According to the public record, Flat 3, 55, Buckingham Place, Brighton is a period leasehold apartment with 497 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 55, Buckingham Place, Brighton, BN1.
Buckingham Place, Brighton, BN1 is located within the BN1 postal district.
Flat 3, 55, Buckingham Place, Brighton has a single entry in the Land Registry database from December 2010 and a single entry in the EPC database dated July 2010.
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 55 Buckingham Place Brighton as £262,363 and the rental value as £1,278 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 3 55 Buckingham Place Brighton has increased by £4,988 (1.9%) and its rental value has increased by £117 per month (9.1%).
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, 55, Buckingham Place, Brighton is in very good condition we estimate a sale value of £275,481 and rental value of £1,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,997 and a rental value of £1,189 per month.
If you were able to purchase this property for the estimated value of £262,363, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,289 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, 55, Buckingham Place, Brighton was last sold on 17 Dec 2010 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 60.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 55, Buckingham Place, Brighton within a radius of 290 metres over the last 2 years.
The most recent example is Flat 1, 46, Buckingham Place, Brighton, BN1 3PJ, a Leasehold flat which sold for £265,000 in Sep 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buckingham Place, Brighton, BN1 has a total of 316 addresses. According to our analysis of all the public data, Flat 3, 55, Buckingham Place, Brighton is the 154th largest and the 172nd most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in BN1.
Flat 3, 55, Buckingham Place, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2010.
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 3, 55, Buckingham Place, Brighton is Brighton station which is 300 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, 55, Buckingham Place, Brighton, 71.3% of property is privately rented and 14.7% is privately owned with a mortgage.
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, 55, Buckingham Place, Brighton, 20.9% of residents are recorded as possessing school level qualifications and 55.8% 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, 55, Buckingham Place, 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 3, 55, Buckingham Place, Brighton, 0.4% 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, 55, Buckingham Place, 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.