2 Prospect Cottages, Bures
2 Prospect Cottages, Bures
Description & Estimates
2 Prospect Cottages, Bures is described in the public record as a period house with 527 ft2 of internal area, sitting on a 474 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2 Prospect Cottages, Bures is £344,453 and its rental estimate is £1,118 per month, given the available information and assuming reasonable condition.
Moat Lane, Alphamstone, Bures, CO8 falls within the CO8 postal district, in the borough of Braintree.
Our Data Sources
2 Prospect Cottages, Bures has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2019.
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 2 Prospect Cottages, Bures, we estimate a market value of £361,675 and a rental value of £1,174 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £320,341 and £1,039 per month respectively.
Recent Market Change
Over the last year, 2 Prospect Cottages, Bures has seen its estimated sale value drop by £7,717 (2.2%) and its estimated rental value rise by £20 per month (1.8%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 2 Prospect Cottages, Bures as measuring 474 m2.
That makes it the 4th largest plot in the postcode, where 5 of the 9 other houses have recorded plot data.
Energy Efficiency
2 Prospect Cottages, Bures has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Apr 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
Sold Prices
The most recent sale of 2 Prospect Cottages, Bures completed on 24th March 1995 at £54,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Mar 1995£54,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 2 Prospect Cottages, Bures has sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2010, was Byron House, St. Edmunds Lane, Bures, CO8 5JJ, a freehold house which sold for £220,000.
Read more about house prices in CO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Moat Lane, Alphamstone, Bures, CO8, 2 Prospect Cottages, Bures comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the CO8 district.
More reading links
Schools Nearby
- 3.1kmSt John the Baptist Church of England Voluntary Aided Primary School Pebmarsh
- 3.4kmBures Church of England Voluntary Controlled Primary School
- 4.5kmWells Hall Primary School
- 4.4kmThomas Gainsborough School
- 6.7kmOrmiston Sudbury Academy
- 7.6kmThe Ramsey Academy, Halstead
More reading links
Public Transport Nearby
From 2 Prospect Cottages, Bures, the nearest station is Bures, 2.9 kilometres away.
- 2.9kmBures
- 5.5kmSudbury (Suffolk)
- 7.0kmChappel & Wakes Colne
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
