According to the public record, Apartment 2, 24, Castle Street, Brighton is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 24, Castle Street, Brighton, BN1.
Castle Street, Brighton, BN1 is located within the BN1 postal district.
Apartment 2, 24, Castle Street, Brighton has a single entry in the Land Registry database from December 2009 and a single entry in the EPC database dated December 2023.
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 Apartment 2 24 Castle Street Brighton as £294,123 and the rental value as £1,421 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Apartment 2 24 Castle Street Brighton has increased by £9,047 (3.1%) and its rental value has increased by £151 per month (10.6%).
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 Apartment 2, 24, Castle Street, Brighton is in very good condition we estimate a sale value of £308,829 and rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,535 and a rental value of £1,322 per month.
If you were able to purchase this property for the estimated value of £294,123, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,446 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, Apartment 2, 24, Castle Street, Brighton was last sold on 23 Dec 2009 for £625,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2009, the market for similar properties has risen 63.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, 24, Castle Street, Brighton within a radius of 230 metres over the last 2 years.
The most recent example is Flat 23, Russell House, Russell Mews, Brighton, BN1 2AU, a Leasehold flat which sold for £265,000 in Sep 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Street, Brighton, BN1 has a total of 77 addresses. According to our analysis of all the public data, Apartment 2, 24, Castle Street, Brighton is the 56th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in BN1.
Apartment 2, 24, Castle Street, Brighton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 2, 24, Castle Street, Brighton is Brighton 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 Apartment 2, 24, Castle Street, Brighton, 65.1% of property is privately rented and 19.8% 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 Apartment 2, 24, Castle Street, Brighton, 23.8% of residents are recorded as possessing school level qualifications and 58.5% 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 Apartment 2, 24, Castle Street, 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 Apartment 2, 24, Castle Street, Brighton, 2.0% 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 Apartment 2, 24, Castle Street, Brighton, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.