According to the public record, 156A, Springfield Road, Brighton is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 156, Springfield Road, Brighton, BN1.
Springfield Road, Brighton, BN1 is located within the BN1 postal district.
156A, Springfield Road, Brighton has 41 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated April 2012.
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 156A Springfield Road Brighton as £387,935 and the rental value as £1,648 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 156A Springfield Road Brighton has increased by £11,714 (3.0%) and its rental value has increased by £166 per month (10.1%).
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 156A, Springfield Road, Brighton is in very good condition we estimate a sale value of £407,332 and rental value of £1,730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,780 and a rental value of £1,532 per month.
If you were able to purchase this property for the estimated value of £387,935, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,907 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, 156A, Springfield Road, Brighton was last sold on 09 Mar 2017 for £262,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2017, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 156A, Springfield Road, Brighton within a radius of 330 metres over the last 2 years.
The most recent example is 120A, Ditchling Rise, Brighton, BN1 4QR, a Leasehold flat which sold for £305,000 in Feb 2024.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Brighton, BN1 has a total of 519 addresses. According to our analysis of all the public data, 156A, Springfield Road, Brighton is the 283rd largest and the 87th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in BN1.
156A, Springfield Road, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2012.
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 156A, Springfield Road, Brighton is London Road (Brighton) station which is 100 metres 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 156A, Springfield Road, Brighton, 47.6% of property is privately rented and 31.9% is privately owned with a mortgage.
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 156A, Springfield Road, Brighton, 22.6% of residents are recorded as possessing school level qualifications and 60.4% 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 156A, Springfield Road, Brighton, the average age was 37.9 and the most common age was 22.
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 156A, Springfield Road, Brighton, 0.6% 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 156A, Springfield Road, 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.