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Palace Place is a residential street with 3 addresses.
It ranks as the 41st largest and 167th most expensive of the 742 streets in the BN1 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 3 properties: 1 house and 2 flats.
Palace Place is a residential street with 3 addresses.
It ranks as the 41st largest and 167th most expensive of the 742 streets in the BN1 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 3 properties: 1 house and 2 flats.
Sale prices range from £207,893 for 1 bedroom leasehold flats (419 ft2) to £470,667 for 3 bedroom freehold houses with a garden (819 ft2) .
Monthly rental prices range from £1,065 pcm for 1 bed flats to £2,007 pcm for 3 bed houses.
The gross rental yield is between 5.1% and 6.1%.
The average value per square foot is £541.
The last sale on Palace Place sold for £105,000 on 22nd October 2002. Since then prices are down an average of 0.0%.
The current average value in the street is £323,125.
The Palace Place Sales Market has increased by 9.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.7% | £323,125 |
| May 2025 | -0.6% | £335,478 |
| May 2024 | -3% | £337,632 |
| May 2023 | -1% | £348,102 |
| May 2022 | 7.7% | £351,453 |
| May 2021 | 5.8% | £326,226 |
| May 2020 | 1.5% | £308,207 |
| May 2019 | -0.8% | £303,679 |
| May 2018 | 0.5% | £306,144 |
| May 2017 | 2.8% | £304,750 |
| May 2016 | 9.7% | £296,490 |
| May 2015 | 10.6% | £270,238 |
| May 2014 | 10.1% | £244,303 |
| May 2013 | 2.2% | £221,831 |
| May 2012 | 1.5% | £216,985 |
| May 2011 | 0% | £213,773 |
| May 2010 | 13.3% | £213,728 |
| May 2009 | -13% | £188,627 |
| May 2008 | 0.1% | £216,771 |
| May 2007 | 0% | £216,656 |
The current average rental value in the street is £1,495.
The Palace Place Rental Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £1,495pcm |
| May 2025 | 2.1% | £1,455pcm |
| May 2024 | 4% | £1,425pcm |
| May 2023 | 5.6% | £1,370pcm |
| May 2022 | 8.2% | £1,297pcm |
| May 2021 | 6.5% | £1,199pcm |
| May 2020 | 0.3% | £1,126pcm |
| May 2019 | 1.7% | £1,122pcm |
| May 2018 | 1.4% | £1,103pcm |
| May 2017 | 0.1% | £1,089pcm |
| May 2016 | 4.1% | £1,088pcm |
| May 2015 | 5.1% | £1,046pcm |
| May 2014 | 4.7% | £995pcm |
| May 2013 | 1.2% | £951pcm |
| May 2012 | 2.9% | £939pcm |
| May 2011 | 3.6% | £913pcm |
| May 2010 | 7.3% | £882pcm |
| May 2009 | -5.1% | £821pcm |
| May 2008 | 4% | £865pcm |
| May 2007 | 0% | £832pcm |
The last sale was on 22nd October 2002 for £105,000 and since then the market in the area has remained stable. The street has had a total of 1 sales since 1995.
Palace Place, Brighton, BN1 has seen no sales in the last three years and no sales in the last twelve months.
Palace Place, Brighton, BN1 is the 41st largest and the 167th most expensive street in the BN1 area.
There is 1 postcode on Palace Place, Brighton, BN1.
The closest station to Palace Place, Brighton, BN1 is Brighton station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Palace Place, Brighton, BN1, 50.3% of property is privately rented and 29.7% is socially rented.
The graph below shows how this compares to South East 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 Palace Place, Brighton, BN1, 19.6% of residents are recorded as possessing school level qualifications and 50.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Palace Place, Brighton, BN1, 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 Palace Place, Brighton, BN1, 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 Palace Place, Brighton, BN1, there are an average of 0.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.