Spencer Road - IG3 8PW
Key Postcode Insights
IG3 8PW is a residential postcode situated on Spencer Road, Ilford, IG3 with 70 addresses.
It ranks as the 447th largest and 190th most expensive of the 456 postcodes in the IG3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 70 properties: 62 houses and 8 flats.
- Ave. Sale Price
- £452,197
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £2,240pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £501/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
IG3 8PW is a residential postcode situated on Spencer Road, Ilford, IG3 with 70 addresses.
It ranks as the 447th largest and 190th most expensive of the 456 postcodes in the IG3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 70 properties: 62 houses and 8 flats.
- Ave. Sale Price
- £452,197
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £2,240pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £501/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin IG3 8PW
- 1 Spencer Road
3 Bed Period House
- 2 Spencer Road
Unknown
- 3 Spencer Road
3 Bed Period House
- 4 Spencer Road
3 Bed Period House
- 5 Spencer Road
3 Bed Period House
Sales Market Trends
The last sale in IG3 8PW sold for £265,000 on 9th March 2026. Since then prices are down an average of 0.1%.
The current average value in the postcode is £452,197.
The IG3 8PW Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £452,197 |
| June 2025 | 2.7% | £461,127 |
| June 2024 | -0.1% | £449,058 |
| June 2023 | -3.6% | £449,319 |
| June 2022 | 9.1% | £466,084 |
| June 2021 | 5.7% | £427,153 |
| June 2020 | 5.1% | £403,932 |
| June 2019 | -2.3% | £384,321 |
| June 2018 | 0.8% | £393,419 |
| June 2017 | 5.3% | £390,270 |
| June 2016 | 14.8% | £370,748 |
| June 2015 | 12.3% | £322,918 |
| June 2014 | 13.3% | £287,504 |
| June 2013 | 4.2% | £253,833 |
| June 2012 | 1.5% | £243,687 |
| June 2011 | -1.9% | £240,144 |
| June 2010 | 7.6% | £244,691 |
| June 2009 | -11.2% | £227,473 |
| June 2008 | 0.1% | £256,278 |
| June 2007 | 0% | £255,908 |
Rental Market Trends
The current average rental value in the postcode is £2,240.
The IG3 8PW Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £2,240pcm |
| June 2025 | 3.1% | £2,196pcm |
| June 2024 | 8.9% | £2,129pcm |
| June 2023 | 15.3% | £1,956pcm |
| June 2022 | 7.3% | £1,697pcm |
| June 2021 | 1% | £1,582pcm |
| June 2020 | 0.5% | £1,567pcm |
| June 2019 | 1.4% | £1,559pcm |
| June 2018 | -0.4% | £1,537pcm |
| June 2017 | -1.2% | £1,544pcm |
| June 2016 | 4.5% | £1,563pcm |
| June 2015 | 10.2% | £1,496pcm |
| June 2014 | 4.8% | £1,358pcm |
| June 2013 | 4.3% | £1,296pcm |
| June 2012 | 7% | £1,242pcm |
| June 2011 | 6.4% | £1,160pcm |
| June 2010 | 5.9% | £1,091pcm |
| June 2009 | -4.7% | £1,030pcm |
| June 2008 | 7.6% | £1,080pcm |
| June 2007 | 0% | £1,004pcm |
Sales History
The last sale was on 9th March 2026 for £265,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 84 sales since 1995.
IG3 8PW has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£265,000 | 3 Bed House54, Spencer Road, Ilford, IG3 8PW54, Spencer Road, Ilford, IG3 8PW
- Sold Dec 2024£550,000 | 4 Bed House29, Spencer Road, Ilford, IG3 8PW29, Spencer Road, Ilford, IG3 8PW
- Sold Oct 2024£437,500 | 3 Bed House43, Spencer Road, Ilford, IG3 8PW43, Spencer Road, Ilford, IG3 8PW
- Sold Jun 2024£475,000 | 3 Bed House9, Spencer Road, Ilford, IG3 8PW9, Spencer Road, Ilford, IG3 8PW
- Sold Nov 2023£462,000 | 3 Bed House25, Spencer Road, Ilford, IG3 8PW25, Spencer Road, Ilford, IG3 8PW
Nearby Postcodes
IG3 8PW is the 447th largest and the 190th most expensive postcode out of the 456 postcodes in the IG3 area.
- IG3 8PR, Chester Road, Ilford, IG3IG3 8PR23 Addresses|70 m away
- IG3 8SB, Westwood Road, Ilford, IG3IG3 8SB22 Addresses|83 m away
- IG3 8PS, Chester Road, Ilford, IG3IG3 8PS16 Addresses|100 m away
- IG3 8PU, Chester Road, Ilford, IG3IG3 8PU19 Addresses|107 m away
- IG3 8RN, High Road, Ilford, IG3IG3 8RN12 Addresses|107 m away
Property Types
- 39 period houses built between 1800 and 1911
- 8 period flats built between 1800 and 1911
- 3 houses of an unknown age
- 20 other addresses of unknown type
- period house (39)
- period flat (8)
- house (3)
- Unknown (20)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 43 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (1)
- F (0)
- C (9)
- G (0)
- D (28)
- No EPC (27)
Top 3 Most Expensive Sales
- Sold Dec 2024£550,000 | 4 Bed House29, Spencer Road, Ilford, IG3 8PW29, Spencer Road, Ilford, IG3 8PW
- Sold Jun 2024£475,000 | 3 Bed House9, Spencer Road, Ilford, IG3 8PW9, Spencer Road, Ilford, IG3 8PW
- Sold Jan 2021£470,000 | 3 Bed House32, Spencer Road, Ilford, IG3 8PW32, Spencer Road, Ilford, IG3 8PW
Schools Nearby
- Downshall Primary School700 m away
- Farnham Green Primary School700 m away
- Aldborough Primary School700 m away
- The Palmer Catholic Academy700 m away
- Chadwell Heath Academy1.2 km away
- Mayfield School1.2 km away
More reading links
Public Transport Nearby
The closest station to IG3 8PW is Seven Kings station, which is 400 metres away.
- Seven Kings|400 m away
- Goodmayes|500 m away
- Newbury Park|1.3 km away
