According to the public record, 22, Lodge Close, Brighton is a modern leasehold apartment and with 279 ft2 of internal area.
Apartments of this size in this area are normally studios.
Lodge Close, Portslade, Brighton, BN41 is located within the BN41 postal district.
22, Lodge Close, Brighton has 91 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated November 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 22 Lodge Close Brighton as £140,306 and the rental value as £690 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 22 Lodge Close Brighton has increased by £126 (0.1%) and its rental value has increased by £58 per month (8.3%).
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 22, Lodge Close, Brighton is in very good condition we estimate a sale value of £147,322 and rental value of £725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,485 and a rental value of £642 per month.
If you were able to purchase this property for the estimated value of £140,306, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £690 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, 22, Lodge Close, Brighton was last sold on 05 Aug 2022 for £150,000 and was recorded as a leasehold flat.
The property has had 9 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Lodge Close, Brighton within a radius of 30m over the last 2 years.
The most recent example is 7 Sidehill Court, Sidehill Drive, Brighton, BN41 2QA, a Leasehold flat which sold for £160,000 in Nov 2022.
Read more about house prices in BN41.
Lodge Close, Portslade, Brighton, BN41 has a total of 29 addresses. According to our analysis of all the public data, 22, Lodge Close, Brighton is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in BN41.
22, Lodge Close, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2015.
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 22, Lodge Close, Brighton is Fishersgate station which is 1.4 km 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 22, Lodge Close, Brighton, 35.2% of property is privately owned with a mortgage and 24.7% 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 22, Lodge Close, Brighton, 19.7% of residents are recorded as possessing school level qualifications and 31.0% 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 22, Lodge Close, Brighton, the average age was 39.7 and the most common age was 42.
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 22, Lodge Close, Brighton, 0.0% 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 22, Lodge Close, Brighton, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.