According to the public record, Basement Rear Studio, 4A , St. Michaels Place, Brighton is a period apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 4A, St. Michaels Place, Brighton, BN1.
St. Michaels Place, Brighton, BN1 is located within the BN1 postal district.
Basement Rear Studio, 4A , St. Michaels Place, Brighton has no records in the Land Registry database and a single entry in the EPC database dated August 2021.
We combine this information with public data 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 Rear Studio 4A St. Michaels Place Brighton as £271,057 and the rental value as £1,230 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Basement Rear Studio 4A St. Michaels Place Brighton has increased by £5,340 (2.0%) and its rental value has increased by £116 per month (9.4%).
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 Rear Studio, 4A , St. Michaels Place, Brighton is in very good condition we estimate a sale value of £284,610 and rental value of £1,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,083 and a rental value of £1,144 per month.
If you were able to purchase this property for the estimated value of £271,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,332 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement Rear Studio, 4A , St. Michaels Place, Brighton within a radius of 240 metres over the last 2 years.
The most recent example is Flat 4, 79, Montpelier Road, Brighton, BN1 3BD, a Leasehold flat which sold for £275,000 in Jun 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Michaels Place, Brighton, BN1 has a total of 181 addresses. According to our analysis of all the public data, Basement Rear Studio, 4A , St. Michaels Place, Brighton is the 160th largest and the 159th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in BN1.
Basement Rear Studio, 4A , St. Michaels Place, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Basement Rear Studio, 4A , St. Michaels Place, Brighton is Brighton station which is 600 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 Basement Rear Studio, 4A , St. Michaels Place, Brighton, 62.0% of property is privately rented and 19.5% 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 Rear Studio, 4A , St. Michaels Place, Brighton, 7.5% of residents are recorded as possessing school level qualifications and 65.0% 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 Rear Studio, 4A , St. Michaels Place, Brighton, the average age was 37.5 and the most common age was 27.
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 Rear Studio, 4A , St. Michaels Place, Brighton, 0.0% 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 Basement Rear Studio, 4A , St. Michaels Place, 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.