IG8 8RR is a residential postcode situated on Brandesbury Square, Woodford Green, IG8 with 2 addresses.
It ranks as the 20th largest and 679th most expensive of the 716 postcodes in the IG8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
IG8 8RR is a residential postcode situated on Brandesbury Square, Woodford Green, IG8 with 2 addresses.
It ranks as the 20th largest and 679th most expensive of the 716 postcodes in the IG8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £1,242,893 for 5 bedroom freehold houses with a garden (2,012 ft2) to £1,318,969 for 5 bedroom freehold houses with a garden (2,292 ft2) .
Monthly rental prices range from £3,790 pcm for 5 bed houses to £3,812 pcm for 5 bed houses.
The gross rental yield is between 3.5% and 3.7%.
The average value per square foot is £596.
The last sale in IG8 8RR sold for £850,000 on 17th January 2023. Since then prices are down an average of 2.1%.
The current average value in the postcode is £1,280,931.
The IG8 8RR Sales Market has increased by 23.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.6% | £1,280,931 |
| April 2025 | 3.6% | £1,315,054 |
| April 2024 | -2.3% | £1,269,744 |
| April 2023 | 1.9% | £1,299,988 |
| April 2022 | 6.9% | £1,275,260 |
| April 2021 | 7.2% | £1,192,539 |
| April 2020 | 1.2% | £1,112,148 |
| April 2019 | 0.2% | £1,098,733 |
| April 2018 | 2.2% | £1,096,833 |
| April 2017 | 3.3% | £1,073,195 |
| April 2016 | 12.5% | £1,038,731 |
| April 2015 | 11.2% | £923,453 |
| April 2014 | 14% | £830,185 |
| April 2013 | 10.8% | £727,928 |
| April 2012 | 0.3% | £657,108 |
| April 2011 | 1.8% | £655,120 |
| April 2010 | 10.3% | £643,407 |
| April 2009 | -12.2% | £583,442 |
| April 2008 | 3.5% | £664,854 |
| April 2007 | 0% | £642,213 |
The current average rental value in the postcode is £3,801.
The IG8 8RR Rental Market has increased by 46.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £3,801pcm |
| April 2025 | 3% | £3,743pcm |
| April 2024 | 9.3% | £3,633pcm |
| April 2023 | 12.2% | £3,324pcm |
| April 2022 | 8.8% | £2,962pcm |
| April 2021 | 4.7% | £2,723pcm |
| April 2020 | 0.8% | £2,600pcm |
| April 2019 | 1% | £2,579pcm |
| April 2018 | 0% | £2,553pcm |
| April 2017 | -1.4% | £2,552pcm |
| April 2016 | 2.9% | £2,587pcm |
| April 2015 | 7.7% | £2,515pcm |
| April 2014 | 7.8% | £2,335pcm |
| April 2013 | 7.4% | £2,167pcm |
| April 2012 | 8.4% | £2,018pcm |
| April 2011 | 7.2% | £1,862pcm |
| April 2010 | 4.5% | £1,737pcm |
| April 2009 | -3.6% | £1,662pcm |
| April 2008 | 10% | £1,724pcm |
| April 2007 | 0% | £1,567pcm |
The last sale was on 17th January 2023 for £850,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 2 sales since 1995.
IG8 8RR has seen 1 sale in the last three years and no sales in the last twelve months.
IG8 8RR is the 20th largest and the 679th most expensive postcode out of the 716 postcodes in the IG8 area.
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The closest station to IG8 8RR is Hainault station which is 1.5 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 8RR, 37.2% of property is privately owned with a mortgage and 34.7% is privately rented.
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 8RR, 22.7% of residents are recorded as possessing school level qualifications and 45.0% 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 8RR, the average age was 37.1 and the most common age was 37.
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 8RR, 1.6% 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 8RR, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.