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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 Hill Rise, Bures is £1,197,811 and the estimated rental value is £3,342 per month.
Bures Road, Lamarsh, Bures, CO8 is located in the borough of Braintree within the CO8 postal district.
Hill Rise, Bures has 31 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated August 2021.
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 Hill Rise, Bures is in very good condition we estimate a sale value of £1,257,702 and a rental value of £3,510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,113,964 and a rental value of £3,109 per month.
Over the last 12 months the sale value of Hill Rise Bures has decreased by an estimated £24,627 (2.1%) and its rental value has increased by an estimated £76 per month (2.3%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, Hill Rise, Bures sits on a plot of 1984m2.
We have plot size data on 13 out of 13 other houses in the postcode and Hill Rise, Bures sits on the 8th largest plot.
Hill Rise, Bures has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2021.
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, Hill Rise, Bures was last sold on 2nd November 2021 for £1,175,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2021, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hill Rise, Bures within a radius of 4.4 kilometres over the last 2 years.
The most recent example is Cuckoo House, Cuckoo Hill, Bures, CO8 5LD, a freehold house which sold for £1,200,000 on the 19th May 2023.
Read more about house prices in CO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bures Road, Lamarsh, Bures, CO8 has a total of 19 addresses. According to our analysis of all the public data, Hill Rise, Bures is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £754k more expensive than the average property in CO8.
The closest station to Hill Rise, Bures is Bures station which is 1.9 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Hill Rise, Bures, 48.8% of property is privately owned outright and 34.5% 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 Hill Rise, Bures, 16.9% of residents are recorded as possessing school level qualifications and 35.6% 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 Hill Rise, 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 Hill Rise, Bures, 2.1% 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 Hill Rise, Bures, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.