According to the public record, 27, Mill Drive, Hove is a mid-century freehold house with 1,356 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mill Drive, Hove, BN3 is located within the BN3 postal district.
27, Mill Drive, Hove has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated August 2020.
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 27 Mill Drive Hove as £719,894 and the rental value as £3,072 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 27 Mill Drive Hove has increased by £9,941 (1.4%) and its rental value has increased by £285 per month (9.3%).
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 27, Mill Drive, Hove is in very good condition we estimate a sale value of £755,889 and rental value of £3,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £669,502 and a rental value of £2,857 per month.
If you were able to purchase this property for the estimated value of £719,894, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,538 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, 27, Mill Drive, Hove sits on a plot of 341m2.
We have plot size data on 15 out of 31 other houses in the postcode and 27, Mill Drive, Hove sits on the 5th largest plot.
According to HM Land Registry, 27, Mill Drive, Hove was last sold on 22 Dec 2020 for £630,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Mill Drive, Hove within a radius of 620 metres over the last 2 years.
The most recent example is 60, Mill Drive, Hove, BN3 6WD, a Freehold house which sold for £677,000 in Aug 2023.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Drive, Hove, BN3 has a total of 63 addresses. According to our analysis of all the public data, 27, Mill Drive, Hove is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £221k more expensive than the average property in BN3.
27, Mill Drive, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Aug 2020.
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 27, Mill Drive, Hove is Aldrington station which is 1.3 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 27, Mill Drive, Hove, 60.0% of property is privately owned with a mortgage and 34.8% 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 27, Mill Drive, Hove, 26.9% of residents are recorded as possessing school level qualifications and 53.6% 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 27, Mill Drive, 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 27, Mill Drive, Hove, 1.2% 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 27, Mill Drive, Hove, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.