Brighton

Area Guide For Brighton

Brighton is a popular neighbourhood pulling in people who like to enjoy the sea view along with modern amenities. The major chunk of population in the area is likely to be comprised of students, given the variety of educational institutions, ranging from private schools to universities. This also means the area is favoured by investors who purchase property for letting it to students. Transport is not a major problem either, with railway connections to both Victoria and London Bridge. Another plus point includes the reasonable property prices and not too high rents. Good eating and drinking places aren’t in shortage either, and the area is also a popular cultural hub with some of the UK’s biggest events taking place here.

 
 

Brighton Map

Estimated Price: £335,002
Average Asking Price: £461,096
Price change in last one year: £26,464
Average Price Paid: £281,316
Average Rent Rates: £1,624

 
 

Property Prices Breakdown in Brighton

Average Price for property in Brighton is around £335,002 which varies based on type of property you are interested in and ranges from £490,769 for detached house to around £342,614 for semi-detached. Similarly terraced house is around £371,639 and a flat is worth £239,977. Values have been changing and have risen £86 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £821 in last 6 months, £26,464 in last 1 year, £44,289 in last 2 years, £50,512 in last 3 years, £53,913 in last 4 years and £52,317 in last 5 years.

Currently average asking price of a property in Brighton is around £461,096 based on approximately 3,141 properties for sale. Same is the case with rental options based on 716 properties up for rent, average asking rent is around £1,624 per month.

Estimated property value in Brighton is £335,002. Average asking price is £461,096 while average price paid is £314,536 which is up by £26,464 and Avg. asking rent £1,624.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Brighton area. In last 1 year alone average price buyer paid is around £314,536 based on approximately 3,141 sales in Brighton area alone. If you compare it to last 3 years sales of 9,120 properties where buyers paid around £291,568. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £281,316 for 15,111 and average amount paid for purchase of approx. 19,977 properties sold in last 7 years comes to about £273,189 per sale.

 
 

Properties For Sale in Brighton

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £101,258, £335,643 for a 2 bedroom house, £439,439 for a 3 bedroom house, £574,538 for a 4 bedroom house and £997,663 for a 5 bedroom house. For a flat similarly the prices varies from £206,142 for a single bedroom to £336,222 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £531,029 and £527,500 for a 4 bedroom flat. To sum up the asking prices for properties in Brighton it comes to around average £198,716 for 1 bedroom property, £336,084 for 2 bedroom, £455,213 for 3 bedroom, £573,267 for 4 bedroom and £997,663 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £961 for 1 bedroom to £1,268 for 2 bedrooms, £1,392 for 3 bedrooms, £1,806 for 4 bedrooms and £2,153 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £801. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,164, £1,476 for 3 bedroom and £1,900 for 4 bedroom. You should be generally be expecting around average £809 rent per month for single bedroom property, £1,182 for 2 bedroom, £1,426 for 3 bedroom, £1,813 for 4 bedroom and approximately £2,153 for a 5 bedroom property in Brighton area.

Popular Houses in Brighton

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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