Flat 8, 29
Flat 8, 29
Description & Estimates
According to the public record, Flat 8, 29, Vernon Terrace, Brighton is a period leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, 29, Vernon Terrace, Brighton is £220,642 and the estimated rental value is £1,070 per month.
The apartment is within 29, Vernon Terrace, Brighton, BN1.
Vernon Terrace, Brighton, BN1 is located within the BN1 postal district.
Our Data Sources
Flat 8, 29, Vernon Terrace, Brighton has 3 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Flat 8, 29, Vernon Terrace, Brighton is in very good condition we estimate a sale value of £231,675 and a rental value of £1,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,197 and a rental value of £995 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 8, 29, Vernon Terrace, Brighton has dropped by £9,357 (4.2%), while its estimated rental value has risen by £24 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
Flat 8, 29, Vernon Terrace, Brighton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 8, 29, Vernon Terrace, Brighton was last sold on 23rd July 2024 for £290,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2024, the market for similar properties has dropped by 9.5%.
- Sold Jul 2024£290,000
- Sold Sep 2021£207,000
- Sold Jun 2012£151,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 29, Vernon Terrace, Brighton within a radius of 250 metres over the last 2 years.
The most recent example is Flat 2, 10, Buckingham Place, Brighton, BN1 3TD, a leasehold flat which sold for £242,000 on the 19th May 2023.
Read more about house prices in BN1.
- Sold May 2023£242,000 | 1 Bed FlatFlat 2, 10, Buckingham Place, Brighton, BN1 3TDFlat 2, 10, Buckingham Place, Brighton, BN1 3TD
- Sold May 2023£200,000 | 1 Bed FlatFlat 9, 22, Vernon Terrace, Brighton, BN1 3JHFlat 9, 22, Vernon Terrace, Brighton, BN1 3JH
- Sold Mar 2022£223,000 | 1 Bed FlatFlat 3, 37, Montpelier Crescent, Brighton, BN1 3JLFlat 3, 37, Montpelier Crescent, Brighton, BN1 3JL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Vernon Terrace, Brighton, BN1 has a total of 237 addresses. According to our analysis of all the public data, Flat 8, 29, Vernon Terrace, Brighton is the 197th largest and the 191st most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in BN1.
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Schools Nearby
- 600mSt Paul's CofE Primary School
- 600mSt Mary Magdalen Catholic Primary School
- 800mBrunswick Primary School
- 1.0kmCardinal Newman Catholic School
- 2.1kmDorothy Stringer School
- 2.4kmVarndean School
More reading links
Public Transport Nearby
The closest station to Flat 8, 29, Vernon Terrace, Brighton is Brighton station, which is 500 metres away.
- 500mBrighton
- 1.1kmLondon Road (Brighton)
- 1.6kmHove
Available Internet Speeds
According to recent data from Ofcom, standard broadband is available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
