Flat 2, Bures House
Flat 2, Bures House
Description & Estimates
Public records show Flat 2, Bures House, Bures to be a period leasehold apartment with 734 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, Bures House, Bures has an estimated sale value of £193,918 and an estimated rental value of £927 per month, assuming reasonable condition and based on the information available.
The apartment sits within Bures House, Nayland Road, Bures, CO8.
Nayland Road, Bures, CO8 lies in the borough of Babergh, within the CO8 postal district.
Our Data Sources
Flat 2, Bures House, Bures has 31 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated February 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, Bures House, Bures would be worth £203,614, with a potential rental value of £973 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £180,344, with a rental value of £862 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, Bures House, Bures has decreased by £1,426 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (3.5%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
Flat 2, Bures House, Bures has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Feb 2011.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 2, Bures House, Bures last changed hands on 24th May 2021, selling for £205,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 6.9% since May 2021.
- Sold May 2021£205,000
- Sold Sep 2011£125,000
- Sold Feb 1999£50,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 4.9 kilometres of Flat 2, Bures House, Bures across the last 2 years.
Most recently, Flat 4, Bures House, Nayland Road, Bures, CO8 5BX, a leasehold flat, sold at £153,250 on the 31st July 2015.
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
Our analysis of the public data ranks Flat 2, Bures House, Bures as the 40th largest and the 51st most expensive of the 53 addresses on Nayland Road, Bures, CO8.
Against the CO8 postcode district average, it is £250k less expensive than the typical property.
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Schools Nearby
- 100mBures Church of England Voluntary Controlled Primary School
- 5.4kmSt John the Baptist Church of England Voluntary Aided Primary School Pebmarsh
- 5.7kmChappel CofE Controlled Primary School
- 6.3kmThomas Gainsborough School
- 9.0kmOrmiston Sudbury Academy
- 9.4kmThe Ramsey Academy, Halstead
More reading links
Public Transport Nearby
Bures station is the nearest stop to Flat 2, Bures House, Bures at 600 metres away.
- 600mBures
- 5.2kmChappel & Wakes Colne
- 7.9kmSudbury (Suffolk)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
