IG7 4FQ is a residential postcode situated on Alderwood Terrace, Chigwell, IG7 with 13 addresses.
It ranks as the 181st largest and 67th most expensive of the 477 postcodes in the IG7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 13 properties: 5 houses and 8 flats.
IG7 4FQ is a residential postcode situated on Alderwood Terrace, Chigwell, IG7 with 13 addresses.
It ranks as the 181st largest and 67th most expensive of the 477 postcodes in the IG7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 13 properties: 5 houses and 8 flats.
Sale prices range from £323,235 for 2 bedroom leasehold flats (645 ft2) to £678,854 for 4 bedroom freehold houses with a garden (1,388 ft2) .
Monthly rental prices range from £1,698 pcm for 2 bed flats to £2,798 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 6.3%.
The average value per square foot is £500.
The last sale in IG7 4FQ sold for £330,000 on 28th November 2025. Since then prices are up an average of 1.0%.
The current average value in the postcode is £457,164.
The IG7 4FQ Sales Market has increased by 25.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £457,164 |
| April 2025 | 2.6% | £451,608 |
| April 2024 | -1.6% | £440,141 |
| April 2023 | 2.2% | £447,200 |
| April 2022 | 7.9% | £437,475 |
| April 2021 | 4.7% | £405,280 |
| April 2020 | 2.5% | £387,229 |
| April 2019 | -0.7% | £377,855 |
| April 2018 | -0.3% | £380,635 |
| April 2017 | 4.8% | £381,899 |
| April 2016 | 16.5% | £364,274 |
| April 2015 | 12.7% | £312,756 |
| April 2014 | 11.2% | £277,598 |
| April 2013 | 3.7% | £249,539 |
| April 2012 | 1.3% | £240,529 |
| April 2011 | -0.9% | £237,445 |
| April 2010 | 5.1% | £239,502 |
| April 2009 | -11.3% | £227,918 |
| April 2008 | 3.9% | £256,925 |
| April 2007 | 0% | £247,369 |
The current average rental value in the postcode is £2,109.
The IG7 4FQ Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £2,109pcm |
| April 2025 | 3.7% | £2,036pcm |
| April 2024 | 10.3% | £1,963pcm |
| April 2023 | 13.4% | £1,780pcm |
| April 2022 | 4% | £1,569pcm |
| April 2021 | 1.9% | £1,510pcm |
| April 2020 | 3% | £1,481pcm |
| April 2019 | -0.4% | £1,438pcm |
| April 2018 | -1.4% | £1,444pcm |
| April 2017 | -1.5% | £1,463pcm |
| April 2016 | 6.2% | £1,486pcm |
| April 2015 | 8.7% | £1,399pcm |
| April 2014 | 5.9% | £1,287pcm |
| April 2013 | 4.4% | £1,215pcm |
| April 2012 | 5.8% | £1,164pcm |
| April 2011 | 4.5% | £1,100pcm |
| April 2010 | 2% | £1,053pcm |
| April 2009 | -2.7% | £1,032pcm |
| April 2008 | 7.1% | £1,061pcm |
| April 2007 | 0% | £991pcm |
The last sale was on 28th November 2025 for £330,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 17 sales since 1995.
IG7 4FQ has seen 3 sales in the last three years and 1 sale in the last twelve months.
IG7 4FQ is the 181st largest and the 67th most expensive postcode out of the 477 postcodes in the IG7 area.
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The closest station to IG7 4FQ is Hainault station which is 3.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around IG7 4FQ, % of property is and % is .
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 IG7 4FQ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 IG7 4FQ, 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 IG7 4FQ, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.