According to the public record, 23, Luther Street, Brighton is a period freehold house with 656 ft2 of internal area and sits on a 49.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Luther Street, Brighton, BN2 is located within the BN2 postal district.
23, Luther Street, Brighton has 21 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated May 2018.
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 23 Luther Street Brighton as £442,124 and the rental value as £2,000 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 23 Luther Street Brighton has increased by £9,709 (2.2%) and its rental value has increased by £184 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 23, Luther Street, Brighton is in very good condition we estimate a sale value of £464,230 and rental value of £2,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,175 and a rental value of £1,860 per month.
If you were able to purchase this property for the estimated value of £442,124, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,173 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, 23, Luther Street, Brighton sits on a plot of 50m2.
We have plot size data on 31 out of 45 other houses in the postcode and 23, Luther Street, Brighton sits on the 27th largest plot.
According to HM Land Registry, 23, Luther Street, Brighton was last sold on 17 Aug 2018 for £375,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 19.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, 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, 23, Luther Street, Brighton is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in BN2.
23, Luther Street, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 23, 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 23, 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 23, 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 23, 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 23, 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 23, 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.