According to the public record, 26, Fairlawns 159, Hove is a mid-century leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Fairlawns, Kingsway, Hove, BN3.
Kingsway, Hove, BN3 is located within the BN3 postal district.
26, Fairlawns 159, Hove has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated October 2022.
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 26 Fairlawns 159 Hove as £412,312 and the rental value as £1,743 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 26 Fairlawns 159 Hove has decreased by £1,766 (0.4%) and its rental value has increased by £135 per month (7.7%).
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 26, Fairlawns 159, Hove is in very good condition we estimate a sale value of £432,928 and rental value of £1,830 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,450 and a rental value of £1,621 per month.
If you were able to purchase this property for the estimated value of £412,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,026 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, 26, Fairlawns 159, Hove was last sold on 09 Feb 2023 for £450,100 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Fairlawns 159, Hove within a radius of 450 metres over the last 2 years.
The most recent example is 23, Fairlawns 159, Kingsway, Hove, BN3 4FZ, a Leasehold flat which sold for £410,000 in Feb 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kingsway, Hove, BN3 has a total of 955 addresses. According to our analysis of all the public data, 26, Fairlawns 159, Hove is the 372nd largest and the 346th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in BN3.
26, Fairlawns 159, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2022.
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 26, Fairlawns 159, 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 26, Fairlawns 159, Hove, 40.6% of property is privately owned outright and 34.4% is privately rented.
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 26, Fairlawns 159, Hove, 8.0% of residents are recorded as possessing school level qualifications and 40.9% 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 26, Fairlawns 159, Hove, the average age was 43.8 and the most common age was 32.
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 26, Fairlawns 159, 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 26, Fairlawns 159, 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.