According to the public record, Basement Flat, 37, Norfolk Square, Brighton is a period leasehold apartment with 761 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 37, Norfolk Square, Brighton, BN1.
Norfolk Square, Brighton, BN1 is located within the BN1 postal district.
Basement Flat, 37, Norfolk Square, Brighton has 41 entries in the Land Registry database, most recently in October 2015 and a single entry in the EPC database dated September 2009.
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 Basement Flat 37 Norfolk Square Brighton as £372,303 and the rental value as £1,717 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Basement Flat 37 Norfolk Square Brighton has increased by £8,813 (2.4%) and its rental value has increased by £177 per month (10.3%).
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 Basement Flat, 37, Norfolk Square, Brighton is in very good condition we estimate a sale value of £390,918 and rental value of £1,802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,242 and a rental value of £1,596 per month.
If you were able to purchase this property for the estimated value of £372,303, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,830 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, Basement Flat, 37, Norfolk Square, Brighton was last sold on 30 Oct 2015 for £320,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2015, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 37, Norfolk Square, Brighton within a radius of 200 metres over the last 2 years.
The most recent example is Flat 8, Sillwood Mansions 9, Sillwood Place, Brighton, BN1 2LH, a Leasehold flat which sold for £420,000 in Dec 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Square, Brighton, BN1 has a total of 174 addresses. According to our analysis of all the public data, Basement Flat, 37, Norfolk Square, Brighton is the 37th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in BN1.
Basement Flat, 37, Norfolk Square, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2009.
The property is not connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Basement Flat, 37, Norfolk Square, Brighton is 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 Basement Flat, 37, Norfolk Square, Brighton, 66.7% of property is privately rented and 19.4% 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 Basement Flat, 37, Norfolk Square, Brighton, 12.1% of residents are recorded as possessing school level qualifications and 61.8% 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 Basement Flat, 37, Norfolk Square, Brighton, the average age was 38.2 and the most common age was 27.
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 Basement Flat, 37, Norfolk Square, 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 Basement Flat, 37, Norfolk Square, Brighton, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.