IG8 8BB is a residential postcode situated on Love Lane, Woodford Green, IG8 with 21 addresses.
It ranks as the 398th largest and 357th most expensive of the 716 postcodes in the IG8 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 21 properties: 21 houses.
IG8 8BB is a residential postcode situated on Love Lane, Woodford Green, IG8 with 21 addresses.
It ranks as the 398th largest and 357th most expensive of the 716 postcodes in the IG8 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 21 properties: 21 houses.
Sale prices range from £481,253 for 3 bedroom freehold houses with a garden (753 ft2) to £764,482 for 4 bedroom freehold houses with a garden (1,291 ft2) .
Monthly rental prices range from £2,085 pcm for 3 bed houses to £2,829 pcm for 4 bed houses.
The gross rental yield is between 4.4% and 5.4%.
The average value per square foot is £555.
The last sale in IG8 8BB sold for £585,000 on 2nd July 2024. Since then prices are up an average of 1.2%.
The current average value in the postcode is £591,121.
The IG8 8BB Sales Market has increased by 23.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £591,121 |
| April 2025 | 3% | £597,446 |
| April 2024 | -1.6% | £579,924 |
| April 2023 | 1.4% | £589,244 |
| April 2022 | 6.8% | £581,164 |
| April 2021 | 6% | £544,265 |
| April 2020 | 1.7% | £513,402 |
| April 2019 | -1.2% | £504,752 |
| April 2018 | 1.7% | £510,982 |
| April 2017 | 4.9% | £502,490 |
| April 2016 | 13.9% | £478,921 |
| April 2015 | 11.8% | £420,557 |
| April 2014 | 13.5% | £376,197 |
| April 2013 | 6.9% | £331,584 |
| April 2012 | 0.7% | £310,077 |
| April 2011 | 1.2% | £308,069 |
| April 2010 | 7.5% | £304,294 |
| April 2009 | -10% | £283,088 |
| April 2008 | 4.3% | £314,536 |
| April 2007 | 0% | £301,584 |
The current average rental value in the postcode is £2,483.
The IG8 8BB Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £2,483pcm |
| April 2025 | 3% | £2,413pcm |
| April 2024 | 8.1% | £2,343pcm |
| April 2023 | 13% | £2,168pcm |
| April 2022 | 6.9% | £1,919pcm |
| April 2021 | 4.3% | £1,795pcm |
| April 2020 | 1.7% | £1,722pcm |
| April 2019 | 0.6% | £1,693pcm |
| April 2018 | -0.4% | £1,682pcm |
| April 2017 | 0.2% | £1,689pcm |
| April 2016 | 4.8% | £1,687pcm |
| April 2015 | 6.1% | £1,609pcm |
| April 2014 | 9.8% | £1,517pcm |
| April 2013 | 2.3% | £1,382pcm |
| April 2012 | 10.2% | £1,350pcm |
| April 2011 | 4.9% | £1,225pcm |
| April 2010 | 3.7% | £1,168pcm |
| April 2009 | -4.9% | £1,127pcm |
| April 2008 | 9.4% | £1,184pcm |
| April 2007 | 0% | £1,082pcm |
The last sale was on 2nd July 2024 for £585,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 43 sales since 1995.
IG8 8BB has seen 2 sales in the last three years and no sales in the last twelve months.
IG8 8BB is the 398th largest and the 357th most expensive postcode out of the 716 postcodes in the IG8 area.
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The closest station to IG8 8BB is Chigwell station which is 1.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around IG8 8BB, 40.2% of property is privately owned with a mortgage and 35.0% is privately rented.
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 8BB, 20.0% of residents are recorded as possessing school level qualifications and 40.6% 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 8BB, 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 8BB, 0.7% 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 8BB, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.