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According to the public record, 7, Parsonage Grove, Bures is a modern freehold house with 1,377 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Parsonage Grove, Bures is £526,739 and the estimated rental value is £1,746 per month.
Parsonage Grove, Bures, CO8 is located in the borough of Braintree within the CO8 postal district.
7, Parsonage Grove, Bures has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated April 2018.
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 7, Parsonage Grove, Bures is in very good condition we estimate a sale value of £553,075 and a rental value of £1,834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,867 and a rental value of £1,624 per month.
Over the last 12 months the sale value of 7 Parsonage Grove Bures has decreased by an estimated £5,021 (1.0%) and its rental value has increased by an estimated £39 per month (2.2%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 7, Parsonage Grove, Bures sits on a plot of 383m2.
We have plot size data on 8 out of 8 other houses in the postcode and 7, Parsonage Grove, Bures sits on the 8th largest plot.
7, Parsonage Grove, Bures has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Parsonage Grove, Bures was last sold on 25th October 2018 for £450,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2018, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Parsonage Grove, Bures within a radius of 5.1 kilometres over the last 2 years.
The most recent example is 20A, The Paddocks, Bures, CO8 5DF, a freehold house which sold for £630,000 on the 30th March 2023.
Read more about house prices in CO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsonage Grove, Bures, CO8 has a total of 8 addresses. According to our analysis of all the public data, 7, Parsonage Grove, Bures is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in CO8.
The closest station to 7, Parsonage Grove, Bures is Bures station which is 100 metres away.
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 7, Parsonage Grove, Bures, 49.4% of property is privately owned outright and 38.6% 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 7, Parsonage Grove, Bures, 16.2% of residents are recorded as possessing school level qualifications and 40.4% 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 7, Parsonage Grove, 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 7, Parsonage Grove, Bures, 0.5% 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 7, Parsonage Grove, Bures, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
