26, Bearing Way
26, Bearing Way
Description & Estimates
26, Bearing Way, Chigwell is described in the public record as a mid-century apartment with 581 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 26, Bearing Way, Chigwell is £203,018 and its rental estimate is £1,289 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
26, Bearing Way, Chigwell has no records in the the Land Registry and a single entry in the EPC database dated June 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 26, Bearing Way, Chigwell, we estimate a market value of £213,169 and a rental value of £1,353 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £188,806 and £1,199 per month respectively.
Recent Market Change
Over the last year, 26, Bearing Way, Chigwell has seen its estimated sale value drop by £4,316 (2.1%) and its estimated rental value rise by £44 per month (3.4%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
26, Bearing Way, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2018.
The property is 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 26, Bearing Way, Chigwell have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2021, was 38, Bearing Way, Chigwell, IG7 4NB, a leasehold flat which sold for £185,000.
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, 26, Bearing Way, Chigwell comes out as the 46th largest and the 46th most expensive in our analysis of the public data.
It is also £433k less expensive than the average property across the IG7 district.
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Schools Nearby
- 200mCoppice Primary School
- 900mManford Primary School
- 1.0kmJohn Bramston Primary School
- 600mForest Academy
- 2.8kmKing Solomon High School
- 3.4kmWest Hatch High School
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Public Transport Nearby
From 26, Bearing Way, Chigwell, the nearest station is Grange Hill, 1.4 kilometres away.
- 1.4kmGrange Hill
- 1.7kmHainault
- 2.5kmFairlop
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
