According to the public record, Flat 11, Neville House 164-165, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 349 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Neville House, Marine Parade, Brighton, BN2.
Marine Parade, Brighton, BN2 is located within the BN2 postal district.
Flat 11, Neville House 164-165, Brighton has 31 entries in the Land Registry database, most recently in November 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 11 Neville House 164-165 Brighton as £265,457 and the rental value as £1,130 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 11 Neville House 164-165 Brighton has increased by £6,133 (2.3%) and its rental value has increased by £105 per month (9.3%).
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 11, Neville House 164-165, Brighton is in very good condition we estimate a sale value of £278,729 and rental value of £1,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,875 and a rental value of £1,051 per month.
If you were able to purchase this property for the estimated value of £265,457, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,305 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 11, Neville House 164-165, Brighton was last sold on 18 Nov 2022 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Neville House 164-165, Brighton within a radius of 390 metres over the last 2 years.
The most recent example is 188B, Eastern Road, Brighton, BN2 5BA, a Leasehold flat which sold for £256,000 in May 2022.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marine Parade, Brighton, BN2 has a total of 747 addresses. According to our analysis of all the public data, Flat 11, Neville House 164-165, Brighton is the 696th largest and the 668th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in BN2.
The closest station to Flat 11, Neville House 164-165, Brighton is Brighton station which is 2.1 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 11, Neville House 164-165, Brighton, 53.0% of property is privately rented and 18.2% 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 11, Neville House 164-165, Brighton, 6.2% of residents are recorded as possessing school level qualifications and 52.1% 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 11, Neville House 164-165, Brighton, the average age was 42.1 and the most common age was 27.
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 11, Neville House 164-165, Brighton, 0.5% 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 11, Neville House 164-165, Brighton, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.