IG8 8AY is a residential postcode situated on Chigwell Road, Woodford Green, IG8 with 1 addresses.
It ranks as the 6th largest and 110th most expensive of the 716 postcodes in the IG8 area.
The postcode contains a total of 1 properties: 1 flat.
IG8 8AY is a residential postcode situated on Chigwell Road, Woodford Green, IG8 with 1 addresses.
It ranks as the 6th largest and 110th most expensive of the 716 postcodes in the IG8 area.
The postcode contains a total of 1 properties: 1 flat.
Sale prices range from £323,926 for 2 bedroom leasehold flats with a garden (678 ft2) to £323,926 for 2 bedroom leasehold flats with a garden (678 ft2) .
Monthly rental prices range from £1,645 pcm for 2 bed flats to £1,645 pcm for 2 bed flats.
The gross rental yield is between 6.1% and 6.1%.
The average value per square foot is £478.
The current average value in the postcode is £323,926.
The IG8 8AY Sales Market has increased by 12.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £323,926 |
| April 2025 | 2.7% | £325,829 |
| April 2024 | 0% | £317,237 |
| April 2023 | -0.3% | £317,350 |
| April 2022 | 3.5% | £318,361 |
| April 2021 | 3.2% | £307,704 |
| April 2020 | 2.7% | £298,239 |
| April 2019 | -2.4% | £290,279 |
| April 2018 | 0.2% | £297,454 |
| April 2017 | 3.1% | £296,998 |
| April 2016 | 13.3% | £288,024 |
| April 2015 | 13.1% | £254,303 |
| April 2014 | 10.1% | £224,774 |
| April 2013 | 4.5% | £204,089 |
| April 2012 | -1.9% | £195,346 |
| April 2011 | 0.5% | £199,203 |
| April 2010 | 2.4% | £198,285 |
| April 2009 | -9.2% | £193,592 |
| April 2008 | 5.5% | £213,252 |
| April 2007 | 0% | £202,105 |
The current average rental value in the postcode is £1,645.
The IG8 8AY Rental Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £1,645pcm |
| April 2025 | 2.7% | £1,591pcm |
| April 2024 | 9.8% | £1,550pcm |
| April 2023 | 11.1% | £1,412pcm |
| April 2022 | 3.6% | £1,271pcm |
| April 2021 | 1.5% | £1,227pcm |
| April 2020 | 2.8% | £1,210pcm |
| April 2019 | -0.6% | £1,177pcm |
| April 2018 | -1.9% | £1,184pcm |
| April 2017 | -1.6% | £1,207pcm |
| April 2016 | 4.2% | £1,227pcm |
| April 2015 | 7.4% | £1,177pcm |
| April 2014 | 6.6% | £1,096pcm |
| April 2013 | 0% | £1,028pcm |
| April 2012 | 7.4% | £1,029pcm |
| April 2011 | 4.1% | £958pcm |
| April 2010 | -1.2% | £920pcm |
| April 2009 | -4% | £932pcm |
| April 2008 | 10.7% | £971pcm |
| April 2007 | 0% | £877pcm |
IG8 8AY is the 6th largest and the 110th most expensive postcode out of the 716 postcodes in the IG8 area.
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The closest station to IG8 8AY is Chigwell station which is 1.2 kilometres away.
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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 8AY, 38.0% of property is privately owned outright and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 8AY, 15.1% of residents are recorded as possessing school level qualifications and 42.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IG8 8AY, the average age was 42.3 and the most common age was 57.
The graph below shows how this compares to East of England 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 8AY, 0.4% of property was a second home.
Comparison figures for East of England 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 8AY, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.