October Cottage Bures Road

    OCTOBER COTTAGE, BURES ROAD, LAMARSH, BURES, CO8 5ER

    This detached freehold property on Bures Road last sold in March 2016 for £580,000. Based on price growth in the CO8 district since then, its estimated current value is £795,945 — placing it in the 93rd percentile nationally and the 87th percentile within CO8. The property covers 166 m² (1,787 sq ft), giving an estimated value of £4,795 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,787 sq ft

    166 m²

    Last Sale Price

    £580,000

    Mar 2016

    Estimated Valuation

    £795,945

    Est. £/sq ft

    £445/sq ft

    £4,795/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,787 sq ft (166 m²)
    EPC dateSept 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2016

    £580,000

    Key Metrics

    Estimated valuation£795,945
    Value per sq ft / m²£445/sq ft (£4,795/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CO8 district percentile87th percentile
    National percentile93rd percentile

    District Context — CO8

    CO8 covers the Colchester area and its surrounding villages in north Essex. It is a long-established residential and commuter area with a mix of urban and rural character.

    Average Property Price - CO8

    £495,679

    80

    National percentile

    Average Net Household Income - CO8

    £43,050

    70

    National percentile

    10-Year Annualised Price Growth - CO8

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - CO

    4.8%

    93

    National percentile

    View full analysis for CO8

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