IG7 6PY is a residential postcode situated on Brook Parade, Chigwell, IG7 with 17 addresses.
It ranks as the 254th largest and 272nd 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 17 properties: 17 flats.
IG7 6PY is a residential postcode situated on Brook Parade, Chigwell, IG7 with 17 addresses.
It ranks as the 254th largest and 272nd 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 17 properties: 17 flats.
Sale prices range from £496,449 for 2 bedroom leasehold flats with a balcony (947 ft2) to £1,025,677 for 3 bedroom leasehold flats with a balcony (2,820 ft2) .
Monthly rental prices range from £2,003 pcm for 2 bed flats to £3,615 pcm for 3 bed flats.
The gross rental yield is between 4.2% and 4.9%.
The average value per square foot is £488.
The last sale in IG7 6PY sold for £540,000 on 27th February 2026. Since then prices are up an average of 0.8%.
The current average value in the postcode is £608,970.
The IG7 6PY Sales Market has increased by 10.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.7% | £608,970 |
| April 2025 | 0.6% | £619,307 |
| April 2024 | -2% | £615,433 |
| April 2023 | -0.6% | £628,251 |
| April 2022 | 3.2% | £632,035 |
| April 2021 | 1.8% | £612,715 |
| April 2020 | 1.8% | £601,835 |
| April 2019 | 0.7% | £590,941 |
| April 2018 | 0.1% | £586,761 |
| April 2017 | 6.1% | £586,131 |
| April 2016 | 6% | £552,588 |
| April 2015 | 8.4% | £521,453 |
| April 2014 | 10.5% | £481,266 |
| April 2013 | 4.1% | £435,367 |
| April 2012 | 0.5% | £418,185 |
| April 2011 | -1.9% | £416,085 |
| April 2010 | 7.2% | £424,323 |
| April 2009 | -6.7% | £395,992 |
| April 2008 | 5.2% | £424,271 |
| April 2007 | 0% | £403,128 |
The current average rental value in the postcode is £2,327.
The IG7 6PY Rental Market has increased by 27.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £2,327pcm |
| April 2025 | 0% | £2,287pcm |
| April 2024 | 8.6% | £2,286pcm |
| April 2023 | 9.5% | £2,105pcm |
| April 2022 | 2.6% | £1,923pcm |
| April 2021 | 0.2% | £1,874pcm |
| April 2020 | 2.6% | £1,871pcm |
| April 2019 | 1.9% | £1,824pcm |
| April 2018 | -3.1% | £1,791pcm |
| April 2017 | 1% | £1,848pcm |
| April 2016 | 0.1% | £1,829pcm |
| April 2015 | 3% | £1,827pcm |
| April 2014 | 10.2% | £1,774pcm |
| April 2013 | 0.6% | £1,609pcm |
| April 2012 | 8.4% | £1,600pcm |
| April 2011 | 2.4% | £1,476pcm |
| April 2010 | 3.6% | £1,441pcm |
| April 2009 | -5% | £1,392pcm |
| April 2008 | 6% | £1,465pcm |
| April 2007 | 0% | £1,383pcm |
The last sale was on 27th February 2026 for £540,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 45 sales since 1995.
IG7 6PY has seen 1 sale in the last three years and 1 sale in the last twelve months.
IG7 6PY is the 254th largest and the 272nd most expensive postcode out of the 477 postcodes in the IG7 area.
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The closest station to IG7 6PY is Chigwell station which is 200 metres away.
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