as the 33rd largest and 785th most expensive of the 922 postcodes in the IG11 area.
The postcode contains a total of 2 properties: 2 houses.
IG11 7NZ is a residential postcode situated on New England Industrial Estate, Barking, IG11 with 2 addresses.
It ranks as the 33rd largest and 785th most expensive of the 922 postcodes in the IG11 area.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £440,615 for 4 bedroom freehold houses with a garden (1,237 ft2) to £440,615 for 4 bedroom freehold houses with a garden (1,237 ft2) .
Monthly rental prices range from £3,355 pcm for 4 bed houses to £3,355 pcm for 4 bed houses.
The gross rental yield is between 9.1% and 9.1%.
The average value per square foot is £356.
The last sale in IG11 7NZ sold for £41,750,000 on 13th November 2020. Since then prices are down an average of 0.0%.
The current average value in the postcode is £440,615.
The IG11 7NZ Sales Market has increased by 2.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.9% | £440,615 |
| April 2025 | -3% | £458,492 |
| April 2024 | -5% | £472,587 |
| April 2023 | 5.4% | £497,576 |
| April 2022 | 3.7% | £472,245 |
| April 2021 | 9.1% | £455,509 |
| April 2020 | -0.5% | £417,377 |
| April 2019 | -0.4% | £419,298 |
| April 2018 | -2.1% | £421,173 |
| April 2017 | 0.3% | £430,357 |
| April 2016 | 27.9% | £429,156 |
| April 2015 | 15.5% | £335,634 |
| April 2014 | 8.7% | £290,576 |
| April 2013 | 5% | £267,199 |
| April 2012 | -2.1% | £254,483 |
| April 2011 | 7.6% | £259,852 |
| April 2010 | 1.3% | £241,489 |
| April 2009 | -13.4% | £238,315 |
| April 2008 | 2.3% | £275,143 |
| April 2007 | 0% | £268,894 |
The current average rental value in the postcode is £3,355.
The IG11 7NZ Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £3,355pcm |
| April 2025 | 5.9% | £3,269pcm |
| April 2024 | 6.8% | £3,087pcm |
| April 2023 | 16% | £2,890pcm |
| April 2022 | 9.6% | £2,491pcm |
| April 2021 | 0.8% | £2,274pcm |
| April 2020 | 2.4% | £2,256pcm |
| April 2019 | 1.9% | £2,203pcm |
| April 2018 | 1.4% | £2,163pcm |
| April 2017 | -0.8% | £2,132pcm |
| April 2016 | 6.6% | £2,149pcm |
| April 2015 | 7.1% | £2,015pcm |
| April 2014 | 8.7% | £1,882pcm |
| April 2013 | 8.4% | £1,731pcm |
| April 2012 | 6.1% | £1,597pcm |
| April 2011 | 8.8% | £1,506pcm |
| April 2010 | 2.7% | £1,384pcm |
| April 2009 | -4.8% | £1,348pcm |
| April 2008 | 8.2% | £1,415pcm |
| April 2007 | 0% | £1,308pcm |
The last sale was on 13th November 2020 for £41,750,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
IG11 7NZ has seen no sales in the last three years and no sales in the last twelve months.
IG11 7NZ is the 33rd largest and the 785th most expensive postcode out of the 922 postcodes in the IG11 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IG11 7NZ, 44.4% of property is socially rented and 25.9% is privately rented.
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 IG11 7NZ, 29.7% of residents are recorded as possessing school level qualifications and 34.3% 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 IG11 7NZ, the average age was 29.8 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 IG11 7NZ, 0.0% 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 IG11 7NZ, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.