According to the public record, 2 Avenue Court, Hove is a period leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in Avenue Court, Palmeira Avenue, Hove, BN3.
Palmeira Avenue, Hove, BN3 is located within the BN3 postal district.
2 Avenue Court, Hove has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated December 2015.
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 2 Avenue Court Hove as £255,526 and the rental value as £1,193 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 2 Avenue Court Hove has increased by £1,667 (0.7%) and its rental value has increased by £106 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 2 Avenue Court, Hove is in very good condition we estimate a sale value of £268,303 and rental value of £1,252 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,640 and a rental value of £1,109 per month.
If you were able to purchase this property for the estimated value of £255,526, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,256 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, 2 Avenue Court, Hove was last sold on 31 Aug 2022 for £260,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Avenue Court, Hove within a radius of 230 metres over the last 2 years.
The most recent example is Flat 2, 39, Holland Road, Hove, BN3 1JE, a Leasehold flat which sold for £240,000 in May 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmeira Avenue, Hove, BN3 has a total of 391 addresses. According to our analysis of all the public data, 2 Avenue Court, Hove is the 370th largest and the 371st most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in BN3.
2 Avenue Court, Hove has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Dec 2015.
The property is not connected to mains gas and has partial multiple glazing. It is heated using electric storage heaters.
The closest station to 2 Avenue Court, Hove is Hove 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 2 Avenue Court, Hove, 66.7% of property is privately rented and 18.2% 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 2 Avenue Court, Hove, 10.6% of residents are recorded as possessing school level qualifications and 57.1% 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 2 Avenue Court, Hove, the average age was 39.7 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 2 Avenue Court, Hove, 0.9% 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 2 Avenue Court, 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.