Oaks Lane - IG2 7PY
Key Postcode Insights
IG2 7PY is a residential postcode situated on Oaks Lane, Ilford, IG2 with 39 addresses.
It ranks as the 305th largest and 159th most expensive of the 384 postcodes in the IG2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £510,690
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £2,507pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £516/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
IG2 7PY is a residential postcode situated on Oaks Lane, Ilford, IG2 with 39 addresses.
It ranks as the 305th largest and 159th most expensive of the 384 postcodes in the IG2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 39 properties: 39 houses.
- Ave. Sale Price
- £510,690
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £2,507pcm
- 10 Year change
- up 47.8%
- Ave. £ per ft²
- £516/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin IG2 7PY
- 106 Oaks Lane
House
- 108 Oaks Lane
House
- 110 Oaks Lane
House
- 112 Oaks Lane
3 Bed Mid-century House
- 114 Oaks Lane
House
Sales Market Trends
The last sale in IG2 7PY sold for £392,000 on 22nd March 2023. Since then prices are up an average of 8.1%.
The current average value in the postcode is £510,690.
The IG2 7PY Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £510,690 |
| June 2025 | 2.8% | £512,144 |
| June 2024 | -1.9% | £497,976 |
| June 2023 | 2.3% | £507,462 |
| June 2022 | 4.2% | £495,936 |
| June 2021 | 5.8% | £476,009 |
| June 2020 | 3% | £449,897 |
| June 2019 | -0.1% | £436,760 |
| June 2018 | -0.1% | £437,377 |
| June 2017 | 4.4% | £437,703 |
| June 2016 | 14.1% | £419,129 |
| June 2015 | 14.2% | £367,212 |
| June 2014 | 15.8% | £321,500 |
| June 2013 | 1.4% | £277,690 |
| June 2012 | 3.2% | £273,815 |
| June 2011 | -0.8% | £265,212 |
| June 2010 | 13.1% | £267,463 |
| June 2009 | -11.1% | £236,441 |
| June 2008 | -1.1% | £266,039 |
| June 2007 | 0% | £269,078 |
Rental Market Trends
The current average rental value in the postcode is £2,507.
The IG2 7PY Rental Market has increased by 47.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £2,507pcm |
| June 2025 | 3.4% | £2,453pcm |
| June 2024 | 8.3% | £2,371pcm |
| June 2023 | 15.7% | £2,190pcm |
| June 2022 | 8.3% | £1,892pcm |
| June 2021 | 2.4% | £1,748pcm |
| June 2020 | 0.6% | £1,707pcm |
| June 2019 | 1.4% | £1,696pcm |
| June 2018 | -0.4% | £1,673pcm |
| June 2017 | -1% | £1,679pcm |
| June 2016 | 5.3% | £1,696pcm |
| June 2015 | 10.3% | £1,610pcm |
| June 2014 | 6% | £1,460pcm |
| June 2013 | 4% | £1,378pcm |
| June 2012 | 6.8% | £1,325pcm |
| June 2011 | 6.4% | £1,240pcm |
| June 2010 | 7.6% | £1,166pcm |
| June 2009 | -4% | £1,083pcm |
| June 2008 | 7.8% | £1,128pcm |
| June 2007 | 0% | £1,046pcm |
Sales History
The last sale was on 22nd March 2023 for £392,000 and since then the market in the area has increased by 8.1%. The postcode has had a total of 29 sales since 1995.
IG2 7PY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£392,000 | 4 Bed House120, Oaks Lane, Ilford, IG2 7PY120, Oaks Lane, Ilford, IG2 7PY
- Sold Nov 2022£401,000 | 4 Bed House120, Oaks Lane, Ilford, IG2 7PY120, Oaks Lane, Ilford, IG2 7PY
- Sold Apr 2021£466,500 | 3 Bed House172, Oaks Lane, Ilford, IG2 7PY172, Oaks Lane, Ilford, IG2 7PY
- Sold Apr 2021£548,000 | 4 Bed House164, Oaks Lane, Ilford, IG2 7PY164, Oaks Lane, Ilford, IG2 7PY
- Sold Sep 2020£415,000 | 4 Bed House144, Oaks Lane, Ilford, IG2 7PY144, Oaks Lane, Ilford, IG2 7PY
Nearby Postcodes
IG2 7PY is the 305th largest and the 159th most expensive postcode out of the 384 postcodes in the IG2 area.
- IG2 7JN, Leyswood Drive, Ilford, IG2IG2 7JN38 Addresses|39 m away
- IG2 7PU, Southdown Crescent, Ilford, IG2IG2 7PU24 Addresses|107 m away
- IG2 7JL, Leyswood Drive, Ilford, IG2IG2 7JL25 Addresses|133 m away
- IG2 7PZ, Cheviot Way, Ilford, IG2IG2 7PZ4 Addresses|134 m away
- IG2 7PX, Oaks Lane, Ilford, IG2IG2 7PX12 Addresses|164 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 7 early-century houses built between 1912 and 1935
- 20 other addresses of unknown type
- mid-century house (11)
- house (1)
- early-century house (7)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (1)
- C (7)
- G (0)
- D (7)
- No EPC (21)
Top 3 Most Expensive Sales
- Sold Mar 2023£1,950,000 | 3 Bed House8, Oaks Lane, Ilford, IG2 7PL8, Oaks Lane, Ilford, IG2 7PL
- Sold Aug 2017£1,650,000 | 4 Bed House4, Oaks Lane, Ilford, IG2 7PL4, Oaks Lane, Ilford, IG2 7PL
- Sold Aug 2017£1,650,000 | 3 Bed FlatFlat 1, Samveer Court 2, Oaks Lane, Ilford, IG2 7PLFlat 1, Samveer Court 2, Oaks Lane, Ilford, IG2 7PL
Schools Nearby
- William Torbitt Primary School500 m away
- Avanti Court Primary School800 m away
- Newbury Park Primary School900 m away
- Oaks Park High School400 m away
- King Solomon High School1.4 km away
- Ilford County High School1.6 km away
More reading links
Public Transport Nearby
The closest station to IG2 7PY is Barkingside station, which is 600 metres away.
- Barkingside|600 m away
- Newbury Park|700 m away
- Fairlop|1.6 km away
- Gants Hill|1.9 km away