Old Tannery, Bures
Old Tannery, Bures
Description & Estimates
According to the public record, Old Tannery, Bures is a period freehold house with 3,379 ft2 of internal area and sits on a 1,797 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 Old Tannery, Bures is £868,116 and the estimated rental value is £2,608 per month.
High Street, Bures, CO8 is located in the borough of Babergh within the CO8 postal district.
Our Data Sources
Old Tannery, Bures has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated November 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
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 Old Tannery, Bures is in very good condition we estimate a sale value of £911,522 and a rental value of £2,738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £807,348 and a rental value of £2,425 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Old Tannery, Bures has dropped by £17,849 (2.1%), while its estimated rental value has risen by £59 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 3.6%.
Plot Size
According to data from HM Land Registry, Old Tannery, Bures sits on a plot of 1,797 m2.
We have plot size data on 13 out of 16 other houses in the postcode and Old Tannery, Bures sits on the 2nd largest plot.
Energy Efficiency
Old Tannery, Bures has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 24 Nov 2016.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Old Tannery, Bures was last sold on 26th January 2018 for £735,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2018, the market for similar properties has risen by 18.5%.
- Sold Jan 2018£735,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Tannery, Bures within a radius of 4.9 kilometres over the last 2 years.
The most recent example is Butlers Farm, Colne Road, Bures, CO8 5DN, a freehold house which sold for £1,400,000 on the 29th June 2022.
Read more about house prices in CO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
High Street, Bures, CO8 has a total of 32 addresses. According to our analysis of all the public data, Old Tannery, Bures is the largest and the most expensive property on the street.
When compared to the postcode district it is £424k more expensive than the average property in CO8.
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Schools Nearby
- 300mBures Church of England Voluntary Controlled Primary School
- 5.2kmSt John the Baptist Church of England Voluntary Aided Primary School Pebmarsh
- 5.9kmChappel CofE Controlled Primary School
- 6.0kmThomas Gainsborough School
- 8.7kmOrmiston Sudbury Academy
- 9.3kmThe Ramsey Academy, Halstead
More reading links
Public Transport Nearby
The closest station to Old Tannery, Bures is Bures station, which is 500 metres away.
- 500mBures
- 5.3kmChappel & Wakes Colne
- 7.5kmSudbury (Suffolk)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
