According to the public record, 37A, Preston Park Avenue, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 776 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 37, Preston Park Avenue, Brighton, BN1.
Preston Park Avenue, Brighton, BN1 is located within the BN1 postal district.
37A, Preston Park Avenue, Brighton has 71 entries in the Land Registry database, most recently in January 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 37A Preston Park Avenue Brighton as £356,747 and the rental value as £1,711 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 37A Preston Park Avenue Brighton has increased by £3,865 (1.1%) and its rental value has increased by £136 per month (8.0%).
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 37A, Preston Park Avenue, Brighton is in very good condition we estimate a sale value of £374,584 and rental value of £1,796 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,775 and a rental value of £1,591 per month.
If you were able to purchase this property for the estimated value of £356,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,753 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, 37A, Preston Park Avenue, Brighton was last sold on 13 Jan 2017 for £420,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Jan 2017, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37A, Preston Park Avenue, Brighton within a radius of 450 metres over the last 2 years.
The most recent example is 37C, Preston Park Avenue, Brighton, BN1 6HG, a Leasehold flat which sold for £350,000 in Sep 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Park Avenue, Brighton, BN1 has a total of 257 addresses. According to our analysis of all the public data, 37A, Preston Park Avenue, Brighton is the 147th largest and the 173rd most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in BN1.
The closest station to 37A, Preston Park Avenue, 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 37A, Preston Park Avenue, Brighton, 38.2% of property is privately rented and 35.3% 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 37A, Preston Park Avenue, Brighton, 14.0% of residents are recorded as possessing school level qualifications and 60.9% 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 37A, Preston Park Avenue, Brighton, the average age was 37.2 and the most common age was 52.
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 37A, Preston Park Avenue, Brighton, 1.0% 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 37A, Preston Park Avenue, Brighton, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.