Prospect Road - IG8 7NG
Key Postcode Insights
IG8 7NG is a residential postcode situated on Prospect Road, Woodford Green, IG8 with 23 addresses.
It ranks as the 430th largest and 294th most expensive of the 715 postcodes in the IG8 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 18 houses and 5 flats.
- Ave. Sale Price
- £518,409
- 10 Year change
- up 14.5%
- Ave. Rental Price
- £2,073pcm
- 10 Year change
- up 35.6%
- Ave. £ per ft²
- £667/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
IG8 7NG is a residential postcode situated on Prospect Road, Woodford Green, IG8 with 23 addresses.
It ranks as the 430th largest and 294th most expensive of the 715 postcodes in the IG8 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 18 houses and 5 flats.
- Ave. Sale Price
- £518,409
- 10 Year change
- up 14.5%
- Ave. Rental Price
- £2,073pcm
- 10 Year change
- up 35.6%
- Ave. £ per ft²
- £667/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin IG8 7NG
- 196 Prospect Road
Building  |  3 Flats
- 198 Prospect Road
Building  |  2 Flats
- 200 Prospect Road
Building  |  2 Flats
- 202 Prospect Road
Building  |  2 Flats
- 204 Prospect Road
3 Bed Early-century House
Sales Market Trends
The last sale in IG8 7NG sold for £700,000 on 23rd July 2025. Since then prices are up an average of 1.4%.
The current average value in the postcode is £518,409.
The IG8 7NG Sales Market has increased by 14.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £518,409 |
| June 2025 | 1.9% | £522,776 |
| June 2024 | 1.1% | £513,172 |
| June 2023 | -1.1% | £507,825 |
| June 2022 | 6.3% | £513,463 |
| June 2021 | 3.1% | £483,121 |
| June 2020 | 2.7% | £468,446 |
| June 2019 | -1.2% | £456,291 |
| June 2018 | 0.1% | £462,024 |
| June 2017 | 1.9% | £461,765 |
| June 2016 | 13.6% | £452,943 |
| June 2015 | 11.3% | £398,869 |
| June 2014 | 12% | £358,462 |
| June 2013 | 5.3% | £320,045 |
| June 2012 | 1.2% | £304,037 |
| June 2011 | 0.5% | £300,516 |
| June 2010 | 10.2% | £299,023 |
| June 2009 | -9.4% | £271,383 |
| June 2008 | 0% | £299,575 |
| June 2007 | 0% | £299,487 |
Rental Market Trends
The current average rental value in the postcode is £2,073.
The IG8 7NG Rental Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £2,073pcm |
| June 2025 | 2.9% | £2,023pcm |
| June 2024 | 5.3% | £1,966pcm |
| June 2023 | 11.6% | £1,868pcm |
| June 2022 | 6.9% | £1,674pcm |
| June 2021 | 2.7% | £1,565pcm |
| June 2020 | 2.7% | £1,525pcm |
| June 2019 | 0.3% | £1,485pcm |
| June 2018 | 1.5% | £1,480pcm |
| June 2017 | -4.6% | £1,459pcm |
| June 2016 | 6.8% | £1,528pcm |
| June 2015 | 3.4% | £1,431pcm |
| June 2014 | 7.5% | £1,384pcm |
| June 2013 | -2% | £1,288pcm |
| June 2012 | 11.7% | £1,314pcm |
| June 2011 | 4.9% | £1,177pcm |
| June 2010 | 4.7% | £1,122pcm |
| June 2009 | -8.9% | £1,071pcm |
| June 2008 | 11.8% | £1,176pcm |
| June 2007 | 0% | £1,051pcm |
Sales History
The last sale was on 23rd July 2025 for £700,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 35 sales since 1995.
IG8 7NG has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£700,000 | 4 Bed House243, Prospect Road, Woodford Green, IG8 7NG243, Prospect Road, Woodford Green, IG8 7NG
- Sold Aug 2024£575,000 | 3 Bed House206, Prospect Road, Woodford Green, IG8 7NG206, Prospect Road, Woodford Green, IG8 7NG
- Sold Dec 2023£525,000 | 3 Bed House239, Prospect Road, Woodford Green, IG8 7NG239, Prospect Road, Woodford Green, IG8 7NG
- Sold Feb 2022£170,000 | 2 Bed Flat198A, Prospect Road, Woodford Green, IG8 7NG198A, Prospect Road, Woodford Green, IG8 7NG
- Sold Jan 2019£580,500 | 4 Bed House202A, Prospect Road, Woodford Green, IG8 7NG202A, Prospect Road, Woodford Green, IG8 7NG
Nearby Postcodes
IG8 7NG is the 430th largest and the 294th most expensive postcode out of the 715 postcodes in the IG8 area.
- IG8 7NL, Durham Avenue, Woodford Green, IG8IG8 7NL8 Addresses|71 m away
- IG8 7NN, Oxford Road, Woodford Green, IG8IG8 7NN15 Addresses|76 m away
- IG8 7RE, Parkway, Woodford Green, IG8IG8 7RE20 Addresses|96 m away
- IG8 7RG, Heathway, Woodford Green, IG8IG8 7RG19 Addresses|102 m away
- IG8 7NF, Prospect Road, Woodford Green, IG8IG8 7NF57 Addresses|110 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 14 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (6)
- early-century house (14)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (2)
- G (0)
- D (9)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Aug 2025£5,970,000 | 2 Bed Flat62, Prospect Road, Woodford Green, IG8 7NA62, Prospect Road, Woodford Green, IG8 7NA
- Sold Mar 2024£755,000 | 4 Bed House117, Prospect Road, Woodford Green, IG8 7ND117, Prospect Road, Woodford Green, IG8 7ND
- Sold Jan 2022£735,000 | 3 Bed House246, Prospect Road, Woodford Green, IG8 7NQ246, Prospect Road, Woodford Green, IG8 7NQ
Schools Nearby
- Ray Lodge Primary School600 m away
- Wells Primary School1.1 km away
- St Antony's Catholic Primary School1.3 km away
- Woodbridge High School1.4 km away
- West Hatch High School1.5 km away
- Trinity Catholic High School1.5 km away
More reading links
Public Transport Nearby
The closest station to IG8 7NG is Roding Valley station, which is 500 metres away.
- Roding Valley|500 m away
- Woodford|800 m away
- Buckhurst Hill|1.6 km away
- Chigwell|2.3 km away
