IG7 4PN is a residential postcode situated on Arrowsmith Road, Chigwell, IG7 with 20 addresses.
It ranks as the 288th largest and 162nd most expensive of the 477 postcodes in the IG7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 houses.
IG7 4PN is a residential postcode situated on Arrowsmith Road, Chigwell, IG7 with 20 addresses.
It ranks as the 288th largest and 162nd most expensive of the 477 postcodes in the IG7 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 20 properties: 20 houses.
Sale prices range from £387,462 for 3 bedroom freehold houses with a garden (731 ft2) to £519,566 for 3 bedroom freehold houses with a garden (1,244 ft2) .
Monthly rental prices range from £2,009 pcm for 3 bed houses to £2,485 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 6.2%.
The average value per square foot is £490.
The last sale in IG7 4PN sold for £485,000 on 7th October 2022. Since then prices are up an average of 1.1%.
The current average value in the postcode is £442,789.
The IG7 4PN Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £442,789 |
| April 2025 | 4.5% | £446,096 |
| April 2024 | -2.8% | £426,798 |
| April 2023 | 0.9% | £439,238 |
| April 2022 | 7.8% | £435,225 |
| April 2021 | 6.7% | £403,856 |
| April 2020 | -0.8% | £378,628 |
| April 2019 | 1.9% | £381,846 |
| April 2018 | 1.6% | £374,830 |
| April 2017 | 6.9% | £369,101 |
| April 2016 | 11.5% | £345,292 |
| April 2015 | 10.1% | £309,677 |
| April 2014 | 11% | £281,330 |
| April 2013 | 5.8% | £253,499 |
| April 2012 | 0.1% | £239,505 |
| April 2011 | 0.7% | £239,319 |
| April 2010 | 4.6% | £237,762 |
| April 2009 | -2.5% | £227,327 |
| April 2008 | 6.7% | £233,202 |
| April 2007 | 0% | £218,619 |
The current average rental value in the postcode is £2,233.
The IG7 4PN Rental Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £2,233pcm |
| April 2025 | 2.6% | £2,168pcm |
| April 2024 | 8.2% | £2,112pcm |
| April 2023 | 12.4% | £1,952pcm |
| April 2022 | 5.7% | £1,737pcm |
| April 2021 | 4.4% | £1,643pcm |
| April 2020 | 1.7% | £1,573pcm |
| April 2019 | 1.5% | £1,547pcm |
| April 2018 | -2.4% | £1,523pcm |
| April 2017 | 2.2% | £1,561pcm |
| April 2016 | 3.3% | £1,528pcm |
| April 2015 | 4% | £1,480pcm |
| April 2014 | 14% | £1,423pcm |
| April 2013 | 0.1% | £1,248pcm |
| April 2012 | 10% | £1,247pcm |
| April 2011 | 4.7% | £1,133pcm |
| April 2010 | 2.9% | £1,082pcm |
| April 2009 | -5% | £1,052pcm |
| April 2008 | 7.4% | £1,107pcm |
| April 2007 | 0% | £1,030pcm |
The last sale was on 7th October 2022 for £485,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 25 sales since 1995.
IG7 4PN has seen no sales in the last three years and no sales in the last twelve months.
IG7 4PN is the 288th largest and the 162nd most expensive postcode out of the 477 postcodes in the IG7 area.
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The closest station to IG7 4PN is Grange Hill station which is 700 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 4PN, 29.4% of property is privately owned with a mortgage and 25.7% is socially rented.
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 4PN, 19.1% of residents are recorded as possessing school level qualifications and 35.4% 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 4PN, 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 4PN, 0.3% 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 4PN, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.