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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Hobbs Well, Bures is a period house with 2,314 ft2 of internal area and sits on a 2,859 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 Hobbs Well, Bures is £727,617 and the estimated rental value is £2,150 per month.
Mount Bures, Bures, CO8 is located in the borough of Braintree within the CO8 postal district.
Hobbs Well, Bures has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
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 Hobbs Well, Bures is in very good condition we estimate a sale value of £763,998 and a rental value of £2,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £676,684 and a rental value of £2,000 per month.
Over the last 12 months the sale value of Hobbs Well Bures has decreased by an estimated £9,281 (1.3%) and its rental value has increased by an estimated £50 per month (2.3%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, Hobbs Well, Bures sits on a plot of 2859m2.
We have plot size data on 6 out of 8 other houses in the postcode and Hobbs Well, Bures sits on the 3rd largest plot.
Hobbs Well, Bures has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Aug 2019.
The property is not connected to mains gas and has partial double glazing. 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 Hobbs Well, Bures within a radius of 4.7 kilometres over the last 2 years.
The most recent example is Hammel Lodge, Bures, CO8 5AJ, a freehold house which sold for £660,000 on the 9th March 2021.
Read more about house prices in CO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mount Bures, Bures, CO8 has a total of 41 addresses. According to our analysis of all the public data, Hobbs Well, Bures is the 18th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £287k more expensive than the average property in CO8.
The closest station to Hobbs Well, Bures is Bures station which is 1.6 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 Hobbs Well, Bures, 46.0% of property is privately owned outright and 25.0% 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 Hobbs Well, Bures, 17.0% of residents are recorded as possessing school level qualifications and 29.3% 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 Hobbs Well, 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 Hobbs Well, Bures, 0.8% 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 Hobbs Well, Bures, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
