According to the public record, 3 Lyndhurst Court, Hove is a mid-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Lyndhurst Court, Lyndhurst Road, Hove, BN3.
Lyndhurst Road, Hove, BN3 is located within the BN3 postal district.
3 Lyndhurst Court, Hove has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated April 2018.
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 3 Lyndhurst Court Hove as £265,438 and the rental value as £1,360 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 3 Lyndhurst Court Hove has decreased by £1,463 (0.6%) and its rental value has increased by £102 per month (7.5%).
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 3 Lyndhurst Court, Hove is in very good condition we estimate a sale value of £278,710 and rental value of £1,428 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,857 and a rental value of £1,265 per month.
If you were able to purchase this property for the estimated value of £265,438, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,305 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, 3 Lyndhurst Court, Hove was last sold on 28 Jun 2022 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Lyndhurst Court, Hove within a radius of 340 metres over the last 2 years.
The most recent example is 26 Lyndhurst Court, Lyndhurst Road, Hove, BN3 6FZ, a Leasehold flat which sold for £300,000 in Aug 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyndhurst Road, Hove, BN3 has a total of 157 addresses. According to our analysis of all the public data, 3 Lyndhurst Court, Hove is the 140th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £234k less expensive than the average property in BN3.
3 Lyndhurst Court, Hove has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Apr 2018.
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 3 Lyndhurst Court, Hove is Hove station which is 700 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 3 Lyndhurst Court, Hove, 45.5% of property is privately rented and 37.5% 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 3 Lyndhurst Court, Hove, 12.9% of residents are recorded as possessing school level qualifications and 54.1% 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 3 Lyndhurst Court, Hove, the average age was 40.7 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 3 Lyndhurst Court, Hove, 0.0% 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 3 Lyndhurst Court, Hove, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.