According to the public record, 118, Elm Drive, Hove is a early-century freehold house with 861 ft2 of internal area and sits on a 327 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elm Drive, Hove, BN3 is located within the BN3 postal district.
118, Elm Drive, Hove has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated July 2014.
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 118 Elm Drive Hove as £407,154 and the rental value as £1,959 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 118 Elm Drive Hove has increased by £2,796 (0.7%) and its rental value has increased by £175 per month (8.9%).
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 118, Elm Drive, Hove is in very good condition we estimate a sale value of £427,511 and rental value of £2,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,653 and a rental value of £1,822 per month.
If you were able to purchase this property for the estimated value of £407,154, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,001 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 data from HM Land Registry, 118, Elm Drive, Hove sits on a plot of 327m2.
We have plot size data on 14 out of 24 other houses in the postcode and 118, Elm Drive, Hove sits on the 7th largest plot.
According to HM Land Registry, 118, Elm Drive, Hove was last sold on 26 Mar 2007 for £237,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 70.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, Elm Drive, Hove within a radius of 530 metres over the last 2 years.
The most recent example is 96, Rowan Avenue, Hove, BN3 7JH, a Freehold house which sold for £430,000 in May 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Drive, Hove, BN3 has a total of 214 addresses. According to our analysis of all the public data, 118, Elm Drive, Hove is the 141st largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in BN3.
118, Elm Drive, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2014.
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 118, Elm Drive, Hove is Portslade station which is 1.0 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 118, Elm Drive, Hove, 48.9% of property is privately owned with a mortgage and 32.1% is privately owned outright.
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 118, Elm Drive, Hove, 26.3% of residents are recorded as possessing school level qualifications and 42.4% 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 118, Elm Drive, Hove, the average age was 40.1 and the most common age was 52.
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 118, Elm Drive, Hove, 0.0% 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 118, Elm Drive, Hove, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.