According to the public record, 3, Park Rise, Hove is a early-century freehold house with 678 ft2 of internal area and sits on a 315 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Park Rise, Hove, BN3 is located within the BN3 postal district.
3, Park Rise, Hove has 2 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated July 2014.
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 Park Rise Hove as £382,706 and the rental value as £1,887 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 3 Park Rise Hove has increased by £2,538 (0.7%) and its rental value has increased by £168 per month (8.9%).
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, Park Rise, Hove is in very good condition we estimate a sale value of £401,842 and rental value of £1,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,917 and a rental value of £1,755 per month.
If you were able to purchase this property for the estimated value of £382,706, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,881 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, 3, Park Rise, Hove sits on a plot of 315m2.
We have plot size data on 15 out of 28 other houses in the postcode and 3, Park Rise, Hove sits on the 10th largest plot.
According to HM Land Registry, 3, Park Rise, Hove was last sold on 05 Dec 2014 for £297,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2014, the market for similar properties has risen 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Park Rise, Hove within a radius of 460 metres over the last 2 years.
The most recent example is 1, Summerdale Road, Hove, BN3 8LG, a Freehold house which sold for £362,500 in Feb 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Rise, Hove, BN3 has a total of 28 addresses. According to our analysis of all the public data, 3, Park Rise, Hove is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in BN3.
3, Park Rise, Hove has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2014.
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, Park Rise, Hove is Portslade station which is 1.8 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 3, Park Rise, Hove, 51.1% of property is privately owned outright and 42.2% 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 3, Park Rise, Hove, 24.6% of residents are recorded as possessing school level qualifications and 41.8% 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 3, Park Rise, Hove, the average age was 40.9 and the most common age was 7.
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, Park Rise, Hove, 1.1% 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, Park Rise, 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.