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
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
All properties for rent
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.
