According to the public record, Flat 2, 18, Oriental Place, Brighton is a period leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 18, Oriental Place, Brighton, BN1.
Oriental Place, Brighton, BN1 is located within the BN1 postal district.
Flat 2, 18, Oriental Place, Brighton has 31 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated August 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 2 18 Oriental Place Brighton as £221,585 and the rental value as £1,125 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 2 18 Oriental Place Brighton has increased by £3,074 (1.4%) and its rental value has increased by £102 per month (9.1%).
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 2, 18, Oriental Place, Brighton is in very good condition we estimate a sale value of £232,664 and rental value of £1,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,074 and a rental value of £1,047 per month.
If you were able to purchase this property for the estimated value of £221,585, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,089 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 2, 18, Oriental Place, Brighton was last sold on 13 Jul 2022 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 18, Oriental Place, Brighton within a radius of 220 metres over the last 2 years.
The most recent example is 3B, Montpelier Road, Brighton, BN1 2LQ, a Leasehold flat which sold for £215,000 in Jul 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oriental Place, Brighton, BN1 has a total of 163 addresses. According to our analysis of all the public data, Flat 2, 18, Oriental Place, Brighton is the 86th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in BN1.
Flat 2, 18, Oriental Place, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 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 2, 18, Oriental Place, Brighton is Brighton station which is 1.1 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 2, 18, Oriental Place, Brighton, 67.8% of property is privately rented and 14.7% 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 2, 18, Oriental Place, Brighton, 13.9% of residents are recorded as possessing school level qualifications and 53.1% 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 2, 18, Oriental Place, Brighton, the average age was 38.2 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 2, 18, Oriental Place, 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 2, 18, Oriental Place, Brighton, there are an average of 0.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.