According to the public record, Flat 1, 22, Florence Road, Brighton is a period leasehold apartment with 1,517 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in 22, Florence Road, Brighton, BN1.
Florence Road, Brighton, BN1 is located within the BN1 postal district.
Flat 1, 22, Florence Road, Brighton has 31 entries in the Land Registry database, most recently in October 2016 and a single entry in the EPC database dated May 2016.
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 22 Florence Road Brighton as £557,991 and the rental value as £2,686 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 1 22 Florence Road Brighton has increased by £21,147 (3.8%) and its rental value has increased by £292 per month (10.9%).
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, 22, Florence Road, Brighton is in very good condition we estimate a sale value of £585,891 and rental value of £2,820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,932 and a rental value of £2,498 per month.
If you were able to purchase this property for the estimated value of £557,991, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,742 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, 22, Florence Road, Brighton was last sold on 17 Oct 2016 for £650,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2016, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 22, Florence Road, Brighton within a radius of 320 metres over the last 2 years.
The most recent example is 31, Springfield Road, Brighton, BN1 6DF, a Leasehold flat which sold for £727,500 in Jan 2021.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Florence Road, Brighton, BN1 has a total of 175 addresses. According to our analysis of all the public data, Flat 1, 22, Florence Road, Brighton is the 51st largest and the 60th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in BN1.
Flat 1, 22, Florence Road, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 May 2016.
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, 22, Florence Road, Brighton is London Road (Brighton) station which is 200 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, 22, Florence Road, Brighton, 33.5% of property is privately rented and 32.6% is privately owned outright.
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, 22, Florence Road, Brighton, 24.0% of residents are recorded as possessing school level qualifications and 63.0% 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 Flat 1, 22, Florence Road, Brighton, the average age was 37.9 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, 22, Florence Road, Brighton, 1.1% 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, 22, Florence Road, Brighton, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.