According to the public record, Second Floor Flat, 21, Walpole Terrace, Brighton is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 532 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 21, Walpole Terrace, Brighton, BN2.
Walpole Terrace, Brighton, BN2 is located within the BN2 postal district.
Second Floor Flat, 21, Walpole Terrace, Brighton has 31 entries in the Land Registry database, most recently in July 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Second Floor Flat 21 Walpole Terrace Brighton as £299,349 and the rental value as £1,515 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Second Floor Flat 21 Walpole Terrace Brighton has increased by £9,215 (3.1%) and its rental value has increased by £153 per month (10.1%).
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 Second Floor Flat, 21, Walpole Terrace, Brighton is in very good condition we estimate a sale value of £314,317 and rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,395 and a rental value of £1,409 per month.
If you were able to purchase this property for the estimated value of £299,349, 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, Second Floor Flat, 21, Walpole Terrace, Brighton was last sold on 07 Jul 2022 for £290,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Second Floor Flat, 21, Walpole Terrace, Brighton within a radius of 410 metres over the last 2 years.
The most recent example is Flat 4, 7, Evelyn Terrace, Brighton, BN2 0EP, a Leasehold flat which sold for £325,000 in Oct 2022.
Read more about house prices in BN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walpole Terrace, Brighton, BN2 has a total of 105 addresses. According to our analysis of all the public data, Second Floor Flat, 21, Walpole Terrace, Brighton is the 61st largest and the 64th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in BN2.
The closest station to Second Floor Flat, 21, Walpole Terrace, Brighton is Brighton station which is 1.7 kilometres 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 Second Floor Flat, 21, Walpole Terrace, Brighton, 54.7% of property is privately rented and 26.0% 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 Second Floor Flat, 21, Walpole Terrace, Brighton, 17.9% of residents are recorded as possessing school level qualifications and 64.6% 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 Second Floor Flat, 21, Walpole Terrace, Brighton, the average age was 42.1 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 Second Floor Flat, 21, Walpole Terrace, 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 Second Floor Flat, 21, Walpole Terrace, 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.