IG7 4GR is a residential postcode situated on Allerton Grove, Chigwell, IG7 with 9 addresses.
It ranks as the 115th largest and 44th 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 9 properties: 9 flats.
IG7 4GR is a residential postcode situated on Allerton Grove, Chigwell, IG7 with 9 addresses.
It ranks as the 115th largest and 44th 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 9 properties: 9 flats.
Sale prices range from £255,937 for 2 bedroom leasehold flats (462 ft2) to £310,816 for 2 bedroom leasehold flats (667 ft2) .
Monthly rental prices range from £1,457 pcm for 2 bed flats to £1,692 pcm for 2 bed flats.
The gross rental yield is between 6.5% and 6.8%.
The average value per square foot is £543.
The last sale in IG7 4GR sold for £255,000 on 2nd August 2024. Since then prices are up an average of 3.2%.
The current average value in the postcode is £276,521.
The IG7 4GR Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £276,521 |
| April 2025 | 1.9% | £271,329 |
| April 2024 | -0.6% | £266,387 |
| April 2023 | 1.6% | £267,876 |
| April 2022 | 5.3% | £263,737 |
| April 2021 | 3% | £250,540 |
| April 2020 | 2.8% | £243,130 |
| April 2019 | -1.8% | £236,399 |
| April 2018 | -1.3% | £240,760 |
| April 2017 | 3.8% | £243,964 |
| April 2016 | 16.8% | £234,928 |
| April 2015 | 13.4% | £201,057 |
| April 2014 | 9.8% | £177,306 |
| April 2013 | 2.1% | £161,506 |
| April 2012 | -0.4% | £158,203 |
| April 2011 | -0.9% | £158,791 |
| April 2010 | 2.5% | £160,231 |
| April 2009 | -10.9% | £156,288 |
| April 2008 | 4.5% | £175,319 |
| April 2007 | 0% | £167,700 |
The current average rental value in the postcode is £1,548.
The IG7 4GR Rental Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £1,548pcm |
| April 2025 | 3% | £1,484pcm |
| April 2024 | 11.4% | £1,442pcm |
| April 2023 | 12.7% | £1,294pcm |
| April 2022 | 1.4% | £1,148pcm |
| April 2021 | 0.3% | £1,133pcm |
| April 2020 | 3.4% | £1,129pcm |
| April 2019 | -1.5% | £1,092pcm |
| April 2018 | -2.3% | £1,108pcm |
| April 2017 | -2.4% | £1,135pcm |
| April 2016 | 6.6% | £1,163pcm |
| April 2015 | 9.4% | £1,091pcm |
| April 2014 | 4.5% | £998pcm |
| April 2013 | 2.7% | £954pcm |
| April 2012 | 4% | £929pcm |
| April 2011 | 4.5% | £893pcm |
| April 2010 | -0.5% | £855pcm |
| April 2009 | -2.2% | £859pcm |
| April 2008 | 7.8% | £879pcm |
| April 2007 | 0% | £815pcm |
The last sale was on 2nd August 2024 for £255,000 and since then the market in the area has increased by 3.2%. The postcode has had a total of 4 sales since 1995.
IG7 4GR has seen 2 sales in the last three years and no sales in the last twelve months.
IG7 4GR is the 115th largest and the 44th most expensive postcode out of the 477 postcodes in the IG7 area.
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The closest station to IG7 4GR is Hainault station which is 3.1 kilometres away.
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