Hillcrest House, Bures
Hillcrest House, Bures
Description & Estimates
Hillcrest House, Bures is recorded publicly as a period freehold house across 1,539 ft2 of internal area, sitting on a 992 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Hillcrest House, Bures is £612,318 and its rental estimate is £1,754 per month, given the available information and assuming reasonable condition.
Mount Bures Green, Mount Bures, Bures, CO8 falls within the CO8 postal district, in the borough of Colchester.
Our Data Sources
Hillcrest House, Bures has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated June 2016.
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.
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 Hillcrest House, Bures, we estimate a market value of £642,934 and a rental value of £1,842 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £569,455 and £1,631 per month respectively.
Recent Market Change
Over the last year, Hillcrest House, Bures has seen its estimated sale value decrease by £11,074 (1.8%) and its estimated rental value grow by £40 per month (2.3%). This results in an estimated gross rental yield of 3.4%.
Plot Size
HM Land Registry records the plot of land for Hillcrest House, Bures as measuring 992 m2.
That makes it the largest plot in the postcode, where 1 of the 5 other houses have recorded plot data.
Energy Efficiency
Hillcrest House, Bures has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Jun 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Hillcrest House, Bures completed on 1st June 2018 at £525,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 9.4% over the period since June 2018.
- Sold Jun 2018£525,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Hillcrest House, Bures have sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th January 2024, was Rose Cottage, Colchester Road, Bures, CO8 5BH, a freehold house which sold for £795,000.
Read more about house prices in CO8.
- Sold Jan 2024£795,000 | 4 Bed HouseRose Cottage, Colchester Road, Bures, CO8 5BHRose Cottage, Colchester Road, Bures, CO8 5BH
- Sold Nov 2021£575,000 | 4 Bed HouseCatchlands, Mount Bures Green, Bures, CO8 5AUCatchlands, Mount Bures Green, Bures, CO8 5AU
- Sold Sep 2018£200,000 | 4 Bed HouseJasmine, Inworth Lane, Colchester, CO6 2BGJasmine, Inworth Lane, Colchester, CO6 2BG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on Mount Bures Green, Mount Bures, Bures, CO8, Hillcrest House, Bures comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £169k more expensive than the average property across the CO8 district.
More reading links
Schools Nearby
- 2.3kmBures Church of England Voluntary Controlled Primary School
- 3.4kmChappel CofE Controlled Primary School
- 4.4kmFordham All Saints CofE Voluntary Controlled Primary School
- 8.4kmThomas Gainsborough School
- 8.5kmThe Ramsey Academy, Halstead
- 8.9kmThe Stanway School
More reading links
Public Transport Nearby
From Hillcrest House, Bures, the nearest station is Bures, 2.3 kilometres away.
- 2.3kmBures
- 2.8kmChappel & Wakes Colne
- 7.8kmMarks Tey
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
