According to the public record, 62, Stanmer Park Road, Brighton is a period leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Stanmer Park Road, Brighton, BN1 is located within the BN1 postal district.
62, Stanmer Park Road, Brighton has 2 entries in the Land Registry database, most recently in May 2012 and a single entry in the EPC database dated December 2013.
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 62 Stanmer Park Road Brighton as £294,658 and the rental value as £1,616 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 62 Stanmer Park Road Brighton has increased by £9,282 (3.1%) and its rental value has increased by £165 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 62, Stanmer Park Road, Brighton is in very good condition we estimate a sale value of £309,391 and rental value of £1,697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,032 and a rental value of £1,503 per month.
If you were able to purchase this property for the estimated value of £294,658, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,448 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, 62, Stanmer Park Road, Brighton was last sold on 14 May 2012 for £225,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2012, the market for similar properties has risen 61.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Stanmer Park Road, Brighton within a radius of 380 metres over the last 2 years.
The most recent example is 42, Stanmer Park Road, Brighton, BN1 7JJ, a Leasehold flat which sold for £255,000 in Dec 2021.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanmer Park Road, Brighton, BN1 has a total of 157 addresses. According to our analysis of all the public data, 62, Stanmer Park Road, Brighton is the 87th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in BN1.
62, Stanmer Park Road, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2013.
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 62, Stanmer Park Road, Brighton is London Road (Brighton) 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 62, Stanmer Park Road, Brighton, 39.8% of property is privately owned with a mortgage and 34.5% 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 62, Stanmer Park Road, Brighton, 32.7% of residents are recorded as possessing school level qualifications and 47.2% 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 62, Stanmer Park 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 62, Stanmer Park Road, Brighton, 1.4% 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 62, Stanmer Park 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.