Summit Drive - IG8 8QW
Key Postcode Insights
IG8 8QW is a residential postcode situated on Summit Drive, Woodford Green, IG8 with 30 addresses.
It ranks as the 545th largest and 401st 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 30 properties: 30 houses.
- Ave. Sale Price
- £637,654
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £2,493pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £548/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
IG8 8QW is a residential postcode situated on Summit Drive, Woodford Green, IG8 with 30 addresses.
It ranks as the 545th largest and 401st 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 30 properties: 30 houses.
- Ave. Sale Price
- £637,654
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £2,493pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £548/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin IG8 8QW
- 1 Summit Drive
3 Bed Early-century House
- 3 Summit Drive
Unknown
- 5 Summit Drive
4 Bed Early-century House
- 7 Summit Drive
Unknown
- 9 Summit Drive
Unknown
Sales Market Trends
The last sale in IG8 8QW sold for £552,000 on 19th December 2024. Since then prices are down an average of 1.0%.
The current average value in the postcode is £637,654.
The IG8 8QW Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £637,654 |
| June 2025 | 2.6% | £645,603 |
| June 2024 | 1.4% | £629,422 |
| June 2023 | -1.9% | £620,446 |
| June 2022 | 6.6% | £632,676 |
| June 2021 | 6.8% | £593,468 |
| June 2020 | 0.8% | £555,742 |
| June 2019 | -0.2% | £551,532 |
| June 2018 | 3% | £552,381 |
| June 2017 | 2.4% | £536,055 |
| June 2016 | 13.5% | £523,495 |
| June 2015 | 11.9% | £461,162 |
| June 2014 | 17.2% | £411,954 |
| June 2013 | 3.8% | £351,560 |
| June 2012 | 1.4% | £338,682 |
| June 2011 | -0.4% | £334,122 |
| June 2010 | 11% | £335,495 |
| June 2009 | -10.1% | £302,358 |
| June 2008 | -0.7% | £336,196 |
| June 2007 | 0% | £338,625 |
Rental Market Trends
The current average rental value in the postcode is £2,493.
The IG8 8QW Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £2,493pcm |
| June 2025 | 2.9% | £2,442pcm |
| June 2024 | 8.4% | £2,373pcm |
| June 2023 | 12.1% | £2,190pcm |
| June 2022 | 9.9% | £1,953pcm |
| June 2021 | 3.6% | £1,777pcm |
| June 2020 | 1.4% | £1,715pcm |
| June 2019 | 0.6% | £1,691pcm |
| June 2018 | 0.4% | £1,681pcm |
| June 2017 | -1.8% | £1,674pcm |
| June 2016 | 6% | £1,705pcm |
| June 2015 | 9.1% | £1,608pcm |
| June 2014 | 8.3% | £1,474pcm |
| June 2013 | -0.1% | £1,361pcm |
| June 2012 | 8.4% | £1,363pcm |
| June 2011 | 5% | £1,258pcm |
| June 2010 | 7.6% | £1,197pcm |
| June 2009 | -4.9% | £1,113pcm |
| June 2008 | 12.1% | £1,171pcm |
| June 2007 | 0% | £1,044pcm |
Sales History
The last sale was on 19th December 2024 for £552,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 40 sales since 1995.
IG8 8QW has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£552,000 | 3 Bed House15, Summit Drive, Woodford Green, IG8 8QW15, Summit Drive, Woodford Green, IG8 8QW
- Sold Feb 2024£587,250 | 4 Bed House17, Summit Drive, Woodford Green, IG8 8QW17, Summit Drive, Woodford Green, IG8 8QW
- Sold Jan 2023£725,000 | 4 Bed House51, Summit Drive, Woodford Green, IG8 8QW51, Summit Drive, Woodford Green, IG8 8QW
- Sold Jun 2022£660,000 | 4 Bed House43, Summit Drive, Woodford Green, IG8 8QW43, Summit Drive, Woodford Green, IG8 8QW
- Sold Dec 2021£610,000 | 3 Bed House49, Summit Drive, Woodford Green, IG8 8QW49, Summit Drive, Woodford Green, IG8 8QW
Nearby Postcodes
IG8 8QW is the 545th largest and the 401st most expensive postcode out of the 715 postcodes in the IG8 area.
- IG8 8QP, Summit Drive, Woodford Green, IG8IG8 8QP30 Addresses|40 m away
- IG8 8LS, Rivington Avenue, Woodford Green, IG8IG8 8LS30 Addresses|54 m away
- IG8 8LT, Rivington Avenue, Woodford Green, IG8IG8 8LT27 Addresses|89 m away
- IG8 8QS, Hillington Gardens, Woodford Green, IG8IG8 8QS30 Addresses|90 m away
- IG8 8QT, Hillington Gardens, Woodford Green, IG8IG8 8QT27 Addresses|131 m away
Property Types
- 3 houses of an unknown age
- 19 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- house (3)
- early-century house (19)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (0)
- C (2)
- G (0)
- D (11)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jan 2023£725,000 | 4 Bed House51, Summit Drive, Woodford Green, IG8 8QW51, Summit Drive, Woodford Green, IG8 8QW
- Sold Jun 2022£660,000 | 4 Bed House43, Summit Drive, Woodford Green, IG8 8QW43, Summit Drive, Woodford Green, IG8 8QW
- Sold Mar 2017£650,000 | 4 Bed House21, Summit Drive, Woodford Green, IG8 8QW21, Summit Drive, Woodford Green, IG8 8QW
Schools Nearby
- Glade Primary School800 m away
- Oakdale Junior School900 m away
- Oakdale Infants' School1.1 km away
- Beal High School1.0 km away
- Caterham High School1.1 km away
- Woodbridge High School1.2 km away
More reading links
Public Transport Nearby
The closest station to IG8 8QW is South Woodford station, which is 1.3 kilometres away.
- South Woodford|1.3 km away
- Woodford|1.7 km away
- Redbridge|2.0 km away
- Snaresbrook|2.2 km away
