According to the public record, Flat 3A, 45, Preston Park Avenue, Brighton is a period leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 45, Preston Park Avenue, Brighton, BN1.
Preston Park Avenue, Brighton, BN1 is located within the BN1 postal district.
Flat 3A, 45, Preston Park Avenue, Brighton has 21 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated March 2019.
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 3A 45 Preston Park Avenue Brighton as £203,981 and the rental value as £1,076 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3A 45 Preston Park Avenue Brighton has increased by £3,874 (1.9%) and its rental value has increased by £95 per month (8.8%).
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 3A, 45, Preston Park Avenue, Brighton is in very good condition we estimate a sale value of £214,180 and rental value of £1,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,703 and a rental value of £1,001 per month.
If you were able to purchase this property for the estimated value of £203,981, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,003 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 3A, 45, Preston Park Avenue, Brighton was last sold on 06 Dec 2019 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3A, 45, Preston Park Avenue, Brighton within a radius of 460 metres over the last 2 years.
The most recent example is Flat 6, 24, Preston Park Avenue, Brighton, BN1 6HL, a Leasehold flat which sold for £230,000 in May 2021.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Park Avenue, Brighton, BN1 has a total of 257 addresses. According to our analysis of all the public data, Flat 3A, 45, Preston Park Avenue, Brighton is the 255th largest and the 257th most expensive property on the street.
When compared to the postcode district it is £273k less expensive than the average property in BN1.
Flat 3A, 45, Preston Park Avenue, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2019.
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 3A, 45, Preston Park Avenue, Brighton is Preston Park station which is 800 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 3A, 45, Preston Park Avenue, Brighton, 38.2% of property is privately rented and 35.3% 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 3A, 45, Preston Park Avenue, Brighton, 14.0% of residents are recorded as possessing school level qualifications and 60.9% 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 3A, 45, Preston Park Avenue, Brighton, the average age was 37.2 and the most common age was 52.
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 3A, 45, Preston Park Avenue, Brighton, 1.0% 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 3A, 45, Preston Park Avenue, 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.