According to the public record, Flat 1, 1, Chichester Place, Brighton is a period leasehold apartment with 1,291 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Chichester Place, Brighton, BN2.
Chichester Place, Brighton, BN2 is located within the BN2 postal district.
Flat 1, 1, Chichester Place, Brighton has a single entry in the Land Registry database from September 2022 and a single entry in the EPC database dated August 2019.
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 Flat 1 1 Chichester Place Brighton as £637,008 and the rental value as £2,471 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 1 1 Chichester Place Brighton has increased by £23,345 (3.7%) and its rental value has increased by £265 per month (10.7%).
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 Flat 1, 1, Chichester Place, Brighton is in very good condition we estimate a sale value of £668,859 and rental value of £2,595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £592,418 and a rental value of £2,298 per month.
If you were able to purchase this property for the estimated value of £637,008, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,131 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, Flat 1, 1, Chichester Place, Brighton was last sold on 30 Sep 2022 for £642,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 1, Chichester Place, Brighton within a radius of 380 metres over the last 2 years.
The most recent example is Basement Flat 2, Keslake House 14, Chichester Terrace, Brighton, BN2 1FG, a Leasehold flat which sold for £575,000 in Apr 2023.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chichester Place, Brighton, BN2 has a total of 75 addresses. According to our analysis of all the public data, Flat 1, 1, Chichester Place, Brighton is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £215k more expensive than the average property in BN2.
Flat 1, 1, Chichester Place, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2019.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 1, Chichester Place, Brighton is Brighton station which is 2.3 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 Flat 1, 1, Chichester Place, Brighton, 63.1% of property is privately rented and 16.4% 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 Flat 1, 1, Chichester Place, Brighton, 12.1% of residents are recorded as possessing school level qualifications and 67.6% 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 Flat 1, 1, Chichester Place, Brighton, the average age was 41.2 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 Flat 1, 1, Chichester Place, Brighton, 0.8% 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 Flat 1, 1, Chichester Place, Brighton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.