According to the public record, 113, Mill Lane, Brighton is a mid-century freehold house with 721 ft2 of internal area and sits on a 215 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Portslade, Brighton, BN41 is located within the BN41 postal district.
113, Mill Lane, Brighton has 31 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated January 2022.
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 113 Mill Lane Brighton as £389,529 and the rental value as £1,606 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 113 Mill Lane Brighton has increased by £1,664 (0.4%) and its rental value has increased by £146 per month (9.1%).
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 113, Mill Lane, Brighton is in very good condition we estimate a sale value of £409,005 and rental value of £1,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,262 and a rental value of £1,494 per month.
If you were able to purchase this property for the estimated value of £389,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,914 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 data from HM Land Registry, 113, Mill Lane, Brighton sits on a plot of 215m2.
We have plot size data on 16 out of 26 other houses in the postcode and 113, Mill Lane, Brighton sits on the 16th largest plot.
According to HM Land Registry, 113, Mill Lane, Brighton was last sold on 25 Aug 2022 for £400,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 113, Mill Lane, Brighton within a radius of 590 metres over the last 2 years.
The most recent example is 5, Mill Close, Brighton, BN41 2DH, a Freehold house which sold for £445,000 in Aug 2022.
Read more about house prices in BN41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Portslade, Brighton, BN41 has a total of 100 addresses. According to our analysis of all the public data, 113, Mill Lane, Brighton is the 90th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in BN41.
113, Mill Lane, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jan 2022.
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 113, Mill Lane, Brighton is Portslade station which is 800 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 113, Mill Lane, Brighton, 44.8% of property is privately owned outright and 44.8% 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 113, Mill Lane, Brighton, 19.8% of residents are recorded as possessing school level qualifications and 32.7% 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 113, Mill Lane, Brighton, the average age was 40.1 and the most common age was 52.
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 113, Mill Lane, Brighton, 1.2% 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 113, Mill Lane, Brighton, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.