According to the public record, Oak Tree Cottage, Bures is a period house with 2,238 ft2 of internal area and sits on a 8,620 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Sudbury Road, Bures, CO8 is located in the borough of Babergh within the CO8 postal district.
Oak Tree Cottage, Bures has no records in the Land Registry database and 2 entries in the EPC database, most recently in October 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Oak Tree Cottage Bures as £1,001,144 and the rental value as £2,464 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Oak Tree Cottage Bures has decreased by £25,540 (2.6%) and its rental value has increased by £72 per month (2.9%).
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 Oak Tree Cottage, Bures is in very good condition we estimate a sale value of £1,051,201 and rental value of £2,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £931,064 and a rental value of £2,291 per month.
If you were able to purchase this property for the estimated value of £1,001,144, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,920 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Oak Tree Cottage, Bures sits on a plot of 8620m2.
We have plot size data on 6 out of 9 other houses in the postcode and Oak Tree Cottage, Bures sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oak Tree Cottage, Bures within a radius of 1.4km over the last 2 years.
The most recent example is Hartpiece, Bures Road, Bures, CO8 5EP, a Freehold house which sold for £765,000 in Jul 2018.
Read more about house prices in CO8.
Sudbury Road, Bures, CO8 has a total of 41 addresses. According to our analysis of all the public data, Oak Tree Cottage, Bures is the 16th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £564k more expensive than the average property in CO8.
Oak Tree Cottage, Bures has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Oak Tree Cottage, Bures is Bures station which is 2.5 km 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 Oak Tree Cottage, Bures, 50.5% of property is privately owned outright and 29.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 Oak Tree Cottage, Bures, 12.4% of residents are recorded as possessing school level qualifications and 43.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Oak Tree Cottage, 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 Oak Tree Cottage, Bures, 2.0% 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 Oak Tree Cottage, Bures, there are an average of 2.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.