According to the public record, Flat 5, The Lodge 18-19, Brighton is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in The Lodge, Upper Lewes Road, Brighton, BN2.
Upper Lewes Road, Brighton, BN2 is located within the BN2 postal district.
Flat 5, The Lodge 18-19, Brighton has 51 entries in the Land Registry database, most recently in October 2011 and a single entry in the EPC database dated December 2021.
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 5 The Lodge 18-19 Brighton as £206,640 and the rental value as £1,178 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 5 The Lodge 18-19 Brighton has increased by £4,676 (2.3%) and its rental value has increased by £109 per month (9.3%).
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 5, The Lodge 18-19, Brighton is in very good condition we estimate a sale value of £216,972 and rental value of £1,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,175 and a rental value of £1,095 per month.
If you were able to purchase this property for the estimated value of £206,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,016 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 5, The Lodge 18-19, Brighton was last sold on 27 Oct 2011 for £110,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2011, the market for similar properties has risen 60.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, The Lodge 18-19, Brighton within a radius of 280 metres over the last 2 years.
The most recent example is Flat 7, The Lodge 18-19, Upper Lewes Road, Brighton, BN2 3FJ, a Leasehold flat which sold for £190,000 in Jan 2022.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Lewes Road, Brighton, BN2 has a total of 300 addresses. According to our analysis of all the public data, Flat 5, The Lodge 18-19, Brighton is the 234th largest and the 263rd most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in BN2.
Flat 5, The Lodge 18-19, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Dec 2021.
The property is not connected to mains gas and has partial secondary glazing. It is heated using electric storage heaters.
The closest station to Flat 5, The Lodge 18-19, Brighton is London Road (Brighton) station which is 500 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 5, The Lodge 18-19, Brighton, 60.6% of property is privately rented and 19.2% 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 5, The Lodge 18-19, Brighton, 35.6% of residents are recorded as possessing school level qualifications and 44.9% 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 5, The Lodge 18-19, Brighton, the average age was 33.5 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 5, The Lodge 18-19, 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 5, The Lodge 18-19, Brighton, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.