According to the public record, 2, Palace Mews 33, Brighton is a modern freehold house with 764 ft2 of internal area and sits on a 68.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bath Street, Brighton, BN1 is located within the BN1 postal district.
2, Palace Mews 33, Brighton has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated July 2015.
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 2 Palace Mews 33 Brighton as £525,816 and the rental value as £2,039 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 2 Palace Mews 33 Brighton has increased by £13,124 (2.5%) and its rental value has increased by £199 per month (9.8%).
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 2, Palace Mews 33, Brighton is in very good condition we estimate a sale value of £552,107 and rental value of £2,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,009 and a rental value of £1,897 per month.
If you were able to purchase this property for the estimated value of £525,816, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,584 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, 2, Palace Mews 33, Brighton sits on a plot of 68m2.
We have plot size data on 7 out of 11 other houses in the postcode and 2, Palace Mews 33, Brighton sits on the 19th largest plot.
According to HM Land Registry, 2, Palace Mews 33, Brighton was last sold on 30 Mar 2016 for £395,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 24.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Palace Mews 33, Brighton within a radius of 230 metres over the last 2 years.
The most recent example is 3, Palace Mews 33, Bath Street, Brighton, BN1 3TB, a Freehold house which sold for £515,000 in Oct 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bath Street, Brighton, BN1 has a total of 87 addresses. According to our analysis of all the public data, 2, Palace Mews 33, Brighton is the 20th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in BN1.
2, Palace Mews 33, Brighton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Palace Mews 33, Brighton is Brighton station which is 400 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 2, Palace Mews 33, Brighton, 55.0% of property is privately rented and 23.6% 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 2, Palace Mews 33, Brighton, 12.5% of residents are recorded as possessing school level qualifications and 61.9% 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 2, Palace Mews 33, Brighton, the average age was 37.5 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 2, Palace Mews 33, Brighton, 0.4% 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 2, Palace Mews 33, Brighton, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.