According to the public record, 23, Preston Grange, Brighton is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Preston Grange, Brighton, BN1 is located within the BN1 postal district.
23, Preston Grange, Brighton has a single entry in the Land Registry database from November 2010 and a single entry in the EPC database dated March 2009.
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 23 Preston Grange Brighton as £381,254 and the rental value as £1,856 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 23 Preston Grange Brighton has increased by £13,958 (3.7%) and its rental value has increased by £200 per month (10.8%).
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 23, Preston Grange, Brighton is in very good condition we estimate a sale value of £400,317 and rental value of £1,948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,566 and a rental value of £1,726 per month.
If you were able to purchase this property for the estimated value of £381,254, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,874 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, 23, Preston Grange, Brighton was last sold on 01 Nov 2010 for £234,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2010, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Preston Grange, Brighton within a radius of 470 metres over the last 2 years.
The most recent example is 7, Preston Grange, Brighton, BN1 6BH, a Leasehold flat which sold for £395,000 in Sep 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Grange, Brighton, BN1 has a total of 47 addresses. According to our analysis of all the public data, 23, Preston Grange, Brighton is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in BN1.
23, Preston Grange, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 2009.
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 23, Preston Grange, Brighton is Preston Park 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 23, Preston Grange, Brighton, 38.5% of property is socially rented and 23.9% 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 23, Preston Grange, Brighton, 7.4% of residents are recorded as possessing school level qualifications and 41.0% 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 23, Preston Grange, Brighton, the average age was 37.9 and the most common age was 22.
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 23, Preston Grange, Brighton, 0.5% 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 23, Preston Grange, 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.