Area guide

Chigwell, IG7


Overview

On this page you will find in-depth information and analytics about the IG7 postcode district. This includes current and historical average prices, price trends, the distribution of property types, the prices of various streets, and other information about Chigwell, IG7.

IG7 is a relatively popular area with 180 transactions recorded in the past 12 months, which is 1.6% higher than the national average of 177. This is also 11.8% lower than the year prior which had 204 transactions.

Chigwell, IG7 current market prices

The price growth in Chigwell is higher than the national average, with the 2 year growth at 4.5 times the national average. Compared to other areas, IG7 is a relatively expensive area, with an average price 123.9% higher than the national average. The average house price in Chigwell, IG7 is £857,750 and the average rent is £916.

IG7 Current Averages

Market characteristic IG7 district National IG7 against national
Average price £857,750 £383,013 123.9%
Average rent £1,836 £916 100.4%
Sales per month 15 15 (56,046 Total) 0%

IG7 Growth trends

Growth rate IG7 district National
2yr house growth 58.4% 13.1%
2yr CAGR 25.8% 6.3%
Last 12 months house price growth 33% 1.6%

IG7 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £857,750 £644,783 £541,651 £896,010 View houses for sale in IG7
Flats £405,714 £460,721 £320,925 £330,571 View flats for sale in IG7
Detached £1,807,079 £1,316,065 £906,500 £1,493,726 View detached for sale in IG7
Semi-detached £505,000 £569,456 £514,679 £707,243 View semi-detached for sale in IG7
Terraced £405,000 £414,037 £407,714 £467,282 View terraced for sale in IG7
Bungalows N/A N/A N/A £1,311,111 View bungalows for sale in IG7

IG7 Average Rent by property type

Type Historical Average Price
All properties to rent £2,249 View houses for rent in IG7
Flats for rent £1,467 View flats for rent in IG7
Detached for rent £4,102 View detached for rent in IG7
Semi-detached for rent £2,206 View semi-detached for rent in IG7
Terraced for rent £1,985 View terraced for rent in IG7
Bungalows for rent £2,950 View bungalows for rent in IG7

Chigwell, IG7 Housing Stock

Chigwell, IG7 has a total of 8,603 properties, of which 280 are currently for sale and 69 are for rent. Excluding flats, the most common property type in IG7 is terraced with a total of 2,366 houses.

All properties in area

Type Quantity Percentage
Total properties in area 8,603 -
Total flats in area 1,855 21.6%
Total detached in area 1,989 23.1%
Total semi-detached in area 2,343 27.2%
Total terraced in area 2,366 27.5%
Total other in area 50 0.6%

All properties for sale

Type Quantity Percentage
Total properties for sale 280 - View houses for sale in IG7
Total flats for sale 35 12.5% View flats for sale in IG7
Detached for sale 95 33.9% View detached for sale in IG7
Semi-detached for sale 49 17.5% View semi-detached for sale in IG7
Terraced for sale 46 16.4% View terraced for sale in IG7
Bungalows for sale 9 3.2% View bungalows for sale in IG7
Other properties for sale 46 16.4%

All properties for rent

Type Quantity
Total properties to rent 69 View houses for rent in IG7
Total flats for rent 20 View flats for rent in IG7
Detached for rent 14 View detached for rent in IG7
Semi-detached for rent 7 View semi-detached for rent in IG7
Terraced for rent 10 View terraced for rent in IG7
Bungalows for rent 1 View bungalows for rent in IG7
Other properties for rent 17

Most and least expensive streets in Chigwell, IG7

Chigwell, IG7 has a total of 187 streets. The most expensive street in IG7 is Luxborough Lane, with an average sale price of £3,800,000. The least expensive street in IG7 is Yellowpine Way, with an average sale price of £203,257.



Frequently asked questions

What is the rental price in Chigwell?

The current average rental price in Chigwell is £1,977 per month. Mouseprice is currently listing 67 properties to rent in Chigwell.

Towns near Chigwell

Towns near Chigwell - Buckhurst hill, Woodford green, Loughton, Ilford, Barking

What schools are there in Chigwell?

Nearby schools in Chigwell include Limes Farm Infant School and Nursery, Limes Farm Junior School, Early Years Assessment Service and Centre Co Manford Primary School, Manford Primary School, Wells Park School

What stations are there in Chigwell?

Nearby stations in Chigwell include Grange Hill Station, Chigwell Station, Hainault Station, Fairlop Station, Roding Valley Station.


Notes

The data above illustrates the relative proportions different types of property in the IG7 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
Historical average prices are calculated using all IG7 sales since 1995.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.