According to the public record, 17, Mill Lane, Brighton is a mid-century freehold house with 1,506 ft2 of internal area and sits on a 570 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mill Lane, Portslade, Brighton, BN41 is located within the BN41 postal district.
17, Mill Lane, Brighton has 21 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated January 2023.
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 17 Mill Lane Brighton as £600,920 and the rental value as £2,332 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 17 Mill Lane Brighton has decreased by £52 (0.0%) and its rental value has increased by £201 per month (8.6%).
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 17, Mill Lane, Brighton is in very good condition we estimate a sale value of £630,966 and rental value of £2,449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £558,856 and a rental value of £2,169 per month.
If you were able to purchase this property for the estimated value of £600,920, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,953 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, 17, Mill Lane, Brighton sits on a plot of 570m2.
We have plot size data on 16 out of 26 other houses in the postcode and 17, Mill Lane, Brighton sits on the 5th largest plot.
According to HM Land Registry, 17, Mill Lane, Brighton was last sold on 20 Apr 2023 for £610,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Mill Lane, Brighton within a radius of 610 metres over the last 2 years.
The most recent example is 20, Burlington Gardens, Brighton, BN41 2DS, a Freehold house which sold for £658,000 in Jul 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, 17, Mill Lane, Brighton is the 5th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £235k more expensive than the average property in BN41.
17, Mill Lane, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2023.
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 17, 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 17, 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 17, 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 17, 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 17, 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 17, 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.