According to the public record, 18, Old Mill Close, Brighton is a mid-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Old Mill Close, Portslade, Brighton, BN41 is located in the borough of Adur within the BN41 postal district.
18, Old Mill Close, Brighton has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated June 2012.
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 18 Old Mill Close Brighton as £242,947 and the rental value as £1,234 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 18 Old Mill Close Brighton has increased by £3,076 (1.3%) and its rental value has increased by £106 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 18, Old Mill Close, Brighton is in very good condition we estimate a sale value of £255,094 and rental value of £1,296 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,940 and a rental value of £1,148 per month.
If you were able to purchase this property for the estimated value of £242,947, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,194 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, 18, Old Mill Close, Brighton was last sold on 10 Feb 2014 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 42.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Old Mill Close, Brighton within a radius of 610 metres over the last 2 years.
The most recent example is 31, Old Mill Close, Brighton, BN41 1PQ, a Leasehold flat which sold for £245,000 in Dec 2022.
Read more about house prices in BN41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Close, Portslade, Brighton, BN41 has a total of 34 addresses. According to our analysis of all the public data, 18, Old Mill Close, Brighton is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in BN41.
18, Old Mill Close, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 18, Old Mill Close, Brighton is Fishersgate station which is 300 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 18, Old Mill Close, Brighton, 76.0% of property is socially rented and 10.7% 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 18, Old Mill Close, Brighton, 34.1% of residents are recorded as possessing school level qualifications and 18.2% 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 18, Old Mill Close, Brighton, the average age was 40.9 and the most common age was 7.
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 18, Old Mill Close, Brighton, 2.5% 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 18, Old Mill Close, Brighton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.