According to the public record, Apartment 4, Parkside Mansions 34, Brighton is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Parkside Mansions, Preston Park Avenue, Brighton, BN1.
Preston Park Avenue, Brighton, BN1 is located within the BN1 postal district.
Apartment 4, Parkside Mansions 34, Brighton has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated June 2020.
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 good condition, we estimate the current sale value for Apartment 4 Parkside Mansions 34 Brighton as £550,801 and the rental value as £2,177 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Apartment 4 Parkside Mansions 34 Brighton has increased by £7,091 (1.3%) and its rental value has increased by £178 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 4, Parkside Mansions 34, Brighton is in very good condition we estimate a sale value of £578,341 and rental value of £2,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,245 and a rental value of £2,025 per month.
If you were able to purchase this property for the estimated value of £550,801, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,707 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 4, Parkside Mansions 34, Brighton was last sold on 03 Mar 2021 for £545,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 4, Parkside Mansions 34, Brighton within a radius of 460 metres over the last 2 years.
The most recent example is Apartment 1, Parkside Mansions 34, Preston Park Avenue, Brighton, BN1 6HG, a Leasehold flat which sold for £550,000 in Aug 2021.
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 4, Parkside Mansions 34, Brighton is the 88th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in BN1.
Apartment 4, Parkside Mansions 34, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jun 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using an electric boiler and radiators.
The closest station to Apartment 4, Parkside Mansions 34, 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 Apartment 4, Parkside Mansions 34, 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 Apartment 4, Parkside Mansions 34, 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 Apartment 4, Parkside Mansions 34, 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 Apartment 4, Parkside Mansions 34, 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 Apartment 4, Parkside Mansions 34, 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.