According to the public record, 45A, Richmond Street, Brighton is a period leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 45, Richmond Street, Brighton, BN2.
Richmond Street, Brighton, BN2 is located within the BN2 postal district.
45A, Richmond Street, Brighton has 51 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated October 2021.
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 45A Richmond Street Brighton as £328,559 and the rental value as £1,666 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 45A Richmond Street Brighton has increased by £9,651 (2.9%) and its rental value has increased by £167 per month (10.0%).
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 45A, Richmond Street, Brighton is in very good condition we estimate a sale value of £344,987 and rental value of £1,749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,560 and a rental value of £1,549 per month.
If you were able to purchase this property for the estimated value of £328,559, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,615 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, 45A, Richmond Street, Brighton was last sold on 14 Apr 2022 for £375,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45A, Richmond Street, Brighton within a radius of 290 metres over the last 2 years.
The most recent example is 102, Albion Hill, Brighton, BN2 9PA, a Leasehold flat which sold for £292,000 in Aug 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, 45A, Richmond Street, Brighton is the 39th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £94k less expensive than the average property in BN2.
45A, Richmond Street, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2021.
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 45A, Richmond Street, Brighton is Brighton station which is 900 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 45A, Richmond Street, Brighton, 40.6% of property is privately owned with a mortgage and 35.4% 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 45A, Richmond Street, Brighton, 14.5% of residents are recorded as possessing school level qualifications and 69.4% 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 45A, 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 45A, Richmond Street, 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 45A, Richmond Street, 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.