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House Prices in IG7

The average house price in IG7 (Chigwell) is £671,428 using HM Land Registry data.

The average property price decreased by £24,630 (--3.66%) over the last 5 years and decreased by £4,923 (--0.69%) over the last 12 months.

Over the last year, there were 173 residential property sales – a decrease of 22 transactions (-12.72%) relative to the previous year. The majority of house sales (66) were in the £300,000 - £460,000 range. Then came properties in the £460,000 - £620,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-30,650 (-4%).

In May 2025, there were 58 new estate agency instructions, 28 agreed home sales and 29 property price reductions.

5-Year Average Property Prices in IG7 (Chigwell)

-3.66%

Property prices in IG7 (Chigwell) decreased by -3.66% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in IG7 (Chigwell) Over the Last Year

-0.69%

Property prices in IG7 (Chigwell) decreased by -0.69% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for IG7 (Chigwell) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in IG7 (Chigwell)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in IG7 (Chigwell)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in IG7 (Chigwell)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the IG7 (Chigwell) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IG7 postcode area since 1995.

Recent Sales in IG7 (Chigwell)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
36 Dacre Gardens, Chigwell, Essex, IG7 5HG	£750,000	£740,000	-£10,000	06 Sep 2024	07 Feb 2025	154 Days
33 Karina Close, Chigwell, Greater London, IG7 4EN	£500,000	£480,000	-£20,000	28 Oct 2024	07 Feb 2025	102 Days
41 Retreat Way, Chigwell, Essex, IG7 6EL	£335,000	£335,000	£0	14 Aug 2024	16 Jan 2025	155 Days
2 Mount Pleasant Road, Chigwell, Essex, IG7 5ER	£999,950	£950,000	-£49,950	07 Aug 2024	22 Nov 2024	107 Days
723 Copperfield, Chigwell, Essex, IG7 5LF	£440,000	£424,000	-£16,000	03 Jun 2024	21 Nov 2024	171 Days
33 Fairview Drive, Chigwell, Greater London, IG7 6HS	£475,000	£475,000	£0	10 Jul 2024	16 Oct 2024	98 Days
2 Regency Close, Chigwell, Essex, IG7 5NY	£450,000	£450,000	£0	21 May 2024	27 Sep 2024	129 Days
5 Manford Cross, Chigwell, Greater London, IG7 4AB	£475,000	£475,000	£0	20 Mar 2024	28 Jun 2024	100 Days
193 Brocket Way, Chigwell, Greater London, IG7 4LX	£475,000	£460,000	-£15,000	03 Oct 2023	21 Jun 2024	262 Days
234 Burrow Road, Hainault, Chigwell, Greater London, IG7 4NQ	£440,000	£405,000	-£35,000	16 Aug 2023	29 May 2024	287 Days
63 Tufter Road, Chigwell, Greater London, IG7 4EB	£400,000	£400,000	£0	26 Dec 2023	26 Apr 2024	122 Days
62 The Bowls, Chigwell, Essex, IG7 6ND	£650,000	£645,000	-£5,000	26 Sep 2023	15 Apr 2024	202 Days
23 Regency Close, Chigwell, Essex, IG7 5NY	£550,000	£540,000	-£10,000	14 Nov 2023	15 Apr 2024	153 Days
94 Lambourne Road, Chigwell, Essex, IG7 6EN	£575,000	£560,000	-£15,000	28 Jul 2023	26 Mar 2024	242 Days
311 Copperfield, Chigwell, Essex, IG7 5NP	£400,000	£400,000	£0	19 Sep 2023	22 Mar 2024	185 Days
7 Chester Road, Chigwell, Essex, IG7 6AH	£1,450,000	£1,310,000	-£140,000	02 Oct 2023	20 Mar 2024	170 Days
91 Burrow Road, Hainault, Chigwell, Greater London, IG7 4NL	£400,000	£400,000	£0	12 Aug 2023	15 Mar 2024	216 Days
21 Sunnymede, Chigwell, Essex, IG7 6ES	£415,000	£387,000	-£28,000	26 Dec 2023	15 Mar 2024	80 Days
72a, Hainault Road, Chigwell, Essex, IG7 5DH	£800,000	£700,000	-£100,000	09 Jan 2024	15 Mar 2024	66 Days
5 Barton Close, Chigwell, Essex, IG7 6LJ	£1,750,000	£1,670,000	-£80,000	06 Apr 2022	08 Mar 2024	702 Days

Most Expensive Streets in IG7 (Chigwell)

Postcode	Street	Area	Average	No. of Sales
IG7 5QU	Stradbroke Drive	Chigwell	£2,283,333	3
IG7 5AF	Forest Lane	Chigwell	£2,279,583	6
IG7 6LH	Lingmere Close	Chigwell	£2,085,000	3
IG7 5QZ	Stradbroke Drive	Chigwell	£2,046,564	5
IG7 6LL	Parkland Close	Chigwell	£1,868,750	4
IG7 5DL	Hainault Road	Chigwell	£1,811,214	7
IG7 6BF	Chigwell Grange, High Road	Chigwell	£1,738,173	15
IG7 6AF	Lee Grove	Chigwell	£1,613,333	3
IG7 5BQ	High Road	Chigwell	£1,605,454	11
IG7 6AW	Brook Way	Chigwell	£1,420,000	4

Least Expensive Streets in IG7 (Chigwell)

Postcode	Street	Area	Average	No. of Sales
IG7 5JP	Trotwood	Chigwell	£212,950	4
IG7 5JN	Trotwood	Chigwell	£227,125	8
IG7 5JZ	Copperfield	Chigwell	£251,666	3
IG7 4QY	The Ridings, Romford Road	Chigwell	£285,500	4
IG7 6DU	Foxburrows Court, Sunnymede	Chigwell	£290,166	3
IG7 4GH	Ash Road	Chigwell	£298,197	5
IG7 4BA	Yellowpine Way	Chigwell	£301,722	18
IG7 4FP	Foxglove Gardens	Chigwell	£301,833	6
IG7 4AD	Manford Way	Chigwell	£303,666	3
IG7 4FQ	Alderwood House, Alderwood Terrace	Chigwell	£307,000	3