According to the public record, 3, Portland Avenue, Hove is a period leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 3, Portland Avenue, Hove, BN3.
Portland Avenue, Hove, BN3 is located within the BN3 postal district.
3, Portland Avenue, Hove has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated June 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 Portland Avenue Hove as £445,311 and the rental value as £1,954 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 3 Portland Avenue Hove has increased by £9,583 (2.2%) and its rental value has increased by £201 per month (10.3%).
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 3, Portland Avenue, Hove is in very good condition we estimate a sale value of £467,576 and rental value of £2,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,139 and a rental value of £1,817 per month.
If you were able to purchase this property for the estimated value of £445,311, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,189 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, Portland Avenue, Hove was last sold on 19 Dec 2014 for £335,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Portland Avenue, Hove within a radius of 450 metres over the last 2 years.
The most recent example is Flat 2, 73, Wish Road, Hove, BN3 4LN, a Leasehold flat which sold for £390,000 in May 2024.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portland Avenue, Hove, BN3 has a total of 60 addresses. According to our analysis of all the public data, 3, Portland Avenue, Hove is the 52nd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in BN3.
3, Portland Avenue, Hove has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Jun 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 3, Portland Avenue, Hove is Portslade station which is 800 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, Portland Avenue, Hove, 40.7% of property is privately owned outright and 40.7% 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, Portland Avenue, Hove, 26.2% of residents are recorded as possessing school level qualifications and 56.4% 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, Portland Avenue, Hove, the average age was 38.8 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 3, Portland Avenue, Hove, 2.1% 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, Portland Avenue, Hove, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.