According to the public record, Flat 4, 18, New Steine, Brighton is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 18, New Steine, Brighton, BN2.
New Steine, Brighton, BN2 is located within the BN2 postal district.
Flat 4, 18, New Steine, Brighton has 31 entries in the Land Registry database, most recently in June 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 New Steine Brighton as £331,777 and the rental value as £1,570 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 4 18 New Steine Brighton has increased by £10,064 (3.0%) and its rental value has increased by £159 per month (10.2%).
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, New Steine, Brighton is in very good condition we estimate a sale value of £348,366 and rental value of £1,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,553 and a rental value of £1,460 per month.
If you were able to purchase this property for the estimated value of £331,777, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,631 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, New Steine, Brighton was last sold on 02 Jun 2021 for £285,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 18, New Steine, Brighton within a radius of 220 metres over the last 2 years.
The most recent example is 2 New Steine Mansions, Devonshire Place, Brighton, BN2 1QJ, a Leasehold flat which sold for £282,500 in Nov 2023.
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 4, 18, New Steine, Brighton within a radius of 220 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.
New Steine, Brighton, BN2 has a total of 49 addresses. According to our analysis of all the public data, Flat 4, 18, New Steine, Brighton is the 25th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in BN2.
Flat 4, 18, New Steine, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2023.
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 4, 18, New Steine, Brighton is Brighton station which is 1.2 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 4, 18, New Steine, Brighton, 66.2% of property is privately rented and 17.7% is privately owned outright.
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, New Steine, Brighton, 20.4% of residents are recorded as possessing school level qualifications and 52.5% 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, New Steine, 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 4, 18, New Steine, Brighton, 0.4% 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, New Steine, 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.