According to the public record, Ground Floor Flat, 3, Buckingham Street, Brighton is a period leasehold apartment with 410 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 3, Buckingham Street, Brighton, BN1.
Buckingham Street, Brighton, BN1 is located within the BN1 postal district.
Ground Floor Flat, 3, Buckingham Street, Brighton has 61 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated September 2011.
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 Ground Floor Flat 3 Buckingham Street Brighton as £299,321 and the rental value as £1,285 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Ground Floor Flat 3 Buckingham Street Brighton has increased by £5,906 (2.0%) and its rental value has increased by £120 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 Ground Floor Flat, 3, Buckingham Street, Brighton is in very good condition we estimate a sale value of £314,287 and rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,368 and a rental value of £1,195 per month.
If you were able to purchase this property for the estimated value of £299,321, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,471 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, Ground Floor Flat, 3, Buckingham Street, Brighton was last sold on 15 Dec 2020 for £241,700 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Dec 2020, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 3, Buckingham Street, Brighton within a radius of 250 metres over the last 2 years.
The most recent example is Flat 3, 2, Buckingham Street, Brighton, BN1 3LT, a Leasehold flat which sold for £325,000 in Jun 2021.
Read more about house prices in BN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buckingham Street, Brighton, BN1 has a total of 73 addresses. According to our analysis of all the public data, Ground Floor Flat, 3, Buckingham Street, Brighton is the 62nd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in BN1.
Ground Floor Flat, 3, Buckingham Street, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Sep 2011.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 3, Buckingham Street, Brighton is Brighton 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 Ground Floor Flat, 3, Buckingham Street, Brighton, 71.0% of property is privately rented and 14.5% 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 Ground Floor Flat, 3, Buckingham Street, Brighton, 23.0% of residents are recorded as possessing school level qualifications and 51.5% 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 Ground Floor Flat, 3, Buckingham Street, Brighton, the average age was 37.5 and the most common age was 27.
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 Ground Floor Flat, 3, Buckingham Street, Brighton, 1.4% 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 Ground Floor Flat, 3, Buckingham Street, Brighton, there are an average of 0.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.