Rental and sale prices in the IG postal area

The prices below are for properties currently available to buy or rent in the IG postal area. They are recalculated daily to incorporate new properties being put on the market.

Rental and sale prices:

Bedrooms Sale price Weekly rent Yield
1 £229,595 £229 5.2%
2 £339,303 £323 5.0%
3 £495,324 £392 4.1%
4 £745,280 £477 3.3%

The average yield of residential rental property in the IG postal area is 4.4% per year.

This is around average for London. A large part of the overall investment return will be due to capital growth (see below) rather than rental income.

Price per square foot:

Area Price per ft2 Price per m2
The IG postal area £0/ft2 £0/m2
Greater London £930/ft2 £10,000/m2
Within the M25 £770/ft2 £8,300/m2
Floor area in the IG postal area is cheaper than the London average. Therefore this could be a good area if you need lots of space.

House price growth (per year)

We've calculated the annual growth in house prices for each street in the IG postal area, over the last 5 years. The best and worst performing streets are listed below.

Example:

A £100,000 property bought on Chichester Gardens 5 years ago would now be worth £248,856 (20% growth per year).

Whereas a £100,000 property bought on Connaught Road 5 years ago would only be worth £54,134 today (-12% growth per year).

Lowest price growth streets in the IG postal area:

Rental yield in most of London is often quite low. Instead, investors rely on the value of the house to increase to provide a return on their investment. This is called capital growth.

Capital growth is not uniform across London - in fact, it often varies widely from street to street. Pick the right street and you can make a fortune!

On average, property prices in the IG postal area have grown at 7% per year for the last 5 years.

This is around the London average. Therefore you may wish to search in another area if very high capital growth is important!

Transport and connectivity in the IG postal area

Good transport connections will make your daily commute less painful, and can increase the value of property.

Travel times below are the average weekday peak travels time from the postal sector to central London termini, by the quickest means of public transport.

Tube and train stations in the IG postal area:

  • Seven Kings (zone 4)
    • National Rail
  • Hainault (zone 4)
    • Central
  • Roding Valley (zone 4)
    • Central
  • Grange Hill (zone 4)
    • Central
  • Debden (zone 6)
    • Central
  • Barkingside (zone 4)
    • Central
  • Upney (zone 4)
    • District
  • Gants Hill (zone 4)
    • Central
  • Woodford (zone 4)
    • Central
  • Fairlop (zone 4)
    • Central
  • Buckhurst Hill (zone 5)
    • Central
  • Chigwell (zone 4)
    • Central
  • Newbury Park (zone 4)
    • Central
  • Redbridge (zone 4)
    • Central
  • Goodmayes (zone 4)
    • National Rail
  • Barking (zone 4)
    • District
    • Hammersmith & City
    • Metropolitan
    • Overground
  • Ilford (zone 4)
    • National Rail

Travel times from the IG postal area to central London:

  • Victoria - 65 minutes
  • London Bridge - 57 minutes
  • King's Cross St Pancras - 65 minutes
  • Waterloo - 57 minutes
  • Paddington - 70 minutes
  • Liverpool Street - 44 minutes
The IG postal area is well connected by public transport to the rest of London.

There are 17 tube and train stations within easy walking distance. Therefore many destinations in London will be reachable without changing line.

The nearest London terminus to the IG postal area is Liverpool Street station, which is around 44 minutes away by public transport.

The demographics of the IG postal area

23% of the population of the IG postal area are children, which is higher than the London average. the IG postal area is a fairly popular area for families.

However the IG postal area is not so popular with working-age people, who make up 60% of the population, which is lower than average for London.

The proportion of residents out of work and on benefits in the IG postal area is about average for London, at 7%.

The crime rate in the IG postal area is about average for London. London is a fairly safe city, so you shouldn't have anything to worry about!