According to the public record, 22, Olive Road, Hove is a early-century freehold house with 1,162 ft2 of internal area and sits on a 205 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Olive Road, Hove, BN3 is located within the BN3 postal district.
22, Olive Road, Hove has 21 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated April 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 22 Olive Road Hove as £480,396 and the rental value as £2,240 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 22 Olive Road Hove has increased by £3,701 (0.8%) and its rental value has increased by £202 per month (9.0%).
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 22, Olive Road, Hove is in very good condition we estimate a sale value of £504,415 and rental value of £2,352 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,768 and a rental value of £2,083 per month.
If you were able to purchase this property for the estimated value of £480,396, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,361 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, 22, Olive Road, Hove sits on a plot of 205m2.
We have plot size data on 11 out of 16 other houses in the postcode and 22, Olive Road, Hove sits on the 8th largest plot.
According to HM Land Registry, 22, Olive Road, Hove was last sold on 30 Aug 2019 for £447,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2019, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Olive Road, Hove within a radius of 480 metres over the last 2 years.
The most recent example is 5, Egmont Road, Hove, BN3 7FN, a Freehold house which sold for £565,000 in Nov 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olive Road, Hove, BN3 has a total of 20 addresses. According to our analysis of all the public data, 22, Olive Road, Hove is the largest and the most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in BN3.
22, Olive Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2019.
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 22, Olive Road, Hove is Portslade 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 22, Olive Road, Hove, 51.3% of property is socially rented and 22.6% 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 22, Olive Road, Hove, 23.1% of residents are recorded as possessing school level qualifications and 35.0% 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 22, Olive Road, 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 22, Olive Road, Hove, 0.3% 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 22, Olive Road, Hove, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.