IG2 7HS is a residential postcode situated on Monarch Way, Ilford, IG2 with 161 addresses.
It ranks as the 382nd largest of the 384 postcodes in the IG2 area.
The postcode contains a total of 161 properties: 80 flats and 81 other properties.
IG2 7HS is a residential postcode situated on Monarch Way, Ilford, IG2 with 161 addresses.
It ranks as the 382nd largest of the 384 postcodes in the IG2 area.
The postcode contains a total of 161 properties: 80 flats and 81 other properties.
The last sale in IG2 7HS sold for £192,500 on 20th June 2024. Since then prices are up an average of 2.4%.
The current average value in the postcode is £286,928.
The IG2 7HS Sales Market has increased by 8.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £286,928 |
| April 2025 | 0.6% | £295,221 |
| April 2024 | -2% | £293,451 |
| April 2023 | 1.5% | £299,586 |
| April 2022 | -0.5% | £295,088 |
| April 2021 | 3% | £296,622 |
| April 2020 | 2.2% | £287,909 |
| April 2019 | 0.5% | £281,629 |
| April 2018 | 0% | £280,261 |
| April 2017 | 5.9% | £280,328 |
| April 2016 | 10.7% | £264,798 |
| April 2015 | 15.8% | £239,240 |
| April 2014 | 11.5% | £206,558 |
| April 2013 | 1.3% | £185,201 |
| April 2012 | 2.9% | £182,858 |
| April 2011 | -2.2% | £177,761 |
| April 2010 | 5.9% | £181,763 |
| April 2009 | -12.6% | £171,697 |
| April 2008 | 1.7% | £196,394 |
| April 2007 | 0% | £193,081 |
The current average rental value in the postcode is £1,485.
The IG2 7HS Rental Market has increased by 36.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,485pcm |
| April 2025 | 2.2% | £1,439pcm |
| April 2024 | 10.7% | £1,408pcm |
| April 2023 | 13.8% | £1,271pcm |
| April 2022 | 2.9% | £1,118pcm |
| April 2021 | -1% | £1,086pcm |
| April 2020 | 1.9% | £1,097pcm |
| April 2019 | 1.5% | £1,076pcm |
| April 2018 | -2.1% | £1,060pcm |
| April 2017 | -0.6% | £1,083pcm |
| April 2016 | 3.6% | £1,089pcm |
| April 2015 | 11.4% | £1,052pcm |
| April 2014 | 2% | £945pcm |
| April 2013 | 4.7% | £926pcm |
| April 2012 | 5.3% | £884pcm |
| April 2011 | 6.2% | £840pcm |
| April 2010 | 0.7% | £791pcm |
| April 2009 | -3.5% | £785pcm |
| April 2008 | 8.1% | £814pcm |
| April 2007 | 0% | £753pcm |
The last sale was on 20th June 2024 for £192,500 and since then the market in the area has increased by 2.4%. The postcode has had a total of 125 sales since 1995.
IG2 7HS has seen 3 sales in the last three years and no sales in the last twelve months.
IG2 7HS is the 382nd largest and the 69th most expensive postcode out of the 384 postcodes in the IG2 area.
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The closest station to IG2 7HS is Newbury Park station which is 100 metres away.
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