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IG7

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New builds in IG7: what they really sell for.

9 new-build homes sold in IG7 in the last 12 months, 5% of all sales. New flat homes sold for a median £283,750, 12.7% less than existing ones.

Chigwell, covering Chigwell with Lambourne, Fairlop, Grange Hill, Hainault, Loughton Roding, Lambourne, Loughton.

New homes sold

9

5% of sales, last 12 months

New-build premium

-12.7%

Flat homes

Resold, vs market

+3.1%

Market +5.1%

Energy bills

—

No certificates yet

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Manford WayIG7 4EG · flat · 22 sold · latest Dec 2025
£268k–£305k

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Flat

-12.7%

New £284k · existing £325k

22 new-build sales

Resale

Do new builds in IG7 hold their value?

Bought new, resold

+3.1%

Local market, same years

+5.1%

Kept pace

38 of 99

Typically held 4.4 years

Homes in IG7 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in IG7?

Over the last two years, new flat homes in IG7 sold for a median £283,750 against £325,000 for existing ones, a difference of -12.7%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in IG7 hold their value?

99 homes in IG7 bought new and later resold changed by a median +3.1%, typically after 4.4 years. The local market moved +5.1% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in IG7?

Recent new-build sales recorded by Land Registry in IG7 include Manford Way. New streets appear once the first homes complete.

How do I know if a new build in IG7 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers