According to the public record, Apartment 25, Preston Mansions, Brighton is a modern leasehold apartment with 1,313 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Preston Mansions, Preston Park Avenue, Brighton, BN1.
Preston Park Avenue, Brighton, BN1 is located within the BN1 postal district.
Apartment 25, Preston Mansions, Brighton has 3 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated March 2024.
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 25 Preston Mansions Brighton as £600,152 and the rental value as £2,536 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Apartment 25 Preston Mansions Brighton has increased by £7,440 (1.2%) and its rental value has increased by £208 per month (8.2%).
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 25, Preston Mansions, Brighton is in very good condition we estimate a sale value of £630,159 and rental value of £2,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £558,141 and a rental value of £2,359 per month.
If you were able to purchase this property for the estimated value of £600,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,950 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 25, Preston Mansions, Brighton was last sold on 07 Sep 2016 for £490,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2016, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 25, Preston Mansions, Brighton within a radius of 390 metres over the last 2 years.
The most recent example is Apartment 5, Preston Mansions, Preston Park Avenue, Brighton, BN1 6HP, a Leasehold flat which sold for £525,000 in Aug 2020.
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, Apartment 25, Preston Mansions, Brighton is the 20th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in BN1.
Apartment 25, Preston Mansions, Brighton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Apartment 25, Preston Mansions, Brighton is London Road (Brighton) station which is 400 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 25, Preston Mansions, Brighton, 37.8% of property is privately rented and 33.2% 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 Apartment 25, Preston Mansions, Brighton, 8.7% of residents are recorded as possessing school level qualifications and 59.9% 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 Apartment 25, Preston Mansions, Brighton, the average age was 37.9 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 Apartment 25, Preston Mansions, Brighton, 0.3% 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 25, Preston Mansions, 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.