According to the public record, Flat 4, 18, Albert Road, Brighton is a period leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 18, Albert Road, Brighton, BN1.
Albert Road, Brighton, BN1 is located within the BN1 postal district.
Flat 4, 18, Albert Road, Brighton has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated June 2023.
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 4 18 Albert Road Brighton as £229,152 and the rental value as £974 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 4 18 Albert Road Brighton has increased by £3,796 (1.7%) and its rental value has increased by £87 per month (9.0%).
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 4, 18, Albert Road, Brighton is in very good condition we estimate a sale value of £240,609 and rental value of £1,023 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,111 and a rental value of £906 per month.
If you were able to purchase this property for the estimated value of £229,152, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,126 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 4, 18, Albert Road, Brighton was last sold on 09 Sep 2021 for £149,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 18, Albert Road, Brighton within a radius of 220 metres over the last 2 years.
The most recent example is Flat 5, 3, Alexandra Villas, Brighton, BN1 3RE, a Leasehold flat which sold for £225,000 in Apr 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Brighton, BN1 has a total of 132 addresses. According to our analysis of all the public data, Flat 4, 18, Albert Road, Brighton is the 114th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in BN1.
Flat 4, 18, Albert Road, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jun 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 4, 18, Albert Road, 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 4, 18, Albert Road, Brighton, 59.7% of property is privately rented and 20.1% 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 4, 18, Albert Road, Brighton, 12.9% of residents are recorded as possessing school level qualifications and 63.2% 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 4, 18, Albert Road, 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 4, 18, Albert Road, Brighton, 0.0% 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 4, 18, Albert Road, 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.