According to the public record, Flat 2, Lainson House, Brighton is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lainson House, Dyke Road, Brighton, BN1.
Dyke Road, Brighton, BN1 is located within the BN1 postal district.
Flat 2, Lainson House, Brighton has a single entry in the Land Registry database from June 2015 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 2 Lainson House Brighton as £562,104 and the rental value as £2,201 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 2 Lainson House Brighton has increased by £4,920 (0.9%) and its rental value has increased by £181 per month (8.2%).
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, Lainson House, Brighton is in very good condition we estimate a sale value of £590,210 and rental value of £2,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,757 and a rental value of £2,047 per month.
If you were able to purchase this property for the estimated value of £562,104, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,763 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, Lainson House, Brighton was last sold on 26 Jun 2015 for £470,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 19.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Lainson House, Brighton within a radius of 240 metres over the last 2 years.
The most recent example is Flat 12, Thomas House, Clifton Hill, Brighton, BN1 3EN, a Leasehold flat which sold for £560,000 in May 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dyke Road, Brighton, BN1 has a total of 859 addresses. According to our analysis of all the public data, Flat 2, Lainson House, Brighton is the 144th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in BN1.
Flat 2, Lainson House, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 2, Lainson House, Brighton is Brighton station which is 400 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, Lainson House, Brighton, 48.2% of property is privately rented and 25.0% 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, Lainson House, Brighton, 22.2% of residents are recorded as possessing school level qualifications and 64.6% 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, Lainson House, Brighton, the average age was 37.5 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, Lainson House, Brighton, 4.1% 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, Lainson House, Brighton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.