Basement Flat, 1, Stanford Road, Brighton, Brighton And Hove, BN1 5DHLocation See map

Basement Flat 1 Stanford Road is a flat with a valuation of £340,000.

Since the property was last sold in October 2015 for £264,000, its value has risen by £76,000.

Valuation Trends

Sold property prices and home valuation trends over time

Street sold prices

Property Summary

Flat features, location, and investment performance

Basement Flat 1 Stanford Road is a leasehold flat. If the property has typical features for the street, its size would be expected to be between 500 and 750 sq ft, based on the £456 to £675 average cost per sq ft for flats on Stanford Road.

The property was a reasonable investment for its previous owner, who made a £96,500 profit between April 2006 and October 2015.

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Basement Flat, 1, Stanford Road, Brighton, Brighton And Hove BN1 5DH

Placeholder property location on the map

Sold Prices

Timeline of sold property prices

Since Basement Flat 1 Stanford Road's first recorded sale in 1996, the flat's price has risen by £308,500 or 36% per year.

During the same period, the price of an average home on Stanford Road increased by £425,000 or 28% per year, and the average UK home increased by 14% per year.

  1. Current valuation
    £340,000

    Flat leasehold

    + 29%
  2. Sold October 2015
    £264,000

    Flat leasehold

    + 58%
  3. Sold April 2006
    £167,500

    Flat leasehold

    + 40%
  4. Sold September 2002
    £119,950

    Flat leasehold

    + 281%
  5. Sold July 1996
    £31,500

    Flat leasehold

Valuation Comparison

Comparison of local and national property prices

House Prices in Stanford Road start at £82,000 for the cheapest property on the street, rising to £1,387,000 for the most expensive.

Basement Flat 1 Stanford Road is worth 29% less than the £481,000 average property on Stanford Road and 13% more than the £300,000 average home in England.

Average Flat Prices in South East England

AREA
VALUE
Difference
Basement Flat 1 Stanford Road
£340,000
£336,000
- 1.2%
£328,000
- 3.5%
£299,000
- 12.1%
£294,000
- 13.5%
£220,000
- 35.3%
£216,000
- 36.5%
£191,000
- 43.8%

Valuation details

Property valuation details and commonly asked questions

In this section
  • How is the property valuation estimated?
  • Where are the figures sourced?
  • What should I do if the details are incorrect?

How is the property valuation estimated?

Every month, our Automated Valuation Model (AVM) determines property values.

Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.

In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.

For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.

We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.

Where are the figures sourced?

Sold property prices, and data on property types/tenures, are sourced from the HM Land Registry.

There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.

What should I do if the details are incorrect?

We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.

If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.

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