According to the public record, 1, Stonecroft Close, Hove is a mid-century leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Stonecroft Close, Hove, BN3 is located within the BN3 postal district.
1, Stonecroft Close, Hove has 3 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Stonecroft Close Hove as £263,523 and the rental value as £1,308 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 1 Stonecroft Close Hove has increased by £1,110 (0.4%) and its rental value has increased by £113 per month (8.7%).
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 1, Stonecroft Close, Hove is in very good condition we estimate a sale value of £276,699 and rental value of £1,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,076 and a rental value of £1,216 per month.
If you were able to purchase this property for the estimated value of £263,523, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,295 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Stonecroft Close, Hove was last sold on 26 Jul 2021 for £255,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2021, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Stonecroft Close, Hove within a radius of 670 metres over the last 2 years.
The most recent example is 277, Hangleton Way, Hove, BN3 8BN, a Leasehold flat which sold for £292,500 in Nov 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stonecroft Close, Hove, BN3 has a total of 22 addresses. According to our analysis of all the public data, 1, Stonecroft Close, Hove is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in BN3.
1, Stonecroft Close, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Stonecroft Close, Hove is Portslade station which is 2.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Stonecroft Close, Hove, 46.0% of property is socially rented and 21.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Stonecroft Close, Hove, 23.0% of residents are recorded as possessing school level qualifications and 21.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Stonecroft Close, Hove, the average age was 40.9 and the most common age was 7.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Stonecroft Close, Hove, 0.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Stonecroft Close, Hove, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.