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Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 2 Arcade Buildings, Brighton is £238,908 and its rental estimate is £1,053 per month, given the available information and assuming reasonable condition.
Arcade Buildings, Imperial Arcade is a residential building on Imperial Arcade, Brighton, BN1 and falls within the BN1 postal district.
2 Arcade Buildings, Brighton has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Arcade Buildings, Brighton, we estimate a market value of £250,854 and a rental value of £1,106 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,185 and £980 per month respectively.
Over the last year, 2 Arcade Buildings, Brighton has seen its estimated sale value decrease by £10,131 (4.2%) and its estimated rental value grow by £23 per month (2.2%). This results in an estimated gross rental yield of 5.3%.
2 Arcade Buildings, Brighton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
The most recent sale of 2 Arcade Buildings, Brighton completed on 8th September 2006 at £165,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Over the past 2 years 3 properties similar to 2 Arcade Buildings, Brighton have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd March 2022, was Flat 4, 6, Clifton Terrace, Brighton, BN1 3HA, a leasehold flat which sold for £243,000.
Read more about house prices in BN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Imperial Arcade, Brighton, BN1, 2 Arcade Buildings, Brighton comes out as the 12th largest and the 10th most expensive in our analysis of the public data.
It is also £201k less expensive than the average property across the BN1 district.
From 2 Arcade Buildings, Brighton, the nearest station is Brighton, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Arcade Buildings, Brighton, 66.7% of property is privately rented and 14.1% is privately owned outright.
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 2 Arcade Buildings, Brighton, 22.0% of residents are recorded as possessing school level qualifications and 53.9% 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 2 Arcade Buildings, 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 2 Arcade Buildings, Brighton, 1.3% 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 2 Arcade Buildings, Brighton, 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.