According to the public record, 24, Grantham Road, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 706 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 24, Grantham Road, Brighton, BN1.
Grantham Road, Brighton, BN1 is located within the BN1 postal district.
24, Grantham Road, Brighton has a single entry in the Land Registry database from April 2022 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 24 Grantham Road Brighton as £339,750 and the rental value as £1,619 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 24 Grantham Road Brighton has increased by £11,421 (3.4%) and its rental value has increased by £169 per month (10.4%).
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 24, Grantham Road, Brighton is in very good condition we estimate a sale value of £356,737 and rental value of £1,700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,967 and a rental value of £1,506 per month.
If you were able to purchase this property for the estimated value of £339,750, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,670 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 HM Land Registry, 24, Grantham Road, Brighton was last sold on 06 Apr 2022 for £355,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Grantham Road, Brighton within a radius of 370 metres over the last 2 years.
The most recent example is Flat 1, 75, Springfield Road, Brighton, BN1 6DF, a Leasehold flat which sold for £338,000 in Dec 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grantham Road, Brighton, BN1 has a total of 89 addresses. According to our analysis of all the public data, 24, Grantham Road, Brighton is the 46th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in BN1.
The closest station to 24, Grantham Road, Brighton is London Road (Brighton) station which is 300 metres 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 24, Grantham Road, Brighton, 41.2% of property is privately rented and 38.8% 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 24, Grantham Road, Brighton, 14.0% of residents are recorded as possessing school level qualifications and 63.4% 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 24, Grantham Road, Brighton, the average age was 37.9 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 24, Grantham Road, Brighton, 1.8% 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 24, Grantham Road, Brighton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.