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By comparing it to neighbours, we estimate that it is a modern house with 1,090 ft2 of internal area and sits on a 1,106 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Smithfields, Bures is £542,281 and the estimated rental value is £1,624 per month.
The Croft, Bures, CO8 is located in the borough of Babergh within the CO8 postal district.
Smithfields, Bures has a single entry in the Land Registry from October 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Smithfields, Bures is in very good condition we estimate a sale value of £569,395 and a rental value of £1,706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £504,321 and a rental value of £1,511 per month.
Over the last 12 months the sale value of Smithfields Bures has decreased by an estimated £9,389 (1.7%) and its rental value has increased by an estimated £33 per month (2.0%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, Smithfields, Bures sits on a plot of 1106m2.
We have plot size data on 17 out of 22 other houses in the postcode and Smithfields, Bures sits on the 3rd largest plot.
According to HM Land Registry, Smithfields, Bures was last sold on 4th October 2013 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2013, the market for similar properties has risen 85.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Smithfields, Bures within a radius of 4.8 kilometres over the last 2 years.
The most recent example is 46, Colchester Road, Bures, CO8 5AE, a freehold house which sold for £492,000 on the 29th November 2024.
Read more about house prices in CO8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Croft, Bures, CO8 has a total of 35 addresses. According to our analysis of all the public data, Smithfields, Bures is the 17th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in CO8.
The closest station to Smithfields, Bures is Bures station which is 600 metres away.
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.
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 Smithfields, Bures, 51.6% of property is privately owned outright and 27.1% 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 Smithfields, Bures, 10.6% of residents are recorded as possessing school level qualifications and 41.3% 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 Smithfields, Bures, 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 Smithfields, Bures, 0.3% 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 Smithfields, Bures, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.