Average Price for property in Princes Terrace, Brighton, BN2 is around £359,867 which varies based on type of property you are interested in and ranges from £525,083 for detached house to around £359,019 for semi-detached. Similarly terraced house is around £401,840 and a flat is worth £251,225. Values have been changing and have risen £488 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £512 in last 6 months, £24,583 in last 1 year, £45,021 in last 2 years, £53,623 in last 3 years, £52,382 in last 4 years and £52,374 in last 5 years.
Currently average asking price of a property in Princes Terrace, Brighton, BN2 is around £466,228 based on approximately 3 properties for sale. Same is the case with rental options based on 374 properties up for rent, average asking rent is around £1,465 per month.
Estimated property value in Princes Terrace, Brighton, BN2 is £359,867. Average asking price is £466,228 while average price paid is £303,337 which is up by £24,583 and Avg. asking rent £1,465.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 Princes Terrace, Brighton, BN2 area. In last 1 year alone average price buyer paid is around £303,337 based on approximately 3 sales in Princes Terrace, Brighton, BN2 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £312,626. 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 £317,124 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £303,029 per sale.