17, Bearing Way
17, Bearing Way
Description & Estimates
17, Bearing Way, Chigwell is described in the public record as a mid-century house with 613 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 17, Bearing Way, Chigwell is £317,135 and its rental estimate is £2,033 per month, given the available information and assuming reasonable condition.
Bearing Way, Chigwell, IG7 falls within the IG7 postal district, in the borough of Redbridge.
Our Data Sources
17, Bearing Way, Chigwell has no records in the the Land Registry and a single entry in the EPC database dated June 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 17, Bearing Way, Chigwell, we estimate a market value of £332,992 and a rental value of £2,135 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £294,935 and £1,891 per month respectively.
Recent Market Change
Over the last year, 17, Bearing Way, Chigwell has seen its estimated sale value drop by £7,662 (2.4%) and its estimated rental value rise by £66 per month (3.3%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
17, Bearing Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 17, Bearing Way, Chigwell have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th July 2024, was 32, The Ridings, Chigwell, IG7 4QY, a leasehold house which sold for £28,000.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Bearing Way, Chigwell, IG7, 17, Bearing Way, Chigwell comes out as the 40th largest and the 40th most expensive in our analysis of the public data.
It is also £319k less expensive than the average property across the IG7 district.
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Schools Nearby
- 100mCoppice Primary School
- 900mJohn Bramston Primary School
- 1.0kmManford Primary School
- 500mForest Academy
- 2.8kmKing Solomon High School
- 3.4kmIlford County High School
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Public Transport Nearby
From 17, Bearing Way, Chigwell, the nearest station is Grange Hill, 1.5 kilometres away.
- 1.5kmGrange Hill
- 1.7kmHainault
- 2.5kmFairlop
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
