According to the public record, 23, Old Shoreham Road, Hove is a early-century freehold house with 1,711 ft2 of internal area and sits on a 419 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Old Shoreham Road, Hove, BN3 is located within the BN3 postal district.
23, Old Shoreham Road, Hove has a single entry in the Land Registry database from February 2013 and a single entry in the EPC database dated July 2013.
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 23 Old Shoreham Road Hove as £982,285 and the rental value as £3,792 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 23 Old Shoreham Road Hove has increased by £10,466 (1.1%) and its rental value has increased by £325 per month (8.6%).
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 23, Old Shoreham Road, Hove is in very good condition we estimate a sale value of £1,031,399 and rental value of £3,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £913,525 and a rental value of £3,526 per month.
If you were able to purchase this property for the estimated value of £982,285, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,828 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, 23, Old Shoreham Road, Hove sits on a plot of 419m2.
We have plot size data on 5 out of 9 other houses in the postcode and 23, Old Shoreham Road, Hove sits on the 6th largest plot.
According to HM Land Registry, 23, Old Shoreham Road, Hove was last sold on 15 Feb 2013 for £645,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2013, the market for similar properties has risen 66.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Old Shoreham Road, Hove within a radius of 480 metres over the last 2 years.
The most recent example is 23B, Shirley Drive, Hove, BN3 6NQ, a Freehold house which sold for £925,000 in Jan 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Shoreham Road, Hove, BN3 has a total of 357 addresses. According to our analysis of all the public data, 23, Old Shoreham Road, Hove is the 38th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £483k more expensive than the average property in BN3.
23, Old Shoreham Road, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2013.
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 23, Old Shoreham Road, 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 23, Old Shoreham Road, Hove, 52.9% of property is privately owned outright and 38.2% 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 23, Old Shoreham Road, Hove, 24.3% of residents are recorded as possessing school level qualifications and 60.8% 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 23, Old Shoreham Road, Hove, the average age was 40.3 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 23, Old Shoreham Road, 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 23, Old Shoreham Road, Hove, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.