According to the public record, Flat 31, Princes House, Brighton is a modern leasehold apartment with 2,011 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The apartment is in Princes House, North Street, Brighton, BN1.
North Street, Brighton, BN1 is located within the BN1 postal district.
Flat 31, Princes House, Brighton has 3 entries in the Land Registry database, most recently in January 2010 and a single entry in the EPC database dated August 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 31 Princes House Brighton as £619,833 and the rental value as £3,076 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 31 Princes House Brighton has increased by £21,679 (3.5%) and its rental value has increased by £335 per month (10.9%).
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 31, Princes House, Brighton is in very good condition we estimate a sale value of £650,824 and rental value of £3,230 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,444 and a rental value of £2,861 per month.
If you were able to purchase this property for the estimated value of £619,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,046 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 31, Princes House, Brighton was last sold on 19 Jan 2010 for £921,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2010, the market for similar properties has risen 63.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 31, Princes House, Brighton within a radius of 350 metres over the last 2 years.
The most recent example is Flat 1, Old Court House 15-17, Princes Street, Brighton, BN2 1WE, a Leasehold flat which sold for £700,000 in Feb 2017.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Street, Brighton, BN1 has a total of 102 addresses. According to our analysis of all the public data, Flat 31, Princes House, Brighton is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in BN1.
Flat 31, Princes House, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Water source heat pump, warm air, electric.
The closest station to Flat 31, Princes House, Brighton is Brighton station which is 700 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 31, Princes House, Brighton, 50.5% of property is privately rented and 24.5% 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 31, Princes House, Brighton, 16.8% of residents are recorded as possessing school level qualifications and 53.2% 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 31, Princes House, Brighton, the average age was 35.8 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 31, Princes House, Brighton, 2.1% 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 31, Princes House, Brighton, there are an average of 0.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.