According to the public record, 161, Marine Parade, Brighton is a period freehold house with 3,670 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Marine Parade, Brighton, BN2 is located within the BN2 postal district.
161, Marine Parade, Brighton has 2 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated November 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 161 Marine Parade Brighton as £1,894,439 and the rental value as £7,180 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 161 Marine Parade Brighton has increased by £18,355 (1.0%) and its rental value has increased by £564 per month (7.9%).
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 161, Marine Parade, Brighton is in very good condition we estimate a sale value of £1,989,161 and rental value of £7,539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,761,829 and a rental value of £6,678 per month.
If you were able to purchase this property for the estimated value of £1,894,439, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,311 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, 161, Marine Parade, Brighton sits on a plot of 140m2.
We have plot size data on 2 out of 3 other houses in the postcode and 161, Marine Parade, Brighton sits on the 5th largest plot.
According to HM Land Registry, 161, Marine Parade, Brighton was last sold on 08 Dec 2023 for £1,915,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 161, Marine Parade, Brighton within a radius of 380 metres over the last 2 years.
The most recent example is 24, Portland Place, Brighton, BN2 1DH, a Freehold house which sold for £2,000,000 in Jan 2023.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marine Parade, Brighton, BN2 has a total of 747 addresses. According to our analysis of all the public data, 161, Marine Parade, Brighton is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.472m more expensive than the average property in BN2.
161, Marine Parade, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2017.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 161, Marine Parade, Brighton is Brighton station which is 2.1 kilometres 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 161, Marine Parade, Brighton, 53.0% of property is privately rented and 18.2% is socially rented.
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 161, Marine Parade, Brighton, 6.2% of residents are recorded as possessing school level qualifications and 52.1% 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 161, Marine Parade, Brighton, the average age was 42.1 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 161, Marine Parade, Brighton, 0.5% 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 161, Marine Parade, Brighton, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.