2 Bearing Way, Chigwell, IG7 4ND is a freehold semi-detached property built between 1950-1966. The property offers approximately 861 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £509,210 , which equates to approximately £591 per square foot. It was last sold on 6 Jul 2016 for £385,000. Since then, the value has increased by £124,210, representing a 32.3% increase, or approximately 3.4% per year.

The current estimated value of £509,210 is:

  • 20.0% higher than the average property price on Bearing Way
  • 19.2% higher than the average in the IG7 4ND postcode area
  • and 15.2% higher than the average price for Chigwell as a whole

At the most recent EPC inspection on 14 March 2011, the property was recorded as owner-occupied.

View sold house prices in IG7 4ND

Building approximate location

About Property

Type
Semi-Detached House
Built
1950-1966
Interior Size
861 sq ft
Tenure
Freehold
Price (estimate)
£509,210
Price Per sq ft (estimate)
£591
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Bearing Way, Chigwell, Redbridge, Greater London Authority, IG7 4ND has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Mar 2011.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to IG7 4ND

2 nd / 14
Price Rank
19% higher than average
9 th / 11
Size Rank
3% smaller than average
2 nd / 11
Price Per Sq FT Rank
23% higher than average

Compared to other properties in IG7 4ND , this house's estimated value ranks 2nd out of 14. Based on price per square foot, it ranks 2nd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 9th out of 11 properties in its postcode area.

Sale History

Today
£509,210
streetscan.co.uk estimate
+32 %
6 Jul 2016
£385,000
Leasehold
+87.8 %
23 Sep 2011
£205,000
Leasehold
+150 %
21 Dec 1999
£82,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 926 sq ft
sale price: £320,000
sale date: 16 Aug 2019
rooms: 5
size: 893 sq ft
sale price: £390,000
sale date: 7 Oct 2016
rooms: 5
size: 872 sq ft
sale price: £310,000
sale date: 12 Jun 2015
rooms: 5
size: 915 sq ft
sale price: £142,000
sale date: 27 Oct 2003
rooms: 3
size: 904 sq ft
sale price: £152,000
sale date: 13 Sep 2002

Data Sources

The property at 2 Bearing Way, Chigwell, IG7 4ND appears three times in the Land Registry records, with the latest transaction recorded on 6 Jul 2016. It also has a single Energy Performance Certificate (EPC) from 14 Mar 2011. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.