According to the public record, 289, Elm Grove, Brighton is a mid-century leasehold apartment with 464 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 289, Elm Grove, Brighton, BN2.
Elm Grove, Brighton, BN2 is located within the BN2 postal district.
289, Elm Grove, Brighton has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated April 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 289 Elm Grove Brighton as £228,784 and the rental value as £1,294 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 289 Elm Grove Brighton has increased by £5,303 (2.3%) and its rental value has increased by £120 per month (9.3%).
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 289, Elm Grove, Brighton is in very good condition we estimate a sale value of £240,224 and rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,770 and a rental value of £1,203 per month.
If you were able to purchase this property for the estimated value of £228,784, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,124 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, 289, Elm Grove, Brighton was last sold on 30 Nov 2011 for £90,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 62.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 289, Elm Grove, Brighton within a radius of 590 metres over the last 2 years.
The most recent example is 63, May Road, Brighton, BN2 3ED, a Leasehold flat which sold for £265,000 in Nov 2022.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Grove, Brighton, BN2 has a total of 325 addresses. According to our analysis of all the public data, 289, Elm Grove, Brighton is the 258th largest and the 299th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in BN2.
289, Elm Grove, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Apr 2010.
The property is connected to mains gas and has partial double glazing. It is heated using room heaters.
The closest station to 289, Elm Grove, Brighton is London Road (Brighton) station which is 1.6 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 289, Elm Grove, Brighton, 33.6% of property is socially rented and 22.4% 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 289, Elm Grove, Brighton, 29.0% of residents are recorded as possessing school level qualifications and 36.5% 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 289, Elm Grove, Brighton, the average age was 38 and the most common age was 52.
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 289, Elm Grove, Brighton, 0.0% 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 289, Elm Grove, Brighton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.