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According to the public record, Highfields Farm is a modern house with 2,777 ft2 of internal area and sits on a 12,114 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Highfields Farm is £1,155,284 and the estimated rental value is £3,104 per month.
Bures, CO8 is located in the borough of Babergh within the CO8 postal district.
Highfields Farm has no records in the the Land Registry and a single entry in the EPC database dated October 2023.
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.
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 Highfields Farm is in very good condition we estimate a sale value of £1,213,048 and a rental value of £3,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,074,414 and a rental value of £2,887 per month.
Over the last 12 months the sale value of Highfields Farm has decreased by an estimated £14,736 (1.3%) and its rental value has increased by an estimated £71 per month (2.3%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, Highfields Farm sits on a plot of 12114m2.
We have plot size data on 2 out of 9 other houses in the postcode and Highfields Farm sits on the largest plot.
Highfields Farm has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Oct 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Highfields Farm within a radius of 3.6 kilometres over the last 2 years.
The most recent example is Greens Farm, High Road, Colchester, CO6 4PG, a freehold house which sold for £1,075,000 on the 20th August 2024.
Read more about house prices in CO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bures, CO8 has a total of 14 addresses. According to our analysis of all the public data, Highfields Farm is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £714k more expensive than the average property in CO8.
The closest station to Highfields Farm is Bures station which is 3.0 kilometres 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 Highfields Farm, 50.5% of property is privately owned outright and 29.9% 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 Highfields Farm, 12.4% of residents are recorded as possessing school level qualifications and 43.5% 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 Highfields Farm, the average age was 46.3 and the most common age was 72.
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 Highfields Farm, 2.0% 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 Highfields Farm, there are an average of 2.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.