According to the public record, Flat 4, 18, Russell Square, Brighton is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 18, Russell Square, Brighton, BN1.
Russell Square, Brighton, BN1 is located within the BN1 postal district.
Flat 4, 18, Russell Square, Brighton has 51 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated June 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 4 18 Russell Square Brighton as £276,653 and the rental value as £1,400 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 4 18 Russell Square Brighton has increased by £8,509 (3.1%) and its rental value has increased by £149 per month (10.6%).
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 4, 18, Russell Square, Brighton is in very good condition we estimate a sale value of £290,486 and rental value of £1,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,287 and a rental value of £1,302 per month.
If you were able to purchase this property for the estimated value of £276,653, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,360 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, Russell Square, Brighton was last sold on 17 Feb 2023 for £270,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2023, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 18, Russell Square, Brighton within a radius of 290 metres over the last 2 years.
The most recent example is Basement Flat, 6, St. Margarets Place, Brighton, BN1 2FD, a Leasehold flat which sold for £258,000 in May 2022.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Square, Brighton, BN1 has a total of 173 addresses. According to our analysis of all the public data, Flat 4, 18, Russell Square, Brighton is the 88th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in BN1.
Flat 4, 18, Russell Square, Brighton has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 27 Jun 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
The closest station to Flat 4, 18, Russell Square, Brighton is Brighton 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 4, 18, Russell Square, Brighton, 77.0% of property is privately rented and 9.9% 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, Russell Square, Brighton, 19.5% of residents are recorded as possessing school level qualifications and 51.8% 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, Russell Square, 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 4, 18, Russell Square, Brighton, 1.1% 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 4, 18, Russell Square, 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.