According to the public record, 15A, London Terrace, Brighton is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 15, London Terrace, Brighton, BN1.
London Terrace, Brighton, BN1 is located within the BN1 postal district.
15A, London Terrace, Brighton has a single entry in the Land Registry database from July 2009 and a single entry in the EPC database dated February 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 15A London Terrace Brighton as £324,840 and the rental value as £1,474 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 15A London Terrace Brighton has increased by £8,807 (2.7%) and its rental value has increased by £145 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 15A, London Terrace, Brighton is in very good condition we estimate a sale value of £341,082 and rental value of £1,548 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,101 and a rental value of £1,371 per month.
If you were able to purchase this property for the estimated value of £324,840, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,596 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, 15A, London Terrace, Brighton was last sold on 07 Jul 2009 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2009, the market for similar properties has risen 75.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15A, London Terrace, Brighton within a radius of 280 metres over the last 2 years.
The most recent example is Flat 21, Brighton Belle 2, Stroudley Road, Brighton, BN1 4ZB, a Leasehold flat which sold for £240,000 in Jul 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Terrace, Brighton, BN1 has a total of 82 addresses. According to our analysis of all the public data, 15A, London Terrace, Brighton is the 52nd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in BN1.
15A, London Terrace, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 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 15A, London Terrace, Brighton is Brighton station which is 500 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 15A, London Terrace, Brighton, 70.3% of property is privately rented and 12.2% 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 15A, London Terrace, Brighton, 55.1% of residents are recorded as possessing school level qualifications and 35.0% 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 15A, London Terrace, Brighton, the average age was 35.8 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 15A, London Terrace, Brighton, 0.2% 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 15A, London Terrace, Brighton, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.