According to the public record, 62, Richmond Street, Brighton is a period freehold house with 753 ft2 of internal area and sits on a 75.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Richmond Street, Brighton, BN2 is located within the BN2 postal district.
62, Richmond Street, Brighton has 31 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated March 2020.
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 62 Richmond Street Brighton as £467,959 and the rental value as £2,146 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 62 Richmond Street Brighton has increased by £10,305 (2.2%) and its rental value has increased by £198 per month (9.2%).
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 62, Richmond Street, Brighton is in very good condition we estimate a sale value of £491,357 and rental value of £2,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,202 and a rental value of £1,996 per month.
If you were able to purchase this property for the estimated value of £467,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,300 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, 62, Richmond Street, Brighton sits on a plot of 75m2.
We have plot size data on 14 out of 19 other houses in the postcode and 62, Richmond Street, Brighton sits on the 7th largest plot.
According to HM Land Registry, 62, Richmond Street, Brighton was last sold on 30 Nov 2020 for £440,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2020, the market for similar properties has risen 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Richmond Street, Brighton within a radius of 310 metres over the last 2 years.
The most recent example is 44, Stanley Street, Brighton, BN2 0GP, a Freehold house which sold for £365,000 in Nov 2023.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Street, Brighton, BN2 has a total of 66 addresses. According to our analysis of all the public data, 62, Richmond Street, Brighton is the 34th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in BN2.
62, Richmond Street, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2020.
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 62, Richmond Street, Brighton is Brighton station which is 1.0 kilometres 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 62, Richmond Street, Brighton, 47.0% of property is privately rented and 26.1% 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 62, Richmond Street, Brighton, 26.4% of residents are recorded as possessing school level qualifications and 54.0% 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 62, Richmond Street, Brighton, the average age was 37.7 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 62, Richmond Street, 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 62, Richmond Street, 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.