According to the public record, Flat 10, The Old Technical College 87, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 745 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Old Technical College, Preston Road, Brighton, BN1.
Preston Road, Brighton, BN1 is located within the BN1 postal district.
Flat 10, The Old Technical College 87, Brighton has a single entry in the Land Registry database from June 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 10 The Old Technical College 87 Brighton as £338,344 and the rental value as £1,643 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 10 The Old Technical College 87 Brighton has increased by £9,953 (2.9%) and its rental value has increased by £164 per month (10.0%).
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 10, The Old Technical College 87, Brighton is in very good condition we estimate a sale value of £355,262 and rental value of £1,725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,660 and a rental value of £1,528 per month.
If you were able to purchase this property for the estimated value of £338,344, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,663 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 10, The Old Technical College 87, Brighton was last sold on 24 Jun 2022 for £333,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, The Old Technical College 87, Brighton within a radius of 360 metres over the last 2 years.
The most recent example is Flat 6, 8, Stanford Avenue, Brighton, BN1 6AA, a Leasehold flat which sold for £305,000 in Oct 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, Brighton, BN1 has a total of 552 addresses. According to our analysis of all the public data, Flat 10, The Old Technical College 87, Brighton is the 161st largest and the 184th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in BN1.
The closest station to Flat 10, The Old Technical College 87, Brighton is London Road (Brighton) station which is 400 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 10, The Old Technical College 87, Brighton, 49.4% of property is privately rented and 20.0% 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 10, The Old Technical College 87, Brighton, 21.1% of residents are recorded as possessing school level qualifications and 47.6% 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 10, The Old Technical College 87, 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 10, The Old Technical College 87, Brighton, 0.3% 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 10, The Old Technical College 87, Brighton, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.