According to the public record, Flat 1, 7, Shaftesbury Place, Brighton is a period leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 7, Shaftesbury Place, Brighton, BN1.
Shaftesbury Place, Brighton, BN1 is located within the BN1 postal district.
Flat 1, 7, Shaftesbury Place, Brighton has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated September 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 7 Shaftesbury Place Brighton as £335,575 and the rental value as £1,648 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 1 7 Shaftesbury Place Brighton has increased by £10,133 (3.0%) and its rental value has increased by £166 per month (10.1%).
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, 7, Shaftesbury Place, Brighton is in very good condition we estimate a sale value of £352,354 and rental value of £1,731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,085 and a rental value of £1,533 per month.
If you were able to purchase this property for the estimated value of £335,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,649 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, 7, Shaftesbury Place, Brighton was last sold on 16 Dec 2019 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 7, Shaftesbury Place, Brighton within a radius of 320 metres over the last 2 years.
The most recent example is Flat 2, 31, Clyde Road, Brighton, BN1 4NN, a Leasehold flat which sold for £350,000 in Jul 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shaftesbury Place, Brighton, BN1 has a total of 23 addresses. According to our analysis of all the public data, Flat 1, 7, Shaftesbury Place, Brighton is the 11th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in BN1.
Flat 1, 7, Shaftesbury Place, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 7, Shaftesbury Place, Brighton is London Road (Brighton) station which is 0 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, 7, Shaftesbury Place, Brighton, 52.6% of property is privately rented and 31.6% 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, 7, Shaftesbury Place, Brighton, 21.0% of residents are recorded as possessing school level qualifications and 61.1% 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, 7, Shaftesbury Place, 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, 7, Shaftesbury 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 Flat 1, 7, Shaftesbury Place, Brighton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.