According to the public record, 55, Balfour Road, Brighton is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Balfour Road, Brighton, BN1 is located within the BN1 postal district.
55, Balfour Road, Brighton has 41 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated August 2016.
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 55 Balfour Road Brighton as £347,476 and the rental value as £1,700 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 55 Balfour Road Brighton has increased by £10,923 (3.1%) and its rental value has increased by £173 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 55, Balfour Road, Brighton is in very good condition we estimate a sale value of £364,850 and rental value of £1,785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,152 and a rental value of £1,581 per month.
If you were able to purchase this property for the estimated value of £347,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,708 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, 55, Balfour Road, Brighton was last sold on 26 Jan 2017 for £318,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2017, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, 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, 55, Balfour Road, Brighton is the 137th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in BN1.
55, Balfour Road, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Aug 2016.
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 55, 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 55, 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 55, 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 55, 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 55, 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 55, 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.