According to the public record, Flat 1, 37, Springfield Road, Brighton is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 37, Springfield Road, Brighton, BN1.
Springfield Road, Brighton, BN1 is located within the BN1 postal district.
Flat 1, 37, Springfield Road, Brighton has 41 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated August 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 Flat 1 37 Springfield Road Brighton as £363,235 and the rental value as £1,691 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 1 37 Springfield Road Brighton has increased by £11,998 (3.3%) and its rental value has increased by £175 per month (10.4%).
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, 37, Springfield Road, Brighton is in very good condition we estimate a sale value of £381,397 and rental value of £1,776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,808 and a rental value of £1,573 per month.
If you were able to purchase this property for the estimated value of £363,235, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,785 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, 37, Springfield Road, Brighton was last sold on 26 Mar 2021 for £362,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 37, Springfield Road, Brighton within a radius of 310 metres over the last 2 years.
The most recent example is 73C , Ditchling Rise, Brighton, BN1 4QN, a Leasehold flat which sold for £335,000 in May 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, Flat 1, 37, Springfield Road, Brighton is the 235th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in BN1.
Flat 1, 37, Springfield Road, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Aug 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 Flat 1, 37, Springfield Road, Brighton is London Road (Brighton) station which is 200 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, 37, Springfield Road, Brighton, 36.4% of property is privately rented and 33.9% 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 Flat 1, 37, Springfield Road, Brighton, 19.9% of residents are recorded as possessing school level qualifications and 58.9% 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, 37, 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 Flat 1, 37, Springfield Road, Brighton, 0.8% 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, 37, 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.