According to the public record, Flat 7, Sceptre, Brighton is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Sceptre, Tower Gate, Preston, Brighton, BN1.
Tower Gate, Preston, Brighton, BN1 is located within the BN1 postal district.
Flat 7, Sceptre, Brighton has a single entry in the Land Registry database from May 2007 and a single entry in the EPC database dated August 2022.
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 7 Sceptre Brighton as £305,739 and the rental value as £1,575 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 7 Sceptre Brighton has increased by £8,728 (2.9%) and its rental value has increased by £156 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 7, Sceptre, Brighton is in very good condition we estimate a sale value of £321,026 and rental value of £1,654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,337 and a rental value of £1,465 per month.
If you were able to purchase this property for the estimated value of £305,739, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,503 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 7, Sceptre, Brighton was last sold on 25 May 2007 for £210,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 50.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Sceptre, Brighton within a radius of 480 metres over the last 2 years.
The most recent example is Flat 14, Sceptre, Tower Gate, Brighton, BN1 6WT, a Leasehold flat which sold for £350,000 in Aug 2020.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Gate, Preston, Brighton, BN1 has a total of 66 addresses. According to our analysis of all the public data, Flat 7, Sceptre, Brighton is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in BN1.
Flat 7, Sceptre, Brighton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 7, Sceptre, Brighton is Preston Park station which is 200 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 7, Sceptre, Brighton, 33.3% 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 7, Sceptre, Brighton, 14.8% of residents are recorded as possessing school level qualifications and 51.4% 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 7, Sceptre, Brighton, the average age was 40.3 and the most common age was 52.
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 7, Sceptre, Brighton, 0.7% 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 7, Sceptre, 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.