According to the public record, Flat 16, Neville House 164-165, Brighton is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Neville House, Marine Parade, Brighton, BN2.
Marine Parade, Brighton, BN2 is located within the BN2 postal district.
Flat 16, Neville House 164-165, Brighton has 21 entries in the Land Registry database, most recently in March 2014 and a single entry in the EPC database dated July 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 16 Neville House 164-165 Brighton as £423,711 and the rental value as £1,753 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 16 Neville House 164-165 Brighton has increased by £14,605 (3.4%) and its rental value has increased by £184 per month (10.5%).
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 16, Neville House 164-165, Brighton is in very good condition we estimate a sale value of £444,896 and rental value of £1,840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,051 and a rental value of £1,630 per month.
If you were able to purchase this property for the estimated value of £423,711, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,082 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 16, Neville House 164-165, Brighton was last sold on 21 Mar 2014 for £339,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2014, the market for similar properties has risen 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Neville House 164-165, Brighton within a radius of 390 metres over the last 2 years.
The most recent example is Flat 19, 1-2 , Percival Terrace, Brighton, BN2 1FA, a Leasehold flat which sold for £350,000 in Sep 2023.
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 16, Neville House 164-165, Brighton is the 370th largest and the 335th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in BN2.
Flat 16, Neville House 164-165, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2023.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 16, 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 16, 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 16, 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 16, 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 16, 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 16, 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.