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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 4, 88, Marine Parade, Brighton appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 1,213 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 4, 88, Marine Parade, Brighton is £529,386 and its rental estimate is £2,020 per month, given the available information and assuming reasonable condition.
88, Marine Parade is a residential building on Marine Parade, Brighton, BN2 and falls within the BN2 postal district.
Flat 4, 88, Marine Parade, Brighton has 51 entries in the Land Registry , most recently in November 2015 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.
The local information is scored as 2 out of 5 and is considered of medium 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 Flat 4, 88, Marine Parade, Brighton, we estimate a market value of £555,856 and a rental value of £2,121 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £492,329 and £1,879 per month respectively.
Over the last year, Flat 4, 88, Marine Parade, Brighton has seen its estimated sale value fall by £19,036 (3.6%) and its estimated rental value move up by £55 per month (2.7%). This results in an estimated gross rental yield of 4.6%.
The most recent sale of Flat 4, 88, Marine Parade, Brighton completed on 4th November 2015 at £619,250 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 22.4% over the period since November 2015.
Over the past 2 years 3 properties similar to Flat 4, 88, Marine Parade, Brighton have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was Flat 5, Tamworth House 76, Marine Parade, Brighton, BN2 1AE, a leasehold flat which sold for £550,000.
Read more about house prices in BN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 749 addresses on Marine Parade, Brighton, BN2, Flat 4, 88, Marine Parade, Brighton comes out as the 162nd largest and the 115th most expensive in our analysis of the public data.
It is also £138k more expensive than the average property across the BN2 district.
From Flat 4, 88, Marine Parade, Brighton, the nearest station is Brighton, 1.6 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 88, Marine Parade, Brighton, 50.0% of property is privately rented and 24.2% is privately owned with a mortgage.
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 Flat 4, 88, Marine Parade, Brighton, 14.2% of residents are recorded as possessing school level qualifications and 60.5% 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 Flat 4, 88, Marine Parade, 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 Flat 4, 88, Marine Parade, Brighton, 0.7% 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 4, 88, Marine Parade, 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.
