According to the public record, Flat 5, 40, Stanford Avenue, Brighton is a period leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 40, Stanford Avenue, Brighton, BN1.
Stanford Avenue, Brighton, BN1 is located within the BN1 postal district.
Flat 5, 40, Stanford Avenue, Brighton has 31 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated February 2017.
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 5 40 Stanford Avenue Brighton as £291,381 and the rental value as £1,282 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 5 40 Stanford Avenue Brighton has increased by £6,726 (2.3%) and its rental value has increased by £119 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 5, 40, Stanford Avenue, Brighton is in very good condition we estimate a sale value of £305,950 and rental value of £1,346 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,984 and a rental value of £1,192 per month.
If you were able to purchase this property for the estimated value of £291,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,432 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 5, 40, Stanford Avenue, Brighton was last sold on 28 Jul 2017 for £275,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 40, Stanford Avenue, Brighton within a radius of 370 metres over the last 2 years.
The most recent example is Flat A, 47, Stanford Avenue, Brighton, BN1 6GA, a Leasehold flat which sold for £337,500 in Jan 2024.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanford Avenue, Brighton, BN1 has a total of 363 addresses. According to our analysis of all the public data, Flat 5, 40, Stanford Avenue, Brighton is the 259th largest and the 189th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in BN1.
Flat 5, 40, Stanford Avenue, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, 40, Stanford Avenue, Brighton is London Road (Brighton) station which is 300 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 5, 40, Stanford Avenue, Brighton, 38.6% of property is privately rented and 28.8% 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 5, 40, Stanford Avenue, Brighton, 14.4% of residents are recorded as possessing school level qualifications and 63.5% 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 5, 40, Stanford Avenue, 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 5, 40, Stanford Avenue, Brighton, 1.5% 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 5, 40, Stanford Avenue, 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.