According to the public record, Apartment 30, Preston Mansions, Brighton is a modern leasehold apartment with 1,285 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 30, Preston Mansions, Brighton has 3 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated January 2009.
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 30 Preston Mansions Brighton as £592,769 and the rental value as £2,505 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Apartment 30 Preston Mansions Brighton has increased by £7,348 (1.2%) and its rental value has increased by £205 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 30, Preston Mansions, Brighton is in very good condition we estimate a sale value of £622,407 and rental value of £2,630 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,275 and a rental value of £2,330 per month.
If you were able to purchase this property for the estimated value of £592,769, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,913 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 30, Preston Mansions, Brighton was last sold on 03 Aug 2015 for £530,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2015, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 30, 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 30, Preston Mansions, Brighton is the 21st largest and the 40th most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in BN1.
Apartment 30, Preston Mansions, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2009.
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 30, 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 30, 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 30, 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 30, 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 30, 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 30, 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.