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According to the public record, 6, Bearing Close, Chigwell is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,332 ft2 of internal area and sits on a 261 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Bearing Close, Chigwell is £473,664 and the estimated rental value is £2,727 per month.
Bearing Close, Chigwell, IG7 is located in the borough of Redbridge within the IG7 postal district.
6, Bearing Close, Chigwell has 2 entries in the Land Registry , most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 6, Bearing Close, Chigwell is in very good condition we estimate a sale value of £497,347 and a rental value of £2,864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,507 and a rental value of £2,537 per month.
Over the last 12 months the sale value of 6 Bearing Close Chigwell has decreased by an estimated £12,744 (2.7%) and its rental value has increased by an estimated £92 per month (3.4%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 6, Bearing Close, Chigwell sits on a plot of 261m2.
We have plot size data on 10 out of 12 other houses in the postcode and 6, Bearing Close, Chigwell sits on the 3rd largest plot.
According to HM Land Registry, 6, Bearing Close, Chigwell was last sold on 20th July 2007 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2007, the market for similar properties has risen 106.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Bearing Close, Chigwell within a radius of 540 metres over the last 2 years.
The most recent example is 10, Greenwood Road, Chigwell, IG7 4NG, a freehold house which sold for £485,000 on the 1st July 2024.
Read more about house prices in IG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bearing Close, Chigwell, IG7 has a total of 12 addresses. According to our analysis of all the public data, 6, Bearing Close, Chigwell is the largest and the most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in IG7.
The nearest school is Coppice Primary School which is 100 metres away. The nearest train station is Grange Hill which is 1.5 kilometres away.
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