IG7 4JL is a residential postcode situated on Manford Way, Chigwell, IG7 with 6 addresses.
It ranks as the 66th largest and 21st 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 6 properties: 6 flats.
IG7 4JL is a residential postcode situated on Manford Way, Chigwell, IG7 with 6 addresses.
It ranks as the 66th largest and 21st 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 6 properties: 6 flats.
Sale prices range from £212,867 for 2 bedroom leasehold flats (387 ft2) to £267,647 for 2 bedroom leasehold flats (581 ft2) .
Monthly rental prices range from £1,281 pcm for 2 bed flats to £1,577 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.2%.
The average value per square foot is £499.
The last sale in IG7 4JL sold for £222,500 on 6th October 2023. Since then prices are down an average of 0.2%.
The current average value in the postcode is £242,132.
The IG7 4JL Sales Market has increased by 13.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £242,132 |
| April 2025 | 3% | £242,230 |
| April 2024 | -1.2% | £235,128 |
| April 2023 | 0.2% | £237,936 |
| April 2022 | 3.2% | £237,346 |
| April 2021 | 2.8% | £230,095 |
| April 2020 | 0.1% | £223,867 |
| April 2019 | 0.4% | £223,677 |
| April 2018 | -0.1% | £222,755 |
| April 2017 | 4.6% | £222,911 |
| April 2016 | 10.1% | £213,119 |
| April 2015 | 10.4% | £193,641 |
| April 2014 | 8.2% | £175,465 |
| April 2013 | 5% | £162,240 |
| April 2012 | -2.8% | £154,517 |
| April 2011 | 0.7% | £158,918 |
| April 2010 | 1% | £157,777 |
| April 2009 | -0.8% | £156,256 |
| April 2008 | 7% | £157,492 |
| April 2007 | 0% | £147,185 |
The current average rental value in the postcode is £1,443.
The IG7 4JL Rental Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,443pcm |
| April 2025 | 1.1% | £1,391pcm |
| April 2024 | 10% | £1,375pcm |
| April 2023 | 11.6% | £1,250pcm |
| April 2022 | 1.2% | £1,119pcm |
| April 2021 | 0.6% | £1,106pcm |
| April 2020 | 2.6% | £1,099pcm |
| April 2019 | 0.1% | £1,071pcm |
| April 2018 | -4% | £1,070pcm |
| April 2017 | 0% | £1,114pcm |
| April 2016 | 1.9% | £1,115pcm |
| April 2015 | 4.3% | £1,094pcm |
| April 2014 | 11.1% | £1,049pcm |
| April 2013 | -0.7% | £944pcm |
| April 2012 | 6.9% | £951pcm |
| April 2011 | 4.8% | £889pcm |
| April 2010 | -0.6% | £849pcm |
| April 2009 | -3.3% | £854pcm |
| April 2008 | 7.8% | £884pcm |
| April 2007 | 0% | £820pcm |
The last sale was on 6th October 2023 for £222,500 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 19 sales since 1995.
IG7 4JL has seen 1 sale in the last three years and no sales in the last twelve months.
IG7 4JL is the 66th largest and the 21st most expensive postcode out of the 477 postcodes in the IG7 area.
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The closest station to IG7 4JL is Grange Hill station which is 700 metres away.
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