According to the public record, Flat 3, 8, Chichester Terrace, Brighton is a period leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 8, Chichester Terrace, Brighton, BN2.
Chichester Terrace, Brighton, BN2 is located within the BN2 postal district.
Flat 3, 8, Chichester Terrace, Brighton has 51 entries in the Land Registry database, most recently in April 2024 and a single entry in the EPC database dated March 2024.
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 8 Chichester Terrace Brighton as £616,120 and the rental value as £2,358 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 3 8 Chichester Terrace Brighton has increased by £22,506 (3.7%) and its rental value has increased by £253 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, 8, Chichester Terrace, Brighton is in very good condition we estimate a sale value of £646,926 and rental value of £2,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £572,991 and a rental value of £2,193 per month.
If you were able to purchase this property for the estimated value of £616,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,028 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, 8, Chichester Terrace, Brighton was last sold on 12 Apr 2024 for £675,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2024, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 8, Chichester Terrace, Brighton within a radius of 370 metres over the last 2 years.
The most recent example is Ground Floor Flat, 3, Lewes Crescent, Brighton, BN2 1FH, a Leasehold flat which sold for £565,000 in Sep 2021.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chichester Terrace, Brighton, BN2 has a total of 79 addresses. According to our analysis of all the public data, Flat 3, 8, Chichester Terrace, Brighton is the 33rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £194k more expensive than the average property in BN2.
Flat 3, 8, Chichester Terrace, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2024.
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, 8, Chichester Terrace, Brighton is Brighton station which is 2.4 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, 8, Chichester Terrace, Brighton, 42.1% of property is privately owned outright and 29.0% 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 3, 8, Chichester Terrace, Brighton, 10.9% of residents are recorded as possessing school level qualifications and 61.9% 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, 8, Chichester Terrace, Brighton, the average age was 42.1 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, 8, Chichester Terrace, Brighton, 0.5% 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, 8, Chichester 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.