According to the public record, Flat 1, 1, Norfolk Terrace, Brighton is a period leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 1, Norfolk Terrace, Brighton, BN1.
Norfolk Terrace, Brighton, BN1 is located within the BN1 postal district.
Flat 1, 1, Norfolk Terrace, Brighton has a single entry in the Land Registry database from October 2006 and a single entry in the EPC database dated November 2020.
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 Flat 1 1 Norfolk Terrace Brighton as £255,402 and the rental value as £1,178 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 1 1 Norfolk Terrace Brighton has increased by £4,002 (1.6%) and its rental value has increased by £109 per month (9.3%).
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 Flat 1, 1, Norfolk Terrace, Brighton is in very good condition we estimate a sale value of £268,172 and rental value of £1,237 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,524 and a rental value of £1,096 per month.
If you were able to purchase this property for the estimated value of £255,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,255 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, Flat 1, 1, Norfolk Terrace, Brighton was last sold on 02 Oct 2006 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 1, Norfolk Terrace, Brighton within a radius of 250 metres over the last 2 years.
The most recent example is Flat 10, 11, Norfolk Terrace, Brighton, BN1 3AD, a Leasehold flat which sold for £178,000 in May 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Terrace, Brighton, BN1 has a total of 225 addresses. According to our analysis of all the public data, Flat 1, 1, Norfolk Terrace, Brighton is the 80th largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in BN1.
Flat 1, 1, Norfolk Terrace, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Nov 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, 1, Norfolk Terrace, Brighton is Brighton station which is 900 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 Flat 1, 1, Norfolk Terrace, Brighton, 65.5% of property is privately rented and 18.7% 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 Flat 1, 1, Norfolk Terrace, Brighton, 10.9% of residents are recorded as possessing school level qualifications and 57.6% 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 Flat 1, 1, Norfolk Terrace, Brighton, the average age was 37.5 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 Flat 1, 1, Norfolk Terrace, Brighton, 0.4% 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 Flat 1, 1, Norfolk Terrace, Brighton, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.