According to the public record, Flat 1, 2, North Road, Brighton is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, North Road, Brighton, BN1.
North Road, Brighton, BN1 is located within the BN1 postal district.
Flat 1, 2, North Road, Brighton has 3 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated May 2015.
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 2 North Road Brighton as £249,080 and the rental value as £1,315 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 1 2 North Road Brighton has increased by £7,218 (2.9%) and its rental value has increased by £135 per month (10.3%).
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 Flat 1, 2, North Road, Brighton is in very good condition we estimate a sale value of £261,534 and rental value of £1,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,644 and a rental value of £1,223 per month.
If you were able to purchase this property for the estimated value of £249,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,224 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, 2, North Road, Brighton was last sold on 07 Jul 2017 for £230,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, North Road, Brighton within a radius of 250 metres over the last 2 years.
The most recent example is Flat 1, 43, Grand Parade, Brighton, BN2 9QA, a Leasehold flat which sold for £218,000 in Aug 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Road, Brighton, BN1 has a total of 84 addresses. According to our analysis of all the public data, Flat 1, 2, North Road, Brighton is the 50th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in BN1.
Flat 1, 2, North Road, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2015.
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 Flat 1, 2, North Road, Brighton is Brighton station which is 500 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 Flat 1, 2, North Road, Brighton, 50.3% of property is privately rented and 29.7% is socially rented.
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, 2, North Road, Brighton, 19.6% of residents are recorded as possessing school level qualifications and 50.6% 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, 2, North Road, Brighton, the average age was 35.8 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 Flat 1, 2, North Road, 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 Flat 1, 2, North Road, Brighton, there are an average of 0.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.