According to the public record, Flat 6, 23-24, Hanover Crescent, Brighton is a period leasehold apartment with 279 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 23, Hanover Crescent, Brighton, BN2.
Hanover Crescent, Brighton, BN2 is located within the BN2 postal district.
Flat 6, 23-24, Hanover Crescent, Brighton has 2 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated June 2018.
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 6 23-24 Hanover Crescent Brighton as £208,061 and the rental value as £1,016 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 6 23-24 Hanover Crescent Brighton has increased by £4,877 (2.3%) and its rental value has increased by £96 per month (9.4%).
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 6, 23-24, Hanover Crescent, Brighton is in very good condition we estimate a sale value of £218,464 and rental value of £1,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,497 and a rental value of £945 per month.
If you were able to purchase this property for the estimated value of £208,061, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,023 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 6, 23-24, Hanover Crescent, Brighton was last sold on 26 Nov 2020 for £178,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 23-24, Hanover Crescent, Brighton within a radius of 310 metres over the last 2 years.
The most recent example is 83C , Ditchling Road, Brighton, BN1 4SD, a Leasehold flat which sold for £190,000 in Jul 2022.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hanover Crescent, Brighton, BN2 has a total of 50 addresses. According to our analysis of all the public data, Flat 6, 23-24, Hanover Crescent, Brighton is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in BN2.
Flat 6, 23-24, Hanover Crescent, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2018.
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 6, 23-24, Hanover Crescent, 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 6, 23-24, Hanover Crescent, Brighton, 40.2% of property is privately rented and 25.0% 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 6, 23-24, Hanover Crescent, Brighton, 16.8% of residents are recorded as possessing school level qualifications and 62.0% 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 6, 23-24, Hanover Crescent, 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 6, 23-24, Hanover Crescent, Brighton, 0.8% 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 6, 23-24, Hanover Crescent, 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.