IG8 7EU is a residential postcode situated on The Rodings, Woodford Green, IG8 with 35 addresses.
It ranks as the 599th largest and 184th most expensive of the 716 postcodes in the IG8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 35 properties: 10 houses and 25 flats.
IG8 7EU is a residential postcode situated on The Rodings, Woodford Green, IG8 with 35 addresses.
It ranks as the 599th largest and 184th most expensive of the 716 postcodes in the IG8 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 35 properties: 10 houses and 25 flats.
Sale prices range from £314,983 for 2 bedroom leasehold flats (559 ft2) to £463,177 for 4 bedroom leasehold houses with a garden (1,162 ft2) .
Monthly rental prices range from £1,532 pcm for 2 bed flats to £2,066 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 6.0%.
The average value per square foot is £440.
The last sale in IG8 7EU sold for £381,000 on 4th October 2024. Since then prices are down an average of 0.3%.
The current average value in the postcode is £404,514.
The IG8 7EU Sales Market has increased by 14.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £404,514 |
| April 2025 | 1.2% | £406,667 |
| April 2024 | -0.2% | £401,671 |
| April 2023 | 0.8% | £402,664 |
| April 2022 | 5.3% | £399,326 |
| April 2021 | 3.2% | £379,181 |
| April 2020 | 3% | £367,568 |
| April 2019 | -3.2% | £356,712 |
| April 2018 | 1.3% | £368,471 |
| April 2017 | 3.2% | £363,778 |
| April 2016 | 12.7% | £352,632 |
| April 2015 | 13.2% | £312,959 |
| April 2014 | 10.4% | £276,392 |
| April 2013 | 7.8% | £250,260 |
| April 2012 | 0.3% | £232,247 |
| April 2011 | -0.8% | £231,464 |
| April 2010 | 8.7% | £233,266 |
| April 2009 | -11.9% | £214,620 |
| April 2008 | 4.7% | £243,583 |
| April 2007 | 0% | £232,634 |
The current average rental value in the postcode is £1,891.
The IG8 7EU Rental Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,891pcm |
| April 2025 | 3.4% | £1,829pcm |
| April 2024 | 5.1% | £1,769pcm |
| April 2023 | 13.4% | £1,683pcm |
| April 2022 | 3.9% | £1,484pcm |
| April 2021 | 2.1% | £1,429pcm |
| April 2020 | 2.6% | £1,400pcm |
| April 2019 | 0.6% | £1,364pcm |
| April 2018 | 0% | £1,356pcm |
| April 2017 | -3.3% | £1,355pcm |
| April 2016 | 6.6% | £1,402pcm |
| April 2015 | 3.6% | £1,315pcm |
| April 2014 | 5.9% | £1,269pcm |
| April 2013 | 0.8% | £1,199pcm |
| April 2012 | 13.1% | £1,189pcm |
| April 2011 | 4.2% | £1,051pcm |
| April 2010 | 1% | £1,008pcm |
| April 2009 | -8.1% | £998pcm |
| April 2008 | 11.4% | £1,086pcm |
| April 2007 | 0% | £975pcm |
The last sale was on 4th October 2024 for £381,000 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 36 sales since 1995.
IG8 7EU has seen 4 sales in the last three years and no sales in the last twelve months.
IG8 7EU is the 599th largest and the 184th most expensive postcode out of the 716 postcodes in the IG8 area.
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The closest station to IG8 7EU is Woodford station which is 500 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around IG8 7EU, 31.9% of property is socially rented and 31.2% 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 IG8 7EU, 19.1% of residents are recorded as possessing school level qualifications and 38.6% 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 IG8 7EU, the average age was 38.8 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 IG8 7EU, 2.4% 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 IG8 7EU, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
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.