Prospect Road - IG8 7NQ
Key Postcode Insights
IG8 7NQ is a residential postcode situated on Prospect Road, Woodford Green, IG8 with 36 addresses.
It ranks as the 610th largest and 301st 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 36 properties: 21 houses, 4 flats and 11 other properties.
- Ave. Sale Price
- £589,910
- 10 Year change
- up 16.4%
- Ave. Rental Price
- £2,282pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £685/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
IG8 7NQ is a residential postcode situated on Prospect Road, Woodford Green, IG8 with 36 addresses.
It ranks as the 610th largest and 301st 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 36 properties: 21 houses, 4 flats and 11 other properties.
- Ave. Sale Price
- £589,910
- 10 Year change
- up 16.4%
- Ave. Rental Price
- £2,282pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £685/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Properties in IG8 7NQ
- 212 Prospect Road
4 Bed Early-century House
- 214 Prospect Road
3 Bed Early-century House
- 216 Prospect Road
House
- 218 Prospect Road
3 Bed Early-century House
- 220 Prospect Road
House
Sales Market Trends
The last sale in IG8 7NQ sold for £545,000 on 4th July 2024. Since then prices are up an average of 1.5%.
The current average value in the postcode is £589,910.
The IG8 7NQ Sales Market has increased by 16.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £589,910 |
| June 2025 | 2% | £593,388 |
| June 2024 | 0.9% | £581,832 |
| June 2023 | -0.9% | £576,499 |
| June 2022 | 6.8% | £581,761 |
| June 2021 | 3.6% | £544,667 |
| June 2020 | 2.6% | £525,792 |
| June 2019 | -1.2% | £512,372 |
| June 2018 | 0.2% | £518,694 |
| June 2017 | 2.1% | £517,628 |
| June 2016 | 13.8% | £506,752 |
| June 2015 | 11.2% | £445,463 |
| June 2014 | 12.1% | £400,676 |
| June 2013 | 5.3% | £357,316 |
| June 2012 | 1.3% | £339,400 |
| June 2011 | 0.6% | £335,205 |
| June 2010 | 11.1% | £333,310 |
| June 2009 | -8.8% | £299,969 |
| June 2008 | 0% | £328,941 |
| June 2007 | 0% | £329,075 |
Rental Market Trends
The current average rental value in the postcode is £2,282.
The IG8 7NQ Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £2,282pcm |
| June 2025 | 3% | £2,221pcm |
| June 2024 | 5.1% | £2,156pcm |
| June 2023 | 11.8% | £2,051pcm |
| June 2022 | 7.5% | £1,835pcm |
| June 2021 | 3.1% | £1,707pcm |
| June 2020 | 2.7% | £1,656pcm |
| June 2019 | 0.3% | £1,613pcm |
| June 2018 | 1.6% | £1,608pcm |
| June 2017 | -4.4% | £1,582pcm |
| June 2016 | 7% | £1,654pcm |
| June 2015 | 3.3% | £1,546pcm |
| June 2014 | 7.6% | £1,497pcm |
| June 2013 | -2% | £1,391pcm |
| June 2012 | 11.8% | £1,419pcm |
| June 2011 | 5% | £1,270pcm |
| June 2010 | 5.6% | £1,210pcm |
| June 2009 | -8.3% | £1,145pcm |
| June 2008 | 11.8% | £1,249pcm |
| June 2007 | 0% | £1,117pcm |
Sales History
The last recorded sale was on 4th July 2024 for £545,000 and since then the market in the area has increased by 1.5%.
IG8 7NQ has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jul 2024£545,000 | 3 Bed House259, Prospect Road, Woodford Green, IG8 7NQ259, Prospect Road, Woodford Green, IG8 7NQ
- Sold Jan 2024£585,000 | 3 Bed House230, Prospect Road, Woodford Green, IG8 7NQ230, Prospect Road, Woodford Green, IG8 7NQ
- Sold Nov 2023£695,100 | 4 Bed House222, Prospect Road, Woodford Green, IG8 7NQ222, Prospect Road, Woodford Green, IG8 7NQ
Nearby Postcodes
IG8 7NQ is the 610th largest and the 301st most expensive postcode out of the 715 postcodes in the IG8 area.
- IG8 7NH, Durham Avenue, Woodford Green, IG8IG8 7NH33 Addresses|86 m away
- IG8 7RH, Ridgeway, Woodford Green, IG8IG8 7RH23 Addresses|100 m away
- IG8 7NL, Durham Avenue, Woodford Green, IG8IG8 7NL8 Addresses|106 m away
- IG8 7RG, Heathway, Woodford Green, IG8IG8 7RG19 Addresses|126 m away
- IG8 7NG, Prospect Road, Woodford Green, IG8IG8 7NG23 Addresses|129 m away
Property Types
- 2 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 17 early-century houses built between 1912 and 1935
- 2 early-century flats built between 1912 and 1935
- 11 other addresses of unknown type
- modern flat (2)
- mid-century house (3)
- house (1)
- early-century house (17)
- early-century flat (2)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (1)
- F (0)
- C (4)
- G (0)
- D (13)
- No EPC (14)
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 School700 m away
- Wells Primary School1.2 km away
- St Antony's Catholic Primary School1.3 km away
- West Hatch High School1.4 km away
- Woodbridge High School1.6 km away
- Trinity Catholic High School1.6 km away
More reading links
Public Transport Nearby
The closest station to IG8 7NQ is Roding Valley station, which is 400 metres away.
- Roding Valley|400 m away
- Woodford|1.0 km away
- Buckhurst Hill|1.5 km away
- Chigwell|2.2 km away