According to the public record, 20E Sussex Heights, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 785 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Sussex Heights, St. Margarets Place, Brighton, BN1.
St. Margarets Place, Brighton, BN1 is located within the BN1 postal district.
20E Sussex Heights, Brighton has a single entry in the Land Registry database from January 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20E Sussex Heights Brighton as £337,259 and the rental value as £1,677 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 20E Sussex Heights Brighton has increased by £881 (0.3%) and its rental value has increased by £132 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 20E Sussex Heights, Brighton is in very good condition we estimate a sale value of £354,121 and rental value of £1,761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,650 and a rental value of £1,560 per month.
If you were able to purchase this property for the estimated value of £337,259, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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, 20E Sussex Heights, Brighton was last sold on 26 Jan 2016 for £340,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20E Sussex Heights, Brighton within a radius of 320 metres over the last 2 years.
The most recent example is 24E Sussex Heights, St. Margarets Place, Brighton, BN1 2FR, a Leasehold flat which sold for £385,000 in Sep 2021.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Margarets Place, Brighton, BN1 has a total of 130 addresses. According to our analysis of all the public data, 20E Sussex Heights, Brighton is the 117th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in BN1.
The closest station to 20E Sussex Heights, Brighton is Brighton station which is 900 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 20E Sussex Heights, Brighton, 37.8% of property is privately rented and 37.0% is privately owned outright.
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 20E Sussex Heights, Brighton, 11.2% of residents are recorded as possessing school level qualifications and 59.9% 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 20E Sussex Heights, Brighton, the average age was 38.2 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 20E Sussex Heights, Brighton, 3.1% 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 20E Sussex Heights, Brighton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.