According to the public record, Flat 23, St. Nicholas Lodge, Brighton is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in St. Nicholas Lodge, Church Street, Brighton, BN1.
Church Street, Brighton, BN1 is located within the BN1 postal district.
Flat 23, St. Nicholas Lodge, Brighton has a single entry in the Land Registry database from August 2013 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 23 St. Nicholas Lodge Brighton as £264,526 and the rental value as £1,223 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 23 St. Nicholas Lodge Brighton has increased by £4,441 (1.7%) and its rental value has increased by £110 per month (9.0%).
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 23, St. Nicholas Lodge, Brighton is in very good condition we estimate a sale value of £277,752 and rental value of £1,285 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,009 and a rental value of £1,138 per month.
If you were able to purchase this property for the estimated value of £264,526, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,300 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 23, St. Nicholas Lodge, Brighton was last sold on 28 Aug 2013 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 48.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, St. Nicholas Lodge, Brighton within a radius of 310 metres over the last 2 years.
The most recent example is Flat 3, St. Nicholas Lodge, Church Street, Brighton, BN1 3LJ, a Leasehold flat which sold for £275,000 in Aug 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Street, Brighton, BN1 has a total of 88 addresses. According to our analysis of all the public data, Flat 23, St. Nicholas Lodge, Brighton is the 86th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in BN1.
Flat 23, St. Nicholas Lodge, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 23, St. Nicholas Lodge, Brighton is Brighton station which is 500 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 23, St. Nicholas Lodge, Brighton, 34.1% of property is privately owned outright and 34.1% is privately 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 23, St. Nicholas Lodge, Brighton, 18.7% of residents are recorded as possessing school level qualifications and 62.0% 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 23, St. Nicholas Lodge, 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 23, St. Nicholas Lodge, Brighton, 1.3% 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 23, St. Nicholas Lodge, Brighton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.