According to the public record, 53, Balfour Road, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 672 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Balfour Road, Brighton, BN1 is located within the BN1 postal district.
53, Balfour Road, Brighton has a single entry in the Land Registry database from May 2007 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 53 Balfour Road Brighton as £344,779 and the rental value as £1,688 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 53 Balfour Road Brighton has increased by £10,838 (3.1%) and its rental value has increased by £172 per month (10.2%).
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 53, Balfour Road, Brighton is in very good condition we estimate a sale value of £362,018 and rental value of £1,772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,644 and a rental value of £1,570 per month.
If you were able to purchase this property for the estimated value of £344,779, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,694 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, 53, Balfour Road, Brighton was last sold on 17 May 2007 for £212,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 56.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Balfour Road, Brighton within a radius of 420 metres over the last 2 years.
The most recent example is 30, Loder Road, Brighton, BN1 6PJ, a Leasehold flat which sold for £300,000 in May 2024.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balfour Road, Brighton, BN1 has a total of 159 addresses. According to our analysis of all the public data, 53, Balfour Road, Brighton is the 138th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in BN1.
The closest station to 53, Balfour Road, Brighton is Preston Park station which is 1.0 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 53, Balfour Road, Brighton, 44.4% of property is privately owned with a mortgage and 35.4% 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 53, Balfour Road, Brighton, 25.4% of residents are recorded as possessing school level qualifications and 64.5% 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 53, Balfour Road, Brighton, the average age was 37.2 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 53, Balfour Road, Brighton, 1.1% 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 53, Balfour Road, Brighton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.