According to the public record, Flat 2, 61, Old Steine, Brighton is a period leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 61, Old Steine, Brighton, BN1.
Old Steine, Brighton, BN1 is located within the BN1 postal district.
Flat 2, 61, Old Steine, Brighton has 21 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated February 2014.
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 61 Old Steine Brighton as £315,889 and the rental value as £1,608 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 2 61 Old Steine Brighton has increased by £9,155 (2.9%) and its rental value has increased by £165 per month (10.3%).
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 2, 61, Old Steine, Brighton is in very good condition we estimate a sale value of £331,684 and rental value of £1,689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,777 and a rental value of £1,496 per month.
If you were able to purchase this property for the estimated value of £315,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,552 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, 61, Old Steine, Brighton was last sold on 14 Aug 2014 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2014, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 61, Old Steine, Brighton within a radius of 370 metres over the last 2 years.
The most recent example is 33, The Albemarle, Brighton, BN2 1TX, a Leasehold flat which sold for £325,000 in Feb 2024.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Steine, Brighton, BN1 has a total of 104 addresses. According to our analysis of all the public data, Flat 2, 61, Old Steine, Brighton is the 33rd largest and the 74th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in BN1.
Flat 2, 61, Old Steine, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2014.
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, 61, Old Steine, Brighton is Brighton station which is 900 metres 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, 61, Old Steine, Brighton, 50.3% of property is privately rented and 29.7% 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, 61, Old Steine, Brighton, 19.6% of residents are recorded as possessing school level qualifications and 50.6% 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, 61, Old Steine, Brighton, the average age was 35.8 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, 61, Old Steine, Brighton, 0.0% 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, 61, Old Steine, 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.