According to the public record, 17 Gannet House, Hove is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 755 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gannet House, Goldstone Crescent, Hove, BN3.
Goldstone Crescent, Hove, BN3 is located within the BN3 postal district.
17 Gannet House, Hove has a single entry in the Land Registry database from August 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Gannet House Hove as £315,689 and the rental value as £1,550 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 17 Gannet House Hove has increased by £5,477 (1.7%) and its rental value has increased by £153 per month (9.9%).
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 17 Gannet House, Hove is in very good condition we estimate a sale value of £331,473 and rental value of £1,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,591 and a rental value of £1,441 per month.
If you were able to purchase this property for the estimated value of £315,689, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,552 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, 17 Gannet House, Hove was last sold on 28 Aug 2020 for £283,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17 Gannet House, Hove within a radius of 590 metres over the last 2 years.
The most recent example is 14 Gannet House, Goldstone Crescent, Hove, BN3 6LY, a Leasehold flat which sold for £325,000 in Aug 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Goldstone Crescent, Hove, BN3 has a total of 260 addresses. According to our analysis of all the public data, 17 Gannet House, Hove is the 230th largest and the 253rd most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in BN3.
The closest station to 17 Gannet House, Hove is Hove station which is 500 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 17 Gannet House, Hove, 49.6% of property is privately owned outright and 43.5% 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 17 Gannet House, Hove, 23.3% of residents are recorded as possessing school level qualifications and 43.4% 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 17 Gannet House, Hove, the average age was 42.8 and the most common age was 47.
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 17 Gannet House, Hove, 2.5% 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 17 Gannet House, Hove, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.