IG7 4PL is a residential postcode situated on Arrowsmith Close, Chigwell, IG7 with 22 addresses.
It ranks as the 318th largest and 110th most expensive of the 477 postcodes in the IG7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 22 properties: 15 houses and 7 flats.
IG7 4PL is a residential postcode situated on Arrowsmith Close, Chigwell, IG7 with 22 addresses.
It ranks as the 318th largest and 110th most expensive of the 477 postcodes in the IG7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 22 properties: 15 houses and 7 flats.
Sale prices range from £234,245 for 2 bedroom freehold houses with a garden (322 ft2) to £443,444 for 3 bedroom freehold houses with a garden (990 ft2) .
Monthly rental prices range from £1,210 pcm for 2 bed houses to £2,240 pcm for 3 bed houses.
The gross rental yield is between 6.1% and 7.2%.
The average value per square foot is £477.
The last sale in IG7 4PL sold for £270,000 on 30th May 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £342,567.
The IG7 4PL Sales Market has increased by 21.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £342,567 |
| April 2025 | 3.8% | £344,128 |
| April 2024 | -2.1% | £331,592 |
| April 2023 | 1% | £338,676 |
| April 2022 | 5.5% | £335,214 |
| April 2021 | 5.2% | £317,604 |
| April 2020 | 0.1% | £302,034 |
| April 2019 | 0.5% | £301,778 |
| April 2018 | 0.9% | £300,378 |
| April 2017 | 5.7% | £297,735 |
| April 2016 | 11.7% | £281,786 |
| April 2015 | 10.9% | £252,210 |
| April 2014 | 10% | £227,513 |
| April 2013 | 5% | £206,799 |
| April 2012 | -1.4% | £196,937 |
| April 2011 | 0.7% | £199,709 |
| April 2010 | 2.9% | £198,273 |
| April 2009 | -3.4% | £192,697 |
| April 2008 | 6.6% | £199,577 |
| April 2007 | 0% | £187,226 |
The current average rental value in the postcode is £1,829.
The IG7 4PL Rental Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,829pcm |
| April 2025 | 2.3% | £1,770pcm |
| April 2024 | 9.2% | £1,730pcm |
| April 2023 | 12.2% | £1,584pcm |
| April 2022 | 4.1% | £1,411pcm |
| April 2021 | 2.9% | £1,356pcm |
| April 2020 | 2.2% | £1,318pcm |
| April 2019 | 0.4% | £1,290pcm |
| April 2018 | -2.7% | £1,285pcm |
| April 2017 | 0.8% | £1,321pcm |
| April 2016 | 3.3% | £1,311pcm |
| April 2015 | 5.3% | £1,269pcm |
| April 2014 | 11.4% | £1,205pcm |
| April 2013 | 0.1% | £1,082pcm |
| April 2012 | 7.8% | £1,082pcm |
| April 2011 | 5% | £1,004pcm |
| April 2010 | 0.7% | £956pcm |
| April 2009 | -3.8% | £949pcm |
| April 2008 | 8.2% | £986pcm |
| April 2007 | 0% | £912pcm |
The last sale was on 30th May 2025 for £270,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 13 sales since 1995.
IG7 4PL has seen 1 sale in the last three years and no sales in the last twelve months.
IG7 4PL is the 318th largest and the 110th most expensive postcode out of the 477 postcodes in the IG7 area.
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The closest station to IG7 4PL is Grange Hill station which is 800 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IG7 4PL, 35.5% of property is socially rented and 27.3% is privately owned with a mortgage.
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 4PL, 22.8% of residents are recorded as possessing school level qualifications and 27.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IG7 4PL, the average age was 36.6 and the most common age was 37.
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 4PL, 3.2% 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 4PL, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.