According to the public record, First Floor Flat, 79, Preston Drove, Brighton is a period leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 79, Preston Drove, Brighton, BN1.
Preston Drove, Brighton, BN1 is located within the BN1 postal district.
First Floor Flat, 79, Preston Drove, Brighton has 4 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated September 2023.
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 First Floor Flat 79 Preston Drove Brighton as £375,673 and the rental value as £1,849 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of First Floor Flat 79 Preston Drove Brighton has increased by £13,776 (3.7%) and its rental value has increased by £199 per month (10.8%).
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 First Floor Flat, 79, Preston Drove, Brighton is in very good condition we estimate a sale value of £394,457 and rental value of £1,941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,376 and a rental value of £1,719 per month.
If you were able to purchase this property for the estimated value of £375,673, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,846 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, First Floor Flat, 79, Preston Drove, Brighton was last sold on 20 Jan 2020 for £370,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2020, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 79, Preston Drove, Brighton within a radius of 450 metres over the last 2 years.
The most recent example is 37C, Preston Park Avenue, Brighton, BN1 6HG, a Leasehold flat which sold for £350,000 in Sep 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Drove, Brighton, BN1 has a total of 225 addresses. According to our analysis of all the public data, First Floor Flat, 79, Preston Drove, Brighton is the 139th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in BN1.
First Floor Flat, 79, Preston Drove, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to First Floor Flat, 79, Preston Drove, 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 First Floor Flat, 79, Preston Drove, Brighton, 51.3% of property is privately rented and 27.8% 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 First Floor Flat, 79, Preston Drove, Brighton, 26.6% of residents are recorded as possessing school level qualifications and 52.5% 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 First Floor Flat, 79, Preston Drove, Brighton, the average age was 40.3 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 First Floor Flat, 79, Preston Drove, 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 First Floor Flat, 79, Preston Drove, Brighton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.