Madeira Grove - IG8 7QH
Key Postcode Insights
IG8 7QH is a residential postcode situated on Madeira Grove, Woodford Green, IG8 with 35 addresses.
It ranks as the 599th largest of the 715 postcodes in the IG8 area.
The postcode contains a total of 35 properties: 11 houses and 24 other properties.
- Ave. Sale Price
- £616,695
- 10 Year change
- up 13.3%
- Ave. Rental Price
- £2,289pcm
- 10 Year change
- up 33.0%
- Ave. £ per ft²
- £577/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
IG8 7QH is a residential postcode situated on Madeira Grove, Woodford Green, IG8 with 35 addresses.
It ranks as the 599th largest of the 715 postcodes in the IG8 area.
The postcode contains a total of 35 properties: 11 houses and 24 other properties.
- Ave. Sale Price
- £616,695
- 10 Year change
- up 13.3%
- Ave. Rental Price
- £2,289pcm
- 10 Year change
- up 33.0%
- Ave. £ per ft²
- £577/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Properties in IG8 7QH
- 1 Madeira Grove
5 Units
- 3 Madeira Grove
Building  |  2 Flats
- 4 Madeira Grove
Building  |  2 Flats
- 5 Madeira Grove
Building  |  2 Flats
Sales Market Trends
The last sale in IG8 7QH sold for £200,000 on 21st November 2022. Since then prices have on average remained the same.
The current average value in the postcode is £616,695.
The IG8 7QH Sales Market has increased by 13.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £616,695 |
| June 2025 | 1.6% | £624,037 |
| June 2024 | 0.9% | £614,166 |
| June 2023 | -1% | £608,977 |
| June 2022 | 6.1% | £615,031 |
| June 2021 | 3.1% | £579,514 |
| June 2020 | 2.4% | £562,099 |
| June 2019 | -1% | £549,030 |
| June 2018 | 0.4% | £554,677 |
| June 2017 | 1.6% | £552,702 |
| June 2016 | 13% | £544,140 |
| June 2015 | 11.2% | £481,667 |
| June 2014 | 11.6% | £433,183 |
| June 2013 | 5.8% | £388,267 |
| June 2012 | 1.2% | £366,992 |
| June 2011 | 0.1% | £362,590 |
| June 2010 | 11.4% | £362,148 |
| June 2009 | -9.6% | £325,107 |
| June 2008 | -0.4% | £359,509 |
| June 2007 | 0% | £360,941 |
Rental Market Trends
The current average rental value in the postcode is £2,289.
The IG8 7QH Rental Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £2,289pcm |
| June 2025 | 2.9% | £2,241pcm |
| June 2024 | 4.4% | £2,178pcm |
| June 2023 | 11.4% | £2,087pcm |
| June 2022 | 6.9% | £1,873pcm |
| June 2021 | 2.5% | £1,753pcm |
| June 2020 | 2.4% | £1,710pcm |
| June 2019 | 0.4% | £1,670pcm |
| June 2018 | 1.8% | £1,663pcm |
| June 2017 | -5.1% | £1,633pcm |
| June 2016 | 6.5% | £1,721pcm |
| June 2015 | 2.6% | £1,617pcm |
| June 2014 | 7.8% | £1,576pcm |
| June 2013 | -2.4% | £1,462pcm |
| June 2012 | 12.5% | £1,498pcm |
| June 2011 | 5.7% | £1,331pcm |
| June 2010 | 4.9% | £1,259pcm |
| June 2009 | -9.8% | £1,200pcm |
| June 2008 | 12.2% | £1,331pcm |
| June 2007 | 0% | £1,186pcm |
Sales History
The last recorded sale was on 21st November 2022 for £200,000 and since then the market in the area has remained stable.
IG8 7QH has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2022£200,000 | 2 Bed Flat5A, Madeira Grove, Woodford Green, IG8 7QH5A, Madeira Grove, Woodford Green, IG8 7QH
- Sold Nov 2021£675,000 | 3 Bed House19, Madeira Grove, Woodford Green, IG8 7QH19, Madeira Grove, Woodford Green, IG8 7QH
- Sold Feb 2021£680,000 | 4 Bed House11, Madeira Grove, Woodford Green, IG8 7QH11, Madeira Grove, Woodford Green, IG8 7QH
Nearby Postcodes
IG8 7QH is the 599th largest and the 471st most expensive postcode out of the 715 postcodes in the IG8 area.
- IG8 7FD, Madeira Grove, Woodford Green, IG8IG8 7FD10 Addresses|38 m away
- IG8 7FA, Hillside Avenue, Woodford Green, IG8IG8 7FA9 Addresses|54 m away
- IG8 7HS, Claremont Grove, Woodford Green, IG8IG8 7HS25 Addresses|101 m away
- IG8 0JA, Kings Avenue, Woodford Green, IG8IG8 0JA54 Addresses|112 m away
- IG8 7QQ, Snakes Lane East, Woodford Green, IG8IG8 7QQ10 Addresses|114 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (4)
- G (0)
- D (11)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Mar 2006£710,000 | 4 Bed House25, Madeira Grove, Woodford Green, IG8 7QH25, Madeira Grove, Woodford Green, IG8 7QH
- Sold Feb 2021£680,000 | 4 Bed House11, Madeira Grove, Woodford Green, IG8 7QH11, Madeira Grove, Woodford Green, IG8 7QH
- Sold Nov 2021£675,000 | 3 Bed House19, Madeira Grove, Woodford Green, IG8 7QH19, Madeira Grove, Woodford Green, IG8 7QH
Schools Nearby
- Ray Lodge Primary School600 m away
- Wells Primary School1.0 km away
- Woodford Green Primary School1.1 km away
- Woodbridge High School900 m away
- Woodford County High School1.2 km away
- Trinity Catholic High School1.3 km away
More reading links
Public Transport Nearby
The closest station to IG8 7QH is Woodford station, which is 200 metres away.
- Woodford|200 m away
- Roding Valley|1.1 km away
- South Woodford|2.0 km away
- Buckhurst Hill|2.1 km away