According to the public record, 159, Holmes Avenue, Hove is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Holmes Avenue, Hove, BN3 is located within the BN3 postal district.
159, Holmes Avenue, Hove has a single entry in the Land Registry database from June 2014 and a single entry in the EPC database dated March 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 159 Holmes Avenue Hove as £275,077 and the rental value as £1,381 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 159 Holmes Avenue Hove has increased by £1,753 (0.6%) and its rental value has increased by £121 per month (8.8%).
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 159, Holmes Avenue, Hove is in very good condition we estimate a sale value of £288,831 and rental value of £1,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,821 and a rental value of £1,284 per month.
If you were able to purchase this property for the estimated value of £275,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,352 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, 159, Holmes Avenue, Hove was last sold on 16 Jun 2014 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2014, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159, Holmes Avenue, Hove within a radius of 550 metres over the last 2 years.
The most recent example is 243, Holmes Avenue, Hove, BN3 7LH, a Leasehold flat which sold for £309,000 in Aug 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmes Avenue, Hove, BN3 has a total of 196 addresses. According to our analysis of all the public data, 159, Holmes Avenue, Hove is the 164th largest and the 173rd most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in BN3.
159, Holmes Avenue, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Mar 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 159, Holmes Avenue, Hove is Aldrington station which is 1.1 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 159, Holmes Avenue, Hove, 51.7% of property is privately owned outright and 34.3% 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 159, Holmes Avenue, Hove, 18.4% of residents are recorded as possessing school level qualifications and 37.8% 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 159, Holmes Avenue, 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 159, Holmes Avenue, Hove, 0.6% 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 159, Holmes Avenue, Hove, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.