30, Bearing Way
30, Bearing Way
Description & Estimates
30, Bearing Way, Chigwell is described in the public record as a mid-century apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 30, Bearing Way, Chigwell is £193,072 and its rental estimate is £1,242 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
30, Bearing Way, Chigwell has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
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 30, Bearing Way, Chigwell, we estimate a market value of £202,725 and a rental value of £1,304 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £179,557 and £1,155 per month respectively.
Recent Market Change
Over the last year, 30, Bearing Way, Chigwell has seen its estimated sale value decrease by £4,104 (2.1%) and its estimated rental value grow by £43 per month (3.4%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
30, Bearing Way, Chigwell has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2016.
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 30, 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.
More reading links
Location Comparison
Of the 48 addresses on Bearing Way, Chigwell, IG7, 30, Bearing Way, Chigwell comes out as the 48th largest and the 48th most expensive in our analysis of the public data.
It is also £443k less expensive than the average property across the IG7 district.
More reading links
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
More reading links
Public Transport Nearby
From 30, 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.
