According to the public record, Flat 3, Medway Court, Brighton is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Medway Court, Carlton Hill, Brighton, BN2.
Carlton Hill, Brighton, BN2 is located within the BN2 postal district.
Flat 3, Medway Court, Brighton has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated June 2016.
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 Medway Court Brighton as £259,096 and the rental value as £1,469 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 3 Medway Court Brighton has increased by £6,755 (2.6%) and its rental value has increased by £142 per month (9.6%).
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, Medway Court, Brighton is in very good condition we estimate a sale value of £272,051 and rental value of £1,543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,959 and a rental value of £1,366 per month.
If you were able to purchase this property for the estimated value of £259,096, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,273 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, Medway Court, Brighton was last sold on 31 Oct 2016 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Medway Court, Brighton within a radius of 270 metres over the last 2 years.
The most recent example is Flat 45, St. James House, High Street, Brighton, BN2 1RW, a Leasehold flat which sold for £235,000 in Mar 2021.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 3, Medway Court, Brighton within a radius of 270 metres over the last 2 years.
Most recently Basement Flat, 16, Devonshire Place, Brighton, BN2 1QA, a Leasehold flat let by Your Home Managed in Jun 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carlton Hill, Brighton, BN2 has a total of 60 addresses. According to our analysis of all the public data, Flat 3, Medway Court, Brighton is the 39th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in BN2.
Flat 3, Medway Court, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, Medway Court, Brighton is Brighton station which is 1.0 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, Medway Court, Brighton, 27.6% of property is privately rented and 26.9% is socially 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, Medway Court, Brighton, 33.9% of residents are recorded as possessing school level qualifications and 40.2% 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, Medway Court, Brighton, the average age was 37.7 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, Medway Court, Brighton, 0.3% 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 3, Medway Court, Brighton, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.