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Company No. 11113204
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According to the public record, 46, Colchester Road, Bures is a mid-century freehold house with 1,173 ft2 of internal area and sits on a 671 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 46, Colchester Road, Bures is £491,371 and the estimated rental value is £1,589 per month.
Colchester Road, Bures, CO8 is located in the borough of Braintree within the CO8 postal district.
46, Colchester Road, Bures has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that 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.
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 46, Colchester Road, Bures is in very good condition we estimate a sale value of £515,940 and a rental value of £1,668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,975 and a rental value of £1,477 per month.
Over the last 12 months the sale value of 46 Colchester Road Bures has decreased by an estimated £8,507 (1.7%) and its rental value has increased by an estimated £32 per month (2.0%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 46, Colchester Road, Bures sits on a plot of 671m2.
We have plot size data on 31 out of 37 other houses in the postcode and 46, Colchester Road, Bures sits on the 11th largest plot.
46, Colchester Road, Bures has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 46, Colchester Road, Bures was last sold on 29th November 2024 for £492,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Colchester Road, Bures within a radius of 5.1 kilometres over the last 2 years.
The most recent example is 5, Hamlet Court, Bures, CO8 5BD, a freehold house which sold for £505,000 on the 12th October 2023.
Read more about house prices in CO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colchester Road, Bures, CO8 has a total of 39 addresses. According to our analysis of all the public data, 46, Colchester Road, Bures is the 16th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in CO8.
The closest station to 46, Colchester Road, Bures is Bures station which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 46, Colchester Road, Bures, 52.9% of property is privately owned outright and 32.7% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 46, Colchester Road, Bures, 16.5% of residents are recorded as possessing school level qualifications and 38.5% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 46, Colchester Road, Bures, the average age was 48.1 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 46, Colchester Road, Bures, 1.9% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 46, Colchester Road, Bures, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
