According to the public record, Flat 3, 2, Arundel Terrace, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,347 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Arundel Terrace, Brighton, BN2.
Arundel Terrace, Brighton, BN2 is located within the BN2 postal district.
Flat 3, 2, Arundel Terrace, Brighton has a single entry in the Land Registry database from July 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 3 2 Arundel Terrace Brighton as £1,323,477 and the rental value as £5,064 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 3 2 Arundel Terrace Brighton has increased by £48,342 (3.7%) and its rental value has increased by £543 per month (10.7%).
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 3, 2, Arundel Terrace, Brighton is in very good condition we estimate a sale value of £1,389,651 and rental value of £5,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,230,833 and a rental value of £4,710 per month.
If you were able to purchase this property for the estimated value of £1,323,477, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,504 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 3, 2, Arundel Terrace, Brighton was last sold on 28 Jul 2016 for £720,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 14.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 3, 2, Arundel Terrace, Brighton within a radius of 450 metres over the last 2 years.
The most recent example is Flat 2, 10, Arundel Terrace, Brighton, BN2 1GA, a Leasehold flat which sold for £345,000 in Apr 2009.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arundel Terrace, Brighton, BN2 has a total of 67 addresses. According to our analysis of all the public data, Flat 3, 2, Arundel Terrace, Brighton is the 12th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £901k more expensive than the average property in BN2.
The closest station to Flat 3, 2, Arundel Terrace, Brighton is Brighton station which is 2.7 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 3, 2, Arundel Terrace, Brighton, 40.0% of property is privately rented and 36.9% 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 3, 2, Arundel Terrace, Brighton, 10.5% of residents are recorded as possessing school level qualifications and 65.2% 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 3, 2, Arundel Terrace, Brighton, the average age was 41.2 and the most common age was 52.
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 3, 2, Arundel Terrace, Brighton, 4.4% 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 3, 2, Arundel Terrace, Brighton, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.