According to the public record, 13, Malvern Street, Hove is a period freehold house with 871 ft2 of internal area and sits on a 96.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malvern Street, Hove, BN3 is located within the BN3 postal district.
13, Malvern Street, Hove has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated January 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 13 Malvern Street Hove as £507,402 and the rental value as £2,359 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 13 Malvern Street Hove has increased by £5,660 (1.1%) and its rental value has increased by £223 per month (9.4%).
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 13, Malvern Street, Hove is in very good condition we estimate a sale value of £532,772 and rental value of £2,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £471,884 and a rental value of £2,193 per month.
If you were able to purchase this property for the estimated value of £507,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,494 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, 13, Malvern Street, Hove sits on a plot of 96m2.
We have plot size data on 3 out of 3 other houses in the postcode and 13, Malvern Street, Hove sits on the 3rd largest plot.
According to HM Land Registry, 13, Malvern Street, Hove was last sold on 19 Feb 2021 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Malvern Street, Hove within a radius of 290 metres over the last 2 years.
The most recent example is 14, Malvern Street, Hove, BN3 3YR, a Freehold house which sold for £570,000 in Aug 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Street, Hove, BN3 has a total of 5 addresses. According to our analysis of all the public data, 13, Malvern Street, Hove is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in BN3.
13, Malvern Street, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2022.
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 13, Malvern Street, 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 13, Malvern Street, Hove, 66.9% of property is privately rented and 15.6% 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 13, Malvern Street, Hove, 16.2% of residents are recorded as possessing school level qualifications and 46.4% 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 13, Malvern Street, Hove, the average age was 39.1 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 13, Malvern Street, 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 13, Malvern Street, Hove, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.