41 Bearing Way, Chigwell, IG7 4NB is a freehold terraced property built between 1950-1966. The property offers approximately 850 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £445,049 , which equates to approximately £523 per square foot. It was last sold on 9 Jul 2010 for £213,000. Since then, the value has increased by £232,049, representing a 108.9% increase, or approximately 7.1% per year.

The current estimated value of £445,049 is:

  • 4.9% higher than the average property price on Bearing Way
  • 9.4% higher than the average in the IG7 4NB postcode area
  • and 0.7% higher than the average price for Chigwell as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (4 out of 4 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 April 2014, the property was recorded as owner-occupied.

View sold house prices in IG7 4NB

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
850 sq ft
Tenure
Freehold
Price (estimate)
£445,049
Price Per sq ft (estimate)
£523
Bedroom Count (estimate)
2 bedrooms

EPC Summary

41 Bearing Way, Chigwell, Redbridge, Greater London Authority, IG7 4NB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 3 Apr 2014.

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.

The previous EPC assessment was conducted on 11 Sep 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 15.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50mm loft insulation to pitched, 50 mm loft insulation, with no change in energy efficiency (poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to system built, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 50 mm loft insulation
Poor
Walls
System built, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to IG7 4NB

5 th / 14
Price Rank
9% higher than average
7 th / 12
Size Rank
3% smaller than average
3 rd / 12
Price Per Sq FT Rank
13% higher than average

Compared to other properties in IG7 4NB , this house's estimated value ranks 5th out of 14. Based on price per square foot, it ranks 3rd out of 12 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 7th out of 12 properties in its postcode area.

Sale History

Today
£445,049
streetscan.co.uk estimate
+109 %
9 Jul 2010
£213,000
Leasehold
+49.5 %
6 Sep 2002
£142,500
Leasehold
+115.9 %
5 Dec 1997
£66,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 786 sq ft
sale price: £403,000
sale date: 30 Apr 2024
rooms: 4
size: 797 sq ft
sale price: £180,000
sale date: 5 Jan 2007
rooms: 3
size: 840 sq ft
sale price: £327,000
sale date: 28 Sep 2020
rooms: 3
size: 904 sq ft
sale price: £230,000
sale date: 4 Sep 2013

Data Sources

The property at 41 Bearing Way, Chigwell, IG7 4NB appears three times in the Land Registry records, with the latest transaction recorded on 9 Jul 2010. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Apr 2014. 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.