Lower Ground Floor Flat 21 Madeira Place

    LOWER GROUND FLOOR FLAT 21, MADEIRA PLACE, BRIGHTON, BN2 1TN

    This flat/maisonette leasehold property on Madeira Place last sold in October 2022 for £310,000. Based on price growth in the BN2 district since then, its estimated current value is £272,296 — placing it in the 43rd percentile nationally and the 22nd percentile within BN2. The property covers 48 m² (517 sq ft), giving an estimated value of £5,673 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £310,000

    Oct 2022

    Estimated Valuation

    £272,296

    Est. £/sq ft

    £527/sq ft

    £5,673/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateJun 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    14 Oct 2022

    £310,000

    16 Jul 2021

    £226,000

    14 Mar 2005

    £87,500

    21 Jan 2005

    New build

    £75,000

    Key Metrics

    Estimated valuation£272,296
    Value per sq ft / m²£527/sq ft (£5,673/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BN2 district percentile22nd percentile
    National percentile43rd percentile

    District Context — BN2

    BN2 covers central Brighton and the seafront areas of this major South Coast city. It is an established urban residential and commercial district with significant private rental activity and a youthful population character.

    Average Property Price - BN2

    £457,516

    76

    National percentile

    Average Net Household Income - BN2

    £38,136

    50

    National percentile

    10-Year Annualised Price Growth - BN2

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - BN

    3.8%

    48

    National percentile

    View full analysis for BN2

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