According to the public record, Flat Above, 22, Spring Street, Brighton is a period Leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Spring Street, Brighton, BN1 is located within the BN1 postal district.
Flat Above, 22, Spring Street, Brighton has a single entry in the Land Registry database from November 2012 and a single entry in the EPC database dated July 2013.
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 Above 22 Spring Street Brighton as £354,031 and the rental value as £1,724 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat Above 22 Spring Street Brighton has increased by £10,863 (3.1%) and its rental value has increased by £186 per month (10.8%).
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 Above, 22, Spring Street, Brighton is in very good condition we estimate a sale value of £371,732 and rental value of £1,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,249 and a rental value of £1,603 per month.
If you were able to purchase this property for the estimated value of £354,031, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,740 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 Above, 22, Spring Street, Brighton was last sold on 23 Nov 2012 for £220,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2012, the market for similar properties has risen 60.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat Above, 22, Spring Street, Brighton within a radius of 250 metres over the last 2 years.
The most recent example is Maisonette Flat, 13, Dean Street, Brighton, BN1 3EG, a Leasehold flat which sold for £475,000 in Mar 2023.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Street, Brighton, BN1 has a total of 23 addresses. According to our analysis of all the public data, Flat Above, 22, Spring Street, Brighton is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in BN1.
Flat Above, 22, Spring Street, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2013.
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 Above, 22, Spring Street, Brighton is Brighton station which is 700 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 Above, 22, Spring Street, Brighton, 39.6% of property is privately rented and 35.6% 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 Above, 22, Spring Street, Brighton, 15.8% of residents are recorded as possessing school level qualifications and 63.7% 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 Above, 22, Spring Street, 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 Above, 22, Spring Street, Brighton, 1.9% 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 Above, 22, Spring Street, 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.