Flat 4, Bures House
Flat 4, Bures House
Description & Estimates
Flat 4, Bures House, Bures is recorded publicly as a period leasehold apartment across 807 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, Bures House, Bures is £202,744 and its rental estimate is £960 per month, given the available information and assuming reasonable condition.
Bures House, Nayland Road is a residential building on Nayland Road, Bures, CO8 and falls within the CO8 postal district and the borough of Babergh.
Our Data Sources
Flat 4, Bures House, Bures has 51 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated March 2015.
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
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 Flat 4, Bures House, Bures, we estimate a market value of £212,882 and a rental value of £1,008 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £188,552 and £893 per month respectively.
Recent Market Change
Over the last year, Flat 4, Bures House, Bures has seen its estimated sale value fall by £1,490 (0.7%) and its estimated rental value move up by £34 per month (3.5%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 4, Bures House, Bures has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Mar 2015.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 4, Bures House, Bures completed on 31st July 2015 at £153,250 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 7.4% over the period since July 2015.
- Sold Jul 2015£153,250
- Sold Dec 2005£125,000
- Sold Sep 2003£122,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, Bures House, Bures have sold within a radius of 4.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2021, was Flat 2, Bures House, Nayland Road, Bures, CO8 5BX, a leasehold flat which sold for £205,000.
Read more about house prices in CO8.
- Sold May 2021£205,000 | 2 Bed FlatBures House, Nayland RoadFlat 2, Bures House, Nayland Road, Bures, CO8 5BX
- Sold Jan 2014£145,000 | 2 Bed FlatBures House, Nayland RoadFlat 6, Bures House, Nayland Road, Bures, CO8 5BX
- Sold Mar 2013£136,500 | 2 Bed FlatBures House, Nayland RoadFlat 5, Bures House, Nayland Road, Bures, CO8 5BX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 53 addresses on Nayland Road, Bures, CO8, Flat 4, Bures House, Bures comes out as the 36th largest and the 49th most expensive in our analysis of the public data.
It is also £241k less expensive than the average property across the CO8 district.
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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
From Flat 4, Bures House, Bures, the nearest station is Bures, 600 metres away.
- 600mBures
- 5.2kmChappel & Wakes Colne
- 7.9kmSudbury (Suffolk)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
