According to the public record, 16, Luther Street, Brighton is a period freehold house with 610 ft2 of internal area and sits on a 53.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Luther Street, Brighton, BN2 is located within the BN2 postal district.
16, Luther Street, Brighton has 21 entries in the Land Registry database, most recently in April 2010 and a single entry in the EPC database dated January 2010.
We combine this information with that 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 16 Luther Street Brighton as £415,025 and the rental value as £1,852 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 16 Luther Street Brighton has increased by £8,950 (2.2%) and its rental value has increased by £170 per month (9.2%).
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 16, Luther Street, Brighton is in very good condition we estimate a sale value of £435,776 and rental value of £1,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,973 and a rental value of £1,723 per month.
If you were able to purchase this property for the estimated value of £415,025, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,040 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, 16, Luther Street, Brighton sits on a plot of 54m2.
We have plot size data on 31 out of 45 other houses in the postcode and 16, Luther Street, Brighton sits on the 19th largest plot.
According to HM Land Registry, 16, Luther Street, Brighton was last sold on 16 Apr 2010 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2010, the market for similar properties has risen 73.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Luther Street, Brighton within a radius of 290 metres over the last 2 years.
The most recent example is 7, Luther Street, Brighton, BN2 9XA, a Freehold house which sold for £435,000 in Feb 2023.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luther Street, Brighton, BN2 has a total of 47 addresses. According to our analysis of all the public data, 16, Luther Street, Brighton is the 40th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in BN2.
16, Luther Street, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jan 2010.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 16, Luther Street, Brighton is London Road (Brighton) station which is 1.1 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 16, Luther Street, Brighton, 43.5% of property is privately owned with a mortgage and 31.9% is privately rented.
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 16, Luther Street, Brighton, 28.1% of residents are recorded as possessing school level qualifications and 61.7% 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 16, Luther Street, Brighton, the average age was 34.2 and the most common age was 22.
The graph below shows how this compares to South East 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 16, Luther Street, Brighton, 1.2% of property was a second home.
Comparison figures for South East 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 16, Luther Street, Brighton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.