According to the public record, 11, Marlborough Court 46-48, Hove is a mid-century leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Marlborough Court, The Drive, Hove, BN3.
The Drive, Hove, BN3 is located within the BN3 postal district.
11, Marlborough Court 46-48, Hove has 21 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated September 2022.
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 11 Marlborough Court 46-48 Hove as £171,369 and the rental value as £897 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 11 Marlborough Court 46-48 Hove has decreased by £2,963 (1.7%) and its rental value has increased by £57 per month (6.3%).
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 11, Marlborough Court 46-48, Hove is in very good condition we estimate a sale value of £179,937 and rental value of £941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,373 and a rental value of £834 per month.
If you were able to purchase this property for the estimated value of £171,369, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £842 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, 11, Marlborough Court 46-48, Hove was last sold on 06 Apr 2023 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Marlborough Court 46-48, Hove within a radius of 240 metres over the last 2 years.
The most recent example is 25, Marlborough Court 46-48, The Drive, Hove, BN3 3JX, a Leasehold flat which sold for £155,500 in Jul 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, Hove, BN3 has a total of 907 addresses. According to our analysis of all the public data, 11, Marlborough Court 46-48, Hove is the 877th largest and the 841st most expensive property on the street.
When compared to the postcode district it is £328k less expensive than the average property in BN3.
11, Marlborough Court 46-48, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2022.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to 11, Marlborough Court 46-48, Hove is Hove station which is 600 metres 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 11, Marlborough Court 46-48, Hove, 72.2% of property is privately rented and 13.5% 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 11, Marlborough Court 46-48, Hove, 10.1% of residents are recorded as possessing school level qualifications and 49.1% 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 11, Marlborough Court 46-48, Hove, the average age was 39.7 and the most common age was 27.
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 11, Marlborough Court 46-48, Hove, 0.4% 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 11, Marlborough Court 46-48, Hove, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.