According to the public record, 5, Mill Rise, Brighton is a mid-century house with 979 ft2 of internal area and sits on a 498 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Rise, Brighton, BN1 is located within the BN1 postal district.
5, Mill Rise, Brighton has no records in the Land Registry database and a single entry in the EPC database dated November 2023.
We combine this information with public data 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 5 Mill Rise Brighton as £558,703 and the rental value as £2,288 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5 Mill Rise Brighton has increased by £10,306 (1.8%) and its rental value has increased by £210 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 5, Mill Rise, Brighton is in very good condition we estimate a sale value of £586,638 and rental value of £2,402 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,593 and a rental value of £2,127 per month.
If you were able to purchase this property for the estimated value of £558,703, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,746 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, 5, Mill Rise, Brighton sits on a plot of 498m2.
We have plot size data on 18 out of 30 other houses in the postcode and 5, Mill Rise, Brighton sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mill Rise, Brighton within a radius of 960 metres over the last 2 years.
The most recent example is 25, Mill Rise, Brighton, BN1 5GD, a Freehold house which sold for £600,000 in May 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Rise, Brighton, BN1 has a total of 102 addresses. According to our analysis of all the public data, 5, Mill Rise, Brighton is the 56th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in BN1.
5, Mill Rise, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Nov 2023.
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 5, Mill Rise, Brighton is Preston Park station which is 1.8 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 5, Mill Rise, Brighton, 55.7% of property is privately owned with a mortgage and 38.3% is privately owned outright.
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 5, Mill Rise, Brighton, 20.8% of residents are recorded as possessing school level qualifications and 47.5% 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 5, Mill Rise, Brighton, the average age was 44 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 5, Mill Rise, 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 5, Mill Rise, Brighton, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.