IG8 7JB is a residential postcode situated on Snakes Lane East, Woodford Green, IG8 with 26 addresses.
It ranks as the 483rd largest and 68th most expensive of the 716 postcodes in the IG8 area.
The postcode contains a total of 26 properties: 4 houses and 22 flats.
IG8 7JB is a residential postcode situated on Snakes Lane East, Woodford Green, IG8 with 26 addresses.
It ranks as the 483rd largest and 68th most expensive of the 716 postcodes in the IG8 area.
The postcode contains a total of 26 properties: 4 houses and 22 flats.
Sale prices range from £239,113 for 2 bedroom leasehold flats (376 ft2) to £576,326 for 3 bedroom freehold houses with a garden (660 ft2) .
Monthly rental prices range from £1,265 pcm for 2 bed flats to £2,384 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 6.3%.
The average value per square foot is £605.
The last sale in IG8 7JB sold for £340,000 on 1st February 2022. Since then prices are up an average of 3.0%.
The current average value in the postcode is £326,367.
The IG8 7JB Sales Market has increased by 14.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £326,367 |
| April 2025 | 1.4% | £326,974 |
| April 2024 | 0% | £322,382 |
| April 2023 | 0.6% | £322,420 |
| April 2022 | 5% | £320,539 |
| April 2021 | 3.2% | £305,284 |
| April 2020 | 3.3% | £295,767 |
| April 2019 | -3.9% | £286,315 |
| April 2018 | 1.2% | £297,876 |
| April 2017 | 3.2% | £294,271 |
| April 2016 | 13.5% | £285,078 |
| April 2015 | 13.9% | £251,115 |
| April 2014 | 9.6% | £220,455 |
| April 2013 | 6.9% | £201,118 |
| April 2012 | -0.4% | £188,068 |
| April 2011 | -0.9% | £188,882 |
| April 2010 | 7.1% | £190,602 |
| April 2009 | -11.7% | £177,910 |
| April 2008 | 5.3% | £201,393 |
| April 2007 | 0% | £191,168 |
The current average rental value in the postcode is £1,649.
The IG8 7JB Rental Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,649pcm |
| April 2025 | 3.6% | £1,589pcm |
| April 2024 | 5.4% | £1,535pcm |
| April 2023 | 13.2% | £1,457pcm |
| April 2022 | 3.5% | £1,287pcm |
| April 2021 | 2.1% | £1,243pcm |
| April 2020 | 2.9% | £1,217pcm |
| April 2019 | -0.1% | £1,183pcm |
| April 2018 | 0% | £1,185pcm |
| April 2017 | -3.3% | £1,185pcm |
| April 2016 | 7.4% | £1,225pcm |
| April 2015 | 4.3% | £1,141pcm |
| April 2014 | 5.1% | £1,094pcm |
| April 2013 | 0.1% | £1,041pcm |
| April 2012 | 12.2% | £1,040pcm |
| April 2011 | 4.1% | £927pcm |
| April 2010 | -0.4% | £891pcm |
| April 2009 | -7.9% | £894pcm |
| April 2008 | 12.1% | £971pcm |
| April 2007 | 0% | £866pcm |
The last sale was on 1st February 2022 for £340,000 and since then the market in the area has increased by 3.0%. The postcode has had a total of 20 sales since 1995.
IG8 7JB has seen no sales in the last three years and no sales in the last twelve months.
IG8 7JB is the 483rd largest and the 68th most expensive postcode out of the 716 postcodes in the IG8 area.
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The closest station to IG8 7JB is Woodford station which is 500 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 IG8 7JB, 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 7JB, 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 7JB, 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 7JB, 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 7JB, 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.