According to the public record, Flat 4, 78, Franklin Road, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 702 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 78, Franklin Road, Brighton, BN2.
Franklin Road, Brighton, BN2 is located within the BN2 postal district.
Flat 4, 78, Franklin Road, Brighton has a single entry in the Land Registry database from November 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 78 Franklin Road Brighton as £292,595 and the rental value as £1,639 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 4 78 Franklin Road Brighton has increased by £8,387 (2.9%) and its rental value has increased by £163 per month (9.9%).
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 4, 78, Franklin Road, Brighton is in very good condition we estimate a sale value of £307,225 and rental value of £1,721 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,114 and a rental value of £1,524 per month.
If you were able to purchase this property for the estimated value of £292,595, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,438 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, 78, Franklin Road, Brighton was last sold on 18 Nov 2011 for £167,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 61.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 78, Franklin Road, Brighton within a radius of 260 metres over the last 2 years.
The most recent example is Flat 1, 6, Franklin Road, Brighton, BN2 3AD, a Leasehold flat which sold for £225,000 in Jun 2022.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Franklin Road, Brighton, BN2 has a total of 113 addresses. According to our analysis of all the public data, Flat 4, 78, Franklin Road, Brighton is the 55th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in BN2.
The closest station to Flat 4, 78, Franklin Road, Brighton is London Road (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, 78, Franklin Road, Brighton, 36.6% of property is privately rented and 23.5% 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, 78, Franklin Road, Brighton, 37.5% 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 4, 78, Franklin Road, Brighton, the average age was 33.9 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, 78, Franklin Road, Brighton, 0.9% 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, 78, Franklin Road, Brighton, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.