According to the public record, Flat 3, 38, Florence Road, Brighton is a mid-century leasehold apartment with 735 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Florence Road, Brighton, BN1.
Florence Road, Brighton, BN1 is located within the BN1 postal district.
Flat 3, 38, Florence Road, Brighton has a single entry in the Land Registry database from August 2011 and a single entry in the EPC database dated April 2011.
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 3 38 Florence Road Brighton as £332,267 and the rental value as £1,623 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 3 38 Florence Road Brighton has increased by £11,170 (3.4%) and its rental value has increased by £169 per month (10.4%).
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, 38, Florence Road, Brighton is in very good condition we estimate a sale value of £348,880 and rental value of £1,705 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,008 and a rental value of £1,510 per month.
If you were able to purchase this property for the estimated value of £332,267, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,633 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, 38, Florence Road, Brighton was last sold on 12 Aug 2011 for £206,400 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2011, the market for similar properties has risen 59.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 38, Florence Road, Brighton within a radius of 340 metres over the last 2 years.
The most recent example is Flat 7, 38, Florence Road, Brighton, BN1 6DJ, a Leasehold flat which sold for £357,000 in Oct 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Florence Road, Brighton, BN1 has a total of 175 addresses. According to our analysis of all the public data, Flat 3, 38, Florence Road, Brighton is the 103rd largest and the 113th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in BN1.
Flat 3, 38, Florence Road, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Apr 2011.
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 3, 38, Florence Road, Brighton is London Road (Brighton) station which is 200 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 3, 38, Florence Road, Brighton, 33.5% of property is privately rented and 32.6% 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, 38, Florence Road, Brighton, 24.0% of residents are recorded as possessing school level qualifications and 63.0% 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 3, 38, Florence Road, Brighton, the average age was 37.9 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 3, 38, Florence Road, Brighton, 1.1% 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 3, 38, Florence Road, Brighton, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.