Millwell Crescent - IG7 5HY
Key Postcode Insights
IG7 5HY is a residential postcode situated on Millwell Crescent, Chigwell, IG7 with 26 addresses.
It ranks as the 349th largest and 384th most expensive of the 477 postcodes in the IG7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £943,559
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £2,824pcm
- 10 Year change
- up 41.5%
- Ave. £ per ft²
- £590/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
IG7 5HY is a residential postcode situated on Millwell Crescent, Chigwell, IG7 with 26 addresses.
It ranks as the 349th largest and 384th most expensive of the 477 postcodes in the IG7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £943,559
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £2,824pcm
- 10 Year change
- up 41.5%
- Ave. £ per ft²
- £590/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Propertiesin IG7 5HY
- 2 Millwell Crescent
5 Bed Mid-century House
- 4 Millwell Crescent
Unknown
- 6 Millwell Crescent
Unknown
- 8 Millwell Crescent
3 Bed Early-century House
- 10 Millwell Crescent
4 Bed House
Sales Market Trends
The last sale in IG7 5HY sold for £860,000 on 11th December 2023. Since then prices are down an average of 0.7%.
The current average value in the postcode is £943,559.
The IG7 5HY Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £943,559 |
| June 2025 | 5.6% | £962,199 |
| June 2024 | -4.6% | £911,480 |
| June 2023 | 2.1% | £955,031 |
| June 2022 | 6.5% | £935,336 |
| June 2021 | 8.8% | £878,479 |
| June 2020 | -1.6% | £807,243 |
| June 2019 | 2.2% | £819,964 |
| June 2018 | 0.7% | £802,104 |
| June 2017 | 7.9% | £796,551 |
| June 2016 | 7.6% | £737,939 |
| June 2015 | 5.2% | £686,106 |
| June 2014 | 10.5% | £652,334 |
| June 2013 | 5.8% | £590,175 |
| June 2012 | -3% | £558,063 |
| June 2011 | 3.7% | £575,415 |
| June 2010 | 10.8% | £554,860 |
| June 2009 | 1.1% | £500,615 |
| June 2008 | 4% | £494,954 |
| June 2007 | 0% | £476,066 |
Rental Market Trends
The current average rental value in the postcode is £2,824.
The IG7 5HY Rental Market has increased by 41.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £2,824pcm |
| June 2025 | 3.7% | £2,784pcm |
| June 2024 | 1.9% | £2,684pcm |
| June 2023 | 14.6% | £2,635pcm |
| June 2022 | 3.8% | £2,299pcm |
| June 2021 | 9.7% | £2,215pcm |
| June 2020 | 1.3% | £2,019pcm |
| June 2019 | 0.3% | £1,993pcm |
| June 2018 | 1.2% | £1,987pcm |
| June 2017 | -1.7% | £1,963pcm |
| June 2016 | -0.1% | £1,996pcm |
| June 2015 | 3.4% | £1,998pcm |
| June 2014 | 16.3% | £1,931pcm |
| June 2013 | -3.1% | £1,661pcm |
| June 2012 | 8.4% | £1,714pcm |
| June 2011 | 11.1% | £1,581pcm |
| June 2010 | 4.4% | £1,423pcm |
| June 2009 | -8.7% | £1,363pcm |
| June 2008 | 5.4% | £1,493pcm |
| June 2007 | 0% | £1,416pcm |
Sales History
The last sale was on 11th December 2023 for £860,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 25 sales since 1995.
IG7 5HY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2023£860,000 | 4 Bed House44, Millwell Crescent, Chigwell, IG7 5HY44, Millwell Crescent, Chigwell, IG7 5HY
- Sold Nov 2023£950,000 | 4 Bed House12, Millwell Crescent, Chigwell, IG7 5HY12, Millwell Crescent, Chigwell, IG7 5HY
- Sold May 2022£903,000 | 3 Bed House20, Millwell Crescent, Chigwell, IG7 5HY20, Millwell Crescent, Chigwell, IG7 5HY
- Sold Dec 2021£1,051,000 | 6 Bed House2, Millwell Crescent, Chigwell, IG7 5HY2, Millwell Crescent, Chigwell, IG7 5HY
- Sold Nov 2021£1,000,000 | 4 Bed House16, Millwell Crescent, Chigwell, IG7 5HY16, Millwell Crescent, Chigwell, IG7 5HY
Nearby Postcodes
IG7 5HY is the 349th largest and the 384th most expensive postcode out of the 477 postcodes in the IG7 area.
- IG7 5HX, Millwell Crescent, Chigwell, IG7IG7 5HX35 Addresses|35 m away
- IG7 5JT, North Dene, Chigwell, IG7IG7 5JT23 Addresses|102 m away
- IG7 5PZ, Manor Road, Chigwell, IG7IG7 5PZ6 Addresses|128 m away
- IG7 5PT, Manor Road, Chigwell, IG7IG7 5PT14 Addresses|145 m away
- IG7 5JS, North Dene, Chigwell, IG7IG7 5JS33 Addresses|148 m away
Property Types
- 1 period house built between 1800 and 1911
- 10 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- period house (1)
- mid-century house (10)
- house (1)
- early-century house (4)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is E.
- A (0)
- E (7)
- B (1)
- F (1)
- C (1)
- G (0)
- D (5)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Sep 2022£1,160,000 | 4 Bed House31, Millwell Crescent, Chigwell, IG7 5HX31, Millwell Crescent, Chigwell, IG7 5HX
- Sold Dec 2021£1,051,000 | 6 Bed House2, Millwell Crescent, Chigwell, IG7 5HY2, Millwell Crescent, Chigwell, IG7 5HY
- Sold Jun 2021£1,010,000 | 5 Bed House18, Millwell Crescent, Chigwell, IG7 5HY18, Millwell Crescent, Chigwell, IG7 5HY
Schools Nearby
- Limes Farm Junior School400 m away
- Limes Farm Infant School and Nursery400 m away
- Manford Primary School900 m away
- West Hatch High School1.7 km away
- Forest Academy1.9 km away
- King Solomon High School2.0 km away
More reading links
Public Transport Nearby
The closest station to IG7 5HY is Grange Hill station, which is 400 metres away.
- Grange Hill|400 m away
- Hainault|900 m away
- Chigwell|1.2 km away
- Fairlop|1.8 km away
