According to the public record, 2A, Finsbury Road, Brighton is a period leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 2, Finsbury Road, Brighton, BN2.
Finsbury Road, Brighton, BN2 is located within the BN2 postal district.
2A, Finsbury Road, Brighton has 41 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated October 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 2A Finsbury Road Brighton as £305,198 and the rental value as £1,650 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 2A Finsbury Road Brighton has increased by £9,215 (3.0%) and its rental value has increased by £167 per month (10.1%).
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 2A, Finsbury Road, Brighton is in very good condition we estimate a sale value of £320,457 and rental value of £1,732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,834 and a rental value of £1,534 per month.
If you were able to purchase this property for the estimated value of £305,198, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,500 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, 2A, Finsbury Road, Brighton was last sold on 29 Jun 2021 for £315,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2021, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Finsbury Road, Brighton within a radius of 280 metres over the last 2 years.
The most recent example is Flat 8, 88, Islingword Road, Brighton, BN2 9SJ, a Leasehold flat which sold for £314,000 in Sep 2022.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Finsbury Road, Brighton, BN2 has a total of 95 addresses. According to our analysis of all the public data, 2A, Finsbury Road, Brighton is the 44th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in BN2.
2A, Finsbury Road, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2A, Finsbury Road, 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 2A, Finsbury Road, Brighton, 45.1% of property is privately owned with a mortgage and 30.9% is privately rented.
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 2A, Finsbury Road, Brighton, 33.3% of residents are recorded as possessing school level qualifications and 55.9% 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 2A, Finsbury Road, Brighton, the average age was 33.9 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 2A, Finsbury Road, 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 2A, Finsbury Road, Brighton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.