IG8 8AL is a residential postcode situated on Chigwell Road, Woodford Green, IG8 with 19 addresses.
It ranks as the 367th largest and 137th most expensive of the 716 postcodes in the IG8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 19 properties: 10 houses and 9 flats.
IG8 8AL is a residential postcode situated on Chigwell Road, Woodford Green, IG8 with 19 addresses.
It ranks as the 367th largest and 137th most expensive of the 716 postcodes in the IG8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 19 properties: 10 houses and 9 flats.
Sale prices range from £221,882 for 2 bedroom Leasehold flats with a garden (376 ft2) to £576,326 for 3 bedroom freehold houses with a garden (861 ft2) .
Monthly rental prices range from £1,244 pcm for 2 bed flats to £2,394 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 6.7%.
The average value per square foot is £556.
The last sale in IG8 8AL sold for £530,000 on 11th August 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £403,169.
The IG8 8AL Sales Market has increased by 16.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £403,169 |
| April 2025 | 2.6% | £405,423 |
| April 2024 | -0.6% | £395,187 |
| April 2023 | 0.3% | £397,468 |
| April 2022 | 4.8% | £396,221 |
| April 2021 | 4.7% | £377,976 |
| April 2020 | 2.1% | £361,163 |
| April 2019 | -2.2% | £353,673 |
| April 2018 | 1.3% | £361,739 |
| April 2017 | 3.5% | £357,159 |
| April 2016 | 14.4% | £345,002 |
| April 2015 | 13.3% | £301,564 |
| April 2014 | 12.1% | £266,057 |
| April 2013 | 5.1% | £237,258 |
| April 2012 | -0.6% | £225,644 |
| April 2011 | 0.2% | £226,932 |
| April 2010 | 5.9% | £226,369 |
| April 2009 | -11.4% | £213,857 |
| April 2008 | 4.9% | £241,248 |
| April 2007 | 0% | £229,949 |
The current average rental value in the postcode is £1,878.
The IG8 8AL Rental Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,878pcm |
| April 2025 | 3% | £1,816pcm |
| April 2024 | 8.4% | £1,763pcm |
| April 2023 | 12.1% | £1,627pcm |
| April 2022 | 5.4% | £1,452pcm |
| April 2021 | 2.7% | £1,377pcm |
| April 2020 | 1.9% | £1,341pcm |
| April 2019 | -0.3% | £1,316pcm |
| April 2018 | -0.7% | £1,320pcm |
| April 2017 | -1.3% | £1,329pcm |
| April 2016 | 5.8% | £1,346pcm |
| April 2015 | 7.4% | £1,272pcm |
| April 2014 | 7.1% | £1,184pcm |
| April 2013 | 0.7% | £1,105pcm |
| April 2012 | 9% | £1,098pcm |
| April 2011 | 4.4% | £1,008pcm |
| April 2010 | 1.1% | £965pcm |
| April 2009 | -5.3% | £954pcm |
| April 2008 | 11.2% | £1,008pcm |
| April 2007 | 0% | £906pcm |
The last sale was on 11th August 2025 for £530,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 11 sales since 1995.
IG8 8AL has seen 2 sales in the last three years and 1 sale in the last twelve months.
IG8 8AL is the 367th largest and the 137th most expensive postcode out of the 716 postcodes in the IG8 area.
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The closest station to IG8 8AL is Roding Valley station which is 1.4 kilometres 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 8AL, 28.4% of property is socially rented and 26.8% 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 8AL, 23.0% of residents are recorded as possessing school level qualifications and 28.9% 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 8AL, the average age was 39.2 and the most common age was 32.
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 8AL, 0.0% 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 8AL, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.