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Public records show Flat 4, Ocean Heights 40, Brighton to be a modern leasehold apartment with 807 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, Ocean Heights 40, Brighton has an estimated sale value of £551,018 and an estimated rental value of £2,135 per month, assuming reasonable condition and based on the information available.
The apartment sits within Ocean Heights, Roedean Road, Brighton, BN2.
Roedean Road, Brighton, BN2 lies within the BN2 postal district.
Flat 4, Ocean Heights 40, Brighton has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 4, Ocean Heights 40, Brighton would be worth £578,568, with a potential rental value of £2,241 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £512,446, with a rental value of £1,985 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 4, Ocean Heights 40, Brighton has dropped by £19,503 (3.5%) over the last year. During the same period, its estimated monthly rental value has risen by £58 (2.7%). The property's estimated gross yield is currently 4.6%.
Flat 4, Ocean Heights 40, Brighton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Ground source heat pump, underfloor, electric.
Flat 4, Ocean Heights 40, Brighton last changed hands on 18th November 2016, selling for £585,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.5% since November 2016.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of Flat 4, Ocean Heights 40, Brighton across the last 2 years.
Most recently, Flat 2, Ocean Heights 40, Roedean Road, Brighton, BN2 5RA, a leasehold flat, sold at £610,000 on the 19th February 2021.
Read more about house prices in BN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 4, Ocean Heights 40, Brighton as the 38th largest and the 28th most expensive of the 85 addresses on Roedean Road, Brighton, BN2.
Against the BN2 postcode district average, it is £159k more expensive than the typical property.
Brighton station is the nearest stop to Flat 4, Ocean Heights 40, Brighton at 3.2 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Ocean Heights 40, Brighton, 39.9% of property is privately rented and 29.7% 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 Flat 4, Ocean Heights 40, Brighton, 20.7% of residents are recorded as possessing school level qualifications and 43.8% 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, Ocean Heights 40, Brighton, the average age was 41.2 and the most common age was 52.
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, Ocean Heights 40, Brighton, 0.6% 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, Ocean Heights 40, Brighton, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.