According to the public record, Basement Flat, 34A, Gladstone Place, Brighton is a period leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Gladstone Place, Brighton, BN2 is located within the BN2 postal district.
Basement Flat, 34A, Gladstone Place, Brighton has 31 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated December 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 Basement Flat 34A Gladstone Place Brighton as £242,496 and the rental value as £1,290 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Basement Flat 34A Gladstone Place Brighton has increased by £5,533 (2.3%) and its rental value has increased by £120 per month (9.3%).
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 Basement Flat, 34A, Gladstone Place, Brighton is in very good condition we estimate a sale value of £254,621 and rental value of £1,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,521 and a rental value of £1,199 per month.
If you were able to purchase this property for the estimated value of £242,496, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,192 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, Basement Flat, 34A, Gladstone Place, Brighton was last sold on 22 Jun 2022 for £256,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Flat, 34A, Gladstone Place, Brighton within a radius of 320 metres over the last 2 years.
The most recent example is 21A, Shanklin Road, Brighton, BN2 3LP, a Leasehold flat which sold for £226,500 in Mar 2023.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gladstone Place, Brighton, BN2 has a total of 191 addresses. According to our analysis of all the public data, Basement Flat, 34A, Gladstone Place, Brighton is the 175th largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in BN2.
Basement Flat, 34A, Gladstone Place, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 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 Basement Flat, 34A, Gladstone Place, Brighton is London Road (Brighton) station which is 1.0 kilometres 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 Basement Flat, 34A, Gladstone Place, Brighton, 58.2% of property is privately rented and 23.1% 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 Basement Flat, 34A, Gladstone Place, Brighton, 25.9% of residents are recorded as possessing school level qualifications and 53.9% 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 Basement Flat, 34A, Gladstone Place, Brighton, the average age was 33.5 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 Basement Flat, 34A, Gladstone Place, Brighton, 0.4% 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 Basement Flat, 34A, Gladstone Place, Brighton, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.