Monarch Way - IG2 7HT
Key Postcode Insights
IG2 7HT is a residential postcode situated on Monarch Way, Ilford, IG2 with 1 addresses.
It ranks as the 8th largest and 383rd most expensive of the 388 postcodes in the IG2 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £771,120
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £3,508pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £412/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
IG2 7HT is a residential postcode situated on Monarch Way, Ilford, IG2 with 1 addresses.
It ranks as the 8th largest and 383rd most expensive of the 388 postcodes in the IG2 area.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £771,120
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £3,508pcm
- 10 Year change
- up 49.9%
- Ave. £ per ft²
- £412/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Sales Market Trends
The last sale in IG2 7HT sold for £350,000 on 27th February 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £771,120.
The IG2 7HT Sales Market has increased by 19.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.8% | £771,120 |
| July 2025 | 3.1% | £785,203 |
| July 2024 | -2.7% | £761,638 |
| July 2023 | 2.6% | £782,980 |
| July 2022 | 3.8% | £762,888 |
| July 2021 | 5.1% | £734,676 |
| July 2020 | 4.8% | £699,063 |
| July 2019 | -0.1% | £666,872 |
| July 2018 | -0.9% | £667,407 |
| July 2017 | 4.3% | £673,352 |
| July 2016 | 11.4% | £645,691 |
| July 2015 | 13.1% | £579,768 |
| July 2014 | 15.3% | £512,692 |
| July 2013 | 1.3% | £444,614 |
| July 2012 | 3% | £438,837 |
| July 2011 | -0.2% | £426,049 |
| July 2010 | 15% | £427,091 |
| July 2009 | -6.7% | £371,478 |
| July 2008 | -3.5% | £398,162 |
| July 2007 | 0% | £412,473 |
Rental Market Trends
The current average rental value in the postcode is £3,508.
The IG2 7HT Rental Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.7% | £3,508pcm |
| July 2025 | 3.4% | £3,417pcm |
| July 2024 | 7.3% | £3,304pcm |
| July 2023 | 16.1% | £3,080pcm |
| July 2022 | 9% | £2,652pcm |
| July 2021 | 2.4% | £2,434pcm |
| July 2020 | 0.7% | £2,378pcm |
| July 2019 | 1.5% | £2,362pcm |
| July 2018 | 0.5% | £2,328pcm |
| July 2017 | -1% | £2,315pcm |
| July 2016 | 2.8% | £2,340pcm |
| July 2015 | 8.9% | £2,276pcm |
| July 2014 | 5.2% | £2,090pcm |
| July 2013 | 4.6% | £1,986pcm |
| July 2012 | 5.9% | £1,899pcm |
| July 2011 | 6.6% | £1,793pcm |
| July 2010 | 9.8% | £1,681pcm |
| July 2009 | -1.1% | £1,531pcm |
| July 2008 | 6.6% | £1,547pcm |
| July 2007 | 0% | £1,452pcm |
Sales History
The last recorded sale was on 27th February 2019 for £350,000 and since then the market in the area has remained stable.
IG2 7HT has had 1 sale since 1995, none of them in the last three years.
- Sold Feb 2019£350,000 | 5 Bed House5 The Parade, Monarch Way, Ilford, IG2 7HT5 The Parade, Monarch Way, Ilford, IG2 7HT
Nearby Postcodes
IG2 7HT is the 8th largest and the 383rd most expensive postcode out of the 388 postcodes in the IG2 area.
- IG2 7HR, Monarch Way, Ilford, IG2IG2 7HR81 Addresses|25 m away
- IG2 7HS, Monarch Way, Ilford, IG2IG2 7HS80 Addresses|25 m away
- IG2 7DJ, Glebelands Avenue, Ilford, IG2IG2 7DJ21 Addresses|77 m away
- IG2 7NY, Monarch Way, Ilford, IG2IG2 7NY28 Addresses|92 m away
- IG2 7HY, Eastern Avenue, Ilford, IG2IG2 7HY56 Addresses|114 m away
Property Types
- 1 other address of unknown type
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jan 2023£635,000 | 5 Bed House8, Monarch Way, Ilford, IG2 7NY8, Monarch Way, Ilford, IG2 7NY
- Sold Dec 2019£601,000 | 5 Bed House6, Monarch Way, Ilford, IG2 7NY6, Monarch Way, Ilford, IG2 7NY
- Sold Aug 2020£600,000 | 5 Bed House5, Monarch Way, Ilford, IG2 7NY5, Monarch Way, Ilford, IG2 7NY
Schools Nearby
- Newbury Park Primary School300 m away
- Aldborough Primary School600 m away
- Downshall Primary School700 m away
- Oaks Park High School400 m away
- The Palmer Catholic Academy1.3 km away
- Valentines High School1.5 km away
More reading links
Public Transport Nearby
The closest station to IG2 7HT is Newbury Park station, which is 200 metres away.
- Newbury Park|200 m away
- Barkingside|1.2 km away
- Seven Kings|1.3 km away
- Gants Hill|1.5 km away
