According to the public record, Flat 15, 5-6 , Sussex Square, Brighton is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Sussex Square, Brighton, BN2.
Sussex Square, Brighton, BN2 is located within the BN2 postal district.
Flat 15, 5-6 , Sussex Square, Brighton has a single entry in the Land Registry database from January 2024 and a single entry in the EPC database dated August 2023.
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 15 5-6 Sussex Square Brighton as £288,738 and the rental value as £1,483 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 15 5-6 Sussex Square Brighton has increased by £9,691 (3.4%) and its rental value has increased by £154 per month (10.4%).
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 15, 5-6 , Sussex Square, Brighton is in very good condition we estimate a sale value of £303,175 and rental value of £1,557 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,526 and a rental value of £1,379 per month.
If you were able to purchase this property for the estimated value of £288,738, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,419 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 15, 5-6 , Sussex Square, Brighton was last sold on 15 Jan 2024 for £266,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2024, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, 5-6 , Sussex Square, Brighton within a radius of 340 metres over the last 2 years.
The most recent example is Flat 8, 26, Sussex Square, Brighton, BN2 5AB, a Leasehold flat which sold for £300,000 in Oct 2022.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sussex Square, Brighton, BN2 has a total of 345 addresses. According to our analysis of all the public data, Flat 15, 5-6 , Sussex Square, Brighton is the 321st largest and the 324th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in BN2.
Flat 15, 5-6 , Sussex Square, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Aug 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 15, 5-6 , Sussex Square, Brighton is Brighton station which is 2.5 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 15, 5-6 , Sussex Square, Brighton, 47.2% of property is privately rented and 30.1% 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 15, 5-6 , Sussex Square, Brighton, 11.9% of residents are recorded as possessing school level qualifications and 64.3% 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 15, 5-6 , Sussex Square, Brighton, the average age was 41.2 and the most common age was 52.
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 15, 5-6 , Sussex Square, Brighton, 2.3% 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 15, 5-6 , Sussex Square, Brighton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.