According to the public record, Flat 5, Grove Villa, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 624 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Grove Villa, York Grove, Brighton, BN1.
York Grove, Brighton, BN1 is located within the BN1 postal district.
Flat 5, Grove Villa, Brighton has a single entry in the Land Registry database from September 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Grove Villa Brighton as £328,880 and the rental value as £1,571 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 5 Grove Villa Brighton has increased by £10,114 (3.1%) and its rental value has increased by £161 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 Flat 5, Grove Villa, Brighton is in very good condition we estimate a sale value of £345,324 and rental value of £1,649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,858 and a rental value of £1,461 per month.
If you were able to purchase this property for the estimated value of £328,880, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,616 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, Grove Villa, Brighton was last sold on 06 Sep 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 5, Grove Villa, Brighton within a radius of 310 metres over the last 2 years.
The most recent example is Ground Floor Flat, 3, Bath Street, Brighton, BN1 3TB, a Leasehold flat which sold for £298,000 in Oct 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
York Grove, Brighton, BN1 has a total of 36 addresses. According to our analysis of all the public data, Flat 5, Grove Villa, Brighton is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in BN1.
The closest station to Flat 5, Grove Villa, Brighton is Brighton station which is 500 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, Grove Villa, Brighton, 63.4% of property is privately rented and 21.1% 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, Grove Villa, Brighton, 30.4% of residents are recorded as possessing school level qualifications and 48.4% 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 Flat 5, Grove Villa, 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 5, Grove Villa, Brighton, 1.1% 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, Grove Villa, Brighton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.