According to the public record, 14, Chapel Mews, Hove is a period leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Chapel Mews, Hove, BN3 is located within the BN3 postal district.
14, Chapel Mews, Hove has 31 entries in the Land Registry database, most recently in February 2007 and a single entry in the EPC database dated May 2019.
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 14 Chapel Mews Hove as £435,596 and the rental value as £1,840 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 14 Chapel Mews Hove has increased by £9,348 (2.1%) and its rental value has increased by £188 per month (10.2%).
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 14, Chapel Mews, Hove is in very good condition we estimate a sale value of £457,376 and rental value of £1,932 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,104 and a rental value of £1,711 per month.
If you were able to purchase this property for the estimated value of £435,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,141 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, 14, Chapel Mews, Hove was last sold on 09 Feb 2007 for £272,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2007, the market for similar properties has risen 62.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Chapel Mews, Hove within a radius of 250 metres over the last 2 years.
The most recent example is Flat 2, 17, Brunswick Square, Hove, BN3 1EH, a Leasehold flat which sold for £560,000 in May 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Mews, Hove, BN3 has a total of 16 addresses. According to our analysis of all the public data, 14, Chapel Mews, Hove is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in BN3.
14, Chapel Mews, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 May 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 14, Chapel Mews, Hove is Brighton station which is 1.2 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 14, Chapel Mews, Hove, 59.8% of property is privately rented and 19.7% 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 14, Chapel Mews, Hove, 12.7% of residents are recorded as possessing school level qualifications and 65.0% 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 14, Chapel Mews, Hove, the average age was 38.2 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 14, Chapel Mews, Hove, 3.4% 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 14, Chapel Mews, Hove, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.