Key indicators for buyers
The BN4 market presents a mixed picture for buyers. Affordability has improved from a peak of 12.8x in 2022 to 10.6x today.
Yearly averages · HM Land Registry Price Paid Data
The average property in BN4 sold for £109,000 in 2002, with a median of £109,000 across 1 transactions.
2002averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Brighton and Hove area
A home in Brighton and Hove costs 10.6x the local median salary — very stretched, improving from a peak of 12.8x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Brighton and Hove area
Average monthly rent in Brighton and Hove is £1,831, up 1.8% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Brighton and Hove price of £109,000 with a 25% deposit (£27k), a 2-year fixed mortgage at 3.97% costs around £430 per month.
Monthly cost comparison based on current data
Uses BN4 avg. price with Brighton and Hove rental data
Monthly mortgage payments (£430) are £1,401 less than renting (£1,831). However, buying requires an upfront deposit of £27k — it would take around 1 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FIRST AND SECOND FLOOR MAISONETTE, 1, HANGLETON ROAD, HOVE BN4 7LU | Flat/Maisonette | £109,000 | 5 Apr 2002 |
The most recent recorded sale in BN4 was a flat/maisonette property on Hangleton Road for £109,000 in April 2002. Across the last 1 sales, the median price was £109,000.
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.