According to the public record, Flat 2, 27, New Steine, Brighton is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 27, New Steine, Brighton, BN2.
New Steine, Brighton, BN2 is located within the BN2 postal district.
Flat 2, 27, New Steine, Brighton has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated May 2013.
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 27 New Steine Brighton as £353,887 and the rental value as £1,656 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 2 27 New Steine Brighton has increased by £10,734 (3.0%) and its rental value has increased by £168 per month (10.2%).
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, 27, New Steine, Brighton is in very good condition we estimate a sale value of £371,582 and rental value of £1,739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,115 and a rental value of £1,541 per month.
If you were able to purchase this property for the estimated value of £353,887, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,739 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, 27, New Steine, Brighton was last sold on 11 Oct 2022 for £410,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 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 2, 27, New Steine, Brighton within a radius of 250 metres over the last 2 years.
The most recent example is Flat 6, 37, Marine Parade, Brighton, BN2 1TR, a Leasehold flat which sold for £412,500 in Aug 2023.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 2, 27, New Steine, Brighton within a radius of 250 metres over the last 2 years.
Most recently Basement Flat, 16, Devonshire Place, Brighton, BN2 1QA, a Leasehold flat let by Your Home Managed in Jun 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Steine, Brighton, BN2 has a total of 49 addresses. According to our analysis of all the public data, Flat 2, 27, New Steine, Brighton is the 20th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in BN2.
Flat 2, 27, New Steine, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2013.
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, 27, New Steine, Brighton is Brighton station which is 1.2 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, 27, New Steine, Brighton, 66.2% of property is privately rented and 17.7% 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 2, 27, New Steine, Brighton, 20.4% of residents are recorded as possessing school level qualifications and 52.5% 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, 27, New Steine, Brighton, the average age was 37.7 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 2, 27, New Steine, Brighton, 0.4% 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, 27, New Steine, 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.